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Fly-E Group, Inc. ( (FLYE) ) just unveiled an update.
Fly-E Group, Inc. was unable to hold its scheduled Special Meeting of Stockholders on September 15, 2025, due to a lack of quorum. The meeting has been adjourned and rescheduled for October 10, 2025, to be held virtually. The main agenda includes a proposal for a reverse stock split and the possibility of further adjournment if necessary. The board encourages shareholders to vote in favor of the proposals.
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: 2,637,600
Technical Sentiment Signal: Sell
Current Market Cap: $13.81M
For an in-depth examination of FLYE stock, go to TipRanks’ Overview page.