Volatus Aerospace (TSE:FLT) Stock Falls 7.5% – Here’s Why

Posted by Geri Gentry on Oct 16th, 2026

Volatus Aerospace Inc. (TSE:FLT – Get Free Report) traded down 7.5% during mid-day trading on Wednesday. The company traded as low as C$0.49 and last traded at C$0.49. Approximately 2,144,014 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 1,683,603 shares. The stock had previously closed at C$0.53.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Ventum Capital increased their target price on shares of Volatus Aerospace from C$0.95 to C$1.00 and gave the company a “buy” rating in a research report on Thursday. Desjardins upped their price target on Volatus Aerospace from C$0.90 to C$0.95 and gave the stock a “buy” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$0.92.

Read Our Latest Stock Report on FLT

Volatus Aerospace Stock Down 3.8%

The stock’s 50 day moving average is C$0.55 and its 200 day moving average is C$0.64. The company has a market capitalization of C$367.70 million, a PE ratio of -12.50 and a beta of 2.67. The company has a debt-to-equity ratio of 566.20, a quick ratio of 9.02 and a current ratio of 0.71.

Volatus Aerospace (TSE:FLT – Get Free Report) last announced its earnings results on Thursday, August 13th. The aerospace company reported C($0.01) earnings per share for the quarter. The company had revenue of C$8.42 million during the quarter. Volatus Aerospace had a negative net margin of 27.14% and a negative return on equity of 115.14%. On average, sell-side analysts anticipate that Volatus Aerospace Inc. will post -0.01 EPS for the current fiscal year.

Volatus Aerospace Company Profile

(Get Free Report)

Volatus Aerospace Inc provides integrated aerial intelligence, drone logistics and aerospace solutions internationally.

The company offers drone inspection, surveillance, lidar, geomatics, mapping, pipeline monitoring, wildfire support, crewed aviation, drone delivery and training services, as well as remotely piloted aircraft systems and related software platforms. It serves customers in industries including oil and gas, energy and utilities, defense, construction and engineering, infrastructure, mining, agriculture, government, public safety and property development.

The company was formed through the merger of Drone Delivery Canada Corp.