Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Cycliq Group Ltd ( (AU:CYQ) ) has issued an update.
Cycliq Group Ltd announced a successful 2025 Black Friday campaign, generating $1.3 million in gross revenue despite a 19% decline compared to the previous year, reflecting challenges in the broader bicycle market. The transition to a new Shopify platform improved customer experience, increasing the conversion rate from 1.1% to 1.73%. The company plans to leverage this platform to introduce complementary products, enhancing their ecosystem strategy.
The most recent analyst rating on (AU:CYQ) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Cycliq Group Ltd stock, see the AU:CYQ Stock Forecast page.
More about Cycliq Group Ltd
Cycliq is an Australian-based company specializing in smart safety and action sport cycling products. They manufacture and market the Fly6 and Fly12, which are all-in-one light and camera safety systems. Cycliq operates in Australia and China, selling directly to consumers through their website and Amazon, and has a presence in over 6,000 retail points across the USA, UK, EU, and Asia-Pacific. Since its founding in 2012, Cycliq has shipped over 200,000 products to more than 50 countries.
Current Market Cap: A$1.84M
Learn more about CYQ stock on TipRanks’ Stock Analysis page.