Group 1 - Flux Power Holdings, Inc. is expected to report a quarterly loss of 8 cents per share for Q4, an improvement from a loss of 16 cents per share a year ago [1] - Projected quarterly revenue for Flux Power is $16.47 million, up from $13.23 million in the same quarter last year [1] - On August 21, Flux Power secured an additional order worth over $1.2 million from a major North American airline, leading to a 6.5% increase in share price to close at $1.80 [2] Group 2 - HC Wainright & Co. analyst Amit Dayal maintained a Buy rating but reduced the price target from $15 to $8 [7] - Maxim Group analyst Matthew Galinko also maintained a Buy rating, lowering the price target from $6 to $4 [7] - Craig-Hallum analyst Eric Stine kept a Buy rating while cutting the price target from $10 to $7 [7]
Top Wall Street Forecasters Revamp Flux Power Expectations Ahead Of Q4 Earnings - Flux Power Holdings (NASDAQ:FLUX)