Dragonfly Energy Plunges 10.38% on Q4 Earnings

On July 23, 2025, Dragonfly Energy's stock experienced a significant drop of 10.38% in pre-market trading, reflecting a notable shift in investor sentiment.

Dragonfly Energy Holdings Corp. recently reported its Q4 2024 financial results, showcasing a 17% year-over-year increase in net sales to $12.2 million. This growth was primarily driven by a 61% surge in OEM sales, reaching $6.2 million. The company's strategic move to eliminate its Series A Preferred Stock has also enhanced its financial flexibility, removing associated common stock issuance and dividend obligations.

Analysts have provided a positive forecast for Dragonfly Energy's stock, with buy signals from both short and long-term moving averages. Additionally, GuruFocus estimates suggest a significant upside potential for the company, with an estimated GF Value of $8.01 in one year, indicating a potential increase of 4611.76%.