ROTH MKM initiated coverage on Flux Power Hldgs. with a new price target
$FLUX
Industrial Machinery/Components
Miscellaneous
ROTH MKM initiated coverage of Flux Power Hldgs. with a rating of Buy and set a new price target of $10.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/6/2024 | $10.00 | Buy | ROTH MKM |
| 2/11/2022 | $12.00 → $8.00 | Buy | EF Hutton |
| 10/5/2021 | $15.00 | Buy | HC Wainwright & Co. |
Mr. Dutt to Retire Upon Appointment of Successor, and Remain with the Company through the Search and Transition Period Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company's Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, "It has been my honor to ser
Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today provided an update regarding its previously discussed restatement process and subsequent SEC filings for the fiscal fourth quarter and year ended June 30, 2024, and the fiscal first quarter ended September 30, 2024. On September 5, 2024, Flux announced that it had identified approximately $1.7 million of excess and obsolete inventory primarily related to product innovation and design of its products during a period of rapid growth over the last several years. A further detailed review of this and related items has resulted
Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on October 16, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, with the Securities and Exchange Commission ("SEC"). This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq. Under the Nasdaq r
4 - Flux Power Holdings, Inc. (0001083743) (Issuer)
4 - Flux Power Holdings, Inc. (0001083743) (Issuer)
4/A - Flux Power Holdings, Inc. (0001083743) (Issuer)
UL Listed Heavy-Duty Battery Packs Feature Patented SkyBMS Telematics And Active Cooling/Heating; Available In 630 Ah And 840 Ah Capacities; Approved By Major OEM In Material Handling Industry
Gainers New Horizon Aircraft (NASDAQ:HOVR) shares moved upwards by 59.7% to $1.15 during Friday's after-market session. The market value of their outstanding shares is at $20.9 million. Volato Group (AMEX:SOAR) shares rose 6.65% to $0.8. The market value of their outstanding shares is at $23.4 million. Flux Power Holdings (NASDAQ:FLUX) shares increased by 5.0% to $2.94. The company's market cap stands at $49.0 million. Complete Solaria (NASDAQ:CSLR) stock increased by 4.76% to $1.54. The company's market cap stands at $75.6 million. NeoVolta (NASDAQ:NEOV) stock increased by 4.64% to $2.48. The company's market cap stands at $82.4 million. FTC Solar (NASDAQ:FTCI) stock moved upwards by
Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2024. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Kevin Royal will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To access th
Operational Initiatives Result in Improvement in Gross Margins to 31% Revenue Increased 7% to Quarterly Record of $18.3 Million Adjusted EBITDA Improved to Positive $0.3M Moving Toward Cash Flow Breakeven Backlog was $29.7M as of February 1, 2024 Management to Host Conference Call Today at 4:30 p.m. Eastern Time Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal second quarter ended December 31, 2023. Key Financial FY 2024 Second Quarter and Subsequent Operational Highlights and Business Update ($ mil
Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2023. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. T
SC 13G/A - Flux Power Holdings, Inc. (0001083743) (Subject)
SC 13D - Flux Power Holdings, Inc. (0001083743) (Subject)
SC 13G/A - Flux Power Holdings, Inc. (0001083743) (Subject)
8-K - Flux Power Holdings, Inc. (0001083743) (Filer)
8-K - Flux Power Holdings, Inc. (0001083743) (Filer)
NT 10-Q - Flux Power Holdings, Inc. (0001083743) (Filer)
Mr. Dutt to Retire Upon Appointment of Successor, and Remain with the Company through the Search and Transition Period Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company's Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, "It has been my honor to ser
30-Year Global Supply Chain Executive at Fortune 500 Consumer Brands to Advance Company's New Strategic Growth Initiatives Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Mark Leposky, a senior-level executive and entrepreneur, to its Board of Directors as an independent director, effective April 18, 2024. Mr. Leposky will also serve as a member of the Audit Committee, Compensation Committee, and Nominating Committee. Mark Leposky has over 30 years of experience leading, transforming, growing, and turning around consumer product and service
Veteran Financial Leader to Fortune 500 Technology Companies to Lead Next Phase of Company Growth Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company's strong financial performance and inflection point. Mr. Scheiwe will remain with Flux Power in a consulting role for the near term to help facilitate the transition. Kevin Royal brings over 20 years of experience as a C
ROTH MKM initiated coverage of Flux Power Hldgs. with a rating of Buy and set a new price target of $10.00
EF Hutton reiterated coverage of Flux Power Holdings with a rating of Buy and set a new price target of $8.00 from $12.00 previously
HC Wainwright & Co. initiated coverage of Flux Power Holdings with a rating of Buy and set a new price target of $15.00