Investor Confidence Dwindles After Fluence Energy Inc. (NASDAQ: FLNC) Shares Drop By About -0.05

Fluence Energy Inc (NASDAQ:FLNC) has a beta value of 2.47 and has seen 0.93 million shares traded in the recent trading session. The company, currently valued at $871.43M, closed the recent trade at $4.80 per share which meant it lost -$0.05 on the day or -1.03% during that session. The FLNC stock price is -444.17% off its 52-week high price of $26.12 and 3.54% above the 52-week low of $4.63. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.81 million shares traded. The 3-month trading volume is 5.78 million shares.

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.

Fluence Energy Inc (NASDAQ:FLNC) trade information

Sporting -1.03% in the red today, 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 $4.80 or saw a rise of 14.29%. Year-to-date, Fluence Energy Inc shares have moved -69.77%, while the 5-day performance has seen it change -11.44%. Over the past 30 days, the shares of Fluence Energy Inc (NASDAQ:FLNC) have changed -7.51%. Short interest in the company has seen 20.37 million shares shorted with days to cover at 3.37.

Wall Street analysts have a consensus price target for the stock at $25, which means that the shares’ value could jump 80.8% from the levels at last check today. The projected low price target is $8.0 while the price target rests at a high of $28.0. In that case, then, we find that the latest price level in today’s session is -483.33% off the targeted high while a plunge would see the stock gain -66.67% from the levels at last check today.

Fluence Energy Inc (FLNC) estimates and forecasts

The company’s shares have lost -79.06% over the past 6 months. 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 on 2025-Feb-09 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

Insiders own 31.04% of the company shares, while shares held by institutions stand at 80.72% with a share float percentage of 117.06%. Investors are also buoyed by the number of investors in a company, with Fluence Energy Inc having a total of 368.0 institutions that hold shares in the company. 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 1.54% shares in the company for having 2.0 shares of worth $9.66 million while later fund manager owns 1.64 shares of worth $7.92 million as of Dec 31, 2024, which makes it owner of about 1.26% of company’s outstanding stock.