Dragonfly Energy Holdings Corp. (DFLI)

NASDAQ: DFLI · IEX Real-Time Price · USD
1.120
+0.110 (10.89%)
At close: May 17, 2024, 4:00 PM
1.112
-0.008 (-0.71%)
Pre-market: May 20, 2024, 8:17 AM EDT
10.89%
Market Cap 67.77M
Revenue (ttm) 58.11M
Net Income (ttm) -29.08M
Shares Out 60.51M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 940,792
Open 1.030
Previous Close 1.010
Day's Range 1.010 - 1.160
52-Week Range 0.425 - 4.450
Beta -0.83
Analysts Strong Buy
Price Target 1.58 (+41.07%)
Earnings Date May 14, 2024

About DFLI

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... [Read more]

Sector Industrials
Founded 2020
Employees 150
Stock Exchange NASDAQ
Ticker Symbol DFLI
Full Company Profile

Financial Performance

In 2023, DFLI's revenue was $64.39 million, a decrease of -25.34% compared to the previous year's $86.25 million. Losses were -$13.82 million, -65.45% less than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DFLI stock is "Strong Buy." The 12-month stock price forecast is $1.58, which is an increase of 41.07% from the latest price.

Price Target
$1.58
(41.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Dragonfly Energy's CEO, Dr. Denis Phares, is Featured in an Interview with SmallCapsDaily

President & CEO, Dr. Denis Phares, Dives into the Company's Revolutionary Battery Technology and Sustainable Growth Strategy New York, New York--(Newsfile Corp. - May 16, 2024) - Dragonfly Energy Hold...

4 days ago - Newsfile Corp

CORRECTION – Dragonfly Energy Reports First Quarter 2024 Financial and Operational Results

Please see the updated press release below, which includes previously omitted tables reconciling non-GAAP financial measures. Dragonfly Energy has continued its expansion into the trucking industry, t...

5 days ago - GlobeNewsWire

Dragonfly Energy Reports First Quarter 2024 Financial and Operational Results

RENO, Nev., May 14, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy stor...

5 days ago - GlobeNewsWire

Dragonfly Energy Partners with the National Forest Foundation to Plant Trees in Honor of Earth Day

RENO, Nev., April 30, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Bor...

20 days ago - GlobeNewsWire

Dragonfly Energy to Report First Quarter 2024 Financial and Operational Results on May 14, 2024

RENO, Nev., April 29, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy st...

21 days ago - GlobeNewsWire

Dragonfly Energy Reports Fourth Quarter 2023 and Full Year Financial Results

Successful diversification of revenue underway, with launch in Q4 2023 of all-electric auxiliary power units (“APU”) to the trucking industry; Enables compliance with increasing anti-idling regulation...

4 weeks ago - GlobeNewsWire

Dragonfly Energy's Domestic Battery Manufacturing Validated for Cost Effectiveness and Sustainability

Cost & Sustainability Assessment demonstrates Dragonfly Energy's battery manufacturing process more cost-effective and sustainable vs li-ion alternatives.

5 weeks ago - GlobeNewsWire

Dragonfly Energy to Report Fourth Quarter and Year End 2023 Financial and Operational Results on April 15, 2024

RENO, Nev., April 09, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries® and an industry leader in energy st...

5 weeks ago - GlobeNewsWire

Velociti and Dragonfly Energy Deliver an Immediate Return on Investment with Lithium Power Systems

NEW ORLEANS, March 04, 2024 (GLOBE NEWSWIRE) -- Velociti Inc., a global provider of technology deployment, maintenance and integration solutions, and Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“D...

2 months ago - GlobeNewsWire

Dragonfly Energy Expands Market Share with RV Giant Forest River

Dragonfly Energy Battle Born Batteries now standard equipment on all new OGV Luxury Coach units; third Forest River brand to include as standard or OEM.

3 months ago - GlobeNewsWire

Dragonfly Energy Is Expanding Into Remote Industrial Applications With Its Patented And Trusted Products

RENO, NV / ACCESSWIRE / December 28, 2023 / If you've ever been driving across the country, you may have come across some remote industrial applications like a grey box with a panel on the side of a f...

5 months ago - Accesswire

Dragonfly Energy Partners with Connexa, Fueling Industrial Solar Power System Applications

Dragonfly Energy partners with Connexa, supplying lithium batteries to power Connexa's industrial solar power systems This relationship signifies another significant opportunity for Dragonfly Energy t...

5 months ago - GlobeNewsWire

Dragonfly Energy Partners with Ameresco Inc. to Boost Renewable Energy and Power System Applications

Dragonfly Energy to supply batteries to be included in industrial solar applications by Ameresco, Inc. that will be available as part of the build-in Ameresco stationary energy storage applications ac...

5 months ago - GlobeNewsWire

Amid Recent News About Lithium-Ion Battery Fires, Is There A Need For More Stringent Product Testing In The Industry? One Company May Have Answers

RENO, NV / ACCESSWIRE / December 5, 2023 / In recent years, there has been a concerning and increasing number of lithium-ion battery fires, posing a significant threat to communities. In November , a ...

5 months ago - Accesswire

Dragonfly Energy Reports Third Quarter 2023 Financial and Operational Results

Dragonfly Energy reports 3Q results. Executing on plan, expanding revenue opportunities, and bringing new products to market & enabling new applications.

6 months ago - GlobeNewsWire

Dragonfly Energy Is On Its Way To Producing Fully American-Made Lithium Batteries, Reducing Reliance On Overseas Manufacturers

RENO, NV / ACCESSWIRE / November 2, 2023 / The need for domestic cell manufacturing is becoming increasingly important for American production to be more feasible and cost-effective. Domestic lithium-...

7 months ago - Accesswire

Dragonfly Energy to Provide Lithium Power Upgrade to Coachmen RV's Entourage Class C Motorhome

Coachmen RV is adding a high-powered upgrade option to its 2024 Entourage model with the inclusion of the “Gamechanger 3.0” lithium-ion Battle Born Batteries TM , a product of Dragonfly Energy The par...

7 months ago - GlobeNewsWire

Dragonfly Energy to Report Third Quarter 2023 Earnings on November 13, 2023

RENO, Nev., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lith...

7 months ago - GlobeNewsWire

Long-Haul Trucks Are Getting An Electric Upgrade With Dragonfly Energy's (NASDAQ:DFLI) Latest Initiative

RENO, NV / ACCESSWIRE / October 16, 2023 / The trucking industry has long been a major contributor to carbon emissions and air pollution, with the vast majority of trucks still running on diesel fuel....

7 months ago - Accesswire

Dragonfly Energy Enters the Heavy-Duty Trucking Market with New All-Electric APU to Reduce Fuel Costs and Emissions

Dragonfly Energy announces new auxiliary storage solutions for heavy-duty trucks with Battle Born All-Electric APU, reducing emissions and fuel costs.

7 months ago - GlobeNewsWire

Dragonfly Energy Achieves Key Milestone with Successful Cathode Electrode Dry Deposition at Scale for American Lithium Batteries

Dragonfly Energy has successfully dry deposited LiFePO4 cathode electrodes at scale using the Company's patented battery manufacturing processes This achievement marks the last major technological hur...

8 months ago - GlobeNewsWire

Dragonfly Energy Represents Battery Manufacturing Industry during Nevada Trade Mission to Canada

RENO, Nev., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), a Nevada-based leader in lithium-ion battery technology, today annou...

8 months ago - GlobeNewsWire

Nevada Is The Next Big Frontier For Lithium-Ion Batteries And U.S. Energy Independence

RENO, NV / ACCESSWIRE / September 29, 2023 / The development of a strong battery sector in the United States is crucial for the country to become more energy-independent, especially as renewable energ...

8 months ago - Accesswire

Dragonfly Energy CEO Leads the Lithium Battery Technology Conversation at the Move America 2023 Conference

RENO, Nev., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries™ and an industry leader in energy st...

8 months ago - GlobeNewsWire

Dragonfly Energy Becomes First Nevada Company to Join Battery Materials and Technology Coalition

RENO, Nev., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batte...

8 months ago - GlobeNewsWire