Dragonfly Energy (DFLI) Expected to Announce Quarterly Earnings on Monday

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

Dragonfly Energy (NASDAQ:DFLI) last issued its 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 business had revenue of $12.21 million during 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 Trading Up 0.8 %

Shares of DFLI stock opened at $0.63 on Friday. Dragonfly Energy has a 1-year low of $0.60 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 fifty day moving average price is $1.30 and its 200 day moving average price is $2.86. The firm has a market capitalization of $4.74 million, a PE ratio of -0.15 and a beta of -0.45.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Alliance Global Partners downgraded shares of Dragonfly Energy from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $9.00 to $1.50 in a report on Tuesday, March 25th. Industrial Alliance Securities set a $1.50 price objective on Dragonfly Energy in a research note on Tuesday, March 25th.

About Dragonfly Energy

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.