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Model output · Signal date 2026-10-16

Dragonfly Energy Holdings Corp. (DFLI) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D ▲ Bullish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Top 35% of 5172 stocks scored
Rank correlation · 90D -3.0% Spearman, 357 dates
Market Cap $5M small-cap · #34 of 43 peers
Summary

Dragonfly Energy Holdings Corp. (DFLI) stock forecast summary

Our AI ranks Dragonfly Energy Holdings Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Dragonfly Energy Holdings Corp. is a small-cap company with a market capitalization of $5M. It ranks number 34 by market capitalization among the 43 Miscellaneous Electrical Machinery, Equipment & Supplies issuers in our coverage with a current forecast.

For DFLI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -3.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

DFLI price chart and AI forecast

DFLI
Cross-section · 2026-10-16

How DFLI ranks among 5172 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Dragonfly Energy Holdings Corp. (DFLI) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Miscellaneous Electrical Machinery, Equipment & Supplies peers listed below that report each metric.

Valuation & Market

MetricDFLIIndustry medianRank
Market Cap $5M $110M 34/43
EPS $-14.65 – –
Revenue/Share $27.71 – –
FCF/Share $-15.87 – –

Profitability & Margins

MetricDFLIIndustry medianRank
ROIC -40.8% -25.7% 19/26
Gross Margin 25.4% 26.6% 17/31
Operating Margin -43.6% -51.6% 17/34
EBT Margin -129.5% -55.8% 25/36
Tax Rate 0.1% – –

Financial Health

MetricDFLIIndustry medianRank
Current Ratio 2.34x 1.98x 18/38
Quick Ratio 0.97x 1.01x 19/34
Interest Coverage -4.9x -9.6x 12/32
Working Capital $20M $29M 22/37

Cash Flow

MetricDFLIIndustry medianRank
Operating Cash Flow -$29M -$7M 27/40
Free Cash Flow -$30M -$45M 11/25
Capital Spending -$970K -$17M 2/25
FCF/Sales -57.3% -5.9% 18/22
CapEx/Sales 1.9% 2.2% 14/22

Operational Efficiency

MetricDFLIIndustry medianRank
Asset Turnover 0.74x 0.85x 12/22
Receivables Turnover 14.9x 6.8x 4/24
Inventory Turnover 1.9x 3.1x 23/30
Fixed Assets Turnover 2.5x 6.0x 17/25
Days Sales Outstanding 24 days 44 days 19/24
Days Inventory 192 days 120 days 8/30
Payables Period 74 days 78 days 16/27
Cash Conversion Cycle 142 days 107 days 5/20

Income Statement

MetricDFLIIndustry medianRank
Total Revenue $52M $214M 17/25
Operating Income -$23M -$14M 23/37
R&D Expense $3M $13M 19/29
SG&A Expense $32M $34M 13/24
Cost of Goods Sold $39M $29M 14/31

Dividend & Shareholder Information

MetricDFLIIndustry medianRank
Shares Outstanding 2M – –

Balance Sheet Highlights (USD millions)

Total Current Assets$35M
Cash & Short-term Investments$6M
Accounts Receivable$3M
Inventory$20M
Total Liabilities$47M
Short-term Debt$7M
Quarterly Financial Reports

DFLI quarterly financials and insider trading

Industry Peers · Miscellaneous Electrical Machinery, Equipment & Supplies

Dragonfly Energy Holdings Corp. (DFLI) industry peers

Companies classified under the same SEC industry code as Dragonfly Energy Holdings Corp. (Miscellaneous Electrical Machinery, Equipment & Supplies): 44 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
DFLI Dragonfly Energy Holdings Corp. ▲ $5M – –
CAE Cae Inc ▼ $7.75B – –
ENS Enersys ▼ $6.08B 18.1x 3.1x
NOVT Novanta Inc ▼ $4.87B 78.1x 3.0x
ATKR Atkore Inc. ▼ $3.21B – 2.5x
QS Quantumscape Corp ▲ $2.48B – 2.4x
SPB Spectrum Brands Holdings, Inc. ▶ $1.85B 19.5x 1.1x
ENR Energizer Holdings, Inc. ▼ $1.49B 12.3x 7.3x
AMPX Amprius Technologies, Inc. ▶ $1.13B – 9.0x
EMAT Evolution Metals & Technologies Corp. ▼ $958M – –
FLNC Fluence Energy, Inc. ▶ $830M – 2.2x
ADSE Ads-Tec Energy Public Ltd Co ▲ $745M – –
EOSE Eos Energy Enterprises, Inc. ▶ $663M – –
ENVX Enovix Corp ▲ $546M – 2.6x
NRGV Energy Vault Holdings, Inc. ▲ $516M – 75.0x
FAC Factorial Energy Inc. ▼ $509M – 6.0x
SLDP Solid Power, Inc. ▲ $459M – 0.9x
ELVA Electrovaya Inc. ▼ $256M – –
SES Ses Ai Corp ▲ $239M – 1.3x
MVST Microvast Holdings, Inc. ▶ $199M 2.5x 0.4x
CHPT Chargepoint Holdings, Inc. ▲ $186M – –
NEOV Neovolta Inc. ▲ $129M – 3.3x
BYRN Byrna Technologies Inc. ▶ $110M 26.9x 2.0x
ULBI Ultralife Corp ▲ $100M – 0.8x
WBX Wallbox N.V. ▶ $66M – –
BLNK Blink Charging Co. ▲ $61M – 1.3x
NVX Novonix Ltd ▶ $57M – –
LASE Laser Photonics Corp ▼ $44M – –
STI Solidion Technology Inc. ▼ $37M – 1.7x
PPSI Pioneer Power Solutions, Inc. ▶ $30M – 1.2x
AUSI Aura Systems Inc ▲ $30M 2.5x –
BEEM Beam Global ▶ $20M – 1.0x
AETN Aeternum Health, Inc. ▼ $12M 122.4x –
FLUX Flux Power Holdings, Inc. ▼ $9M – 3.5x
GAUZ Gauzy Ltd. ▼ $4M – 0.2x
XPON Expion Energy, Inc. ▶ $4M – 0.8x
TOGI Turnongreen, Inc. ▲ $4M – –
GWH Ess Tech, Inc. ▼ $3M – –
POLA Polar Power, Inc. ▶ $3M – 3.8x
GWHT Ess Tech, Inc. ▼ $3M – –
CETI Cyber Enviro-Tech, Inc. ▼ $1M – –
NVVE Nuvve Holding Corp. ▼ $970K – –
ADNH Advent Technologies Holdings, Inc. ▼ $10K – –
OZSC Ozop Energy Solutions, Inc. ▼ N/A – –

Where DFLI sits on the market map

Manufacturing · Miscellaneous Electrical Machinery, Equipment & Supplies
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News

Dragonfly Energy Holdings Corp. (DFLI) stock news

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FAQ

Dragonfly Energy Holdings Corp. (DFLI) stock forecast FAQ

What is the Dragonfly Energy Holdings Corp. (DFLI) stock forecast?

Our AI ranks Dragonfly Energy Holdings Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Dragonfly Energy Holdings Corp. stock predictions?

For DFLI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -3.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Dragonfly Energy Holdings Corp. forecasts updated?

Dragonfly Energy Holdings Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Dragonfly Energy Holdings Corp.'s industry peers?

44 issuers in our coverage, DFLI included, share the SEC industry code Miscellaneous Electrical Machinery, Equipment & Supplies. The largest are: Cae Inc (CAE), Enersys (ENS), Novanta Inc (NOVT), Atkore Inc. (ATKR), Quantumscape Corp (QS), Spectrum Brands Holdings, Inc. (SPB).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.