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

Fly-E Group, Inc. is headquartered in Flushing, New York, and specializes in the design, installation, and distribution of smart electric motorcycles, electric bikes, electric scooters, and related accessories under its flagship brand, Fly E-Bike. Founded in 2018, the company serves customers in the United States and Canada with a portfolio that includes e-mopeds, e-tricycles, e-bikes, e-scooters, and traditional bicycles. Fly-E Group also sells spare parts, accessories, and upgrade components such as wheels, shock absorbers, brake calipers, and carbon fiber body panels. The company operates retail stores to provide direct customer accessibility and support its sustainable electric mobility products.

Between FY2022 and FY2026, Fly-E Group generated a 4-year revenue CAGR of 2.6%. Annual revenue expanded from $17.2M in FY2022 to a peak of $32.2M in FY2024, before contracting 21.0% in FY2025 to $25.4M and dropping 25.0% in FY2026 to $19.1M. Profitability deteriorated alongside falling top-line results; net income moved from $1.9M in FY2024 to -$5.3M in FY2025 and -$9.3M in FY2026. Gross margin fell to 24.4% in FY2026 from 41.1% in FY2025, while operating margin fell to -33.8%. Over the trailing twelve months, revenue reached $16.5M with an operating margin of -128.7%. For the latest quarter ended June 30, 2026, quarterly revenue dropped 48.4% year-over-year, while quarterly earnings growth was 1862.4%.

As of June 30, 2026, Fly-E Group had $60,281 in cash and short-term investments compared to $10.1M in total debt, resulting in net debt of $10.1M. The company reported total assets of $26.2M, shareholders' equity of $13.5M, a current ratio of 2.02, and a debt-to-equity ratio of 0.75. Cash generation has been negative in recent periods, with operating cash flow of -$13.8M and free cash flow of -$13.9M in FY2026. Capital expenditures totaled $74,609 in FY2026.

Fly-E Group closed at $2.66 on October 16, 2026, giving it a market capitalization of $4.3M and an enterprise value of $12.6M. The stock trades at a price-to-sales multiple of 0.3x, below the 0.7x median of its US-listed Consumer Cyclical peers. Its EV-to-EBITDA multiple is 11.3x, compared to the peer median of 11.1x, and its EV-to-revenue stands at 0.8x. Over the past year, FLYE shares declined 74.5% and dropped 60.0% year-to-date, while the S&P 500 (SPY) returned 16.8% over the trailing one-year period.

Fly-E Group has no tracked analyst price targets, ratings, or consensus earnings estimates available. Over the past 52 weeks, the stock has traded between a low of $1.22 and a high of $22.00, and it sits 3.6% above its 200-day moving average. Insider ownership is 4.7%, institutional investors hold 4.1% of shares, and short interest accounts for 2.8% of the float.

This page is an AI-written research summary of Fly-E Group, Inc. (FLYE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FLYE income statement, FLYE balance sheet, FLYE key metrics, FLYE chart. See the FLYE stock overview for the latest quote and news.