Flux Power (NASDAQ:FLUX) Cut to Hold at Lake Street Capital

Lake Street Capital lowered shares of Flux Power (NASDAQ:FLUX) from a buy rating to a hold rating in a research note released on Wednesday morning, MarketBeat.com reports. The firm currently has $1.00 target price on the stock.

Several other brokerages have also recently commented on FLUX. Weiss Ratings reiterated a “sell (e+)” rating on shares of Flux Power in a research report on Wednesday, August 12th. Roth Capital set a $1.60 price objective on Flux Power in a report on Friday, August 21st. Finally, Zacks Research upgraded Flux Power from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1.30.

Flux Power Price Performance

Flux Power stock traded up $0.01 during midday trading on Wednesday, reaching $0.32. The company had a trading volume of 213,108 shares, compared to its average volume of 387,402. The company has a market capitalization of $6.83 million, a P/E ratio of -0.83 and a beta of 1.63. Flux Power has a 12-month low of $0.30 and a 12-month high of $2.48. The firm’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $0.90. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.03 and a quick ratio of 0.30.

Flux Power (NASDAQ:FLUX) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported ($0.14) EPS for the quarter, hitting the consensus estimate of ($0.14). Flux Power had a negative return on equity of 231.21% and a negative net margin of 17.68%. The company had revenue of $6.76 million during the quarter, compared to analyst estimates of $6.25 million. As a group, equities analysts anticipate that Flux Power will post -0.38 EPS for the current year.

Flux Power News Roundup

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

• Positive Sentiment: HC Wainwright raised its FY2027 EPS estimate to a loss of $0.42 per share from a loss of $0.46, and also improved its Q2 and Q3 2027 forecasts. These revisions suggest somewhat better near-term expectations, although the company is still forecast to post a loss. MarketBeat analyst estimates
• Neutral Sentiment: The Q1 2027 earnings call coverage reports results for investors; the supplied article listing does not include further call details. Flux Power Q1 2027 Earnings Call Summary
• Negative Sentiment: HC Wainwright cut its earnings forecasts for FY2028–FY2031, including reducing FY2028 from projected profit of $0.08 per share to a loss of $0.32, and FY2031 from $0.95 to $0.22. The deep long-range revisions signal a weaker expected profit trajectory. MarketBeat analyst estimates
• Negative Sentiment: A report says Q1 revenue fell 49%, attributing the decline to higher interest rates and fuel prices—an indication of pressure on demand and sales. Flux Power Q1 revenue report

Flux Power Company Profile

Flux Power Holdings, Inc develops, manufactures and sells lithium-ion battery systems for commercial and industrial applications. The company focuses primarily on energy solutions for material-handling equipment, including electric forklifts, pallet jacks, reach trucks and other warehouse vehicles.

Its product portfolio includes modular lithium-ion battery packs, battery-management systems, chargers and related software and monitoring capabilities. These systems are designed to support fleet electrification, improve energy efficiency and reduce the maintenance requirements associated with traditional lead-acid batteries.

Flux Power serves customers in the material-handling, warehousing, distribution, manufacturing and airport ground-support markets.