Flux Power Holdings, Inc. (FLUX)

NASDAQ: FLUX · IEX Real-Time Price · USD
4.430
+0.080 (1.84%)
At close: Mar 28, 2024, 4:00 PM
4.502
+0.072 (1.63%)
After-hours: Mar 28, 2024, 4:26 PM EDT
1.84%
Market Cap 71.92M
Revenue (ttm) 64.48M
Net Income (ttm) -5.85M
Shares Out 16.53M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE 35.97
Dividend n/a
Ex-Dividend Date n/a
Volume 49,266
Open 4.340
Previous Close 4.350
Day's Range 4.290 - 4.550
52-Week Range 2.970 - 5.865
Beta 1.34
Analysts Strong Buy
Price Target 9.67 (+118.28%)
Earnings Date May 9, 2024

About FLUX

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. The company also provides 24-volt onboard chargers for its Class 3 Walkie pallet packs; and smart wall mounted chargers ... [Read more]

Sector Industrials
CEO Ronald F. Dutt
Employees 133
Stock Exchange NASDAQ
Ticker Symbol FLUX
Full Company Profile

Financial Performance

In 2023, FLUX's revenue was $66.34 million, an increase of 56.70% compared to the previous year's $42.33 million. Losses were -$6.74 million, -56.81% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for FLUX stock is "Strong Buy." The 12-month stock price forecast is $9.67, which is an increase of 118.28% from the latest price.

Price Target
$9.67
(118.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Flux Power Unveils New Onboard Integrated Charging Option at MODEX 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Unveils New Onboard Integrated Charging Option at MODEX 2024.

21 days ago - Business Wire

Flux Power to Unveil New Battery Pack for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts at MODEX 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Unveil New Battery Pack for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts at MODEX 2024.

23 days ago - Business Wire

Flux Power to Attend the 36th Annual ROTH Conference on March 17-19, 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Attend the 36th Annual ROTH Conference on March 17-19, 2024.

4 weeks ago - Business Wire

Flux Power Appoints Kevin Royal as Chief Financial Officer

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Appoints Kevin Royal as Chief Financial Officer.

4 weeks ago - Business Wire

Flux Power to Exhibit at MODEX 2024 Tradeshow March 11-14 at the Georgia World Congress Center in Atlanta

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Exhibit at MODEX 2024 Tradeshow March 11-14 at the Georgia World Congress Center in Atlanta.

5 weeks ago - Business Wire

Flux Power to Present at the Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Present at the Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024.

6 weeks ago - Business Wire

Flux Power Reports Fiscal Year 2024 Second Quarter Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports Fiscal Year 2024 Second Quarter Financial Results.

7 weeks ago - Business Wire

Flux Power to Participate in the Future of Electrification 2024 Virtual Conference on Wednesday, February 7, 2024, at 12:00 PM Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Participate in the Future of Electrification 2024 Virtual Conference on Wednesday, February 7, 2024, at 12:00 PM Eastern Time.

2 months ago - Business Wire

Flux Power to Host Fiscal Second Quarter 2024 Results Conference Call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fiscal Second Quarter 2024 Results Conference Call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time.

2 months ago - Business Wire

Flux Power Issues Shareholder Letter and Corporate Update

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Issues Shareholder Letter and Corporate Update.

3 months ago - Business Wire

Flux Power to Attend the Benchmark 12th Annual Discovery One-on-One Conference on December 7, 2023

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Attend the Benchmark 12th Annual Discovery One-on-One Conference on December 7, 2023.

4 months ago - Business Wire

Flux Power Fiscal Year 2024 First Quarter Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Fiscal Year 2024 First Quarter Financial Results.

5 months ago - Business Wire

Flux Power Announces Capital Structure Update Including New Credit Facility with Cleveland Capital

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Announces Capital Structure Update Including New Credit Facility with Cleveland Capital.

5 months ago - Business Wire

Flux Power to Host Fiscal First Quarter 2024 Results Conference Call on Thursday, November 9, 2023 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host First Quarter 2024 Results Conference Call on Thursday, November 9, 2023 at 4:30 p.m. Eastern Time.

5 months ago - Business Wire

Flux Power Reports Fiscal Full Year 2023 Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports Fiscal Full Year 2023 Financial Results.

6 months ago - Business Wire

Flux Power to Showcase the Latest Lithium-Ion Solutions for Electrifying Airport Ground Support Equipment

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Showcase the Latest Lithium-Ion Solutions for Electrifying Airport Ground Support Equipment.

6 months ago - Business Wire

Flux Power to Host Fourth Quarter and Full Fiscal Year 2023 Results Conference Call on Thursday, September 21, 2023 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fourth Quarter and Full Fiscal Year 2023 Results Conference Call on Thursday, September 21, 2023 at 4:30 p.m. Eastern Time.

7 months ago - Business Wire

Flux Power to Participate at H.C. Wainwright 25th Annual Global Investment Conference and Lake Street Best Ideas Growth (BIG7) Conference in September

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Participate at H.C. Wainwright 25th Annual Global Investment Conference and Lake Street Best Ideas Growth (BIG7) Conference in September.

7 months ago - Business Wire

Flux Power Closes New $15 Million Credit Facility with Gibraltar Business Capital

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Closes New $15 Million Credit Facility with Gibraltar Business Capital.

8 months ago - Business Wire

Flux Power Holdings, Inc. Discusses Significant Revenue, Customer Growth with The Stock Day Podcast

Phoenix, Arizona--(Newsfile Corp. - May 31, 2023) - The Stock Day Podcast welcomed Flux Power Holdings, Inc. (NASDAQ: FLUX) ("the Company"), a company that could see revenues swell towards $70 million...

10 months ago - Newsfile Corp

Flux Power to Present at LD Micro Invitational XIII Conference on June 6, 2023

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Present at LD Micro Invitational XIII Conference on June 6, 2023.

11 months ago - Business Wire

Flux Power Reports 3rd Quarter Fiscal 2023 Financial Results

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Reports 3rd Quarter Fiscal 2023 Financial Results.

11 months ago - Business Wire

Flux Power Announces UL Solutions List Status for Next-Generation G2 Series Battery Platform

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Announces UL Solutions List Status for Next-Generation G2 Series Battery Platform.

11 months ago - Business Wire

Flux Power Renews $14 Million Credit Facility with First Citizens Bank

VISTA, Calif.--(BUSINESS WIRE)--Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has r...

1 year ago - Business Wire

Flux Power to Host Fiscal Third Quarter 2023 Results Conference Call on Thursday, May 11, 2023 at 4:30 p.m. Eastern Time

VISTA, Calif.--(BUSINESS WIRE)--Flux Power to Host Fiscal Third Quarter 2023 Results Conference Call on Thursday, May 11, 2023 at 4:30 p.m. Eastern Time.

1 year ago - Business Wire