HC Wainwright Analysts Cut Earnings Estimates for Flux Power

Flux Power Holdings, Inc. (NASDAQ:FLUX) – Investment analysts at HC Wainwright dropped their FY2029 earnings per share (EPS) estimates for shares of Flux Power in a report released on Friday, February 13th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings per share of $0.57 for the year, down from their previous estimate 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.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen raised shares of Flux Power from a “sell” rating to a “hold” rating in a report on Saturday. Roth Mkm reissued a “buy” rating on shares of Flux Power in a report on Friday, November 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Flux Power in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Flux Power from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $8.00.

Flux Power Trading Down 18.3%

Flux Power stock opened at $1.03 on Monday. The firm has a market cap of $21.98 million, a PE ratio of -3.32 and a beta of 1.55. Flux Power has a 12 month low of $1.02 and a 12 month high of $7.55. The stock’s 50 day simple moving average is $1.42 and its two-hundred day simple moving average is $2.30.

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

Institutional Investors Weigh In On Flux Power

A number of institutional investors have recently made changes to their positions in the stock. Formidable Asset Management LLC lifted its holdings in shares of Flux Power by 0.4% in the 4th quarter. Formidable Asset Management LLC now owns 3,143,056 shares of the company’s stock worth $3,992,000 after acquiring an additional 13,899 shares during the last quarter. State Street Corp grew 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 valued at $63,000 after buying an additional 14,000 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Flux Power in the 3rd quarter valued at $72,000. Geode Capital Management LLC raised its holdings in shares of Flux Power by 22.0% in 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 period. Finally, JGP Wealth Management LLC acquired a new position in Flux Power during the 4th quarter worth about $74,000. 37.96% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting 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.