Streetbeat News

DFLI

Dragonfly Energy Holdings Corp.

Industry

Electrical Equipment & Parts

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company is headquartered in Reno, Nevada.

Open

0.53

Mkt cap

31M

Volume

360K

High

0.53

P/E Ratio

-0.96

52-wk high

1.46

Low

0.48

Div yield

N/A

52-wk low

0.42

Shares of AMC Entertainment Holdings surged 41% in pre-market trading after a Delaware judge denied the company from converting its AMC preferred equity units into common stock. Other notable pre-market movers include ZyVersa Therapeutics, POSCO Holdings, and Akumin Inc. on the gainers' side, and Contango Ore, AppHarvest, and ViewRay on the losers' side.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 12:16 pm

During Friday's intraday session, several industrials stocks experienced significant movements. Guardforce AI Co (GFAI), Dragonfly Energy Hldgs (DFLI), Matson (MATX), Hyzon Motors (HYZN), Azul (AZUL), and Asia Pacific Wire & Cable (APWC) saw their shares rise, with GFAI leading the gainers with a 32.3% increase. On the other hand, Knightscope (KSCP), Shengfeng Development (SFWL), Microvast Holdings (MVST), Alta Equipment Group (ALTG), FiscalNote Holdings (NOTE), and Markforged Holding (MKFG) saw their shares fall, with KSCP leading the losers with a 16.0% decrease.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 5:31 pm

Chardan Research analyst Brian Dobson reiterated a Buy rating on Dragonfly Energy Holdings Corp (NASDAQ:DFLI) with a price target of $10. Dragonfly Energy has completed the pilot phase of a domestic production line for lithium-ion batteries, capable of producing 150 MWh of LiFePO4 battery cells per annum at 70 percent efficiency. The company's flexibility to construct solidstate batteries in the future and eligibility for government grants and subsidies are seen as positives. The company's technology is expected to disrupt legacy RV, maritime, and off-the-grid markets.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 6:08 pm

During Wednesday's pre-market session, several industrials stocks experienced significant movement. Gainers included Sentage Hldgs (SNTG), Freight Technologies (FRGT), Sarcos Technology (STRC), Dragonfly Energy Hldgs (DFLI), VCI Global (VCIG), and Xos (XOS). Losers included Aqua Metals (AQMS), Joby Aviation (JOBY), Ault Alliance (AULT), Jayud Global Logistics (JYD), Eve Holding (EVEX), and AERWINS Technologies (AWIN).

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 1:06 pm

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has completed its U.S. lithium battery cell pilot line and started manufacturing anode using its patented process. The pilot line can produce up to 150 MWh of domestically manufactured LiFePO4 battery cells per year at 70% efficiency. Full cells are expected to be produced by the end of 2023. DFLI shares are trading lower by 0.52% at $1.92 premarket on Wednesday.

Portfolio Pulse from Akanksha Bakshi

July 19, 2023 | 11:00 am

Dragonfly Energy has completed its US lithium battery cell pilot line and has begun using its pilot line to dry deposit working anode at a level sufficient to support large-scale production.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:00 am

Dragonfly Energy is set to receive another patent for its deep-cycle battery design. The company's innovative technology could potentially revolutionize the energy storage industry.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 1:04 pm

Benzinga's Stock Whisper Index highlights five stocks that warrant attention. This week's stocks include Rivian Automotive (RIVN), which saw a 70% rise in shares due to strong Q2 production and delivery numbers; Recursion Pharmaceuticals (RXRX), which announced a $50 million investment by Nvidia Corporation (NVDA); Dragonfly Energy Holdings Corp (DFLI), which saw a small rally after announcing that nuCamp RV will use its products as standard equipment; Petros Pharmaceuticals (PTPI), which recently announced a $15 million private placement; and PainReform (PRFX), which saw a 40% rise in shares year-to-date.

Portfolio Pulse from Chris Katje

July 14, 2023 | 2:17 pm

Chardan Capital analyst Brian Dobson has reiterated a 'Buy' rating on Dragonfly Energy Hldgs (NASDAQ:DFLI) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:03 pm

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) shares are rising after the announcement that it will be awarded a new U.S. patent for the design of the assembly case of its GC3 12V 270Ah LiFePO4 deep cycle battery. The company believes this design provides more flexible solutions and increased energy density compared to traditional battery form factors. The patent will add to the company's portfolio of more than 55 issued patents and pending applications.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 2:08 pm

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