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

Posted by Shane Hupp on Feb 1st, 2025

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Get Free Report) has been assigned a consensus recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $15.66.

Separately, Canaccord Genuity Group cut their price objective on shares of Dragonfly Energy from $13.50 to $11.25 and set a “buy” rating on the stock in a report on Friday, November 15th.

Check Out Our Latest Research Report on Dragonfly Energy

Institutional Trading of Dragonfly Energy

A hedge fund recently bought a new stake in Dragonfly Energy stock. AQR Capital Management LLC acquired a new stake in shares of Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 43,513 shares of the company’s stock, valued at approximately $37,000. AQR Capital Management LLC owned about 0.07% of Dragonfly Energy as of its most recent filing with the SEC. 8.19% of the stock is owned by hedge funds and other institutional investors.

Dragonfly Energy Trading Down 5.2 %

Shares of NASDAQ:DFLI opened at $2.38 on Wednesday. The business’s 50-day moving average is $3.06 and its 200 day moving average is $4.54. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.80 and a quick ratio of 0.31. Dragonfly Energy has a 1 year low of $2.10 and a 1 year high of $13.14. The firm has a market capitalization of $16.68 million, a P/E ratio of -0.59 and a beta of -0.78.

About Dragonfly Energy

(Get Free Report

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.