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

0.55

Mkt cap

33M

Volume

249K

High

0.55

P/E Ratio

-1.03

52-wk high

1.46

Low

0.51

Div yield

N/A

52-wk low

0.42

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

During Monday's intraday session, several industrial stocks experienced significant movement. Markforged Holding (MKFG), Knightscope (KSCP), Fathom Digital Mfg (FATH), L S Starrett (SCX), Dragonfly Energy Hldgs (DFLI), and Momentus (MNTS) saw their stocks rise, while Guardforce AI Co (GFAI), Freightos (CRGO), Performant Finl (PFMT), Safe & Green Holdings (SGBX), Ryanair Holdings (RYAAY), and AERWINS Technologies (AWIN) experienced declines.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:31 pm

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

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