flyExclusive, Inc.

flyExclusive, Inc. Stock Forecast & Price Prediction

Live flyExclusive, Inc. Stock (FLYX) Price
$2.15

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.15

P/E Ratio

-3.52

Volume Traded Today

$33,000

Dividend

Dividends not available for FLYX

52 Week High/low

24.21/1.79

flyExclusive, Inc. Market Cap

$299.6M

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FLYX Summary

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.

FLYX Analyst Ratings

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.

FLYX stock forecast by analyst

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

FLYX Company Information

What They Do: Operates private jets and charter services.

Business Model: The company generates revenue through ownership and operation of private jets, offering jet charter services, and providing maintenance and refurbishment services. Additionally, it has a jet club program, partnership program, and fractional ownership options that contribute to its earnings.

Other Information: flyExclusive, Inc. is headquartered in Kinston, North Carolina, and operates primarily in North America, positioning itself as a versatile player in the private aviation market.
FLYX
flyExclusive, Inc. (FLYX)

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

flyExclusive, Inc. (FLYX) Financial Data

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

$121.0M

Revenue From 2021

$208.3M

72.07 %
From Previous Year

Revenue From 2022

$320.0M

53.66 %
From Previous Year

Revenue From 2023

$315.4M

-1.46 %
From Previous Year
  • Revenue TTM $297.0M
  • Operating Margin TTM -27.7%
  • Gross profit TTM $24.2M
  • Return on assets TTM -12.4%
  • Return on equity TTM -3,446.5%
  • Profit Margin -18.9%
  • Book Value Per Share -8.36%
  • Market capitalisation $299.6M
  • Revenue for 2021 $208.3M
  • Revenue for 2022 $320.0M
  • Revenue for 2023 $315.4M
  • EPS this year (TTM) $-0.74

flyExclusive, Inc. (FLYX) Latest News

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Tue, 24 Sep 2024

Sentiment - POSITIVE

Source - Benzinga

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.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Wed, 04 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 15 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 14 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

FLYX Frequently asked questions

The highest forecasted price for FLYX is $ from Marvin Fong at BTIG.

The lowest forecasted price for FLYX is $ from Marvin Fong from BTIG

The FLYX analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.