Should I Buy FLYE? FLYE 2026 Analysis

Should You Buy Fly-E Group Inc (FLYE) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Sell

Latest Price

5.700

1 Day change

-5.16%

52 Week Range

161.800

Analysis Updated At

2026/01/28

FLYE is not a good buy right now for a beginner, long-term investor with $50k–$100k who wants to act immediately. The stock is in a clear bearish trend (downtrend across key moving averages with worsening MACD), and the latest quarter shows sharp revenue and gross margin deterioration. With no fresh news catalysts, no supportive trading signals, and weak near-term trend odds (model points to a negative next week), the risk/reward is unfavorable today. If you already own it, this setup favors reducing/avoiding exposure rather than adding.

Technical Analysis

Price/Trend: Last close ~$5.90 (below key pivot 6.681) with bearish moving-average stack (SMA_200 > SMA_20 > SMA_5), signaling a sustained downtrend. Momentum: MACD histogram -0.136 and negatively expanding (bearish momentum strengthening). RSI: RSI_6 ~26.6 (oversold/near-oversold conditions), which can allow short bounces, but oversold alone is not a durable long-term buy signal when the trend and MACD are bearish. Levels: Immediate support S1 ~5.795 (price is hovering just above it). If that breaks, next support S2 ~5.248. Resistance levels are pivot 6.681 then R1 7.568. Pattern-based outlook: Similar-pattern stats imply ~+0.73% next day, -4.08% next week, +6.62% next month—near-term skew is still negative. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Positive Catalysts

No news in the last week (no immediate negative headline overhang).
Loss is narrowing YoY (net income less negative), and EPS improved YoY, which can help sentiment if revenue stabilizes.
RSI is low (near-oversold), which can sometimes trigger a short-term technical bounce.

Neutral/Negative Catalysts

Latest quarter shows major top-line weakness: revenue down -42.72% YoY (2026/Q2).
Profitability pressure: gross margin down to 24.98%, -41.31% YoY.
Technical trend is decisively bearish (SMA_200 > SMA_20 > SMA_5) with MACD momentum worsening.
No recent news catalysts to change the narrative.
Neutral hedge fund/insider trend signals offer no confirmation of accumulation.

Financial Performance

Latest quarter: 2026/Q2. Revenue: 3,908,862, down -42.72% YoY (material contraction). Net income: -1,776,125 (still a loss) but improved YoY by 55.41% (loss narrowing). EPS: -43.64, improved YoY (data shows +838.49% YoY, indicating a large improvement from a worse prior period, but still deeply negative). Gross margin: 24.98%, down -41.31% YoY (margin compression + weaker pricing/power or higher costs). Overall: improvements in losses/EPS are outweighed by severe revenue decline and shrinking margins—unfavorable for a long-term buy today.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price-target change data was provided, so there is no observable recent trend in upgrades/downgrades or target revisions. Wall Street pros/cons cannot be reliably summarized from the given dataset.

Analyst Rating

Wall Street analysts forecast FLYE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLYE is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold