Dragonfly EnergyDFLI
About: Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development. The company's deep cycle lithium iron phosphate ("LFP") batteries provide numerous advantages compared to incumbent products, such as lead-acid batteries. LFP batteries are non-toxic and environmentally friendly, do not rely on scarce or controversial metals, and are a highly cost-effective storage solution.
Employees: 156
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
329% more call options, than puts
Call options by funds: $120K | Put options by funds: $28K
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2.29% less ownership
Funds ownership: 6.46% [Q2] → 4.17% (-2.29%) [Q3]
27% less funds holding
Funds holding: 62 [Q2] → 45 (-17) [Q3]
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
58% less capital invested
Capital invested by funds: $3.3M [Q2] → $1.38M (-$1.92M) [Q3]
74% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 23
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Canaccord Genuity George Gianarikas 52% 1-year accuracy 25 / 48 met price target | 261%upside $11.25 | Buy Maintained | 15 Nov 2024 |