Flux Power (NASDAQ:FLUX) Stock Rating Upgraded by Wall Street Zen

Flux Power (NASDAQ:FLUX) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

FLUX has been the topic of several other research reports. Roth Mkm reiterated a “buy” rating on shares of Flux Power in a report on Friday, November 14th. Zacks Research raised shares of Flux Power from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flux Power in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $8.00.

Flux Power Price Performance

FLUX opened at $1.03 on Friday. Flux Power has a one year low of $1.02 and a one year high of $7.55. The business has a 50 day simple moving average of $1.42 and a two-hundred day simple moving average of $2.30. The firm has a market capitalization of $21.98 million, a price-to-earnings ratio of -3.32 and a beta of 1.55.

Flux Power (NASDAQ:FLUX) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.11. The business had revenue of $14.12 million during the quarter, compared to the consensus estimate of $15.55 million. As a group, sell-side analysts expect that Flux Power will post -0.16 EPS for the current fiscal year.

Hedge Funds Weigh In On Flux Power

A number of institutional investors and hedge funds have recently made changes to their positions in FLUX. State Street Corp raised its holdings in Flux Power by 39.4% in the 4th quarter. State Street Corp now owns 49,568 shares of the company’s stock worth $63,000 after acquiring an additional 14,000 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Flux Power in the fourth quarter worth approximately $83,000. Geode Capital Management LLC boosted its stake in shares of Flux Power by 22.0% during the 4th quarter. Geode Capital Management LLC now owns 169,611 shares of the company’s stock worth $215,000 after acquiring an additional 30,546 shares during the last quarter. Formidable Asset Management LLC lifted its position in Flux Power by 0.4% during the fourth quarter. Formidable Asset Management LLC now owns 3,143,056 shares of the company’s stock valued at $3,992,000 after purchasing an additional 13,899 shares in the last quarter. Finally, JGP Wealth Management LLC bought a new position in shares of Flux Power during the 4th quarter valued at approximately $74,000. Institutional investors own 37.96% of the company’s stock.

Trending Headlines about Flux Power

Here are the key news stories impacting Flux Power this week:

• Positive Sentiment: EPS beat and improved profitability: FLUX reported $0.04 EPS, beating consensus (loss) estimates and representing a move to profitability driven by cost reductions. This was highlighted as a milestone in the quarter. Zacks: Q2 Earnings Beat
• Positive Sentiment: One-time items supported the quarter: management disclosed a sizeable non‑recurring reversal of accrued bonuses that materially helped net income — good for near-term EPS but not a recurring earnings driver. Seeking Alpha: Analysis
• Neutral Sentiment: Revenue missed expectations: Q2 revenue was $14.12M versus consensus ~$15.55M, indicating softer top-line demand even as margins improved. Investors should note the revenue/margin mix. MarketBeat: Q2 Results
• Neutral Sentiment: Earnings call transcript available — details on strategy and cost actions: read management commentary for specifics on product focus and cash management. MSN: Call Transcript
• Negative Sentiment: Major customer capital freeze — near-term revenue risk: management signaled that a large customer has imposed a capital freeze, which will lower near-term orders and weighs on the revenue outlook. This is a key driver of the stock decline. Seeking Alpha: Customer Capital Freeze
• Negative Sentiment: Operational cash pressure and covenant risk: analysts flagged unfavorable working‑capital movements, large cash outflows, declining backlog to all‑time lows and an increased risk of breaching debt covenants — a material liquidity risk to monitor. Seeking Alpha: Sell Thesis

Flux Power Company Profile

Flux Power (NASDAQ: FLUX) is a U.S.-based designer and manufacturer of advanced lithium-ion battery systems tailored for industrial and material-handling applications. The company develops modular battery packs, battery management systems and related charging solutions that deliver high performance, extended runtimes and rapid recharge cycles. Flux Power’s technology is engineered to withstand the demanding environments of warehouses, manufacturing facilities, airports and port terminals, offering a zero-emission alternative to traditional lead-acid batteries.

Among its core offerings, Flux Power provides plug-and-play lithium-ion battery packs, battery management electronics and telematics software that enable real-time monitoring of state of charge, health metrics and energy usage.