Short Term Estimates And Forecasts For Fluence Energy Inc (FLNC)

Fluence Energy Inc (NASDAQ:FLNC) has a beta value of 2.54 and has seen 0.44 million shares traded in the recent trading session. The company, currently valued at $2.21B, closed the recent trade at $17.41 per share which meant it gained $0.56 on the day or 3.29% during that session. The FLNC stock price is -79.9% off its 52-week high price of $31.32 and 25.16% above the 52-week low of $13.03. The 3-month trading volume is 2.35 million shares.

Fluence Energy Inc (NASDAQ:FLNC) trade information

Sporting 3.29% in the green today, the stock has traded in the green over the last five days, when the FLNC stock price touched $17.41 or saw a rise of 2.19%. Year-to-date, Fluence Energy Inc shares have moved -27.02%, while the 5-day performance has seen it change 10.93%. Over the past 30 days, the shares of Fluence Energy Inc (NASDAQ:FLNC) have changed 0.37%.

Fluence Energy Inc (FLNC) estimates and forecasts

Figures show that Fluence Energy Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -6.53% over the past 6 months, with this year growth rate of 123.33%, compared to 8.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 36.40% and 170.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 34.00%.

16 analysts offering their estimates for the company have set an average revenue estimate of $578.76 million for the current quarter. 15 have an estimated revenue figure of $954.79 million for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 10.91% over the past 5 years.

FLNC Dividends

Fluence Energy Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.