Fluence Energy, Inc. (NASDAQ:FLNC – Free Report) – Analysts at Seaport Res Ptn lowered their FY2024 EPS estimates for shares of Fluence Energy in a research note issued on Thursday, July 11th. Seaport Res Ptn analyst T. Curran now expects that the company will earn $0.07 per share for the year, down from their prior estimate of $0.11. The consensus estimate for Fluence Energy’s current full-year earnings is $0.11 per share. Seaport Res Ptn also issued estimates for Fluence Energy’s Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.23 EPS and FY2025 earnings at $0.74 EPS.
Several other research firms have also issued reports on FLNC. Guggenheim lowered Fluence Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, June 6th. Raymond James raised shares of Fluence Energy from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a report on Wednesday, April 3rd. Scotiabank raised shares of Fluence Energy to a “hold” rating in a research note on Friday. Royal Bank of Canada reiterated an “outperform” rating and issued a $29.00 target price on shares of Fluence Energy in a research note on Friday, June 14th. Finally, Evercore ISI decreased their price target on Fluence Energy from $59.00 to $47.00 and set an “outperform” rating on the stock in a research report on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fluence Energy currently has an average rating of “Moderate Buy” and a consensus price target of $27.94.
View Our Latest Report on FLNC
Fluence Energy Price Performance
Fluence Energy stock opened at $18.54 on Monday. The business has a 50 day simple moving average of $20.05 and a 200 day simple moving average of $18.79. The company has a market capitalization of $3.33 billion, a PE ratio of -47.54 and a beta of 2.50. Fluence Energy has a one year low of $13.03 and a one year high of $31.32.
Fluence Energy (NASDAQ:FLNC – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). The firm had revenue of $623.14 million during the quarter, compared to analyst estimates of $538.42 million. Fluence Energy had a negative net margin of 2.10% and a negative return on equity of 8.48%. The company’s quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.21) earnings per share.
Hedge Funds Weigh In On Fluence Energy
Several large investors have recently bought and sold shares of FLNC. Pflug Koory LLC bought a new stake in shares of Fluence Energy in the 1st quarter valued at about $35,000. Quarry LP acquired a new stake in Fluence Energy in the fourth quarter worth $38,000. Baillie Gifford & Co. acquired a new stake in Fluence Energy in the first quarter worth $38,000. GAMMA Investing LLC boosted its position in shares of Fluence Energy by 264.9% during the second quarter. GAMMA Investing LLC now owns 2,956 shares of the company’s stock worth $51,000 after purchasing an additional 2,146 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in shares of Fluence Energy in the 4th quarter valued at $60,000. 53.16% of the stock is currently owned by institutional investors and hedge funds.
About Fluence Energy
Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.
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