During the recent session, Fluence Energy Inc (NASDAQ:FLNC)’s traded shares were 0.63 million, with the beta value of the company hitting 2.48. At the last check today, the stock’s price was $5.14, reflecting an intraday gain of 2.29% or $0.11. The 52-week high for the FLNC share is $26.12, that puts it down -408.17 from that peak though still a striking 7.0% gain since the share price plummeted to a 52-week low of $4.78. The company’s market capitalization is $934.07M, and the average intraday trading volume over the past 10 days was 3.96 million shares, and the average trade volume was 5.73 million shares over the past three months.
Fluence Energy Inc (FLNC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.16. FLNC has a Sell rating from 0 analyst(s) out of 16 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.22.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Fluence Energy Inc (FLNC) registered a 2.29% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.29% in intraday trading to $5.14, hitting a weekly high. The stock’s 5-day price performance is -4.37%, and it has moved by -12.50% in 30 days. Based on these gigs, the overall price performance for the year is -67.42%. The short interest in Fluence Energy Inc (NASDAQ:FLNC) is 20.37 million shares and it means that shorts have 3.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $24.5, which implies an increase of 79.02% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $28 respectively. As a result, FLNC is trading at a discount of -444.75% off the target high and -55.64% off the low.
Fluence Energy Inc (FLNC) estimates and forecasts
In the rating firms’ projections, revenue will increase 23.55% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 331.54M as predicted by 16 analyst(s). Meanwhile, a consensus of 16 analyst(s) estimates revenue growth to 1.13B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 623.14M and 483.32M respectively. In this case, analysts expect current quarter sales to shrink by -46.80% and then jump by 133.95% in the coming quarter.
FLNC Dividends
Fluence Energy Inc is due to release its next quarterly earnings on 2025-Feb-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
Fluence Energy Inc insiders own 31.04% of total outstanding shares while institutional holders control 80.99%, with the float percentage being 117.45%. SIEMENS AG is the largest shareholder of the company, while 372.0 institutions own stock in it. As of 2024-06-30, the company held over 39.74 million shares (or 31.0672% of all shares), a total value of $689.06 million in shares.
The next largest institutional holding, with 11.76 million shares, is of SIEMENS PENSION TRUST E V’s that is approximately 9.1948% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $203.94 million.
Also, the Mutual Funds coming in first place with the largest holdings of Fluence Energy Inc (FLNC) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 2.0 shares. This amounts to just over 1.54 percent of the company’s overall shares, with a $10.23 million market value. The same data shows that the other fund manager holds slightly less at 1.64, or about 1.26% of the stock, which is worth about $8.39 million.
