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Upturn stock ratingUpturn stock rating
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Chardan NexTech Acquisition 2 Corp (DFLI)

Upturn stock ratingUpturn stock rating
$0.3
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: DFLI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $1

1 Year Target Price $1

Analysts Price Target For last 52 week
$1 Target price
52w Low $0.15
Current$0.3
52w High $5.78

Analysis of Past Performance

Type Stock
Historic Profit -71.31%
Avg. Invested days 20
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 18.75M USD
Price to earnings Ratio -
1Y Target Price 1
Price to earnings Ratio -
1Y Target Price 1
Volume (30-day avg) 2
Beta -0.65
52 Weeks Range 0.15 - 5.78
Updated Date 08/29/2025
52 Weeks Range 0.15 - 5.78
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -3.76

Earnings Date

Report Date 2025-08-14
When -
Estimate -0.05
Actual -0.58

Profitability

Profit Margin -55.84%
Operating Margin (TTM) -20.19%

Management Effectiveness

Return on Assets (TTM) -17.84%
Return on Equity (TTM) -1460.48%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 79865931
Price to Sales(TTM) 0.34
Enterprise Value 79865931
Price to Sales(TTM) 0.34
Enterprise Value to Revenue 1.46
Enterprise Value to EBITDA 48.26
Shares Outstanding 61724600
Shares Floating 54406525
Shares Outstanding 61724600
Shares Floating 54406525
Percent Insiders 5.15
Percent Institutions 7.9

ai summary icon Upturn AI SWOT

Chardan NexTech Acquisition 2 Corp

stock logo

Company Overview

overview logo History and Background

Chardan NexTech Acquisition 2 Corp. is a blank check 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.

business area logo Core Business Areas

  • SPAC: A special purpose acquisition company (SPAC) that exists solely to acquire or merge with an existing company. They have no commercial operations.

leadership logo Leadership and Structure

As a SPAC, leadership typically consists of a management team with experience in investment and deal-making. Structure is relatively simple, designed to facilitate the acquisition process.

Top Products and Market Share

overview logo Key Offerings

  • Acquisition Target: The primary 'product' is the potential acquisition target. Market share is irrelevant until a merger occurs; at that point, the merged entity's market share in its respective industry becomes relevant. Competitors vary based on potential acquisition target.

Market Dynamics

industry overview logo Industry Overview

The SPAC market is dynamic and influenced by regulatory changes, investor sentiment, and the availability of attractive private companies. Increased scrutiny has led to a cooling off period after a boom in 2020-2021.

Positioning

As a SPAC, Chardan NexTech Acquisition 2 Corp's positioning is determined by its ability to identify and successfully merge with a promising private company. This depends on their network, deal-making expertise, and access to capital.

Total Addressable Market (TAM)

TAM is ill-defined until an acquisition is announced and depends on the target company's market. The positioning with respect to TAM is similarly contingent.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Access to Capital via IPO
  • Flexibility in Target Selection

Weaknesses

  • No Existing Business Operations
  • Limited Timeframe to Complete Acquisition
  • Dependence on Market Conditions
  • Potential for Dilution of Shareholder Value

Opportunities

  • Identify High-Growth Target Company
  • Capitalize on Market Dislocation
  • Generate Significant Returns for Investors
  • Attract High-Quality Institutional Investors

Threats

  • Inability to Find Suitable Target
  • Increased Competition from Other SPACs
  • Unfavorable Market Conditions
  • Regulatory Changes
  • Shareholder Redemptions

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

The competitive landscape involves other SPACs seeking acquisition targets, as well as private equity firms and strategic acquirers.

Growth Trajectory and Initiatives

Historical Growth: Growth is non-applicable prior to an acquisition. Focus is on identifying and closing a successful business combination.

Future Projections: Future projections are dependent on the performance of the acquired company. These are speculative before a deal closes.

Recent Initiatives: Focus on identifying and evaluating potential acquisition targets.

Summary

Chardan NexTech Acquisition 2 Corp. is a SPAC seeking a business combination. Its success hinges on identifying and merging with a valuable private company. The current climate for SPACs is challenging, and shareholder returns are dependent on the acquired target's performance. Potential threats include increased competition and regulatory changes.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q, S-1)
  • Company Website
  • Market News and Press Releases

Disclaimers:

Data is based on publicly available information and is subject to change. This analysis is for informational purposes only and does not constitute investment advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 139

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.