Flux Power Stock Earnings Estimates Boosted by HC Wainwright

Flux Power Holdings, Inc. (NASDAQ:FLUX) – Research analysts at HC Wainwright boosted their Q2 2027 earnings per share estimates for shares of Flux Power in a report released on Wednesday, November 4th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.12) per share for the quarter, up from their previous forecast of ($0.13). The consensus estimate for Flux Power’s current full-year earnings is ($0.42) per share. HC Wainwright also issued estimates for Flux Power’s Q3 2027 earnings at ($0.09) EPS, Q4 2027 earnings at ($0.06) EPS, FY2027 earnings at ($0.42) EPS, FY2028 earnings at ($0.32) EPS, FY2029 earnings at ($0.09) EPS, FY2030 earnings at $0.07 EPS and FY2031 earnings at $0.22 EPS.

Flux Power (NASDAQ:FLUX) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported ($0.14) EPS for the quarter, meeting the consensus estimate of ($0.14). Flux Power had a negative return on equity of 202.44% and a negative net margin of 22.56%. The firm had revenue of $6.76 million during the quarter, compared to analysts’ expectations of $6.25 million.

Several other brokerages have also recently issued reports on FLUX. Roth Capital set a $1.60 target price on Flux Power in a report on Friday, August 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Flux Power in a report on Wednesday, August 12th. Finally, Lake Street Capital lowered Flux Power from a “buy” rating to a “hold” rating and set a $1.00 price target on the stock. in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $1.30.

Flux Power Stock Performance

NASDAQ FLUX opened at $0.31 on Friday. The stock’s fifty day moving average is $0.49 and its two-hundred day moving average is $0.90. The firm has a market capitalization of $6.72 million, a P/E ratio of -0.82 and a beta of 1.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.30 and a current ratio of 0.90. Flux Power has a fifty-two week low of $0.30 and a fifty-two week high of $2.57.

About Flux Power

Flux Power Holdings, Inc develops, manufactures and sells lithium-ion battery systems for commercial and industrial applications. The company focuses primarily on energy solutions for material-handling equipment, including electric forklifts, pallet jacks, reach trucks and other warehouse vehicles.

Its product portfolio includes modular lithium-ion battery packs, battery-management systems, chargers and related software and monitoring capabilities. These systems are designed to support fleet electrification, improve energy efficiency and reduce the maintenance requirements associated with traditional lead-acid batteries.

Flux Power serves customers in the material-handling, warehousing, distribution, manufacturing and airport ground-support markets.