Dragonfly Energy (DFLI) Stock Forecast, Price Target & Predictions


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DFLI Stock Forecast


Dragonfly Energy stock forecast is as follows: an average price target of $1.32 (represents a 127.59% upside from DFLI’s last price of $0.58) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

DFLI Price Target


The average price target for Dragonfly Energy (DFLI) is $1.32 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $1.50 to $1.20. This represents a potential 127.59% upside from DFLI's last price of $0.58.

DFLI Analyst Ratings


Buy

According to 3 Wall Street analysts, Dragonfly Energy's rating consensus is 'Buy'. The analyst rating breakdown for DFLI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Dragonfly Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 15, 2024Jeff GramppIndustrial Alliance Securities$1.25$0.6786.54%115.52%
May 23, 2024Jeff GramppIndustrial Alliance Securities$1.75$0.9780.79%201.72%
May 15, 2024Vincent AndersonStifel Nicolaus$1.20$0.9230.43%106.90%
May 15, 2024George GianarikasCanaccord Genuity$1.50$1.2321.95%158.62%
Jan 11, 2023-Canaccord Genuity$15.00$9.4159.40%2486.21%
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The latest Dragonfly Energy stock forecast, released on Aug 15, 2024 by Jeff Grampp from Industrial Alliance Securities, set a price target of $1.25, which represents a 86.54% increase from the stock price at the time of the forecast ($0.67), and a 115.52% increase from DFLI last price ($0.58).

Dragonfly Energy Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$1.25$1.43
Last Closing Price$0.58$0.58$0.58
Upside/Downside-100.00%115.52%146.55%

In the current month, the average price target of Dragonfly Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dragonfly Energy's last price of $0.58. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024Alliance Global PartnersBuyBuyHold
May 23, 2024Alliance Global Partners-BuyInitialise
May 16, 2024Roth CapitalBuyBuyHold
May 15, 2024Canaccord GenuityBuyBuyHold
Jan 11, 2023Canaccord Genuity-BuyInitialise
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Dragonfly Energy's last stock rating was published by Alliance Global Partners on Aug 15, 2024. The company gave DFLI a "Buy" rating, the same as its previous rate.

Dragonfly Energy Financial Forecast


Dragonfly Energy Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22
Revenue---------$15.89M$19.27M$18.79M$20.21M
Avg Forecast$30.97M$27.72M$23.26M$21.46M$18.34M$14.18M$14.34M$12.12M$12.62M$17.60M$20.10M$18.35M$23.95M
High Forecast$31.34M$28.06M$23.54M$21.72M$18.56M$14.35M$14.51M$12.27M$12.93M$17.81M$20.35M$18.57M$24.24M
Low Forecast$30.64M$27.43M$23.02M$21.23M$18.14M$14.03M$14.19M$11.99M$12.31M$17.41M$19.89M$18.15M$23.69M
# Analysts----121131111
Surprise %---------0.90%0.96%1.02%0.84%

Dragonfly Energy's average Quarter revenue forecast for Dec 23 based on 3 analysts is $12.62M, with a low forecast of $12.31M, and a high forecast of $12.93M. DFLI's average Quarter revenue forecast represents a -20.56% decrease compared to the company's last Quarter revenue of $15.89M (Sep 23).

Dragonfly Energy EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22
# Analysts----121131111
EBITDA---------$-5.90M$-8.39M$-9.52M$-8.00M
Avg Forecast$-2.11M$-1.89M$-1.59M$-1.46M$-1.25M$-966.24K$-976.93K$-825.85K$-860.03K$-1.20M$-1.37M$-1.25M$-1.63M
High Forecast$-2.09M$-1.87M$-1.57M$-1.45M$-1.24M$-956.00K$-966.57K$-817.09K$-839.05K$-1.19M$-1.36M$-1.24M$-1.61M
Low Forecast$-2.14M$-1.91M$-1.60M$-1.48M$-1.26M$-977.85K$-988.67K$-835.77K$-881.00K$-1.21M$-1.39M$-1.27M$-1.65M
Surprise %---------4.92%6.13%7.61%4.90%

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Dragonfly Energy Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22
# Analysts----121131111
Net Income---------$-10.02M$-11.70M$15.79M$-11.65M
Avg Forecast$-5.00M$-5.89M$-6.69M$-7.29M$-8.70M$-11.12M$-9.47M$-9.26M$-8.49M$-12.13M$-11.93M$-13.71M$-11.92M
High Forecast$-4.93M$-5.81M$-6.60M$-7.19M$-8.58M$-10.97M$-9.34M$-9.13M$-5.10M$-11.97M$-11.77M$-13.52M$-11.75M
Low Forecast$-5.08M$-5.98M$-6.79M$-7.40M$-8.83M$-11.30M$-9.62M$-9.41M$-11.33M$-12.32M$-12.12M$-13.92M$-12.11M
Surprise %---------0.83%0.98%-1.15%0.98%

Dragonfly Energy's average Quarter net income forecast for Jun 23 is $-11.93M, with a range of $-12.12M to $-11.77M. DFLI's average Quarter net income forecast represents a -175.60% decrease compared to the company's last Quarter net income of $15.79M (Mar 23).

Dragonfly Energy SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22
# Analysts----121131111
SG&A---------$9.09M$11.42M$13.68M$11.67M
Avg Forecast$11.59M$10.37M$8.70M$8.03M$6.86M$5.31M$5.36M$4.53M$4.72M$6.58M$7.52M$6.86M$8.96M
High Forecast$11.73M$10.50M$8.81M$8.12M$6.94M$5.37M$5.43M$4.59M$4.84M$6.66M$7.61M$6.95M$9.07M
Low Forecast$11.46M$10.26M$8.61M$7.94M$6.79M$5.25M$5.31M$4.49M$4.61M$6.51M$7.44M$6.79M$8.87M
Surprise %---------1.38%1.52%1.99%1.30%

Dragonfly Energy's average Quarter SG&A projection for Dec 23 is $4.72M, based on 3 Wall Street analysts, with a range of $4.61M to $4.84M. The forecast indicates a -48.04% fall compared to DFLI last annual SG&A of $9.09M (Sep 23).

Dragonfly Energy EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22
# Analysts----121131111
EPS---------$-0.17$-0.25$0.35$-0.27
Avg Forecast$-0.08$-0.10$-0.11$-0.12$-0.14$-0.18$-0.16$-0.15$-0.14$-0.20$-0.20$-0.23$-0.20
High Forecast$-0.08$-0.10$-0.11$-0.12$-0.14$-0.18$-0.15$-0.15$-0.08$-0.20$-0.19$-0.22$-0.19
Low Forecast$-0.08$-0.10$-0.11$-0.12$-0.15$-0.19$-0.16$-0.16$-0.19$-0.20$-0.20$-0.23$-0.20
Surprise %---------0.85%1.27%-1.55%1.37%

According to 1 Wall Street analysts, Dragonfly Energy's projected average Quarter EPS for Jun 23 is $-0.20, with a low estimate of $-0.20 and a high estimate of $-0.19. This represents a -156.19% decrease compared to DFLI previous annual EPS of $0.35 (Mar 23).

Dragonfly Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MVSTMicrovast$0.22$8.003536.36%Buy
FREYFREYR Battery$1.01$19.001781.19%Buy
DFLIDragonfly Energy$0.58$1.32127.59%Buy
EOSEEos Energy Enterprises$2.73$6.00119.78%Buy
ENVXEnovix$9.70$21.17118.25%Buy
GWHESS Tech$5.42$1.33-75.46%Buy

DFLI Forecast FAQ


Yes, according to 3 Wall Street analysts, Dragonfly Energy (DFLI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of DFLI's total ratings.

Dragonfly Energy (DFLI) average price target is $1.32 with a range of $1.2 to $1.5, implying a 127.59% from its last price of $0.58. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DFLI stock, the company can go up by 127.59% (from the last price of $0.58 to the average price target of $1.32), up by 158.62% based on the highest stock price target, and up by 106.90% based on the lowest stock price target.

DFLI's average twelve months analyst stock price target of $1.32 supports the claim that Dragonfly Energy can reach $1 in the near future.

Dragonfly Energy's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $58.98M (high $59.69M, low $58.35M), average EBITDA is $-4.019M (high $-3.976M, low $-4.067M), average net income is $-38.553M (high $-38.021M, low $-39.155M), average SG&A $22.07M (high $22.33M, low $21.83M), and average EPS is $-0.635 (high $-0.627, low $-0.645). DFLI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $103.41M (high $104.65M, low $102.32M), average EBITDA is $-7.046M (high $-6.972M, low $-7.131M), average net income is $-24.863M (high $-24.521M, low $-25.252M), average SG&A $38.69M (high $39.16M, low $38.28M), and average EPS is $-0.41 (high $-0.404, low $-0.416).

Based on Dragonfly Energy's last annual report (Dec 2022), the company's revenue was $86.25M, beating the average analysts forecast of $23.95M by 260.15%. Apple's EBITDA was $-12.606M, beating the average prediction of $-1.632M by 672.53%. The company's net income was $-19.111M, beating the average estimation of $-11.919M by 60.34%. Apple's SG&A was $34.78M, beating the average forecast of $8.96M by 288.12%. Lastly, the company's EPS was $-0.5, beating the average prediction of $-0.196 by 154.53%. In terms of the last quarterly report (Sep 2023), Dragonfly Energy's revenue was $15.89M, missing the average analysts' forecast of $17.6M by -9.70%. The company's EBITDA was $-5.901M, beating the average prediction of $-1.199M by 392.17%. Dragonfly Energy's net income was $-10.023M, missing the average estimation of $-12.135M by -17.40%. The company's SG&A was $9.09M, beating the average forecast of $6.58M by 38.04%. Lastly, the company's EPS was $-0.17, missing the average prediction of $-0.2 by -15.00%