Fly-E Group, Inc. (FLYE) AI Stock Analysis

• Market Cap: $11.87M
• Dividend Yield: N/A
• Average Volume (3M): 235.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.64
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 57
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): -2.18
• Shares Outstanding: 1,632,386
• 10 Day Avg. Volume: 39,446
• 30 Day Avg. Volume: 235,319
• PEG Ratio: 0.11
• Price to Book (P/B): 21.28
• Price to Sales (P/S): 8.23
• P/FCF Ratio: -15.99
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $7.00 ▲(5.90% Upside)

The score is driven primarily by weak financial performance (declining revenue, ongoing losses, high leverage, and negative/weakening cash flows). Technicals add moderate pressure with the price below key moving averages and negative MACD, while valuation is also constrained by a negative P/E and no dividend support.

Positive Factors

Regulatory Compliance

Regaining compliance with Nasdaq listing rules enhances Fly-E's credibility and stability, ensuring continued access to capital markets.

Strategic Partnerships

Partnerships with technology firms expand Fly-E's market reach and revenue potential, supporting long-term growth and competitive positioning.

Product Diversification

Diverse product offerings in drones, photography, and analytics position Fly-E to tap into multiple industries, reducing reliance on a single revenue stream.

Negative Factors

Revenue Decline

A significant decline in revenue indicates challenges in market demand or competitive pressures, potentially impacting long-term growth prospects.

High Leverage

High leverage limits financial flexibility and increases risk, potentially straining cash flows and impacting future investment capabilities.

Negative Cash Flow

Negative cash flows highlight operational inefficiencies and financial strain, challenging Fly-E's ability to sustain operations and invest in growth.

Fly-E Group, Inc. Business Overview & Revenue Model

Company Description

Fly-E Group, Inc. engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-tricycles, e-bikes, e-bikes, e-bikes, and e-scooters; and traditional bikes. The company also provides accessories and spare parts, including raincoats, gloves, knee pads, storage baskets and tail boxes, smart phone holders, backrests, locks, and branded apparel; and upgrade components for wheels, shock absorbers, brake calipers, and carbon fiber body panels. It also operates retail stores. The company was founded in 2018 and is based in Flushing, New York.

How the Company Makes Money

Fly-E Group, Inc. generates revenue through multiple key streams. The primary source of income comes from the sale of its proprietary drones, which are tailored for specific applications across various sectors. Additionally, the company earns revenue from providing aerial photography and videography services, which cater to industries such as real estate and entertainment. Another significant revenue stream is data analytics services, where Fly-E utilizes data collected from its drones to offer insights and actionable intelligence to clients in agriculture and logistics. Strategic partnerships with technology firms and industry stakeholders further enhance its market reach and revenue potential, contributing to its overall financial performance.

Fly-E Group, Inc. Financial Statement Overview

Summary

Fly-E Group, Inc. is facing financial challenges with declining revenues, negative profitability, and high leverage. While there are some strengths in gross profit margins and free cash flow coverage, the overall financial health is concerning, requiring strategic improvements to stabilize and grow.

Income Statement

Fly-E Group, Inc. has experienced declining revenue growth, with a notable decrease of 10.01% in the TTM period. The company is facing challenges in profitability, as indicated by negative net profit and EBIT margins. However, the gross profit margin remains relatively stable at 41.10%, suggesting some efficiency in production costs.

Balance Sheet

The company has a high debt-to-equity ratio of 1.94, indicating significant leverage, which could pose financial risks. The return on equity is negative, reflecting losses and reduced shareholder value. However, the equity ratio is reasonable, suggesting a balanced asset structure.

Cash Flow

Fly-E Group, Inc. is experiencing negative operating and free cash flows, with a slight improvement in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	19.97M	25.43M	32.21M	21.77M	17.19M
Gross Profit	7.66M	10.45M	13.11M	6.24M	2.24M
EBITDA	1.15M	1.23M	5.78M	4.35M	1.63M
Net Income	-7.75M	-5.29M	1.90M	1.38M	408.02K
Balance Sheet
Total Assets	41.91M	33.71M	28.98M	17.72M	14.93M
Cash, Cash Equivalents and Short-Term Investments	2.54M	840.10K	1.40M	358.89K	395.03K
Total Debt	15.30M	19.08M	18.47M	12.10M	8.43M
Total Liabilities	18.79M	23.87M	22.19M	14.99M	13.58M
Stockholders Equity	23.11M	9.83M	6.78M	2.72M	1.34M
Cash Flow
Free Cash Flow	-8.55M	-13.09M	1.29M	1.31M	-311.86K
Operating Cash Flow	-8.35M	-10.06M	4.31M	1.76M	11.69K
Investing Cash Flow	-507.84K	-2.90M	-3.20M	-442.92K	-323.54K
Financing Cash Flow	10.16M	12.49M	-49.63K	-1.35M	534.54K

Fly-E Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.61
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLYE, the sentiment is Negative. The current price of 6.61 is below the 20-day moving average (MA) of 6.97, below the 50-day MA of 6.68, and below the 200-day MA of 40.41, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 50.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLYE.

Fly-E Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LOBO	51 Neutral	$6.91M	-1.71	-37.95%	―	―	―
SSM	48 Neutral	$10.54M	0.02	―	―	-100.00%	―
EVTV	47 Neutral	$15.60M	-0.31	-267.76%	―	113.69%	-84.50%
FLYE	42 Neutral	$11.87M	-0.30	-41.72%	―	―	―
ECDA	40 Underperform	$333.09K	―	―	―	-43.17%	-36.68%

Fly-E Group, Inc. Corporate Events

Fly-E Group Approves Reverse Stock Split Proposal

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.