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An update from Dragonfly Energy Holdings Corp ( (DFLI) ) is now available.
Dragonfly Energy Holdings Corp announced the issuance of Preferred Stock, which, along with any related Common Stock, has not been registered under the Securities Act of 1933. The offering is being made under an exemption provided in Section 4(a)(2) of the Securities Act, indicating a strategic financial maneuver to potentially enhance capital without public registration.
The most recent analyst rating on (DFLI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Dragonfly Energy Holdings Corp stock, see the DFLI Stock Forecast page.
Spark’s Take on DFLI Stock
According to Spark, TipRanks’ AI Analyst, DFLI is a Neutral.
Dragonfly Energy Holdings Corp faces significant financial challenges, with ongoing losses and high leverage being the most impactful factors. While there are positive developments in revenue growth and strategic partnerships, the financial instability and valuation concerns weigh heavily on the overall score.
To see Spark’s full report on DFLI stock, click here.
More about Dragonfly Energy Holdings Corp
Average Trading Volume: 50,358,727
Technical Sentiment Signal: Hold
Current Market Cap: $115.3M
For a thorough assessment of DFLI stock, go to TipRanks’ Stock Analysis page.