Head to Head Comparison: Draganfly (NASDAQ:DPRO) and Evolv Technologies (NASDAQ:EVLV)
by Michael Walen · The Markets DailyDraganfly (NASDAQ:DPRO – Get Free Report) and Evolv Technologies (NASDAQ:EVLV – Get Free Report) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability and dividends.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Draganfly and Evolv Technologies, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Draganfly | 0 | 0 | 3 | 0 | 3.00 |
| Evolv Technologies | 1 | 1 | 4 | 1 | 2.71 |
Draganfly currently has a consensus target price of $15.67, suggesting a potential upside of 156.66%. Evolv Technologies has a consensus target price of $9.13, suggesting a potential upside of 31.20%. Given Draganfly’s stronger consensus rating and higher probable upside, research analysts clearly believe Draganfly is more favorable than Evolv Technologies.
Volatility & Risk
Draganfly has a beta of 2.64, meaning that its stock price is 164% more volatile than the S&P 500. Comparatively, Evolv Technologies has a beta of 1.85, meaning that its stock price is 85% more volatile than the S&P 500.
Insider and Institutional Ownership
10.4% of Draganfly shares are held by institutional investors. Comparatively, 66.7% of Evolv Technologies shares are held by institutional investors. 11.3% of Evolv Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Profitability
This table compares Draganfly and Evolv Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Draganfly | -243.20% | -71.81% | -58.36% |
| Evolv Technologies | -43.76% | -55.11% | -21.55% |
Valuation & Earnings
This table compares Draganfly and Evolv Technologies”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Draganfly | $7.43 million | 4.46 | -$10.13 million | ($1.85) | -3.30 |
| Evolv Technologies | $136.50 million | 8.90 | -$54.02 million | ($0.37) | -18.80 |
Draganfly has higher earnings, but lower revenue than Evolv Technologies. Evolv Technologies is trading at a lower price-to-earnings ratio than Draganfly, indicating that it is currently the more affordable of the two stocks.
Summary
Evolv Technologies beats Draganfly on 10 of the 15 factors compared between the two stocks.
About Draganfly
Draganfly Inc. develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quadcopters, fixed-wing aircraft, ground-based robots, handheld controllers, and flight training, as well as software used for tracking, live streaming, and data collection. It also operates a health/telehealth platform that is a set of technologies that remotely detect various biometrics, such as heart rate, oxygen saturation, and blood pressure. In addition, the company provides sanitary spraying services to indoor and outdoor public gathering spaces, including sport stadiums and fields, and custom engineering, training, consulting, flight, and geographic information systems data services. It serves public safety, agriculture, industrial inspections, and mapping and surveying markets. Draganfly Inc. was founded in 1998 and is headquartered in Saskatoon, Canada.
About Evolv Technologies
Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics. The company was founded in 2013 and is headquartered in Waltham, Massachusetts.