Flux Power (NASDAQ:FLUX) Price Target Cut to $8.00 by Analysts at HC Wainwright

Flux Power (NASDAQ:FLUX) had its price objective cut by HC Wainwright from $15.00 to $8.00 in a report published on Monday, Marketbeat.com reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Flux Power’s Q3 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.37) EPS, FY2026 earnings at ($0.02) EPS, FY2027 earnings at $0.22 EPS, FY2028 earnings at $0.51 EPS and FY2029 earnings at $0.84 EPS.

Separately, Maxim Group lowered their price objective on Flux Power from $6.00 to $4.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd.

Flux Power Price Performance

Shares of NASDAQ FLUX opened at $1.94 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $32.36 million, a PE ratio of -3.80 and a beta of 1.29. The stock’s 50 day moving average price is $1.62 and its 200-day moving average price is $2.13. Flux Power has a twelve month low of $1.15 and a twelve month high of $5.46.

Flux Power (NASDAQ:FLUX) last released its earnings results on Wednesday, January 29th. The company reported ($0.17) earnings per share for the quarter. Flux Power had a negative net margin of 13.70% and a negative return on equity of 160.99%. On average, equities analysts anticipate that Flux Power will post -0.16 EPS for the current year.

Hedge Funds Weigh In On Flux Power

Hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC grew its holdings in Flux Power by 8.0% during the 4th quarter. Tidal Investments LLC now owns 481,916 shares of the company’s stock valued at $761,000 after buying an additional 35,826 shares in the last quarter. Millennium Management LLC bought a new stake in Flux Power during the 4th quarter worth approximately $27,000. Jane Street Group LLC lifted its stake in Flux Power by 145.0% in the 4th quarter. Jane Street Group LLC now owns 26,062 shares of the company’s stock worth $41,000 after purchasing an additional 15,425 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Flux Power by 7.3% in the 4th quarter. HighTower Advisors LLC now owns 294,312 shares of the company’s stock valued at $465,000 after purchasing an additional 20,000 shares during the period. Finally, Park Edge Advisors LLC grew its position in shares of Flux Power by 32.0% during the 4th quarter. Park Edge Advisors LLC now owns 103,192 shares of the company’s stock valued at $163,000 after purchasing an additional 25,000 shares in the last quarter. 37.96% of the stock is currently owned by hedge funds and other institutional investors.

About Flux Power

Flux Power Holdings, Inc, through its subsidiary Flux Power, Inc, designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the North America. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift.