
DFLI Stock Forecast & Price Target
DFLI Analyst Ratings
Bulls say
Dragonfly Energy Holdings Corp is positioned for robust growth as it continues to capture market share in the RV segment, even amid current cyclical downturns, with expectations for growth to accelerate toward 2024. The anticipated improvements in gross margins, driven by the conclusion of a lower-margin legacy deal, further underscore the company's financial resilience and capacity for profitability. Additionally, the favorable regulatory outlook for electric vehicle boats in the marine market is likely to enhance demand for Dragonfly’s non-toxic lithium-ion batteries, thereby bolstering its revenue potential in expanding market sectors.
Bears say
Dragonfly Energy Holdings Corp has been experiencing significant challenges, particularly within its OEM segment, which generated only $3.9 million in revenue after the removal of DFLI batteries from Keystone's standard RV models. The company's 4Q23 revenue of $10.4 million fell short of both management's guidance and market consensus, indicating ongoing operational struggles. Furthermore, several factors, including a prolonged recovery in the recreational vehicle market, difficulties in securing funding for solid-state technology, and potential issues with maintaining customer relationships, could hinder the company's growth prospects and negatively impact its stock performance.
This aggregate rating is based on analysts' research of Dragonfly Energy Holdings Corp and is not a guaranteed prediction by Public.com or investment advice.
DFLI Analyst Forecast & Price Prediction
Start investing in DFLI
Order type
Buy in
Order amount
Est. shares
0 shares