Fly-E Group Faces Nasdaq Notice Over Late 10-Q Filing

The latest announcement is out from Fly-E Group, Inc. ( (FLYE) ).

On January 21, 2026, Fly-E Group was notified that the U.S. Securities and Exchange Commission had opened an investigation involving the company, although the regulator has not provided substantive details and has made no finding of wrongdoing or liability. Fly-E stated it is fully cooperating with the probe, adding a regulatory overhang that could influence investor sentiment until more information emerges.

The company also reported that on February 27, 2026, Nasdaq sent a delinquency notice after Fly-E failed to timely file its Form 10-Q for the quarter ended December 31, 2025, in breach of Listing Rule 5250(c)(1). While the March 5, 2026 announcement emphasized that the notice does not immediately affect the listing or trading of its shares, Fly-E now faces an April 28, 2026 deadline to present a compliance plan and potentially an extension to August 24, 2026, making the completion of its financial reporting crucial to avoid a possible future delisting process.

The most recent analyst rating on (FLYE) stock is a Hold with a $2.00 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.

The score is primarily dragged down by weak financial performance (declining revenue, losses, high leverage, and negative cash flows) and strongly bearish technicals (price far below key moving averages with negative MACD). Valuation support is limited due to a negative P/E and no dividend yield, while executive departures add incremental uncertainty.

To see Spark’s full report on FLYE stock, click here.

More about Fly-E Group, Inc.

Fly-E Group, Inc. is a New York-based electric vehicle company focused on designing, installing, selling and renting smart electric motorcycles, electric bikes and electric scooters under the “Fly E-Bike” brand. The company targets consumers seeking eco-friendly transportation options that integrate into active lifestyles and aims to support a more environmentally sustainable urban mobility ecosystem.

Its product lineup centers on light electric vehicles suited for city commuting and short-distance travel, positioning Fly-E within the growing micro-mobility and green transportation market. Through rentals and sales, it seeks to capture both recurring usage revenue and retail demand in markets where adoption of compact electric two-wheelers is accelerating.

On January 21, 2026, Fly-E Group was notified that the U.S. Securities and Exchange Commission had initiated an investigation involving the company, though regulators have not provided substantive detail and have made no determination of any wrongdoing or liability. The company said it is fully cooperating, introducing an element of regulatory uncertainty that investors will likely watch closely while awaiting further clarification.

Separately, Fly-E disclosed that on February 27, 2026, Nasdaq informed the company it was noncompliant with Listing Rule 5250(c)(1) because it failed to timely file its Form 10-Q for the quarter ended December 31, 2025. The delinquency notice, announced on March 5, 2026, does not trigger immediate delisting and has no current effect on trading of the stock on the Nasdaq Capital Market.

Fly-E now has until April 28, 2026, to submit a compliance plan to Nasdaq, and if that plan is accepted, it could receive up to August 24, 2026, to file the overdue report and cure the deficiency. Failure to regain compliance within the allowed periods could result in a delisting notice, which the company would be able to appeal, making timely completion and review of its financial statements a key near-term operational and market priority.

Average Trading Volume: 371,107

Technical Sentiment Signal: Sell

Current Market Cap: $3.17M

See more insights into FLYE stock on TipRanks’ Stock Analysis page.