Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Receives $15.66 Consensus PT from Analysts

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) has received a consensus rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $12.81.

Separately, Alliance Global Partners lowered shares of Dragonfly Energy from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $9.00 to $1.50 in a report on Tuesday.

Dragonfly Energy Stock Performance

Shares of NASDAQ DFLI opened at $1.07 on Tuesday. Dragonfly Energy has a 1-year low of $1.05 and a 1-year high of $13.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.80 and a quick ratio of 0.31. The business’s 50 day moving average is $1.89 and its two-hundred day moving average is $3.37. The stock has a market capitalization of $7.76 million, a P/E ratio of -0.26 and a beta of -0.76.

Dragonfly Energy (NASDAQ:DFLI) last released its quarterly earnings results on Monday, March 24th. The company reported ($1.01) earnings per share for the quarter, beating the consensus estimate of ($1.35) by $0.34. The company had revenue of $12.21 million for the quarter, compared to analyst estimates of $13.71 million. Dragonfly Energy had a negative return on equity of 251.32% and a negative net margin of 56.80%. As a group, research analysts expect that Dragonfly Energy will post -6.48 EPS for the current year.

Dragonfly Energy Company Profile

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.