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Fly-E Group, Inc. ( (FLYE) ) has shared an update.
Fly-E Group, Inc. postponed its special stockholders meeting from September 15, 2025, to October 13, 2025, to ensure a quorum. During the rescheduled meeting, stockholders approved a proposal for a reverse stock split, allowing the board to decide on a ratio between 1-for-2 and 1-for-20 within a year, potentially impacting the company’s stock structure and market strategy.
The most recent analyst rating on (FLYE) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Fly-E Group, Inc. stock, see the FLYE Stock Forecast page.
Spark’s Take on FLYE Stock
According to Spark, TipRanks’ AI Analyst, FLYE is a Underperform.
Fly-E Group, Inc. faces significant financial and technical challenges, with declining revenues, negative profitability, and bearish market momentum. The negative P/E ratio and lack of dividend yield further weaken its valuation. While the recent Nasdaq compliance is a positive development, it does not offset the broader financial and market concerns.
To see Spark’s full report on FLYE stock, click here.
More about Fly-E Group, Inc.
Average Trading Volume: 2,549,671
Technical Sentiment Signal: Sell
Current Market Cap: $9.79M
Find detailed analytics on FLYE stock on TipRanks’ Stock Analysis page.