Fluence Energy Inc (NASDAQ:FLNC) has a beta value of 2.47 and has seen 6.63 million shares traded in the last trading session. The company, currently valued at $1.02B, closed the last trade at $5.60 per share which meant it gained $0.32 on the day or 6.06% during that session. The FLNC stock price is -366.43% off its 52-week high price of $26.12 and 14.64% above the 52-week low of $4.78.
The consensus among analysts is that Fluence Energy Inc (FLNC) is Buy stock at the moment, with a recommendation rating of 2.16. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 16 have rated it as a Hold, with 13 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.22.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Sporting 6.06% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FLNC stock price touched $5.60 or saw a rise of 4.76%. Year-to-date, Fluence Energy Inc shares have moved -64.74%, while the 5-day performance has seen it change -2.10%. Over the past 30 days, the shares of Fluence Energy Inc (NASDAQ:FLNC) have changed -53.10%.
Wall Street analysts have a consensus price target for the stock at $25, which means that the shares’ value could jump 77.6% from current levels. The projected low price target is $24.0 while the price target rests at a high of $28.0. In that case, then, we find that the current price level is -400.0% off the targeted high while a plunge would see the stock gain -328.57% from current levels.
Fluence Energy Inc (FLNC) estimates and forecasts
The company’s shares have lost -69.75% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 23.55%.
16 analysts offering their estimates for the company have set an average revenue estimate of 331.54M for the current quarter. 16 have an estimated revenue figure of 1.13B for the next ending quarter. Year-ago sales stood 623.14M and 483.32M respectively for this quarter and the next, and analysts expect sales will shrink by -46.80% for the current quarter and 23.55% for the next.
Earnings growth for 2025 is a modest -9.34% while over the next 5 years, the company’s earnings are expected to increase by 77.54%.
FLNC Dividends
Fluence Energy Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
The top two institutional holders are SIEMENS AG with over 39.74 million shares worth more than $689.06 million. As of 2024-06-30, SIEMENS AG held 31.0672% of shares outstanding.
The other major institutional holder is SIEMENS PENSION TRUST E V, with the holding of over 11.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $203.94 million and represent 9.1948% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Sep 30, 2024 , the former fund manager holds about 1.54% shares in the company for having 2.0 shares of worth $11.21 million while later fund manager owns 1.65 shares of worth $9.26 million as of Dec 31, 2024 , which makes it owner of about 1.27% of company’s outstanding stock.
