Flux Power (NASDAQ:FLUX) Announces Earnings Results

Flux Power (NASDAQ:FLUX) posted its earnings results on Thursday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.07) by $0.11, FiscalAI reports. The firm had revenue of $14.12 million during the quarter, compared to the consensus estimate of $15.55 million.

Here are the key takeaways from Flux Power’s conference call:

• Flux achieved net profitability for the first time, with Q2 net income of $0.6M, a 610 bps sequential gross margin improvement to 34.7%, and positive adjusted EBITDA of $1.5M driven by cost reductions and lower warranty costs.
• A major customer announced a capital freeze, which management expects will cause materially lower revenue in Q3 and may impact a significant portion of calendar 2026.
• Product and software innovation advanced — the new SkyLink telematics (quad-core, ML-capable, 4x sensors) is in beta and SkyEMS was upgraded with AI-driven intelligent alerts and a mobile interface to drive higher uptime and potential recurring revenue.
• Liquidity remains thin with only $0.9M cash on hand at quarter end, though the company notes a $16M borrowing capacity under a Gibraltar line of credit subject to collateral and covenants.
• Management is expanding go-to-market capabilities — hiring an experienced OEM director, adding sales roles (including a planned VP of Material Handling and hires in CA/TX) to pursue OEMs and try to replace the lost business.

Flux Power Stock Performance

NASDAQ:FLUX traded down $0.22 during trading on Friday, reaching $1.05. The company’s stock had a trading volume of 1,118,192 shares, compared to its average volume of 378,883. Flux Power has a 12 month low of $1.02 and a 12 month high of $7.55. The firm has a market cap of $22.30 million, a price-to-earnings ratio of -2.32 and a beta of 1.55. The firm has a 50 day moving average of $1.43 and a 200-day moving average of $2.30.

Institutional Trading of Flux Power

A number of large investors have recently added to or reduced their stakes in FLUX. State Street Corp boosted its stake in 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 acquiring an additional 14,000 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Flux Power in the 4th quarter worth approximately $83,000. Geode Capital Management LLC lifted its stake in Flux Power by 22.0% in the fourth quarter. Geode Capital Management LLC now owns 169,611 shares of the company’s stock valued at $215,000 after purchasing an additional 30,546 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Flux Power during the third quarter valued at $72,000. Hedge funds and other institutional investors own 37.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on FLUX shares. Wall Street Zen lowered shares of Flux Power from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Roth Mkm reiterated a “buy” rating on shares of Flux Power in a report on Friday, November 14th. Zacks Research raised Flux Power from a “strong sell” rating to a “hold” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Flux Power in a report on Thursday, January 22nd. Two equities 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 company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $8.00.

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.