From what 0 stock analysts predict, the share price for flyExclusive, Inc. (FLYX) might decrease by 100% in the next year. This is based on a 12-month average estimation for FLYX. Price targets go from $ to $. The majority of stock analysts believe FLYX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned FLYX 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect flyExclusive, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FLYX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of FLYX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Marvin Fong BTIG | Neutral | Downgrade | Feb 22, 2024 | |
Marvin Fong BTIG | Buy | $9 | Initiates | Jan 23, 2024 |
When did it IPO
2023
Staff Count
0
Country
United States
Sector/Industry
Industrials/Airlines
CEO
Mr. Thomas James Segrave Jr.
Market Cap
$299.6M
In 2023, FLYX generated $315.4M in revenue, which was a decrease of -1.46% from the previous year. This can be seen as a signal that FLYX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - flyExclusive, Inc. (NYSEAMERICAN: FLYX) announced new leadership appointments: Brad Garner as CFO, Matt Lesmeister as COO, and Mike Guina as CCO, effective immediately.
Why It Matters - Leadership changes can signal a strategic shift or renewed focus within a company, impacting operational efficiency and financial performance, which are critical for stock valuation.
Summary - The industrials sector has identified oversold stocks, indicating potential opportunities for investors to buy undervalued companies.
Why It Matters - Oversold stocks in the industrials sector indicate potential value investments, suggesting possible price recoveries and higher returns for savvy investors.
Summary - flyExclusive (NYSEAMERICAN: FLYX) has signed an Aircraft Management Services Agreement with Volato Group, enhancing its service offerings and potential value for clients.
Why It Matters - The partnership with Volato enhances flyExclusive's service offerings and market positioning, potentially driving revenue growth and attracting more clients, which is favorable for investors.
Summary - Volato has partnered with flyExclusive to manage its HondaJet fleet operations, aiming for cost savings and a focus on aircraft sales and software development.
Why It Matters - Volato's fleet management transition to flyExclusive signals potential cost savings and a strategic shift towards growth areas, which may enhance profitability and investor confidence.
Summary - flyExclusive, Inc. (NYSE:FLYX) will hold its Q2 2024 Earnings Conference Call on August 14, 2024, at 5:00 PM ET, featuring key executives including the CEO and CFO.
Why It Matters - The earnings call provides insights into flyExclusive's financial performance and future outlook, influencing investor sentiment and stock valuation.
Summary - flyExclusive, Inc. (NYSEAMERICAN: FLYX) released its Q2 2024 financial results via Form 10-Q. A conference call to discuss these results is scheduled for today at 5:00 pm ET.
Why It Matters - flyExclusive's Q2 2024 financial results may impact stock performance, influencing investor sentiment and market valuation. The conference call could provide insights into future growth and risks.