Professional
Added to YB: 2025-01-16
Pitch date: 2025-01-15
PARRO.PA [bullish]
Parrot S.A.
-5.07%
current return
Author Info
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Company Info
Parrot S.A. provides professional drones and software and services in France and internationally. The company also offers Open Flight, an open-source core of FreeFlight 7 app for ANAFI Ai; Air SDK, a development software kit for autonomous drones; Ground SDK, a ground control station framework for mobile device; Developer Forum, an open-source development platform; and Sphinx, a 3D photorealistic drone simulation tool.
Market Cap
EUR 143.4M
Pitch Price
EUR 4.54
Price Target
N/A
Dividend
N/A
Sector
Communications Equipment
Category
growth
Pernas Research Starter Position Initiated On: Parrot S.A.
PARRO.PA: Drone pioneer pivoting to enterprise/gov contracts. 40% YoY growth, $80M rev (40% USA). Nearing profitability post-restructuring. Clean balance sheet. Well-positioned for AI/UAV growth trend. Defensible market, high barriers. Starter position initiated at €4.75, €143M mkt cap.
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