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Upturn AI SWOT - About
Chardan NexTech Acquisition 2 Corp (DFLI)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: DFLI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $2.25
1 Year Target Price $2.25
| 1 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -71.31% | Avg. Invested days 20 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.50M USD | Price to earnings Ratio - | 1Y Target Price 2.25 |
Price to earnings Ratio - | 1Y Target Price 2.25 | ||
Volume (30-day avg) 2 | Beta -0.53 | 52 Weeks Range 0.15 - 8.37 | Updated Date 06/29/2025 |
52 Weeks Range 0.15 - 8.37 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -5.29 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -71.94% | Operating Margin (TTM) -44.28% |
Management Effectiveness
Return on Assets (TTM) -19.85% | Return on Equity (TTM) -1460.48% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 57229380 | Price to Sales(TTM) 0.03 |
Enterprise Value 57229380 | Price to Sales(TTM) 0.03 | ||
Enterprise Value to Revenue 1.11 | Enterprise Value to EBITDA 48.26 | Shares Outstanding 9363140 | Shares Floating 5279877 |
Shares Outstanding 9363140 | Shares Floating 5279877 | ||
Percent Insiders 33.92 | Percent Institutions 9.65 |
Analyst Ratings
Rating 2 | Target Price 2.25 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Chardan NexTech Acquisition 2 Corp
Company Overview
History and Background
Chardan NexTech Acquisition 2 Corp. (Nasdaq: CNTQ) was a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was founded in 2020.
Core Business Areas
- SPAC: CNTQ was a blank check company; its core business was identifying and merging with a target company. Its focus was on technology companies.
Leadership and Structure
As a SPAC, CNTQ had a management team and board of directors focused on identifying and executing a merger. Exact details of the team depended on the stage of its lifecycle before its eventual merger.
Top Products and Market Share
Key Offerings
- SPAC IPO: The initial public offering of CNTQ itself was its key offering, providing capital for a future acquisition. CNTQ did not have products or revenue generating lines. Competitors in this space would be other SPACs, such as (AGC), (DWAC) or (GGPI)
Market Dynamics
Industry Overview
The SPAC market has experienced periods of high activity followed by corrections. Regulatory scrutiny and investor sentiment significantly impact SPAC activity.
Positioning
CNTQ's positioning depended on its target acquisition. Before a merger, its position was as a vehicle for investors seeking exposure to a specific sector or investment thesis.
Total Addressable Market (TAM)
The TAM of any target company was dependent on the merged entity's market. As a SPAC, CNTQ does not have a specific TAM
Upturn SWOT Analysis
Strengths
- Experienced management team (pre-merger)
- Capital raised through IPO
- Flexibility to pursue various acquisition targets
Weaknesses
- Dependence on identifying a suitable acquisition target
- Potential for shareholder dilution
- Regulatory risks
- Market Risk
Opportunities
- Acquisition of a high-growth technology company
- Capitalizing on market trends in specific sectors
- Potential for post-merger growth
Threats
- Inability to find a suitable acquisition target
- Increased competition from other SPACs
- Changes in regulatory environment
- Market downturns
Competitors and Market Share
Key Competitors
- TPGY
- FMIV
- OPES
Competitive Landscape
The SPAC landscape is competitive, with numerous SPACs seeking attractive acquisition targets. The success of a SPAC depends on management's ability to identify a high-quality target and negotiate favorable terms.
Growth Trajectory and Initiatives
Historical Growth: Growth trajectory depended on the target company's performance post-merger.
Future Projections: Future projections depended on the target company's business plan and market conditions post-merger.
Recent Initiatives: Recent initiatives involved management's efforts to identify and evaluate potential acquisition targets. The company merged with Enphys and is now Jupiter Power (JUP)
Summary
Chardan NexTech Acquisition 2 Corp was a SPAC created to merge with a technology company. The company merged with Enphys and is now Jupiter Power (JUP). As a SPAC, its strength lay in its initial capital and management team's expertise. Its weakness was its dependence on finding a suitable target. Success depended on the performance of the post-merger entity.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings
- Company press releases
- Financial news sources
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. The information provided is for informational purposes only and should not be considered a recommendation to buy or sell any securities. The company has already merged, so much of the data may be outdated.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chardan NexTech Acquisition 2 Corp
Exchange NASDAQ | Headquaters Reno, NV, United States | ||
IPO Launch date 2022-10-07 | Founder, Chairman of the Board, President, CEO & Interim CFO Dr. Denis Phares | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 139 | Website https://dragonflyenergy.com |
Full time employees 139 | Website https://dragonflyenergy.com | ||
Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. It operates in two segments, direct-to-consumers and original equipment manufacturers. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems, and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.
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