Symbols / SPAI $5.02 +4.15%
SPAI Chart
About
Safe Pro Group Inc. provides security and protection products in the United States, Europe, Asia, and the Pacific. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis, as well as reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Aerospace & Defense | Market Cap | 105.29M |
| Enterprise Value | 97.91M | Income | -12.27M | Sales | 1.27M |
| Book/sh | 0.45 | Cash/sh | 0.36 | Dividend Yield | — |
| Payout | 0.00% | Employees | 11 | IPO | — |
| P/E | — | Forward P/E | — | PEG | — |
| P/S | 83.11 | P/B | 11.21 | P/C | — |
| EV/EBITDA | -8.81 | EV/Sales | 77.29 | Quick Ratio | 6.89 |
| Current Ratio | 7.60 | Debt/Eq | 2.62 | LT Debt/Eq | — |
| EPS (ttm) | -0.75 | EPS next Y | — | EPS Growth | — |
| Revenue Growth | -69.30% | Earnings | 2025-11-14 16:00 | ROA | -95.07% |
| ROE | -193.70% | ROIC | — | Gross Margin | 47.09% |
| Oper. Margin | -41.49% | Profit Margin | 0.00% | Shs Outstand | 20.97M |
| Shs Float | 12.41M | Short Float | 6.03% | Short Ratio | 1.61 |
| Short Interest | — | 52W High | 9.16 | 52W Low | 1.47 |
| Beta | — | Avg Volume | 432.28K | Volume | 231.37K |
| Target Price | $10.67 | Recom | None | Prev Close | $4.82 |
| Price | $5.02 | Change | 4.15% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$10.67
Mean price target
2. Current target
$5.02
Latest analyst target
3. DCF / Fair value
$-0.35
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.02
Low
$9.00
High
$13.00
Mean
$10.67
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-11-18 | init | Lake Street | — → Buy | $9 |
| 2025-09-09 | init | Northland Capital Markets | — → Outperform | $13 |
| 2025-07-17 | init | Litchfield Hills | — → Buy | $8 |
- SPAI stock jumps 8% pre-market – what’s the update on the US government subcontract? - MSN Sun, 15 Mar 2026 21
- Short Interest in Safe Pro Group Inc. (NASDAQ:SPAI) Rises By 38.8% - MarketBeat Sat, 14 Mar 2026 16
- Inside the $1B Army TiC 2.0 test of Safe Pro’s AI at the tactical edge - Stock Titan Wed, 25 Feb 2026 08
- Retail investors who hold 50% of Safe Pro Group Inc. (NASDAQ:SPAI) gained 37%, insiders profited as well - Yahoo Finance Sun, 11 Jan 2026 08
- Safe Pro Group: This AI Defense Stock Could Explode Or Collapse (NASDAQ:SPAI) - Seeking Alpha Wed, 21 Jan 2026 08
- SPAI Stock Price and Chart — NASDAQ:SPAI - TradingView Wed, 30 Jul 2025 07
- Safe Pro Group Inc.'s (NASDAQ:SPAI) stock price dropped 26% last week; individual investors would not be happy - simplywall.st hu, 05 Feb 2026 08
- Safe Pro Stock Surged Over 15% Today – What Are The Factors In Play? - Stocktwits hu, 18 Dec 2025 15
- Safe Pro Group (NASDAQ: SPAI) Completes $1M AI Edge System Delivery to U.S. Government in 15 Days - The Globe and Mail Mon, 02 Mar 2026 08
- SPAI SEC Filings - Safe Pro Group Inc. 10-K, 10-Q, 8-K Forms - Stock Titan Wed, 04 Mar 2026 21
- Safe Pro Group Inc. (NASDAQ:SPAI) Given Average Rating of "Moderate Buy" by Brokerages - MarketBeat Wed, 04 Mar 2026 08
- Safe Pro Group (SPAI): Assessing Valuation After AI Drone Breakthroughs and New Industry Partnerships - Yahoo Finance ue, 21 Oct 2025 07
- Evaluating Safe Pro Group (SPAI): Valuation Insights Following New AI Detection Milestones and Industry Partnerships - simplywall.st hu, 23 Oct 2025 07
- Safe Pro rushes $1M AI systems to U.S. government in 15 days - Stock Titan Mon, 02 Mar 2026 08
- Safe Pro Group Inc. (NASDAQ:SPAI) Short Interest Update - MarketBeat Mon, 02 Mar 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 9000 | — | — | Stock Gift at price 0.00 per share. | ERDBERG DANIYEL | Chief Executive Officer | — | 2026-03-06 00:00:00 | D |
| 1 | 24000 | — | — | Stock Gift at price 0.00 per share. | ERDBERG DANIYEL | Chief Executive Officer | — | 2025-12-23 00:00:00 | D |
| 2 | 40000 | — | — | Stock Award(Grant) at price 0.00 per share. | CARLISE THERESA | Chief Financial Officer | — | 2025-08-22 00:00:00 | D |
| 3 | 25000 | — | — | Stock Award(Grant) at price 0.00 per share. | MILLER JOHN EDWARD | Director | — | 2025-08-22 00:00:00 | D |
| 4 | 25000 | — | — | Stock Award(Grant) at price 0.00 per share. | DEAN ARTHUR T. | Director | — | 2025-08-22 00:00:00 | D |
| 5 | 25000 | — | — | Stock Award(Grant) at price 0.00 per share. | VAN ARSDALE LEE | Director | — | 2025-08-22 00:00:00 | D |
| 6 | 400000 | — | — | Stock Award(Grant) at price 0.00 per share. | ERDBERG DANIYEL | Chief Executive Officer | — | 2025-02-28 00:00:00 | D |
| 7 | 200000 | — | — | Stock Gift at price 0.00 per share. | ERDBERG DANIYEL | Chief Executive Officer | — | 2024-11-25 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -6.78M | -6.07M | -397.44K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -7.43M | -6.31M | -507.64K |
| ReconciledDepreciation | 341.08K | 239.01K | 105.36K |
| ReconciledCostOfRevenue | 1.19M | 549.79K | 602.59K |
| EBITDA | -6.78M | -6.07M | -397.44K |
| EBIT | -7.12M | -6.31M | -502.80K |
| NetInterestIncome | -276.46K | -7.72K | -4.80K |
| InterestExpense | 306.52K | 8.23K | 4.84K |
| InterestIncome | 30.06K | 508.00 | 44.00 |
| NormalizedIncome | -7.43M | -6.31M | -507.64K |
| NetIncomeFromContinuingAndDiscontinuedOperation | -7.43M | -6.31M | -507.64K |
| TotalExpenses | 9.32M | 7.22M | 1.65M |
| TotalOperatingIncomeAsReported | -7.15M | -6.31M | -502.84K |
| DilutedAverageShares | 10.61M | 13.68M | 13.68M |
| BasicAverageShares | 10.61M | 13.68M | 13.68M |
| DilutedEPS | -0.70 | -0.46 | -0.04 |
| BasicEPS | -0.70 | -0.46 | -0.04 |
| DilutedNIAvailtoComStockholders | -7.43M | -6.31M | -507.64K |
| NetIncomeCommonStockholders | -7.43M | -6.31M | -507.64K |
| NetIncome | -7.43M | -6.31M | -507.64K |
| NetIncomeIncludingNoncontrollingInterests | -7.43M | -6.31M | -507.64K |
| NetIncomeContinuousOperations | -7.43M | -6.31M | -507.64K |
| PretaxIncome | -7.43M | -6.31M | -507.64K |
| NetNonOperatingInterestIncomeExpense | -276.46K | -7.72K | -4.80K |
| InterestExpenseNonOperating | 306.52K | 8.23K | 4.84K |
| InterestIncomeNonOperating | 30.06K | 508.00 | 44.00 |
| OperatingIncome | -7.15M | -6.31M | -502.84K |
| OperatingExpense | 8.06M | 6.62M | 1.02M |
| DepreciationAmortizationDepletionIncomeStatement | 272.70K | 182.16K | 75.88K |
| DepreciationAndAmortizationInIncomeStatement | 272.70K | 182.16K | 75.88K |
| ResearchAndDevelopment | 90.37K | 373.65K | 0.00 |
| SellingGeneralAndAdministration | 7.70M | 6.06M | 945.50K |
| SellingAndMarketingExpense | 1.25M | 449.87K | 180.17K |
| GeneralAndAdministrativeExpense | 7.70M | 6.06M | 945.50K |
| OtherGandA | 3.42M | 3.76M | 518.14K |
| SalariesAndWages | 4.28M | 2.30M | 427.36K |
| GrossProfit | 906.15K | 311.08K | 518.54K |
| CostOfRevenue | 1.26M | 606.64K | 632.07K |
| TotalRevenue | 2.17M | 917.72K | 1.15M |
| OperatingRevenue | 2.17M | 917.72K | 1.15M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| OrdinarySharesNumber | 14.53M | 13.68M | 13.68M |
| ShareIssued | 14.53M | 13.68M | 13.68M |
| TotalDebt | 244.71K | 649.43K | 368.17K |
| TangibleBookValue | 2.10M | 103.57K | 1.27M |
| InvestedCapital | 4.02M | 2.27M | 2.73M |
| WorkingCapital | 1.86M | -142.82K | 1.00M |
| NetTangibleAssets | 2.10M | 104.20K | 1.27M |
| CapitalLeaseObligations | 98.71K | 159.63K | 222.17K |
| CommonStockEquity | 3.87M | 1.78M | 2.58M |
| PreferredStockEquity | 628.00 | 628.00 | |
| TotalCapitalization | 4.02M | 1.92M | 2.73M |
| TotalEquityGrossMinorityInterest | 3.87M | 1.78M | 2.58M |
| StockholdersEquity | 3.87M | 1.78M | 2.58M |
| RetainedEarnings | -14.25M | -6.82M | -507.64K |
| AdditionalPaidInCapital | 18.12M | 8.60M | 3.09M |
| CapitalStock | 1.45K | 1.50K | 1.38K |
| CommonStock | 1.45K | 873.00 | 751.00 |
| PreferredStock | 0.00 | 628.00 | 628.00 |
| TotalLiabilitiesNetMinorityInterest | 1.08M | 1.65M | 1.66M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 181.59K | 237.11K | 305.63K |
| LongTermDebtAndCapitalLeaseObligation | 181.59K | 237.11K | 305.63K |
| LongTermCapitalLeaseObligation | 35.59K | 91.11K | 159.63K |
| LongTermDebt | 146.00K | 146.00K | 146.00K |
| CurrentLiabilities | 893.93K | 1.42M | 1.35M |
| CurrentDeferredLiabilities | 83.77K | 84.67K | 43.98K |
| CurrentDeferredRevenue | 83.77K | 84.67K | 43.98K |
| CurrentDebtAndCapitalLeaseObligation | 63.12K | 412.32K | 62.54K |
| CurrentCapitalLeaseObligation | 63.12K | 68.52K | 62.54K |
| CurrentDebt | 343.80K | ||
| OtherCurrentBorrowings | 343.80K | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 115.34K | 203.45K | 134.41K |
| PayablesAndAccruedExpenses | 631.70K | 716.29K | 1.11M |
| CurrentAccruedExpenses | 90.26K | 141.66K | 159.68K |
| Payables | 541.43K | 574.63K | 951.69K |
| DuetoRelatedPartiesCurrent | 421.62K | 405.55K | 900.65K |
| AccountsPayable | 119.81K | 169.08K | 51.04K |
| TotalAssets | 4.95M | 3.43M | 4.24M |
| TotalNonCurrentAssets | 2.20M | 2.16M | 1.88M |
| NonCurrentPrepaidAssets | 9.80K | 9.80K | 9.80K |
| GoodwillAndOtherIntangibleAssets | 1.77M | 1.67M | 1.31M |
| OtherIntangibleAssets | 1.09M | 987.29K | 622.60K |
| Goodwill | 684.87K | 684.87K | 684.87K |
| NetPPE | 416.50K | 474.33K | 566.65K |
| AccumulatedDepreciation | -353.36K | -181.40K | -58.91K |
| GrossPPE | 769.86K | 655.73K | 625.56K |
| OtherProperties | 455.43K | 401.63K | 372.88K |
| MachineryFurnitureEquipment | 36.91K | 7.33K | 5.91K |
| BuildingsAndImprovements | 277.51K | 246.77K | 246.77K |
| Properties | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 2.75M | 1.27M | 2.35M |
| OtherCurrentAssets | 313.66K | 48.05K | 136.10K |
| Inventory | 342.06K | 359.16K | 364.24K |
| InventoriesAdjustmentsAllowances | 0.00 | 0.00 | 0.00 |
| FinishedGoods | 22.17K | 11.89K | 46.29K |
| WorkInProcess | 60.23K | 93.53K | 110.67K |
| RawMaterials | 259.66K | 253.74K | 207.28K |
| Receivables | 123.69K | 163.33K | 102.18K |
| AccountsReceivable | 123.69K | 163.33K | 102.18K |
| AllowanceForDoubtfulAccountsReceivable | 0.00 | 0.00 | 0.00 |
| GrossAccountsReceivable | 123.69K | 163.33K | 102.18K |
| CashCashEquivalentsAndShortTermInvestments | 1.97M | 703.37K | 1.75M |
| CashAndCashEquivalents | 1.97M | 703.37K | 1.75M |
| CashFinancial | 1.97M | 703.37K | 1.75M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| FreeCashFlow | -4.53M | -2.03M | 1.05M |
| RepaymentOfDebt | -236.50K | 0.00 | |
| IssuanceOfDebt | 511.50K | 475.00K | 50.00K |
| IssuanceOfCapitalStock | 4.67M | 1.01M | 1.18M |
| CapitalExpenditure | -436.39K | -30.17K | -26.34K |
| InterestPaidSupplementalData | 93.31K | 5.03K | 0.00 |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 |
| EndCashPosition | 1.97M | 703.37K | 1.75M |
| BeginningCashPosition | 703.37K | 1.75M | 0.00 |
| ChangesInCash | 1.27M | -1.05M | 1.75M |
| FinancingCashFlow | 5.80M | 985.15K | 503.61K |
| CashFlowFromContinuingFinancingActivities | 5.80M | 985.15K | 503.61K |
| NetOtherFinancingCharges | -23.04K | -495.10K | -721.89K |
| ProceedsFromStockOptionExercised | 878.71K | 0.00 | |
| NetCommonStockIssuance | 4.67M | 1.01M | 1.18M |
| CommonStockIssuance | 4.67M | 1.01M | 1.18M |
| NetIssuancePaymentsOfDebt | 275.00K | 475.00K | 50.00K |
| NetShortTermDebtIssuance | 475.00K | 50.00K | |
| ShortTermDebtIssuance | 475.00K | 50.00K | |
| NetLongTermDebtIssuance | 275.00K | 475.00K | |
| LongTermDebtPayments | -236.50K | 0.00 | |
| LongTermDebtIssuance | 511.50K | 475.00K | |
| InvestingCashFlow | -436.39K | -30.17K | 169.56K |
| CashFlowFromContinuingInvestingActivities | -436.39K | -30.17K | 169.56K |
| NetBusinessPurchaseAndSale | 0.00 | 195.90K | |
| SaleOfBusiness | 0.00 | 195.90K | |
| NetIntangiblesPurchaseAndSale | -372.59K | 0.00 | |
| PurchaseOfIntangibles | -372.59K | 0.00 | |
| NetPPEPurchaseAndSale | -63.80K | -30.17K | -26.34K |
| PurchaseOfPPE | -63.80K | -30.17K | -26.34K |
| OperatingCashFlow | -4.10M | -2.00M | 1.08M |
| CashFlowFromContinuingOperatingActivities | -4.10M | -2.00M | 1.08M |
| ChangeInWorkingCapital | -300.90K | 241.73K | 1.26M |
| ChangeInOtherWorkingCapital | -902.00 | 40.69K | 43.98K |
| ChangeInPayablesAndAccruedExpense | -91.13K | 169.06K | -155.73K |
| ChangeInAccruedExpense | -41.86K | 51.02K | -111.59K |
| ChangeInPayable | -49.27K | 118.04K | -44.14K |
| ChangeInAccountPayable | -49.27K | 118.04K | -44.14K |
| ChangeInPrepaidAssets | -265.61K | 88.05K | 105.45K |
| ChangeInInventory | 17.10K | 5.08K | -297.10K |
| ChangeInReceivables | 39.64K | -61.15K | 1.56M |
| ChangesInAccountReceivables | 39.64K | -61.15K | 1.56M |
| OtherNonCashItems | 198.86K | 213.33K | 224.57K |
| StockBasedCompensation | 2.85M | 3.62M | 0.00 |
| DepreciationAmortizationDepletion | 341.08K | 239.01K | 105.36K |
| DepreciationAndAmortization | 341.08K | 239.01K | 105.36K |
| AmortizationCashFlow | 271.24K | 180.93K | 75.40K |
| AmortizationOfIntangibles | 271.24K | 180.93K | 75.40K |
| Depreciation | 69.85K | 58.08K | 29.96K |
| OperatingGainsLosses | 241.34K | ||
| GainLossOnInvestmentSecurities | 241.34K | ||
| NetIncomeFromContinuingOperations | -7.43M | -6.31M | -507.64K |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SPAI
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|