8 Best Drone Stocks to Buy According to Analysts

Page 8 of 8

1. ZenaTech, Inc. (NASDAQ:ZENA)

Analyst Upside: 66.67%

Number of Hedge Fund Holders: 1

ZenaTech, Inc. (NASDAQ:ZENA) ranks among the best drone stocks to buy according to analysts. On August 7, ZenaTech, Inc. (NASDAQ:ZENA) made its eighth and largest acquisition in the drone services industry by purchasing Cardinal Civil Resources, a land surveying and engineering company located in Virginia.

The acquisition adds a portfolio of government and commercial clients, including the U.S. Department of Transportation, to ZenaTech’s Drone as a Service (DaaS) operations in Virginia, North Carolina, and South Carolina.

The purchase coincides with possible regulatory reforms for the drone sector. A uniform framework for drone operations would take the place of case-by-case waivers under a rule proposed by U.S. Transportation Secretary Sean Duffy on August 5 to expand Beyond Visual Line of Sight activities.

Vancouver-based IT company ZenaTech, Inc. (NASDAQ:ZENA) specializes in corporate software as a service, drone as a service (DaaS), AI drone systems, and quantum computing. By mid-2026, the company aims to have 25 Drone as a Service locations around the country.

While we acknowledge the potential of ZENA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ZENA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 8 of 8