Frequency Electronics, Inc. (NASDAQ:FEIM) Overview: A Detailed Analysis

Group 1 - Frequency Electronics, Inc. (NASDAQ:FEIM) specializes in precision time and frequency control products essential for satellite communications and defense systems [1] - Craig-Hallum has initiated coverage on FEIM with a "Buy" rating, indicating a positive outlook despite recent challenges [5] - The stock price of FEIM was approximately $27.64 when Craig-Hallum's bullish stance was announced [2] Group 2 - FEIM's stock price declined by 16% after the earnings report for the quarter ending July 31, 2025, contrasting with a 1.4% growth in the S&P 500 index during the same period [2][5] - The fiscal first quarter 2026 results showed a net income of 7 cents per diluted share, a 72% decrease from 25 cents per share in the same quarter the previous year [3] - Revenue fell to $13.8 million, down 8.4% from $15.1 million in the prior year, with net income dropping to $0.6 million from $2.4 million, a nearly 74% reduction [3] Group 3 - Despite financial challenges, FEIM remains optimistic due to a strong backlog, new contract bids, and a $20 million buyback plan [4][5] - The current stock price is $31.38, reflecting a significant increase of 14.80% with a change of $4.05 [4] - Over the past year, FEIM's stock has reached a high of $34.84 and a low of $11.71, with a market capitalization of approximately $305.9 million [4]