Dragonfly Energy Approves Key Proposals at Annual Meeting

Dragonfly Energy Holdings Corp ( (DFLI) ) has provided an update.

On October 15, 2025, Dragonfly Energy Holdings Corp held its Annual Meeting of Stockholders, where several key proposals were voted on. The stockholders approved an amendment to increase shares under the 2022 Equity Incentive Plan by 9,000,000 and elected two Class C directors. A reverse stock split proposal was also approved, while proposals to increase authorized shares and adjust voting standards were not passed. The appointment of CBIZ CPAs P.C. as the independent auditor for 2025 was ratified.

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

Dragonfly Energy Holdings Corp operates in the energy sector, focusing on the development and production of advanced energy storage solutions, primarily lithium-ion battery technology, which caters to a range of applications including renewable energy systems and electric vehicles.

Average Trading Volume: 46,385,060

Technical Sentiment Signal: Hold

Current Market Cap: $133.1M

See more data about DFLI stock on TipRanks’ Stock Analysis page.