Shareholders might have noticed that Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) filed its first-quarter result this time last week. The early response was not positive, with shares down 7.5% to US$1.85 in the past week. The results don't look great, especially considering that statutory losses grew 23% toUS$0.64 per share. Revenues of US$9.7m did beat expectations by 2.7%, but it looks like a bit of a cold comfort. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Taking into account the latest results, the current consensus from Dragonfly Energy Holdings' dual analysts is for revenues of US$60.0m in 2026. This would reflect a meaningful 9.2% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 77% to US$1.35. Before this earnings announcement, the analysts had been modelling revenues of US$57.4m and losses of US$1.75 per share in 2026. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a considerable decrease in loss per share in particular.

The consensus price target fell 78%, to US$4.13, suggesting that the analysts remain pessimistic on the company, despite the improved earnings and revenue outlook.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. One thing stands out from these estimates, which is that Dragonfly Energy Holdings is forecast to grow faster in the future than it has in the past, with revenues expected to display 12% annualised growth until the end of 2026. If achieved, this would be a much better result than the 15% annual decline over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 14% per year. So while Dragonfly Energy Holdings' revenues are expected to improve, it seems that it is expected to grow at about the same rate as the overall industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Dragonfly Energy Holdings will grow in line with the overall industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Dragonfly Energy Holdings going out as far as 2028, and you can see them free on our platform here.

Even so, be aware that Dragonfly Energy Holdings is showing 4 warning signs in our investment analysis , and 2 of those shouldn't be ignored...

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.