Wall Street Zen Upgrades Flux Power (NASDAQ:FLUX) to “Hold”

Flux Power (NASDAQ:FLUX) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

FLUX has been the subject of a number of other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flux Power in a report on Thursday, January 22nd. Roth Mkm restated a “buy” rating on shares of Flux Power in a research report on Friday, November 14th. Finally, Zacks Research raised Flux Power from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th. Two 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, Flux Power currently has an average rating of “Hold” and a consensus target price of $8.00.

Flux Power Stock Performance

Flux Power stock opened at $1.03 on Friday. The firm’s fifty day moving average price is $1.42 and its 200-day moving average price is $2.30. Flux Power has a fifty-two week low of $1.02 and a fifty-two week high of $7.55. The stock has a market cap of $21.98 million, a P/E 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 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.11. The business had revenue of $14.12 million for the quarter, compared to analysts’ expectations of $15.55 million. Sell-side analysts predict that Flux Power will post -0.16 earnings per share for the current year.

Institutional Investors Weigh In On Flux Power

Several institutional investors have recently bought and sold shares of the stock. Formidable Asset Management LLC lifted its position in Flux Power by 0.4% in 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 during the last quarter. State Street Corp increased its stake in shares of Flux Power by 39.4% in the fourth quarter. State Street Corp now owns 49,568 shares of the company’s stock worth $63,000 after buying an additional 14,000 shares during the period. Virtu Financial LLC purchased a new position in shares of Flux Power in the third quarter worth $72,000. Geode Capital Management LLC raised its holdings in Flux Power by 22.0% during the 4th quarter. Geode Capital Management LLC now owns 169,611 shares of the company’s stock valued at $215,000 after buying an additional 30,546 shares during the last quarter. Finally, JGP Wealth Management LLC purchased a new stake in Flux Power during the 4th quarter valued at $74,000. 37.96% of the stock is currently owned by hedge funds and other institutional investors.

Flux Power News Summary

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

About Flux Power

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.