FLYE

Company Overview — What Does Fly-E Group, Inc. Do?

We are an electric vehicle (“EV”) company that is principally engaged in designing, installing and selling smart electric motorcycles (“E-motorcycles”), electric bikes (“E-bikes”), electric scooters (“E-scooters”) and related accessories under the brand “Fly E-Bike.” At Fly E-Bike, our commitment is to encourage people to incorporate eco-friendly transportation into their active lifestyles, ultimately contributing towards building a more environmentally friendly future. Fly E-Bike was established in 2018 with its first store opened in New York. Our business has grown rapidly since then and we are now one of the leading providers of E-bikes for food delivery workers in New York City. As of May 3, 2024, we have 39 retail stores, including 38 stores in the United States and one store in Canada. We plan to expand our presence in the United States and extend our business into South America and Europe in the future. We also sell our products through our online store at flyebike.com. We have a diversified product portfolio that is designed to satisfy the various demands of our customers and address different urban travel scenarios. Additionally, we aim to refresh our product offerings continuously to align with evolving market trends. As of May 3, 2024, we offered 21 E-motorcycle products, 21 E-bike products and 34 E-scooter products. We are currently developing the Fly E-Bike app, which is a management service mobile software for our EVs. We aim to design an app that will bring users a comprehensive intelligent experience to create a safer and more satisfying riding life. The development of the app is still in its preliminary stage. We have launched a testing version of the app, which is currently unavailable to our customers. We source a significant portion of our vehicle components from China and the United States, and then assemble them into our vehicles in a leased facility located in Brooklyn, New York. In the year ended March 31, 2023, we produced 2,039 E-motorcycles, 5,953 E-bikes and 2,279 E-scooters in this facility. For the year ended March 31, 2024, we produced 8,390 E-motorcycles, 7,638 E-bikes and 3,171 E-scooters at the same facility. In response to the increasing demand for our products, we are currently looking to lease a larger assembling facility to replace our current facility in the near future. Our principal executive office is located at 136-40 39th Avenue, Flushing, NY. Fly-E Group, Inc. (FLYE) is classified as a micro-cap stock in the Consumer Discretionary sector, specifically within the Automobiles And Trucks industry. The company is led by CEO Zhou Ou, headquartered in QUEENS, New York. With a market capitalization of $4M, FLYE is one of the notable companies in the Consumer Discretionary sector.

Fly-E Group, Inc. (FLYE) Stock Rating — Reduce (April 2026)

As of April 2026, Fly-E Group, Inc. receives a Reduce rating with a composite score of 40.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.FLYE ranks #2,235 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, Fly-E Group, Inc. ranks #216 of 442 stocks, placing it in the upper half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FLYE Stock Price and 52-Week Range

Fly-E Group, Inc. (FLYE) currently trades at $2.06. The stock lost $0.22 (9.6%) in the most recent trading session. The 52-week high for FLYE is $21.80, which means the stock is currently trading -90.6% from its annual peak. The 52-week low is $0.33, putting the stock 525.8% above its annual trough. Recent trading volume was 23K shares, suggesting relatively thin trading activity.

Is FLYE Overvalued or Undervalued? — Valuation Analysis

Fly-E Group, Inc. (FLYE) carries a value factor score of 17/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.23x, versus the sector average of 1.99x. The price-to-sales ratio is 0.16x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, FLYE trades at 3.09x EV/EBITDA, versus 4.91x for the sector.

At current multiples, Fly-E Group, Inc. trades at a premium to most Consumer Discretionary peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Fly-E Group, Inc. Profitability — ROE, Margins, and Quality Score

Fly-E Group, Inc. (FLYE) earns a quality factor score of 28/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -36.7%, compared to the Consumer Discretionary sector average of 6.2%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -17.7% versus the sector average of 2.5%.

On a margin basis, Fly-E Group, Inc. reports gross margins of 38.8%, compared to 36.9% for the sector. The operating margin is -22.4% (sector: 3.8%). Net profit margin stands at -28.0%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -42.7% on a trailing basis, compared to 3.3% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

FLYE Debt, Balance Sheet, and Financial Health

Fly-E Group, Inc. has a debt-to-equity ratio of 1.0%, compared to the Consumer Discretionary sector average of 89.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.95x, suggesting adequate working capital coverage. Total debt on the balance sheet is $200,000.

FLYE has a beta of -3.63, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Fly-E Group, Inc. is 30/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Fly-E Group, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Fly-E Group, Inc. reported revenue of $22M and earnings per share (EPS) of $-2.18. Net income for the quarter was $-6M. Gross margin was 38.8%. Operating income came in at $-5M.

In Q2 2026, Fly-E Group, Inc. reported revenue of $4M and earnings per share (EPS) of $-2.18. Net income for the quarter was $-2M. Gross margin was 25.0%. Revenue grew -42.7% year-over-year compared to Q2 2025. Operating income came in at $-1M.

In Q1 2026, Fly-E Group, Inc. reported revenue of $5M and earnings per share (EPS) of $-0.30. Net income for the quarter was $-2M. Gross margin was 42.4%. Revenue grew -32.3% year-over-year compared to Q1 2025. Operating income came in at $-2M.

In FY 2025, Fly-E Group, Inc. reported revenue of $25M and earnings per share (EPS) of $-1.10. Net income for the quarter was $-5M. Gross margin was 41.1%. Operating income came in at $-5M.

Over the past 8 quarters, Fly-E Group, Inc. has demonstrated a growth trajectory, with revenue expanding from $8M to $22M. Investors analyzing FLYE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FLYE Dividend Yield and Income Analysis

Fly-E Group, Inc. (FLYE) does not currently pay a dividend. This is common among smaller companies in the Automobiles And Trucks industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.

FLYE Momentum and Technical Analysis Profile

Fly-E Group, Inc. (FLYE) has a momentum factor score of 64/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 39/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 69/100 reflects moderate short selling activity.

FLYE vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison

Within the Consumer Discretionary sector, Fly-E Group, Inc. (FLYE) ranks #216 out of 442 stocks based on the Blank Capital composite score. This places FLYE in the upper half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.

Comparing FLYE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FLYE vs S&P 500 (SPY) comparison to assess how Fly-E Group, Inc. stacks up against the broader market across all factor dimensions.

FLYE Next Earnings Date

No upcoming earnings date has been announced for Fly-E Group, Inc. (FLYE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FLYE? — Investment Thesis Summary

The quantitative profile for Fly-E Group, Inc. suggests caution. The quality score of 28/100 flags below-average profitability. The value score of 17/100 indicates premium valuation. Price momentum is positive at 64/100, suggesting the trend favors buyers. High volatility (stability score 30/100) increases portfolio risk.

In summary, Fly-E Group, Inc. (FLYE) earns a Reduce rating with a composite score of 40.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FLYE stock.

Related Resources for FLYE Investors

Explore more research and tools: FLYE vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FLYE head-to-head with peers: FLYE vs MCRI, FLYE vs CASY, FLYE vs IMKTA.