In last trading session, Fluence Energy Inc (NASDAQ:FLNC) saw 1.92 million shares changing hands with its beta currently measuring 2.48. Company’s recent per share price level of $15.58 trading at -$0.56 or -3.47% at ring of the bell on the day assigns it a market valuation of $1.99B. That closing price of FLNC’s stock is at a discount of -93.77% from its 52-week high price of $30.19 and is indicating a premium of 16.37% from its 52-week low price of $13.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.74 million shares which gives us an average trading volume of 2.72 million if we extend that period to 3-months.

For Fluence Energy Inc (FLNC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Fluence Energy Inc (NASDAQ:FLNC) trade information

Upright in the red during last session for losing -3.47%, in the last five days FLNC remained trading in the red while hitting it’s week-highest on Thursday, 07/18/24 when the stock touched $15.58 price level, adding 12.86% to its value on the day. Fluence Energy Inc’s shares saw a change of -34.68% in year-to-date performance and have moved -8.41% in past 5-day. Fluence Energy Inc (NASDAQ:FLNC) showed a performance of -16.33% in past 30-days. Number of shares sold short was 9.13 million shares which calculate 3.28 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 26 to the stock, which implies a rise of 40.08% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 47. It follows that stock’s current price would drop -15.53% in reaching the projected high whereas dropping to the targeted low would mean a loss of -15.53% for stock’s current value.

Fluence Energy Inc (FLNC) estimates and forecasts

Statistics highlight that Fluence Energy Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -28.40% of value to its shares in past 6 months, showing an annual growth rate of 115.00% while that of industry is 7.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.91% during past 5 years.

FLNC Dividends

Fluence Energy Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Fluence Energy Inc (NASDAQ:FLNC)’s Major holders

Insiders are in possession of 31.42% of company’s total shares while institution are holding 79.77 percent of that, with stock having share float percentage of 116.32%. Investors also watch the number of corporate investors in a company very closely, which is 79.77% institutions for Fluence Energy Inc that are currently holding shares of the company. SIEMENS AG is the top institutional holder at FLNC for having 39.74 million shares of worth $689.06 million. And as of 2024-03-31, it was holding 32.8107 of the company’s outstanding shares.

The second largest institutional holder is SIEMENS PENSION TRUST E V, which was holding about 11.76 million shares on 2024-03-31. The number of shares represents firm’s hold over 9.7109 of outstanding shares, having a total worth of $203.94 million.