Should I buy or sell Dragonfly Energy stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dragonfly Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DFLI shares. View DFLI analyst ratings or view top-rated stocks .

What is Dragonfly Energy's stock price target for 2024?

4 analysts have issued twelve-month price targets for Dragonfly Energy's shares. Their DFLI share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 939.7% from the stock's current price. View analysts price targets for DFLI or view top-rated stocks among Wall Street analysts .

How have DFLI shares performed in 2023?

Dragonfly Energy's stock was trading at $11.90 at the beginning of 2023. Since then, DFLI shares have decreased by 95.2% and is now trading at $0.5771. View the best growth stocks for 2023 here .

Are investors shorting Dragonfly Energy?

Dragonfly Energy saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,970,000 shares, an increase of 18.8% from the October 31st total of 2,500,000 shares. Based on an average trading volume of 590,900 shares, the days-to-cover ratio is presently 5.0 days. Approximately 12.8% of the company's stock are sold short. View Dragonfly Energy's Short Interest .

When is Dragonfly Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 3rd 2024. View our DFLI earnings forecast .

How were Dragonfly Energy's earnings last quarter?

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) issued its quarterly earnings results on Monday, August, 21st. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.05. The business earned $19.27 million during the quarter, compared to analysts' expectations of $20.90 million. Dragonfly Energy had a negative net margin of 38.41% and a negative trailing twelve-month return on equity of 190.15%.

What guidance has Dragonfly Energy issued on next quarter's earnings?

Dragonfly Energy updated its fourth quarter 2023 earnings guidance on Monday, November, 13th. The company provided earnings per share guidance of -$0.24--$0.15 for the period, compared to the consensus EPS estimate of -$0.19. The company issued revenue guidance of $10.00 million-$14.00 million, compared to the consensus revenue estimate of $18.85 million.

Who are Dragonfly Energy's major shareholders?

Dragonfly Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Northern Trust Corp (0.33%), Koshinski Asset Management Inc. (0.20%), Charles Schwab Investment Management Inc. (0.11%), Simplex Trading LLC (0.00%), KFG Wealth Management LLC (0.05%) and UBS Group AG (0.04%). View institutional ownership trends .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Dragonfly Energy Stock Price, News & Analysis (NASDAQ:DFLI)

$0.58

+0.01 (+1.76%)

(As of 12/1/2023 ET)

Compare

Today's Range: $0.55
▼
$0.62
50-Day Range: $0.53
▼
$1.70
52-Week Range: $0.50
▼
$28.75

Volume: 502,701 shs
Average Volume: 716,120 shs
Market Capitalization: $34.37 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Dragonfly Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 939.7% Upside
$6.00 Price Target
Short Interest: Bearish
12.80% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.73
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.85) to ($0.54) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Computer And Technology Sector

456th out of 599 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

19th out of 28 stocks

3.3

Analyst's Opinion

Consensus Rating
Dragonfly Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Dragonfly Energy has a forecasted upside of 939.7% from its current price of $0.58.
Amount of Analyst Coverage
Dragonfly Energy has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
12.80% 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 5.
Change versus previous month
Short interest in Dragonfly Energy has recently increased by 18.80%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Dragonfly Energy does not currently pay a dividend.
Dividend Growth
Dragonfly Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DFLI.

2.6

News and Social Media Coverage

News Sentiment
Dragonfly Energy has a news sentiment score of 0.73. 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 is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Dragonfly Energy this week, compared to 2 articles on an average week.
Search Interest
15 people have searched for DFLI on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Dragonfly Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

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
28.39% 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 14.25% of the stock of Dragonfly Energy is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Dragonfly Energy are expected to grow in the coming year, from ($0.85) to ($0.54) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dragonfly Energy is -0.98, 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 -0.98, 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 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Dragonfly Energy Stock (NASDAQ:DFLI)

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for recreational vehicles, marine vessels, off-grid installations, and other storage applications. The company also provides lithium power systems, including solar panels, chargers and inverters, system monitoring, alternator regulators, and accessories. It offers its products under the Dragonfly Energy, Battle Born, and Wakespeed brands. The company is headquartered in Reno, Nevada.

DFLI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DFLI Stock News Headlines

November 20, 2023 | finance.yahoo.com

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Q3 2023 Earnings Call Transcript

November 17, 2023 | finance.yahoo.com

Analysts Just Shaved Their Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Forecasts Dramatically

December 3, 2023 | Wealthpress (Ad)

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November 16, 2023 | finance.yahoo.com

The Market Doesn't Like What It Sees From Dragonfly Energy Holdings Corp.'s (NASDAQ:DFLI) Revenues Yet As Shares Tumble 60%

November 14, 2023 | finanznachrichten.de

Dragonfly Energy Holdings Corp.: Dragonfly Energy Reports Third Quarter 2023 Financial and Operational Results

November 13, 2023 | finance.yahoo.com

Dragonfly Energy Reports Third Quarter 2023 Financial and Operational Results

November 1, 2023 | benzinga.com

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

October 25, 2023 | benzinga.com

Leading US Battery Maker Joins Governor Of Nevada On Trade Mission To Canada

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

October 19, 2023 | stockhouse.com

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

October 19, 2023 | finance.yahoo.com

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

October 17, 2023 | finance.yahoo.com

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

October 16, 2023 | finance.yahoo.com

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

October 13, 2023 | benzinga.com

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

October 5, 2023 | msn.com

Dragonfly Energy says on track to produce U.S.-made lithium cells by year-end

October 5, 2023 | finance.yahoo.com

EXCLUSIVE: Dragonfly Energy' Scales New Heights in Lithium Battery Production With Cathode Electrode Dry Deposition

October 5, 2023 | finance.yahoo.com

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

October 3, 2023 | finance.yahoo.com

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

September 29, 2023 | finanznachrichten.de

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

September 21, 2023 | finance.yahoo.com

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

September 14, 2023 | msn.com

Roth MKM Initiates Coverage of Dragonfly Energy Holdings (DFLI) with Buy Recommendation

September 13, 2023 | finance.yahoo.com

Dragonfly Energy's Battle Born Batteries is a Platinum Sponsor of America’s Largest RV Show

September 13, 2023 | finance.yahoo.com

Dragonfly Energy's Battle Born Batteries is a Platinum Sponsor of America’s Largest RV Show

September 6, 2023 | finance.yahoo.com

Dragonfly Energy Leverages Cutting-Edge Lithium Battery Research Instrumentation from Bruker

September 5, 2023 | msn.com

Dragonfly Energy: Quite Risky To Invest Now

August 29, 2023 | finanznachrichten.de

Dragonfly Energy Performs Rigorous, Above-Industry-Standard Testing on Its Battery Products

August 28, 2023 | insidermonkey.com

5 Most Shorted Stocks That Are Loved By Analysts

See More Headlines

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Company Calendar

Last Earnings: 8/21/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/03/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:DFLI
CUSIP: N/A
CIK: 1847986
Web: dragonflyenergy.com
Phone: 775-622-3448
Fax: N/A
Employees: 171
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $10.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +939.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.59)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-39,570,000.00
Net Margins: -38.41%
Pretax Margin: -64.66%
Return on Equity: -190.15%
Return on Assets: -52.10%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.54
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: $86.25 million
Price / Sales: 0.40
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.41 per share
Price / Book: 1.41

Miscellaneous

Outstanding Shares: 59,550,000
Free Float: 42,644,000
Market Cap: $34.37 million
Optionable: Not Optionable
Beta: -0.76

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Key Executives

Dr. Denis Phares (Age 50)
Founder, Chairman of the Board, President, CEO & Interim CFO
Comp: $1.49M
Mr. Tyler Bourns (Age 34)
Chief Marketing Officer
Mr. Wade Seaburg (Age 43)
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DFLI Stock Analysis - Frequently Asked Questions

Should I buy or sell Dragonfly Energy stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dragonfly Energy in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DFLI shares.
View DFLI analyst ratings or view top-rated stocks.
What is Dragonfly Energy's stock price target for 2024?: 4 analysts have issued twelve-month price targets for Dragonfly Energy's shares. Their DFLI share price targets range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 939.7% from the stock's current price.
View analysts price targets for DFLI or view top-rated stocks among Wall Street analysts.
How have DFLI shares performed in 2023?: Dragonfly Energy's stock was trading at $11.90 at the beginning of 2023. Since then, DFLI shares have decreased by 95.2% and is now trading at $0.5771.
View the best growth stocks for 2023 here.
Are investors shorting Dragonfly Energy?: Dragonfly Energy saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,970,000 shares, an increase of 18.8% from the October 31st total of 2,500,000 shares. Based on an average trading volume of 590,900 shares, the days-to-cover ratio is presently 5.0 days. Approximately 12.8% of the company's stock are sold short.
View Dragonfly Energy's Short Interest.
When is Dragonfly Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 3rd 2024.
View our DFLI earnings forecast.

How were Dragonfly Energy's earnings last quarter?: Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) issued its quarterly earnings results on Monday, August, 21st. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.05. The business earned $19.27 million during the quarter, compared to analysts' expectations of $20.90 million. Dragonfly Energy had a negative net margin of 38.41% and a negative trailing twelve-month return on equity of 190.15%.
What guidance has Dragonfly Energy issued on next quarter's earnings?: Dragonfly Energy updated its fourth quarter 2023 earnings guidance on Monday, November, 13th. The company provided earnings per share guidance of -$0.24--$0.15 for the period, compared to the consensus EPS estimate of -$0.19. The company issued revenue guidance of $10.00 million-$14.00 million, compared to the consensus revenue estimate of $18.85 million.
Who are Dragonfly Energy's major shareholders?: Dragonfly Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Northern Trust Corp (0.33%), Koshinski Asset Management Inc. (0.20%), Charles Schwab Investment Management Inc. (0.11%), Simplex Trading LLC (0.00%), KFG Wealth Management LLC (0.05%) and UBS Group AG (0.04%).
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DFLI) was last updated on 12/3/2023 by MarketBeat.com Staff

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