Dragonfly Energy

Dragonfly Energy shares advanced 5.3% intraday to $2.000, driven by the release of an investor presentation outlining its deep-cycle lithium battery strategy and path to profitability, along with progress on its solid-state battery patent portfolio including a recent Japan patent and a US manufacturing process allowance. The stock oscillated between $1.920 and $1.960 in pre-market before opening at $1.935 and rallying steadily to the $2.00 mark. On the earnings front, Q1 FY2026 revenue of $9.704M fell 27.34% YoY, while net loss narrowed to $7.72M from $8.93M a year earlier. EPS of -$0.6389 improved dramatically from Q4's -$14.9155, and operating loss of $5.727M shrank 3.16% YoY. The stock remains 61.17% below its 52-week high of $5.15 and is down 48.32% YTD, though still 1231% above the 52-week low of $0.1502 and trading above its MA20 ($1.887) but below the MA60 ($1.981).