H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Flux Power Holdings today and set a price target of $8.00.
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Amit Dayal has given his Buy rating due to a combination of factors that highlight Flux Power Holdings’ potential for growth and resilience in the face of macroeconomic challenges. Despite a decrease in revenue for F1Q26, the company has demonstrated effective cost containment strategies, including a reduction-in-force initiative, which have helped mitigate some of the financial impacts caused by an uncertain tariff environment.
Furthermore, Flux Power Holdings has shown promising signs of future growth through recent orders from significant customers, including a global food and beverage distribution company and an airline, expanding its customer base in North America. The successful launch of the SkyEMS 2.0 software platform, which enhances battery asset management, and the achievement of key certifications for its lithium-ion energy solutions, open new market opportunities. These strategic advancements, combined with a strengthened balance sheet, position the company well to capitalize on the industrial electrification trend, making the stock an attractive investment at current levels.
In another report released on November 14, Roth MKM also maintained a Buy rating on the stock with a $3.00 price target.