Dragonfly Energy targets positive adjusted EBITDA by Q4 2025 with 17% revenue growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2025
0mins
Should l Buy DFLI?
Source: SeekingAlpha
Management Updates: Dragonfly Energy successfully restructured its debt, launched a corporate optimization program to enhance operational efficiency, and reported a 17% revenue increase driven by OEM sales. CEO Denis Phares expressed confidence in achieving positive adjusted EBITDA by Q4 2025.
Financial Performance and Outlook: The company faced challenges with DTC sales due to macroeconomic pressures, while gross margins decreased amid rising material costs. Analysts remain cautiously optimistic about future growth, particularly in the trucking sector, despite concerns regarding profitability timelines and market dynamics.
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Analyst Views on DFLI
Wall Street analysts forecast DFLI stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.290
Low
1.50
Averages
1.88
High
2.25
Current: 2.290
Low
1.50
Averages
1.88
High
2.25
About DFLI
Dragonfly Energy Holdings Corp. is a lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. It offers several lines of batteries across its two brands, namely Battle Born Batteries and Wakespeed. Through its Battle Born Batteries brand, the Company provides battery packs through original equipment manufacturers (OEMs) and a diverse retail customer base. In domestic lithium battery cell production, its dry electrode manufacturing process offers chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. Battle Born Batteries branded products are sold to direct-to-consumers (DTC), while the Dragonfly Energy brand is primarily sold to OEMs. To supplement its battery offerings, the Company is also a reseller of accessories for battery systems. These include chargers, inverters, monitors, controllers, and other system accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dragonfly Energy Wins Sustainable Innovation and Product Awards
- Sustainable Innovation Award: Dragonfly Energy received the Sustainable Innovation Award at the 2026 SEAL Business Sustainability Awards, recognizing its groundbreaking contributions to reducing diesel engine idling in long-haul trucking, showcasing the company's leadership in environmental sustainability.
- Product Award Recognition: The Battle Born® DualFlow Power Pack was awarded the Sustainable Product Award, demonstrating its capability to significantly reduce CO₂ emissions by 10-12 metric tons per vehicle annually in real-world applications, driving the industry towards a low-carbon transition.
- Technological Advantage: The system enables truck drivers to power essential hotel loads during mandatory rest periods, achieving nearly 70% idle-hour reductions, enhancing fleet operational efficiency while lowering maintenance demands and improving driver comfort.
- Broad Market Prospects: Dragonfly Energy's innovation not only strengthens its market competitiveness but also lays the groundwork for future battery technology advancements, illustrating the company's long-term strategic vision in the clean energy sector.
See More
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- Stock Price Reaction: Following the disappointing delivery results, Xpeng's stock dropped 5.6% in pre-market trading to $16.97, reflecting concerns about the company's future performance among investors.
- Overall Market Trend: U.S. stock futures were lower, with Dow futures falling around 100 points, indicating a cautious market sentiment that could further impact investor attitudes towards Xpeng.
- Industry Impact: The delivery figures from Xpeng may negatively affect overall confidence in the electric vehicle market, especially in an increasingly competitive landscape, prompting investors to reassess their strategies.
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- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
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Dragonfly Energy Implements 1-for-10 Reverse Stock Split
Reverse Stock Split Announcement: Dragonfly Energy Holdings Corp. will implement a 1-for-10 reverse stock split effective December 18, 2025.
Reason for the Split: CEO Denis Phares stated that the reverse split is a technical step to maintain compliance with Nasdaq and to prepare for the company's growth phase.
Current Stock Performance: The company's shares closed at $0.7101, reflecting a decline of 10.47% in the latest trading session.
Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
See More
Dragonfly Energy reveals 1-for-10 reverse stock split plan
Reverse Stock Split Announcement: Dragonfly Energy (DFLI) will execute a 1-for-10 reverse stock split effective December 18, consolidating approximately 120.8 million shares into about 12.1 million shares.
Trading and Compliance: Post-split, shares will continue trading on the Nasdaq under the symbol DFLI, with the reverse split aimed at maintaining compliance with Nasdaq listing requirements.
See More
Dragonfly Energy Launches 3000W and 5000W Portable Power Stations
- Product Innovation: Dragonfly Energy has launched the Battle Born® Power Station series, featuring 3000W and 5000W portable power stations designed to meet the high demands of professional and off-grid applications, significantly expanding the company's product portfolio.
- Performance Advantage: The Battle Born Power Station 3000 delivers 2.5 kWh of LiFePO₄ energy storage to support tools and equipment, while the 5000W Pro version offers 5.1 kWh storage and high-capacity solar charging capabilities for more intensive commercial needs.
- Market Positioning: The new products are engineered for harsh environments, providing quiet, emissions-free power that reduces reliance on fuel-powered generators, which is expected to significantly lower operational costs and enhance user return on investment.
- Pre-Sale and Marketing: Both models are now available for pre-order with special Black Friday pricing, targeting initial shipments in Q1 2026, further strengthening the company's competitive position in the renewable energy market.
See More
Dragonfly Energy Wins Sustainable Innovation and Product Awards
- Sustainable Innovation Award: Dragonfly Energy received the Sustainable Innovation Award at the 2026 SEAL Business Sustainability Awards, recognizing its groundbreaking contributions to reducing diesel engine idling in long-haul trucking, showcasing the company's leadership in environmental sustainability.
- Product Award Recognition: The Battle Born® DualFlow Power Pack was awarded the Sustainable Product Award, demonstrating its capability to significantly reduce CO₂ emissions by 10-12 metric tons per vehicle annually in real-world applications, driving the industry towards a low-carbon transition.
- Technological Advantage: The system enables truck drivers to power essential hotel loads during mandatory rest periods, achieving nearly 70% idle-hour reductions, enhancing fleet operational efficiency while lowering maintenance demands and improving driver comfort.
- Broad Market Prospects: Dragonfly Energy's innovation not only strengthens its market competitiveness but also lays the groundwork for future battery technology advancements, illustrating the company's long-term strategic vision in the clean energy sector.
See More
Xpeng Inc Reports Disappointing Delivery Numbers, Stock Drops
- Disappointing Delivery Numbers: Xpeng Inc reported delivering 20,011 vehicles in January 2026, a figure that, while substantial, fell short of market expectations, leading to a decline in investor confidence.
- Stock Price Reaction: Following the disappointing delivery results, Xpeng's stock dropped 5.6% in pre-market trading to $16.97, reflecting concerns about the company's future performance among investors.
- Overall Market Trend: U.S. stock futures were lower, with Dow futures falling around 100 points, indicating a cautious market sentiment that could further impact investor attitudes towards Xpeng.
- Industry Impact: The delivery figures from Xpeng may negatively affect overall confidence in the electric vehicle market, especially in an increasingly competitive landscape, prompting investors to reassess their strategies.
See More
DarkIris Inc Reports 27.3% Revenue Growth, Shares Surge
- Significant Revenue Growth: DarkIris Inc reported a year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24, indicating strong market performance and growth potential.
- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
See More
Dragonfly Energy Implements 1-for-10 Reverse Stock Split
Reverse Stock Split Announcement: Dragonfly Energy Holdings Corp. will implement a 1-for-10 reverse stock split effective December 18, 2025.
Reason for the Split: CEO Denis Phares stated that the reverse split is a technical step to maintain compliance with Nasdaq and to prepare for the company's growth phase.
Current Stock Performance: The company's shares closed at $0.7101, reflecting a decline of 10.47% in the latest trading session.
Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
See More
Dragonfly Energy reveals 1-for-10 reverse stock split plan
Reverse Stock Split Announcement: Dragonfly Energy (DFLI) will execute a 1-for-10 reverse stock split effective December 18, consolidating approximately 120.8 million shares into about 12.1 million shares.
Trading and Compliance: Post-split, shares will continue trading on the Nasdaq under the symbol DFLI, with the reverse split aimed at maintaining compliance with Nasdaq listing requirements.
See More
Dragonfly Energy Launches 3000W and 5000W Portable Power Stations
- Product Innovation: Dragonfly Energy has launched the Battle Born® Power Station series, featuring 3000W and 5000W portable power stations designed to meet the high demands of professional and off-grid applications, significantly expanding the company's product portfolio.
- Performance Advantage: The Battle Born Power Station 3000 delivers 2.5 kWh of LiFePO₄ energy storage to support tools and equipment, while the 5000W Pro version offers 5.1 kWh storage and high-capacity solar charging capabilities for more intensive commercial needs.
- Market Positioning: The new products are engineered for harsh environments, providing quiet, emissions-free power that reduces reliance on fuel-powered generators, which is expected to significantly lower operational costs and enhance user return on investment.
- Pre-Sale and Marketing: Both models are now available for pre-order with special Black Friday pricing, targeting initial shipments in Q1 2026, further strengthening the company's competitive position in the renewable energy market.
See More
