flyExclusive (FLYX) AI Stock Analysis

• Market Cap: $254.81M
• Dividend Yield: N/A
• Average Volume (3M): 25.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 750
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): -0.26
• Shares Outstanding: 20,199,587
• 10 Day Avg. Volume: 35,170
• 30 Day Avg. Volume: 25,776
• PEG Ratio: 0.06
• Price to Book (P/B): -0.38
• Price to Sales (P/S): 0.23
• P/FCF Ratio: -1.10
• Enterprise Value/Market Cap: 1.95
• Enterprise Value/Revenue: 1.43
• Enterprise Value/Gross Profit: 13.26
• Enterprise Value/Ebitda: -14.36
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.25
• Revenue Forecast (FY): $395.38M

• Rating: 45 Neutral
• Price Target: $4.00 ▲(2.04% Upside)

flyExclusive's overall stock score is primarily impacted by its challenging financial performance, characterized by negative profitability and high leverage. While the earnings call provided positive insights into operational improvements and revenue growth, the technical analysis and valuation remain weak, contributing to a low overall score.

flyExclusive Business Overview & Revenue Model

Company Description

flyExclusive (FLYX) is a premier private aviation company specializing in providing private jet charter services, aircraft management, and fractional ownership solutions. Serving a diverse clientele ranging from corporate executives to leisure travelers, flyExclusive offers a fleet of modern jets that ensure luxury, comfort, and safety. The company operates primarily in the private aviation sector, catering to the needs of customers looking for bespoke travel experiences and efficient air transportation.

How the Company Makes Money

flyExclusive generates revenue through multiple streams, primarily focusing on private jet charters, aircraft management services, and fractional ownership programs. The charter service is a significant revenue source, allowing customers to book flights on-demand and pay based on flight hours and distance traveled. Additionally, the company earns income through managing aircraft on behalf of owners, charging management fees and taking a percentage of charter revenue generated by those aircraft. The fractional ownership model allows customers to purchase shares in a jet, providing them with access to the aircraft for a set number of hours per year, thereby creating another steady stream of income. Partnerships with other aviation service providers and strategic marketing initiatives further enhance its earnings potential by broadening its customer base and service offerings.

flyExclusive Financial Statement Overview

Summary

flyExclusive faces significant financial challenges, with negative profitability margins and high leverage. While there is some revenue growth, the company's financial health is undermined by negative equity and cash flow issues. Strategic improvements are necessary to enhance financial stability and performance.

Income Statement

The company shows modest revenue growth in the TTM period, but profitability metrics such as net profit margin and EBIT margin are negative, indicating operational challenges. The gross profit margin has decreased over time, reflecting potential cost pressures or pricing challenges.

Balance Sheet

The balance sheet reveals a concerning negative equity situation with a high debt-to-equity ratio, indicating significant leverage and financial risk. Return on equity is positive in the TTM period but was negative in previous years, suggesting volatility in profitability.

Cash Flow

Cash flow analysis shows improvement in operating cash flow in the TTM period, but free cash flow remains negative, indicating potential liquidity issues. The operating cash flow to net income ratio is low, suggesting challenges in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	347.75M	327.27M	315.36M	320.04M	208.28M
Gross Profit	37.41M	37.06M	24.20M	41.49M	49.04M
EBITDA	-34.55M	-54.56M	-5.53M	27.25M	23.81M
Net Income	-20.29M	-21.07M	-46.84M	6.05M	8.09M
Balance Sheet
Total Assets	443.44M	538.29M	521.03M	494.22M	306.66M
Cash, Cash Equivalents and Short-Term Investments	15.82M	97.23M	82.86M	92.63M	31.49M
Total Debt	249.03M	315.66M	312.63M	300.46M	172.18M
Total Liabilities	496.04M	549.96M	485.70M	446.80M	256.97M
Stockholders Equity	-214.16M	-195.74M	46.46M	-5.12M	210.36M
Cash Flow
Free Cash Flow	-20.15M	-68.09M	-95.76M	-121.95M	-67.01M
Operating Cash Flow	21.14M	-10.93M	8.66M	45.64M	-1.06M
Investing Cash Flow	70.40M	-7.87M	-62.03M	-167.27M	-70.79M
Financing Cash Flow	-85.06M	38.87M	41.81M	123.67M	21.21M

flyExclusive Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLYX, the sentiment is Negative. The current price of 3.92 is above the 20-day moving average (MA) of 3.77, below the 50-day MA of 4.23, and above the 200-day MA of 3.30, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 40.20 is Neutral, neither overbought nor oversold. The STOCH value of 48.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLYX.

flyExclusive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNCY	68 Neutral	$659.46M	11.73	9.99%	―	4.27%	28.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ASLE	57 Neutral	$289.69M	47.37	1.35%	―	-1.64%	1966.67%
MESA	47 Neutral	$55.26M	-0.31	-378.73%	―	-14.62%	-86.07%
FLYX	45 Neutral	$254.81M	―	―	―	―	―
ULCC	44 Neutral	$899.78M	―	-27.87%	―	1.77%	-1964.48%
SRFM	42 Neutral	$134.47M	―	―	―	-3.95%	85.63%

flyExclusive Corporate Events

flyExclusive Expands Through Strategic Acquisition and Agreement

On October 1, 2025, flyExclusive entered into a Fourth Amendment to its Aircraft Management Services Agreement with Volato Group, allowing flyExclusive to purchase certain aviation-related assets from Volato and assume related obligations. The amendment also extended the agreement’s term and involved a $4.1 million payment from flyExclusive to Volato, partially in Class A common stock. Additionally, flyExclusive announced a strategic acquisition of Volato’s aircraft sales division and secured rights to acquire Volato’s Vaunt Platform and Mission Control software, enhancing its service offerings and positioning for growth in the aviation sector.

The most recent analyst rating on (FLYX) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on flyExclusive stock, see the FLYX Stock Forecast page.

flyExclusive Expands Stock Plans to Boost Engagement

On September 10, 2025, flyExclusive, Inc.’s board of directors approved amendments to the company’s Employee Stock Purchase Plan and 2023 Equity Incentive Plan. These amendments increased the number of shares reserved for issuance under the plans, with the ESPP increasing from 1.5 million to 2.5 million shares and the Equity Incentive Plan from 6 million to 15 million shares. This move is likely aimed at enhancing employee engagement and retention, potentially strengthening the company’s position in the competitive private aviation market.

The most recent analyst rating on (FLYX) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on flyExclusive stock, see the FLYX Stock Forecast page.

FlyExclusive’s Earnings Call: Fleet Modernization and Growth

FlyExclusive, Inc. recently held its earnings call, revealing a blend of achievements and challenges. The company showcased significant strides in fleet modernization, operational efficiency, and revenue growth. Despite these positive developments, the company faced hurdles with an adjusted EBITDA loss and increased accounts payable. Overall, FlyExclusive demonstrated strong positive momentum and expressed optimism for further improvements.