Fly-E Group, Inc. (FLYE)
NASDAQ:FLYE
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Fly-E Group, Inc.
(NASDAQ:FLYE)
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Rating:44Neutral
Price Target:
$2.00
▼(-69.74% Downside)
Action:UpgradedDate:04/28/26
The score is held down primarily by weak financial performance (sharp losses, deteriorating margins, and significant cash burn). Technicals also reflect a sustained downtrend with negative momentum. Corporate events add uncertainty (SEC investigation and executive departures), partially offset by restored Nasdaq compliance, while valuation is difficult to assess due to negative earnings and no dividend support provided.
Positive Factors
Balance-sheet cushion
Fly‑E’s positive shareholders’ equity ($21.0M) and assets of $33.9M with debt around 0.53x equity provide a tangible near‑term cushion. This reduces immediate insolvency risk, giving management runway to execute restructuring or raise capital without imminent balance‑sheet distress.
Negative Factors
Heavy cash burn
Significant negative operating cash flow (TTM OCF -$14.6M) and FCF (-$14.7M) represent a persistent structural financing risk. Continued cash consumption erodes liquidity, forces reliance on external funding or asset sales, and increases dilution risk while constraining investment in growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet cushion
Fly‑E’s positive shareholders’ equity ($21.0M) and assets of $33.9M with debt around 0.53x equity provide a tangible near‑term cushion. This reduces immediate insolvency risk, giving management runway to execute restructuring or raise capital without imminent balance‑sheet distress.
Read all positive factors
Fly-E Group, Inc. (FLYE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.28M
Dividend YieldN/A
Average Volume (3M)14.94K
Price to Earnings (P/E)―
Beta (1Y)1.51
Revenue Growth-40.67%
EPS Growth-323.28%
CountryUS
Employees57
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-1.18
Shares Outstanding1,632,386
10 Day Avg. Volume13,025
30 Day Avg. Volume14,939
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.09
Price to Sales (P/S)0.42
P/FCF Ratio-0.82
Enterprise Value/Market Cap3.86
Enterprise Value/Revenue0.75
Enterprise Value/Gross Profit2.05
Enterprise Value/Ebitda-32.99
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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-m...
Fly-E Group, Inc. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
14
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.94M | 25.43M | 32.21M | 21.77M | 17.19M |
| Gross Profit | 6.17M | 10.45M | 13.11M | 8.29M | 3.24M |
| EBITDA | -383.87K | 1.23M | 5.78M | 4.35M | 1.58M |
| Net Income | -8.99M | -5.29M | 1.90M | 1.38M | 408.02K |
Balance Sheet | |||||
| Total Assets | 33.95M | 33.71M | 28.98M | 17.26M | 14.66M |
| Cash, Cash Equivalents and Short-Term Investments | 295.67K | 840.10K | 1.40M | 358.89K | 395.03K |
| Total Debt | 11.06M | 19.08M | 18.47M | 12.10M | 8.43M |
| Total Liabilities | 12.95M | 23.87M | 22.19M | 14.76M | 13.54M |
| Stockholders Equity | 20.99M | 9.83M | 6.78M | 2.50M | 1.12M |
Cash Flow | |||||
| Free Cash Flow | -14.70M | -13.09M | 1.29M | 1.31M | -311.86K |
| Operating Cash Flow | -14.62M | -10.06M | 4.31M | 1.76M | 11.69K |
| Investing Cash Flow | -2.34M | -2.90M | -3.20M | -442.92K | -323.54K |
| Financing Cash Flow | 15.95M | 12.49M | -49.63K | -1.35M | 534.54K |
Fly-E Group, Inc. Technical Analysis
Negative
6.61
Price Trends
2.23
Negative
4.59
Negative
23.81
Negative
Market Momentum
-0.07
Negative
44.01
Neutral
38.02
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 above the 20-day moving average (MA) of 2.12, above the 50-day MA of 2.23, and below the 200-day MA of 23.81, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 44.01 is Neutral, neither overbought nor oversold. The STOCH value of 38.02 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
48 Neutral | $23.02M | -0.15 | -294.40% | ― | 217.58% | -127.04% | |
47 Neutral | $8.21M | -0.44 | -37.95% | ― | ― | ― | |
44 Neutral | $3.28M | -1.41 | -59.69% | ― | -40.67% | -323.28% | |
44 Neutral | $8.79M | 2.25 | ― | ― | ― | ― |
* Consumer Cyclical Sector Average
FLYE
Fly-E Group, Inc.
2.01
-38.09
-94.99%
EVTV
Envirotech Vehicles
1.78
-0.91
-33.78%
SSM
Sono Group
6.00
-4.50
-42.86%
LOBO
Lobo EV Technologies Ltd.
0.64
-0.02
-3.31%
Fly-E Group, Inc. Corporate Events
Delistings and Listing ChangesRegulatory Filings and Compliance
Fly-E Group Regains Nasdaq Compliance After Filing Delay
Positive
Apr 27, 2026
On February 27, 2026, Fly-E Group, Inc. received a notice from Nasdaq staff that the company was not in compliance with Listing Rule 5250(c)(1) because it failed to timely file its Form 10-Q for the period ended December 31, 2025 with the U.S. Sec...
Delistings and Listing ChangesFinancial DisclosuresLegal ProceedingsRegulatory Filings and Compliance
Fly-E Group Faces Nasdaq Notice Over Late 10-Q Filing
Negative
Mar 5, 2026
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 ...
Executive/Board Changes
Fly-E Group Announces Multiple Senior Executive Resignations
Negative
Feb 5, 2026
On February 2, 2026, Fly-E Group, Inc. announced the resignations of three senior executives: Chairman of the Board Zhou Ou, Chief Operating Officer Rui Feng, and Chief Human Resources Officer Ke Zhang. The company stated that none of the departur...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.