Dragonfly Energy (DFLI) to Release Earnings on Tuesday

Dragonfly Energy (NASDAQ:DFLI - Get Free Report) is set to announce its earnings results after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. Dragonfly Energy has set its Q1 2024 guidance at -0.170--0.130 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI - Get Free Report) last announced its earnings results on Monday, April 15th. The company reported $0.05 EPS for the quarter. The company had revenue of $10.44 million during the quarter. Dragonfly Energy had a negative return on equity of 110.79% and a negative net margin of 21.46%. On average, analysts expect Dragonfly Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Dragonfly Energy Stock Up 19.1 %

NASDAQ:DFLI traded up $0.19 on Tuesday, reaching $1.16. 1,016,394 shares of the company's stock were exchanged, compared to its average volume of 688,948. The business has a fifty day moving average of $0.62 and a 200-day moving average of $0.60. Dragonfly Energy has a 52-week low of $0.43 and a 52-week high of $5.13. The firm has a market capitalization of $69.91 million, a price-to-earnings ratio of -4.30 and a beta of -0.84.

Wall Street Analysts Forecast Growth

DFLI has been the topic of a number of recent research reports. Roth Capital reaffirmed a "buy" rating on shares of Dragonfly Energy in a research report on Tuesday, April 16th. Roth Mkm reaffirmed a "buy" rating and issued a $0.90 price target on shares of Dragonfly Energy in a research report on Tuesday, April 16th. Finally, Chardan Capital reissued a "buy" rating and set a $3.00 price objective on shares of Dragonfly Energy in a research report on Tuesday, April 16th.

Dragonfly Energy Company Profile

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.