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

1.11

Mkt cap

8.5M

Volume

83K

High

1.18

P/E Ratio

-0.31

52-wk high

13.14

Low

1.05

Div yield

N/A

52-wk low

1.05

During Tuesday's intraday session, several industrial stocks experienced significant movements. Ultralife, Matrix Service, Laser Photonics, ESS Tech, 1847 Holdings, and Broadwind saw their shares rise by 22.4%, 19.56%, 16.34%, 15.61%, 15.38%, and 13.11% respectively. On the other hand, SOS, Orbital Infr Gr, Dragonfly Energy Hldgs, Ault Alliance, Greenwave Tech Solns, and CEA Industries saw their shares fall by 32.6%, 16.93%, 16.92%, 12.25%, 10.55%, and 10.25% respectively.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 5:31 pm

US stocks traded mixed with the Dow Jones falling over 100 points while the NASDAQ and S&P 500 rose. Existing-home sales in the US fell 2.2% from a month ago. Fulcrum Therapeutics, Fabrinet, and Sidus Space saw their shares rise after positive news. Republic First Bancorp, DICK'S Sporting Goods, and Dragonfly Energy Holdings saw their shares drop due to negative news.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 4:36 pm

Canaccord Genuity analyst George Gianarikas has maintained a 'Buy' rating on Dragonfly Energy Hldgs (NASDAQ:DFLI) but lowered the price target from $9 to $4.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:18 pm

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

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