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

3.460

1 Day change

-19.72%

52 Week Range

161.800

Analysis Updated At

2026/02/04

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Not a good buy right now: price is in a clear downtrend and just broke below the near-term support zone, which is unfavorable for an impatient buyer.
No Intellectia buy signals (AI Stock Picker/SwingMax) to justify stepping in aggressively.
Fundamentals are deteriorating (large YoY revenue and margin decline), and there are no near-term news catalysts to reverse sentiment.
Best stance right now is to avoid/new buy and treat as a sell/skip until the chart reclaims key levels (back above ~5.21 and ideally the pivot ~6.14).

Technical Analysis

Trend: Bearish (SMA_200 > SMA_20 > SMA_5), confirming persistent downside momentum.
MACD: Histogram -0.166 and still below zero (bearish). “Negatively contracting” suggests downside momentum is easing, but not yet reversed.
RSI(6): 25.37 (functionally oversold). This can create short bounces, but oversold alone is not a buy signal in a strong downtrend.
Key levels: Price ~~5.12 is below S1 (5.215), implying a breakdown risk toward S2 (~~4.646). Resistance levels overhead: pivot 6.136 then R1 7.056.
Pattern-based outlook provided: +1.75% next day (high probability), flat next week (-0.04%), +5.72% next month—these potential gains are modest versus the technical breakdown risk.

Intellectia Proprietary Trading Signals

AI Stock Picker: no signal on given stock today.
SwingMax: No signal on given stock recently.

Positive Catalysts

- Oversold RSI can trigger a short-term rebound attempt.
- MACD downside pressure appears to be easing (still bearish, but lessening), which sometimes precedes a bounce.
- Quant/pattern study indicates a positive 1-month drift (+5.72%), though not strong enough to override the primary downtrend by itself.

Neutral/Negative Catalysts

- Strong bearish structure (all major moving averages stacked bearishly).
- Price is trading below the nearby support (S1 ~~5.215), increasing probability of a move toward S2 (~~4.646).
- No news in the past week (no obvious event-driven catalyst to change sentiment).
- Institutional/insider trend read is neutral (no supportive accumulation signal).
- No recent congress trading data available (no political-flow tailwind).

Financial Performance

Latest quarter: 2026/Q2.
Revenue: 3,908,862, down -42.72% YoY (sharp contraction).
Net income: -1,776,125 (still a loss), improved +55.41% YoY.
EPS: -43.64, improved +838.49% YoY (improvement off a weak base, but still deeply negative).
Gross margin: 24.98, down -41.31% YoY (profitability pressure).
Overall: financial trend shows meaningful top-line and margin deterioration, which typically weighs on sentiment and supports the bearish tape.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating/price target change data was provided, so a clear Wall Street consensus view cannot be confirmed from the dataset.
Practical read given available inputs: without upgrades/targets and with weak growth/margins, the “pro” case is mainly a technical oversold bounce; the “con” case is the dominant downtrend plus deteriorating operating performance.

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