HC Wainwright Issues Pessimistic Forecast for Flux Power (NASDAQ:FLUX) Stock Price

Flux Power (NASDAQ:FLUX) had its price target decreased by HC Wainwright from $15.00 to $8.00 in a note issued to investors on Monday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price objective points to a potential upside of 286.47% from the company’s previous close. HC Wainwright also issued estimates for Flux Power’s Q4 2025 earnings at ($0.06) EPS and FY2029 earnings at $0.84 EPS.

Separately, Maxim Group dropped their price objective on shares of Flux Power from $6.00 to $4.00 and set a “buy” rating for the company in a report on Monday, February 3rd.

Flux Power Stock Down 1.4 %

Shares of FLUX opened at $2.07 on Monday. The business’s 50 day moving average is $1.62 and its 200 day moving average is $2.13. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 0.58. Flux Power has a 12-month low of $1.15 and a 12-month high of $5.46. The company has a market capitalization of $34.53 million, a PE ratio of -4.06 and a beta of 1.29.

Flux Power (NASDAQ:FLUX) last released its quarterly earnings data on Wednesday, January 29th. The company reported ($0.17) earnings per share (EPS) for the quarter. Flux Power had a negative net margin of 13.70% and a negative return on equity of 160.99%. Research analysts expect that Flux Power will post -0.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC bought a new stake in Flux Power in the third quarter worth $32,000. HighTower Advisors LLC grew its stake in shares of Flux Power by 176.8% in the 3rd quarter. HighTower Advisors LLC now owns 274,312 shares of the company’s stock worth $834,000 after buying an additional 175,210 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Flux Power in the 4th quarter worth about $27,000. Tidal Investments LLC raised its position in shares of Flux Power by 8.0% during the 4th quarter. Tidal Investments LLC now owns 481,916 shares of the company’s stock valued at $761,000 after buying an additional 35,826 shares in the last quarter. Finally, Park Edge Advisors LLC raised its position in shares of Flux Power by 32.0% during the 4th quarter. Park Edge Advisors LLC now owns 103,192 shares of the company’s stock valued at $163,000 after buying an additional 25,000 shares in the last quarter. 37.96% of the stock is currently owned by institutional investors.

Flux Power Company Profile

Flux Power Holdings, Inc, through its subsidiary Flux Power, Inc, designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the North America. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift.