Is DFLI a good stock to buy right now?

Based on our 6-factor quantitative model, Dragonfly Energy Holdings Corp. (DFLI) receives a "Reduce" rating with a composite score of 30.3/100. It is ranked #3,576 out of 4,446 stocks. Key factor scores: Quality 29/100, Value 12/100, Momentum 52/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for DFLI?

Dragonfly Energy Holdings Corp. (DFLI) has a "Reduce" rating and 2-star score. The composite score of 30.3 ranks it #3,576 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is DFLI in?

Dragonfly Energy Holdings Corp. operates in the Industrials sector (Electrical Equipment industry) with a market cap of $21 million. It is classified as a micro-cap stock.

Does DFLI pay a dividend?

DFLI does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is DFLI's P/E ratio?

P/E ratio data is not currently available for DFLI, which may indicate the company is not yet profitable.

How profitable is DFLI?

DFLI's quality factor score is 29/100. Gross margin: 27.5%. ROE: -274.8% vs sector average 8.9%. Margins are moderate to low, reflecting competitive market dynamics.

How is DFLI valued compared to peers?

DFLI's value factor score is 12/100 (higher = cheaper). Key multiples: . Trading at a premium relative to peers.

What is DFLI's debt level?

DFLI's debt-to-equity ratio is 168%. Sector average: 70%. Elevated leverage increases credit risk.

DFLI has a beta of 2.54, meaning it amplifies market moves. Stability score: 6/100.

Does DFLI have high short interest?

DFLI's short interest factor score is 35/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

DFLI Stock Analysis: Top Micro-Cap Reduce (Score 30.3/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
DFLI	+3.11%	+6.99%	-25.47%	-35.18%	+211.86%	-	-	-
Industry Proxy XLU	-0.40%	+1.34%	+0.86%	+10.00%	-37.72%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+3.17%	+3.39%	-25.80%	-34.82%	+182.34%	-	-	-
Alpha vs Sector	+3.51%	+5.65%	-26.33%	-45.18%	+249.58%	-	-	-

Metric	DFLI	Benchmark
P/E Ratio	-0.7x	-103%
EV/EBITDA	—	—
Price / Book	2.0x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
STNG Scorpio Tankers Inc.	64	43	96	73	-	93.3%	63.1%	53.8%	-	30.0x	$3.8B	VS
TNK TEEKAY TANKERS LTD.	62	50	97	71	6.3x	91.9%	67.0%	32.8%	-	0.0x	$2.5B	VS
TEN TSAKOS ENERGY NAVIGATION LTD	61	50	86	75	7.8x	42.1%	97.8%	22.6%	-	103.0x	$1.2B	VS
HAFN Hafnia Ltd	60	42	79	77	-	439.1%	48.5%	27.0%	-	0.0x	$3.8B	VS
TPH Tri Pointe Homes, Inc.	57	50	67	66	13.6x	8.8%	47.5%	7.9%	-26.0%	50.0x	$4.0B	VS
GLDD Great Lakes Dredge & Dock CORP	57	50	69	70	16.3x	13.5%	22.2%	8.1%	14.8%	73.0x	$1.1B	VS
SOBO South Bow Corp	57	39	79	66	21.9x	48.4%	82.3%	14.9%	-	219.0x	$6.8B	VS
IMPP Imperial Petroleum Inc./Marshall Islands	54	44	98	58	2.8x	47.7%	100.0%	34.0%	-19.7%	0.0x	$156M	VS
CCO Clear Channel Outdoor Holdings, Inc.	52	48	58	69	59.3x	-	53.4%	-0.3%	7.7%	-	$1.2B	VS
IMXI International Money Express, Inc.	52	50	73	52	11.6x	25.5%	0.0%	6.4%	-9.7%	221.0x	$476M	VS
DFLI Dragonfly Energy Holdings Corp.	30	29	12	52	-	-274.8%	27.5%	-54.2%	20.9%	168.0x	$21M

Key Ratio	TTM	2025	2024	2023	2022	2021
Gross Margin %	0.3%	0.3%	0.2%	0.2%	0.3%	0.4%
Operating Margin %	-0.3%	-0.4%	-0.5%	-0.4%	-0.4%	0.1%
EBITDA Margin %	-0.3%	-0.4%	-0.5%	-0.4%	-0.4%	0.1%
Net Margin %	-0.5%	-1.2%	-0.8%	-0.2%	-0.5%	0.1%
FCF Margin %	-11.3%	-	-	-	-	-21.2%
ROE %	-2.7%	-6.1%	431.9%	-0.5%	-3.5%	0.3%
ROA %	-0.4%	-0.8%	-0.5%	-0.2%	-0.4%	0.1%
ROIC %	-0.5%	-59.3%	-26.6%	-20.9%	-30.7%	17.4%

Key Ratio

TTM

2025

2024

2023

2022

2021

Gross Margin %

0.3%

0.2%

0.3%

0.4%

Operating Margin %

-0.3%

-0.4%

-0.5%

-0.4%

0.1%

EBITDA Margin %

-0.3%

-0.4%

-0.5%

-0.4%

0.1%

Net Margin %

-0.5%

-1.2%

-0.8%

-0.2%

-0.5%

0.1%

FCF Margin %

-11.3%

-21.2%

ROE %

-2.7%

-6.1%

431.9%

-0.5%

-3.5%

0.3%

ROA %

-0.4%

-0.8%

-0.5%

-0.2%

-0.4%

0.1%

ROIC %

-0.5%

-59.3%

-26.6%

-20.9%

-30.7%

17.4%

Line Item	TTM	2025	2024	2023	2022	2021
	$58M	$59M	$51M	$64M	$86M	$78M
	—	$43M	$39M	$49M	$62M	—
	$16M	$16M	$12M	$15M	$24M	$30M
Gross Margin	27.5%	26.7%	23.0%	24.0%	27.8%	38.0%
	—	$3M	$5M	$4M	$3M	$3M
Depreciation	—	—	—	—	—	$823K
Total Operating Expenses	—	$39M	$37M	$43M	$58M	—
	-$19M	-$23M	-$26M	-$27M	-$34M	$6M
EBIT	-$19M	-$23M	-$26M	-$27M	-$34M	$6M
EBITDA	-$19M	-$23M	-$26M	-$27M	-$34M	$7M
Operating Margin	-33.9%	-39.5%	-50.9%	-42.6%	-39.4%	8.3%
EBITDA Margin	-32.6%	-39.5%	-50.9%	-42.6%	-39.4%	9.3%
	—	—	—	$16M	$7M	$519K
	—	-$70M	-$41M	-$14M	-$40M	—
Income Tax Expense	—	—	—	-$26K	-$709K	$2M
	-$32M	-$70M	-$41M	-$14M	-$40M	$4M
Net Margin	-54.2%	-119.3%	-80.2%	-21.5%	-45.9%	5.6%
	$-14.80	$-14.80	$-5.91	$-0.26	$-1.03	$0.12
Diluted EPS	$-14.80	$-14.80	$-5.91	$-0.26	$-1.03	$0.12
Weighted Avg Basic	—	5M	7M	53M	39M	—
Weighted Avg Diluted	—	5M	7M	53M	39M	—

Line Item

TTM

2025

2024

2023

2022

2021

$58M

$59M

$51M

$64M

$86M

$78M

—

$43M

$39M

$49M

$62M

—

$16M

$12M

$15M

$24M

$30M

Gross Margin

27.5%

26.7%

23.0%

24.0%

27.8%

38.0%

—

$3M

$5M

$4M

$3M

Depreciation

—

$823K

Total Operating Expenses

—

$39M

$37M

$43M

$58M

—

-$19M

-$23M

-$26M

-$27M

-$34M

$6M

EBIT

-$19M

-$23M

-$26M

-$27M

-$34M

$6M

EBITDA

-$19M

-$23M

-$26M

-$27M

-$34M

$7M

Operating Margin

-33.9%

-39.5%

-50.9%

-42.6%

-39.4%

8.3%

EBITDA Margin

-32.6%

-39.5%

-50.9%

-42.6%

-39.4%

9.3%

—

$16M

$7M

$519K

—

-$70M

-$41M

-$14M

-$40M

—

Income Tax Expense

—

-$26K

-$709K

$2M

-$32M

-$70M

-$41M

-$14M

-$40M

$4M

Net Margin

-54.2%

-119.3%

-80.2%

-21.5%

-45.9%

5.6%

$-14.80

$-5.91

$-0.26

$-1.03

$0.12

Diluted EPS

$-14.80

$-5.91

$-0.26

$-1.03

$0.12

Weighted Avg Basic

—

53M

39M

—

Weighted Avg Diluted

—

53M

39M

—

Dragonfly Energy Holdings Corp. (DFLI) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Dragonfly Energy Holdings Corp. Do?

Chardan NexTech Acquisition 2 Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is headquartered in New York, New York. Dragonfly Energy Holdings Corp. (DFLI) is classified as a micro-cap stock in the Industrials sector, specifically within the Electrical Equipment industry. The company is led by CEO Denis Phares and employs approximately 180 people. With a market capitalization of $21M, DFLI is one of the notable companies in the Industrials sector.

Dragonfly Energy Holdings Corp. (DFLI) Stock Rating — Reduce (April 2026)

As of April 2026, Dragonfly Energy Holdings Corp. receives a Reduce rating with a composite score of 30.3/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DFLI ranks #3,576 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Dragonfly Energy Holdings Corp. ranks #617 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

DFLI Stock Price and 52-Week Range

Dragonfly Energy Holdings Corp. (DFLI) currently trades at $2.03. The stock gained $0.10 (5.2%) in the most recent trading session. The 52-week high for DFLI is $5.15, which means the stock is currently trading -60.6% from its annual peak. The 52-week low is $0.15, putting the stock 1253.3% above its annual trough. Recent trading volume was 265K shares, suggesting relatively thin trading activity.

Is DFLI Overvalued or Undervalued? — Valuation Analysis

Dragonfly Energy Holdings Corp. (DFLI) carries a value factor score of 12/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 2.00x, versus the sector average of 2.23x. The price-to-sales ratio is 0.40x, compared to 0.50x for the average Industrials stock.

At current multiples, Dragonfly Energy Holdings Corp. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Dragonfly Energy Holdings Corp. Profitability — ROE, Margins, and Quality Score

Dragonfly Energy Holdings Corp. (DFLI) earns a quality factor score of 29/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -274.8%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -36.6% versus the sector average of 3.3%.

On a margin basis, Dragonfly Energy Holdings Corp. reports gross margins of 27.5%, compared to 35.8% for the sector. The operating margin is -33.9% (sector: 6.2%). Net profit margin stands at -54.2%, versus 3.9% for the average Industrials stock. Revenue growth is running at 20.9% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

DFLI Debt, Balance Sheet, and Financial Health

Dragonfly Energy Holdings Corp. has a debt-to-equity ratio of 168.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 2.54x, indicating strong short-term liquidity. Total debt on the balance sheet is $19M. Cash and equivalents stand at $4M.

DFLI has a beta of 2.54, meaning it is more volatile than the broader market — a $10,000 investment in DFLI would be expected to move 154.0% more than the S&P 500 on any given day. The stability factor score for Dragonfly Energy Holdings Corp. is 6/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Dragonfly Energy Holdings Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Dragonfly Energy Holdings Corp. reported revenue of $58M and earnings per share (EPS) of $-14.80. Net income for the quarter was $-32M. Gross margin was 27.5%. Operating income came in at $-19M.

In FY 2025, Dragonfly Energy Holdings Corp. reported revenue of $59M and earnings per share (EPS) of $-14.80. Net income for the quarter was $-70M. Gross margin was 26.7%. Revenue grew 15.8% year-over-year compared to FY 2024. Operating income came in at $-23M.

In Q3 2025, Dragonfly Energy Holdings Corp. reported revenue of $16M and earnings per share (EPS) of $-0.20. Net income for the quarter was $-11M. Gross margin was 29.7%. Revenue grew 25.5% year-over-year compared to Q3 2024. Operating income came in at $-4M.

In Q2 2025, Dragonfly Energy Holdings Corp. reported revenue of $16M and earnings per share (EPS) of $-0.58. Net income for the quarter was $-7M. Gross margin was 28.3%. Revenue grew 23.0% year-over-year compared to Q2 2024. Operating income came in at $-3M.

Over the past 8 quarters, Dragonfly Energy Holdings Corp. has demonstrated a growth trajectory, with revenue expanding from $13M to $58M. Investors analyzing DFLI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

DFLI Dividend Yield and Income Analysis

Dragonfly Energy Holdings Corp. (DFLI) does not currently pay a dividend. This is common among smaller companies in the Electrical Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

DFLI Momentum and Technical Analysis Profile

Dragonfly Energy Holdings Corp. (DFLI) has a momentum factor score of 52/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 35/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

DFLI vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, Dragonfly Energy Holdings Corp. (DFLI) ranks #617 out of 752 stocks based on the Blank Capital composite score. This places DFLI in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing DFLI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DFLI vs S&P 500 (SPY) comparison to assess how Dragonfly Energy Holdings Corp. stacks up against the broader market across all factor dimensions.

DFLI Next Earnings Date

No upcoming earnings date has been announced for Dragonfly Energy Holdings Corp. (DFLI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy DFLI? — Investment Thesis Summary

The quantitative profile for Dragonfly Energy Holdings Corp. suggests caution. The quality score of 29/100 flags below-average profitability. The value score of 12/100 indicates premium valuation. High volatility (stability score 6/100) increases portfolio risk.

In summary, Dragonfly Energy Holdings Corp. (DFLI) earns a Reduce rating with a composite score of 30.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DFLI stock.

Related Resources for DFLI Investors

Explore more research and tools: DFLI vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DFLI head-to-head with peers: DFLI vs SOBO, DFLI vs TEN, DFLI vs GLDD.

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Dragonfly Energy Holdings Corp. (DFLI) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Dragonfly Energy Holdings Corp. Do?

Dragonfly Energy Holdings Corp. (DFLI) Stock Rating — Reduce (April 2026)

DFLI Stock Price and 52-Week Range

Is DFLI Overvalued or Undervalued? — Valuation Analysis

Dragonfly Energy Holdings Corp. Profitability — ROE, Margins, and Quality Score

DFLI Debt, Balance Sheet, and Financial Health

Dragonfly Energy Holdings Corp. Revenue and Earnings History — Quarterly Trend

DFLI Dividend Yield and Income Analysis

DFLI Momentum and Technical Analysis Profile

DFLI vs Competitors — Industrials Sector Ranking and Peer Comparison

DFLI Next Earnings Date

Should You Buy DFLI? — Investment Thesis Summary

Related Resources for DFLI Investors

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