Dragonfly Energy (DFLI) to Release Earnings on Monday

Dragonfly Energy (NASDAQ:DFLI) is expected to announce its earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of ($1.35) per share for the quarter. Dragonfly Energy has set its Q1 2025 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI) last released its quarterly earnings results on Monday, March 24th. The company reported ($1.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.35) by $0.34. Dragonfly Energy had a negative return on equity of 251.32% and a negative net margin of 56.80%. The firm had revenue of $12.21 million for the quarter, compared to the consensus estimate of $13.71 million. On average, analysts expect Dragonfly Energy to post $-6 EPS for the current fiscal year and $-5 EPS for the next fiscal year.

Dragonfly Energy Price Performance

Shares of NASDAQ DFLI opened at $0.67 on Monday. The stock has a market cap of $5.10 million, a P/E ratio of -0.17 and a beta of -0.45. Dragonfly Energy has a twelve month low of $0.62 and a twelve month high of $13.14. The stock has a 50 day moving average of $1.47 and a two-hundred day moving average of $3.00. The company has a current ratio of 0.80, a quick ratio of 0.31 and a debt-to-equity ratio of 0.01.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Alliance Global Partners downgraded shares of Dragonfly Energy from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $9.00 to $1.50 in a research report on Tuesday, March 25th. Industrial Alliance Securities set a $1.50 price target on Dragonfly Energy in a research report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.93.

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.