FY2029 EPS Estimates for Flux Power Reduced by HC Wainwright

Flux Power Holdings, Inc. (NASDAQ:FLUX) – Equities research analysts at HC Wainwright decreased their FY2029 EPS estimates for shares of Flux Power in a research note issued on Friday, February 13th. HC Wainwright analyst A. Dayal now anticipates that the company will earn $0.57 per share for the year, down from their previous forecast of $0.65. The consensus estimate for Flux Power’s current full-year earnings is ($0.16) per share. HC Wainwright also issued estimates for Flux Power’s FY2030 earnings at $0.88 EPS.

Flux Power (NASDAQ:FLUX) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.11. The business had revenue of $14.12 million during the quarter, compared to analysts’ expectations of $15.55 million.

A number of other analysts have also weighed in on the stock. Wall Street Zen upgraded shares of Flux Power from a “sell” rating to a “hold” rating in a research note on Saturday. Roth Mkm reissued a “buy” rating on shares of Flux Power in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Flux Power in a report on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Flux Power from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $8.00.

Flux Power Stock Performance

Shares of FLUX opened at $1.03 on Monday. The stock has a 50-day simple moving average of $1.42 and a 200-day simple moving average of $2.30. The stock has a market capitalization of $21.98 million, a PE ratio of -3.32 and a beta of 1.55. Flux Power has a 1 year low of $1.02 and a 1 year high of $7.55.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Formidable Asset Management LLC raised its stake in Flux Power by 4.2% during the 3rd quarter. Formidable Asset Management LLC now owns 3,129,157 shares of the company’s stock worth $11,703,000 after acquiring an additional 125,043 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Flux Power during the fourth quarter worth about $83,000. JGP Wealth Management LLC purchased a new position in shares of Flux Power during the fourth quarter worth about $74,000. Geode Capital Management LLC increased its position in shares of Flux Power by 22.0% during the fourth quarter. Geode Capital Management LLC now owns 169,611 shares of the company’s stock worth $215,000 after purchasing an additional 30,546 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Flux Power in the 3rd quarter valued at about $72,000. 37.96% of the stock is owned by hedge funds and other institutional investors.

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.