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

The article reports on the movement of 12 industrial stocks in Tuesday's pre-market session. Sidus Space, 1847 Holdings, Freight Technologies, AERWINS Technologies, AerSale, and Shapeways Holdings were the gainers, while Dragonfly Energy Hldgs, SOS, ESS Tech, Agrify, Karat Packaging, and TOMI Environmental Solns were the losers.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 1:06 pm

ProMIS Neurosciences shares surged 32.9% in pre-market trading after announcing a $20.4 million private placement financing at $1.88 per unit. Other pre-market gainers include Axcella Health, G Medical Innovations Holdings, Freight Technologies, and Hallmark Financial Services. On the other hand, Tingo Group, MediaCo Holding, China SXT Pharmaceuticals, Dragonfly Energy Holdings, and SOS Limited were among the pre-market losers.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 12:31 pm

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) reported a Q2 FY23 sales decline of 10.6% YoY to $19.27 million, missing the analyst consensus of $20.80 million. The company's gross profit for Q2 dropped 41.7% to $4.1 million, and the net loss for the quarter expanded to $(11.7) million from $(1.5) million last year. The company's Q3 outlook is also weak, with expected revenue of $16 million - $20 million, significantly lower than the consensus estimate of $36.35 million.

Portfolio Pulse from Shivani Kumaresan

August 22, 2023 | 11:16 am

Several industrial stocks experienced significant movement in Monday's after-market session. Freight Technologies, Hyzon Motors, Ocean Power Techs, Shapeways Holdings, Matrix Service, and Shyft Group saw gains, while Dragonfly Energy Hldgs, SOS, ESGL Holdings, Clarivate, FiscalNote Holdings, and Xos experienced declines.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:31 pm

Dragonfly Energy Holdings (DFLI) expects Q3 earnings per share (EPS) to be between $(0.27) and $(0.21), lower than the estimated $(0.07). The company also forecasts revenue to be between $16M and $20M, which is significantly less than the estimated $36.35M.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 8:18 pm

Dragonfly Energy Hldgs (NASDAQ:DFLI) reported Q2 losses of $(0.25) per share, missing the analyst consensus estimate of $(0.19) by 31.58 percent. The company also reported quarterly sales of $19.30 million, missing the analyst consensus estimate of $20.80 million by 7.21 percent.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 8:15 pm

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) has partnered with the Florida RV Trade Association (FRVTA) to conduct a training seminar on the safe installation of lithium-ion battery systems for RVs. The seminar was attended by professional RV dealers and installers, and a recording will be released publicly on Dragonfly Energy's Battle Born Academy website. The company believes that education is a cornerstone to the lithium battery industry, ensuring safe and proper installation and comprehensive knowledge across the industry.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:38 am

The article lists potential short squeeze stocks to watch, including Toro Corp, Bullfrog AI Holdings, Tupperware, and Blue Apron among others. High short interest and steep borrowing costs are common traits that could lead to a short squeeze. Toro Corp tops the leaderboard with 41.7% of the float short and a borrowing cost of 24.0%. Other notable mentions include Apollomics, Healthcare Triangle Inc, Greenidge Generation Holdings, Dragonfly Energy Holdings Corp, Getty Images Holdings, JOANN Inc, and Tupperware Brands Corp.

Portfolio Pulse from Chris Katje

July 31, 2023 | 2:02 pm

The article lists five industrials sector stocks that are considered overbought, indicating a potential opportunity to short these companies. The stocks include Markforged Holding Corporation (MKFG), Fathom Digital Manufacturing Corporation (FATH), Dragonfly Energy Holdings Corp. (DFLI), Toro Corp. (TORO), and The L.S. Starrett Company (SCX). All these companies have a Relative Strength Index (RSI) value above 70, which typically indicates overbought conditions.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 12:27 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Tupperware Brands Corporation (TUP), Vinco Ventures (BBIG), and Spark Networks (LOV) were among the top gainers, while AppHarvest (APPH), Kodiak Sciences (KOD), and BioCardia (BCDA) were among the top losers. Ryanair Holdings (RYAAY) shares fell by 8.3% after the company reported quarterly results.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 6:54 pm

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