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Frequency Electronics (DE:98K)
NASDAQ:98K

Frequency Electronics (98K) Price & Analysis

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98K Stock Chart & Stats

€61.10
-€3.80(-5.86%)
At close: 4:00 PM EDT
€61.10
-€3.80(-5.86%)

Bulls Say, Bears Say

Bulls Say
Backlog And Bookings VisibilityThe $111 million funded backlog and exceptional bookings provide multi-year revenue visibility, supporting production planning and customer continuity. Strong order coverage can reduce dependence on short-cycle awards while programs convert into deliveries over the next several years.
Defense And Government DemandGrowing DoD and non-space government revenue broadens FEIM’s end-market exposure beyond commercial space. Contract wins in lunar, space-defense, satellite, and missile programs support durable demand for specialized, mission-critical timing products.
Conservative Balance SheetLow leverage and a substantial equity buffer give FEIM financial resilience while it scales production and funds working capital. The completed offering and new credit facility further improve flexibility, although the equity raise creates dilution.
Bears Say
Revenue And Profitability VolatilityRecent deterioration in revenue and margins follows losses in earlier fiscal years, showing inconsistent earnings power. Sustained underperformance would weaken operating leverage and make it harder to convert the large backlog into dependable profitability.
Unreliable Cash ConversionNegative free cash flow despite reported profitability in FY2025 indicates working-capital, investment, or execution demands are absorbing cash. If conversion remains weak, FEIM may rely more heavily on financing to support growth and production expansion.
Execution And Margin PressureThe restructuring, inventory write-down, and pre-revenue investments demonstrate execution complexity as FEIM shifts toward higher-rate production. Management’s 50% gross and 30% operating margin targets remain dependent on successful scale-up and cost absorption.

Frequency Electronics News

98K FAQ

What was Frequency Electronics’s price range in the past 12 months?
Frequency Electronics lowest stock price was €22.30 and its highest was €69.65 in the past 12 months.
    What is Frequency Electronics’s market cap?
    Frequency Electronics’s market cap is €604.31M.
      When is Frequency Electronics’s upcoming earnings report date?
      Frequency Electronics’s upcoming earnings report date is Sep 15, 2026 which is in 16 days.
        How were Frequency Electronics’s earnings last quarter?
        Frequency Electronics released its earnings results on Jul 15, 2026. The company reported -€0.432 earnings per share for the quarter, missing the consensus estimate of €0.229 by -€0.661.
          Is Frequency Electronics overvalued?
          According to Wall Street analysts Frequency Electronics’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Frequency Electronics pay dividends?
            Frequency Electronics does not currently pay dividends.
            What is Frequency Electronics’s EPS estimate?
            Frequency Electronics’s EPS estimate is 0.13.
              How many shares outstanding does Frequency Electronics have?
              Frequency Electronics has 10,957,034 shares outstanding.
                What happened to Frequency Electronics’s price movement after its last earnings report?
                Frequency Electronics reported an EPS of -€0.432 in its last earnings report, missing expectations of €0.229. Following the earnings report the stock price went down -6.994%.
                  Which hedge fund is a major shareholder of Frequency Electronics?
                  Currently, no hedge funds are holding shares in DE:98K
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Frequency Electronics

                    Frequency Electronics, Inc. (FEIM) is a firm dedicated to the design, development, production, and sale of highly precise timing and frequency control products and their associated components. These specialized items are primarily intended for microwave integrated circuit applications. The company's operations are divided into two main segments. The FEI-NY segment is responsible for advanced timekeeping, frequency generation, and synchronization systems, which find utility in communication satellites, ground-based cellular telecommunication stations, and other similar terrestrial installations. This segment also supplies bespoke components and systems to the United States military. Meanwhile, the FEI-Zyfer segment focuses on crafting precision navigation and timing solutions. These solutions predominantly leverage Global Positioning System (GPS) technologies and are integrated into diverse platforms such as radar systems, airborne SIGINT/COMINT intelligence-gathering platforms, information networks, specialized test equipment, military command and control terminals, and satellite ground stations. The array of products offered by Frequency Electronics supports a wide spectrum of clients, including commercial and governmental satellite programs, and is crucial for secure communications, comprehensive C4ISR (Command, Control, Communication, Computer, Intelligence, Security and Reconnaissance) initiatives, and electronic warfare operations undertaken by the U.S. government across land-based, maritime, and airborne systems. To reach its global customer base, the company employs both direct sales channels and collaborates with independent sales organizations situated throughout the United States, Europe, and Asia. Established in 1961, Frequency Electronics, Inc. maintains its corporate headquarters in Mitchel Field, New York.

                    Frequency Electronics (98K) Earnings & Revenues

                    98K Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented a constructive forward-looking picture: record bookings/backlog, a diversified pipeline across space and defense, clear multi-year revenue and margin targets (34% CAGR to $150M and gross/operating margin goals of 50%/30% by FY2029), and strategic investments already made to support scale. Near-term results were weighed down by a planned year of "digestion," pre-revenue engineering and process investments, a $3.8M inventory write-down related to FEI-Elcom restructuring, and several one-time charges that depressed reported margins and quarterly revenue. Management emphasized these were strategic, mostly non-recurring actions intended to position the company for higher-margin, higher-rate production and sustained growth, and expects revenue and cash generation to rebound in fiscal 2027.View all DE:98K earnings summaries

                    98K Stock 12 Month Forecast

                    Average Price Target

                    €73.36
                    ▲(20.07% Upside)
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