Dragonfly Energy (DFLI)

• Market cap: $2.84M
• 1 day: -9.55%
• 5 days: -24.01%
• 1 month: -32.02%
• 3 months: -72.44%
• 6 months: -90.52%
• Year to date: -90.55%
• 1 year: -96.27%
• 5 years: -99.66%
• 10 years: -99.66%
• Sector: Industrials
• Industry: Electrical Equipment & Parts

About: Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development. The company's deep cycle lithium iron phosphate ("LFP") batteries provide numerous advantages compared to incumbent products, such as lead-acid batteries. LFP batteries are non-toxic and environmentally friendly, do not rely on scarce or controversial metals, and are a highly cost-effective storage solution.

Employees: 141

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

25% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 4

5% more funds holding

Funds holding: 20 [Q4 2024] → 21 (+1) [Q1 2025]

0.71% more ownership

Funds ownership: 3.27% [Q4 2024] → 3.98% (+0.71%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

54% less capital invested

Capital invested by funds: $637K [Q4 2024] → $290K (-$347K) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $1.50 395% upside
• Avg. target: $1.50 395% upside
• High target: $1.50 395% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Canaccord Genuity George Gianarikas

395% upside $1.50

Buy Maintained

16 May 2025