In today’s recent session, 0.84 million shares of the Fluence Energy Inc (NASDAQ:FLNC) have been traded, and its beta is 2.53. Most recently the company’s share price was $4.78, and it changed around -$0.1 or -2.15% from the last close, which brings the market valuation of the company to $870.09M. FLNC at last check was trading at a discount to its 52-week high of $26.12, offering almost -446.44% off that amount. The share price’s 52-week low was $3.46, which indicates that the recent value has risen by an impressive 27.62% since then. We note from Fluence Energy Inc’s average daily trading volume that its 10-day average is 5.92 million shares, with the 3-month average coming to 5.08 million.
Fluence Energy Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.62. If we narrow it down even further, the data shows that 2 out of 27 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 16 recommended FLNC as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Fluence Energy Inc is expected to report earnings per share of 0.02 for the current quarter.
Fluence Energy Inc (NASDAQ:FLNC) trade information
Instantly FLNC has been showing red trend so far today with a performance of -2.15% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.62 on recent trading dayincreased the stock’s daily price by 14.95%. The company’s shares are currently down -69.93% year-to-date, but still down -9.39% over the last five days. On the other hand, Fluence Energy Inc (NASDAQ:FLNC) is 14.23% up in the 30-day period. We can see from the shorts that 22.92 million shares have been sold at a short interest cover period of 4.8 day(s).
The consensus price target as assigned by Wall Street analysts is $4.5, which translates to bulls needing to decrease their stock price by -6.22% from its current value. Analyst projections state that FLNC is forecast to be at a low of $2 and a high of $10.
Fluence Energy Inc (FLNC) estimates and forecasts
The year-over-year growth rate is expected to be -0.43%, down from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of 737.71M in revenue for the current quarter. 13 analysts expect Fluence Energy Inc to make 1.34B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 483.32M and 1.23B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 52.64%. Forecasts for the next quarter put sales growth at 8.95%.
Fluence Energy Inc earnings are expected to increase by -294.56% in 2025, but the outlook is positive 32.88% per year for the next five years.
FLNC Dividends
Fluence Energy Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
Fluence Energy Inc (NASDAQ:FLNC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 30.90% of Fluence Energy Inc shares, and 83.28% of them are in the hands of institutional investors. The stock currently has a share float of 120.52%. Fluence Energy Inc stock is held by 336.0 institutions, with SIEMENS AG being the largest institutional investor. By 2024-06-30, it held 31.0672% of the shares, which is about 39.74 million shares worth $689.06 million.
SIEMENS PENSION TRUST E V, with 9.1948% or 11.76 million shares worth $203.94 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.0 shares worth $9.55 million, making up 1.54% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 1.64 shares worth around $7.83 million, which represents about 1.26% of the total shares outstanding.
