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NASDAQ:FLNC

Fluence Energy (FLNC) Stock Price, News & Analysis

$23.25
+3.04 (+15.04%)
(As of 05/24/2024 ET)
Today's Range
$20.21
$23.88
50-Day Range
$14.15
$23.25
52-Week Range
$13.03
$31.32
Volume
6.10 million shs
Average Volume
2.41 million shs
Market Capitalization
$4.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.06

Fluence Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
25.0% Upside
$29.06 Price Target
Short Interest
Bearish
7.51% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of Fluence Energy in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
435.71%
From $0.14 to $0.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.91 out of 5 stars

Oils/Energy Sector

149th out of 245 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

10th out of 25 stocks

FLNC stock logo

About Fluence Energy Stock (NASDAQ:FLNC)

Fluence Energy, Inc. is a global leader in energy storage solutions, providing technology and services to customers in over 20 countries. The company was founded in 2018 as a joint venture between Siemens AG and The AES Corporation. Fluence Energy's mission is to transform how the world generates, stores, and uses energy to create a more sustainable future. The company provides energy storage solutions that allow customers to manage their energy supply more efficiently, reduce costs and increase resilience.

Fluence Energy's products and services include energy storage systems, control software, and services for customers in various industries, including utilities, renewable energy, commercial and industrial, and data centers. The company has over 300 energy storage projects installed worldwide, representing over 2.5 GW of installed capacity. Some of Fluence Energy's key customers include Arizona Public Service, Duke Energy, and Tesla.

Fluence Energy's leadership team comprises experienced executives with deep expertise in energy and technology. Julian Nebreda is the President and Chief Executive Officer. Before becoming CEO, Mr. Nebreda was the South African Strategic Business Unit president at The AES Corporation. 

Fluence Energy's revenue has grown steadily over the past few years, with the company reporting 15% - 20% increases yearly. The company's gross profit margin has also improved, averaging around 25%. Fluence Energy has yet to be profitable, reporting nominal net income losses yearly; however, it is important to note that during this same period, revenue reported has increased from under $100 million to over $1 billion. This correlates to an increase in total assets mirroring the revenue increase. 

Fluence Energy's stock has performance paralleled industry peers and is relatively volatile, reflecting changes in the energy markets. The company has a market capitalization of approximately $3.5 billion and a price-to-sales ratio on par with industry peers. 

The energy storage market is rapidly growing, with increasing demand for energy storage solutions to support the integration of renewable energy sources into the grid. The market is highly competitive, with several established players, including Tesla, LG Chem, and Samsung SDI. Fluence Energy has a competitive position in the market, with a well-established brand, a broad product portfolio, and a robust global presence.

Fluence Energy has several growth opportunities in the coming years, driven by increasing demand for energy storage solutions and the company's focus on innovation and technology development. The company has recently announced several large energy storage projects. Fluence Energy is also expanding its product portfolio, focusing on developing new energy storage technologies and control software.

While Fluence Energy has positioned itself to capitalize on the growing demand for energy storage solutions, the company faces many risks and challenges that could impact its future growth prospects.

The energy storage market is highly competitive, with established players already operating in the space, including Tesla, LG Chem, and Siemens already operating in the space. These companies have significant resources and established relationships with key customers, which could make it difficult for Fluence to win new business and maintain market share.

Another risk is the regulatory environment. The energy storage industry is subject to complex regulations, including environmental and safety standards, building codes, and interconnection requirements. Changes in these regulations could significantly impact the company's ability to operate in specific markets, and compliance with these regulations could add additional costs and complexities to Fluence's operations.

In addition to regulatory risks, there are also macroeconomic risks that could impact the company's performance. Economic downturns could reduce demand for energy storage solutions. At the same time, geopolitical events or trade disputes could disrupt global supply chains, increasing costs and impacting the company's ability to deliver products and services to customers.

To mitigate these risks, Fluence has implemented a number of strategies. The company has invested heavily in research and development to continue innovating and improving its products and services, expanding into new markets, and diversifying its customer base. Additionally, the company has a strong balance sheet, with manageable debt and notable cash reserves, which provides a buffer against potential economic downturns or other challenges.

FLNC Stock Price History

FLNC Stock News Headlines

Fluence Energy In A Binary World
Fluence Energy (FLNC) Receives a Rating Update from a Top Analyst
Barclays Reaffirms Their Buy Rating on Fluence Energy (FLNC)
Fluence Releases Annual Sustainability Report
Evaluating Fluence Energy: Insights From 7 Financial Analysts
Fluence Energy: A Strong Buy After The Drop
GEV and FLNC are among utility movers
FLNC is among utility movers
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/25/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:FLNC
Fax
N/A
Employees
1,112
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.06
High Stock Price Target
$47.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+25.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
18 Analysts

Profitability

Net Income
$-69,620,000.00
Pretax Margin
-3.02%

Debt

Sales & Book Value

Annual Sales
$2.22 billion
Book Value
$2.96 per share

Miscellaneous

Free Float
177,901,000
Market Cap
$4.17 billion
Optionable
Optionable
Beta
2.48
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Key Executives

  • Mr. Julian Jose Nebreda Marquez (Age 57)
    President, CEO & Director
    Comp: $1.77M
  • Ms. Rebecca J. BollMs. Rebecca J. Boll (Age 51)
    Senior VP & Chief Product Officer
    Comp: $795.35k
  • Mr. Peter Bennett Williams (Age 61)
    Senior VP and Chief Supply Chain & Manufacturing Officer
    Comp: $456.09k
  • Mr. Ahmed Pasha (Age 55)
    Senior VP, CFO & Principal Financial Officer
  • Ms. Michelle Philpotas (Age 58)
    Chief Accounting Officer
  • Mr. Brett Galura
    Senior VP of Fluence Next & CTO
  • Lexington May
    Head of Investor Relations
  • Mr. Francis A. Fuselier
    Senior VP, General Counsel & Secretary
  • Ms. Larissa Cerqueira
    Chief Human Resources Officer & Senior VP
  • Mr. Marek Wolek
    SVP, Chief Strategy & Commercial Officer

FLNC Stock Analysis - Frequently Asked Questions

Should I buy or sell Fluence Energy stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fluence Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FLNC shares.
View FLNC analyst ratings
or view top-rated stocks.

What is Fluence Energy's stock price target for 2024?

18 Wall Street analysts have issued 12 month target prices for Fluence Energy's shares. Their FLNC share price targets range from $18.00 to $47.00. On average, they anticipate the company's share price to reach $29.06 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for FLNC
or view top-rated stocks among Wall Street analysts.

How have FLNC shares performed in 2024?

Fluence Energy's stock was trading at $23.85 on January 1st, 2024. Since then, FLNC stock has decreased by 2.5% and is now trading at $23.25.
View the best growth stocks for 2024 here
.

When is Fluence Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our FLNC earnings forecast
.

How were Fluence Energy's earnings last quarter?

Fluence Energy, Inc. (NASDAQ:FLNC) announced its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.07) EPS for the quarter, hitting analysts' consensus estimates of ($0.07). The firm had revenue of $623.14 million for the quarter, compared to the consensus estimate of $538.42 million. Fluence Energy had a negative trailing twelve-month return on equity of 8.48% and a negative net margin of 2.10%. The business's revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.21) EPS.

What guidance has Fluence Energy issued on next quarter's earnings?

Fluence Energy issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.7 billion-$3.3 billion, compared to the consensus revenue estimate of $3.0 billion.

When did Fluence Energy IPO?

Fluence Energy (FLNC) raised $698 million in an initial public offering on Thursday, October 28th 2021. The company issued 31,000,000 shares at a price of $21.00-$24.00 per share.

Who are Fluence Energy's major shareholders?

Fluence Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.46%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.42%), Clearbridge Investments LLC (0.83%), Healthcare of Ontario Pension Plan Trust Fund (0.28%), SG Americas Securities LLC (0.13%) and Jupiter Asset Management Ltd. (0.10%). Insiders that own company stock include Carolee Couch, Cynthia A Arnold, Dennis Fehr, Julian Nebreda, Manuel Perez Dubuc, Rebecca Boll, Seyed Madaeni and Siemens Pension Trust E V.
View institutional ownership trends
.

How do I buy shares of Fluence Energy?

Shares of FLNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FLNC) was last updated on 5/25/2024 by MarketBeat.com Staff

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