Fluence Energy Inc (NASDAQ:FLNC) has a beta value of 2.65 and has seen 5.02 million shares traded in the last trading session. The company, currently valued at $1.45B, closed the last trade at $7.94 per share which meant it lost -$0.23 on the day or -2.82% during that session. The FLNC stock price is -202.27% off its 52-week high price of $24.00 and 56.42% above the 52-week low of $3.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.41 million shares traded. The 3-month trading volume is 5.08 million shares.
The consensus among analysts is that Fluence Energy Inc (FLNC) is Buy stock at the moment, with a recommendation rating of 2.68. 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 -2.82% in the red 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 $7.94 or saw a rise of 10.89%. Year-to-date, Fluence Energy Inc shares have moved -53.94%, while the 5-day performance has seen it change -0.50%. Over the past 30 days, the shares of Fluence Energy Inc (NASDAQ:FLNC) have changed 60.73%. Short interest in the company has seen 23.55 million shares shorted with days to cover at 6.47.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could drop -58.8% from current levels. The projected low price target is $2.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is -25.94% off the targeted high while a plunge would see the stock lose 74.81% from current levels.
Fluence Energy Inc (FLNC) estimates and forecasts
The company’s shares have lost -53.54% over the past 6 months.
Earnings growth for 2025 is a modest -292.20% while over the next 5 years, the company’s earnings are expected to increase by 37.43%.
FLNC Dividends
Fluence Energy Inc is expected to release its next earnings report on 2025-May-07 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 30.90% of the company shares, while shares held by institutions stand at 83.21% with a share float percentage of 120.43%. Investors are also buoyed by the number of investors in a company, with Fluence Energy Inc having a total of 326.0 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.
