In recent trading session, Fluence Energy Inc (NASDAQ:FLNC) saw 0.57 million shares changing hands at last check today with its beta currently measuring 2.43. Company’s recent per share price level of $15.42 trading at $0.42 or 2.80% at last check today assigns it a market valuation of $2.79B. That most recent trading price of FLNC’s stock is at a discount of -69.39% from its 52-week high price of $26.12 and is indicating a premium of 17.38% from its 52-week low price of $12.74. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.11 million shares which gives us an average trading volume of 2.49 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 1.48. Splitting up the data highlights that, out of 16 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.23 in the current quarter.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Upright in the green today for gaining 2.80%, in the last five days FLNC remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $15.42 price level, adding 12.93% to its value on the day. Fluence Energy Inc’s shares saw a change of -35.35% in year-to-date performance and have moved -10.20% in past 5-day. Fluence Energy Inc (NASDAQ:FLNC) showed a performance of -29.62% in past 30-days. Number of shares sold short was 11.03 million shares which calculate 7.81 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 40.69% to its recent value today. Analysts have been projecting 24 as a low price target for the stock while placing it at a high target of 28. It follows that stock’s current price would drop -55.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -55.64% 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 -17.19% of value to its shares in past 6 months, showing an annual growth rate of 307.69% while that of industry is -3.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 45.12% from the last financial year’s standing.
15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 375.22M for the same. And 14 analysts are in estimates of company making revenue of 480.9M in the next quarter. Company posted 363.96M and 623.14M of sales in current and next quarters respectively a year earlier.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
Insiders are in possession of 31.18% of company’s total shares while institution are holding 75.64 percent of that, with stock having share float percentage of 109.92%. Investors also watch the number of corporate investors in a company very closely, which is 75.64% 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 2024-06-30, it was holding 31.3285 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 2024-06-30. The number of shares represents firm’s hold over 9.2722 of outstanding shares, having a total worth of $203.94 million.
