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Dragonfly Energy Holdings Corp ( (DFLI) ) has provided an update.
Dragonfly Energy Holdings Corp announced the issuance of Series B Preferred Stock, which has not been registered under the Securities Act of 1933 but is offered under an exemption. This move could impact the company’s financial structure and stakeholder interests by potentially altering the equity distribution and investment appeal.
The most recent analyst rating on (DFLI) stock is a Hold with a $1.00 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’s overall stock score is primarily impacted by its significant financial challenges, including negative profitability and high leverage. While there are positive signs from recent earnings growth and strategic advancements, the ongoing financial instability and negative valuation metrics weigh heavily on the score. Technical indicators and earnings call insights provide some optimism, but the risks remain substantial.
To see Spark’s full report on DFLI stock, click here.
More about Dragonfly Energy Holdings Corp
Average Trading Volume: 39,992,733
Technical Sentiment Signal: Sell
Current Market Cap: $126.8M
For an in-depth examination of DFLI stock, go to TipRanks’ Overview page.