Fluence Energy Inc (NASDAQ:FLNC)’s traded shares stood at 4.19 million during the last session, with the company’s beta value hitting 2.48. At the close of trading, the stock’s price was $6.15, to imply a decrease of -0.65% or -$0.04 in intraday trading. The FLNC share’s 52-week high remains $26.12, putting it -324.72% down since that peak but still an impressive 1.63% since price per share fell to its 52-week low of $6.05.
Analysts have given a consensus recommendation of Buy for Fluence Energy Inc (FLNC), translating to a mean rating of 2.21. Of 16 analyst(s) looking at the stock, 0 analyst(s) give FLNC a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 13 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.22.
Fluence Energy Inc (NASDAQ:FLNC) trade information
After registering a -0.65% downside in the last session, Fluence Energy Inc (FLNC) has traded red over the past five days. The 5-day price performance for the stock is -10.22%, and -55.08% over 30 days. With these gigs, the year-to-date price performance is -61.27%.
The extremes give us $24 and $28 for target low and target high price respectively. As such, FLNC has been trading -355.28% off suggested target high and -290.24% from its likely low.
Fluence Energy Inc (FLNC) estimates and forecasts
The rating firms project that company’s revenue will grow 23.44% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 332.18M. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 1.14B.Earnings reports from the last fiscal year show that sales brought in 623.14M and 483.32M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -46.69% before jumping 135.45% in the following quarter.
FLNC Dividends
Fluence Energy Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
The next major institution holding the largest number of shares is SIEMENS PENSION TRUST E V with 11.76 million shares, or about 9.1948% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $203.94 million.
