Dragonfly Energy (DFLI) Stock Price, News & Analysis

Company Overview

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.

Key Stats

• Today's Range: $2.82 to $3.37
• 50-Day Range: $3.08 to $5.60
• 52-Week Range: $2.82 to $13.14
• Volume: 86,965 shs
• Average Volume: 64,961 shs
• Market Capitalization: $20.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.66
• Consensus Rating: Buy

Dragonfly Energy Stock Analysis - MarketRank™

Dragonfly Energy scored higher than 60% of companies evaluated by MarketBeat, and ranked 334th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Dragonfly Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Dragonfly Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Dragonfly Energy are expected to grow in the coming year, from ($6.48) to ($4.86) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dragonfly Energy is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dragonfly Energy is -0.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Dragonfly Energy has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.92% of the float of Dragonfly Energy has been sold short.

Short Interest Ratio / Days to Cover

Dragonfly Energy has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dragonfly Energy has recently increased by 53.10%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Dragonfly Energy does not currently pay a dividend.

Dividend Growth

Dragonfly Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.92% of the float of Dragonfly Energy has been sold short.

Short Interest Ratio / Days to Cover

Dragonfly Energy has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dragonfly Energy has recently increased by 53.10%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.75

News Sentiment

Dragonfly Energy has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Dragonfly Energy this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for DFLI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dragonfly Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

26.89% of the stock of Dragonfly Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 8.19% of the stock of Dragonfly Energy is held by institutions.

DFLI Stock Analysis - Frequently Asked Questions

How have DFLI shares performed this year?

Dragonfly Energy's stock was trading at $4.8762 on January 1st, 2024. Since then, DFLI shares have decreased by 40.3% and is now trading at $2.91.
View the best growth stocks for 2024 here.

How were Dragonfly Energy's earnings last quarter?

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) released its quarterly earnings data on Tuesday, May, 14th. The company reported ($1.53) EPS for the quarter, missing the consensus estimate of ($1.44) by $0.09. The company had revenue of $12.51 million for the quarter, compared to analysts' expectations of $12.11 million. Dragonfly Energy had a negative trailing twelve-month return on equity of 251.32% and a negative net margin of 56.80%.

When did Dragonfly Energy's stock split?

Shares of Dragonfly Energy reverse split on Friday, November 22nd 2024. The 1-9 reverse split was announced on Tuesday, November 19th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 21st 2024. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.

How do I buy shares of Dragonfly Energy?

Shares of DFLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dragonfly Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dragonfly Energy investors own include AT&T (T), Energy Transfer (ET), Baker Hughes (BKR), Lithium Americas (LAC), Enovix (ENVX), Green Plains (GPRE) and Enterprise Products Partners (EPD).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:DFLI
• CUSIP: N/A
• CIK: 1847986
• Web: dragonflyenergy.com
• Phone: 775-622-3448
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.66
• High Stock Price Target: $27.00
• Low Stock Price Target: $10.80
• Potential Upside/Downside: +438.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-13,820,000.00
• Net Margins: -56.80%
• Pretax Margin: -56.24%
• Return on Equity: -251.32%
• Return on Assets: -38.32%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 0.80
• Quick Ratio: 0.31

Sales & Book Value

• Annual Sales: $48.87 million
• Price / Sales: 0.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.22 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 7,014,000
• Free Float: 5,128,000
• Market Cap: $20.41 million
• Optionable: Optionable
• Beta: -0.87