Fluence Energy (NASDAQ:FLNC) Issues Earnings Results

Fluence Energy (NASDAQ:FLNC) posted its earnings results on Monday. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.15), Zacks reports. Fluence Energy had a net margin of 0.89% and a return on equity of 4.10%. Fluence Energy updated its FY 2025 guidance to EPS.

Fluence Energy Trading Up 4.3 %

FLNC opened at $13.07 on Tuesday. Fluence Energy has a 12-month low of $11.89 and a 12-month high of $26.12. The firm has a market capitalization of $2.37 billion, a PE ratio of 100.54, a P/E/G ratio of 0.49 and a beta of 2.37. The firm has a 50 day moving average of $15.58 and a two-hundred day moving average of $18.23.

Insiders Place Their Bets

In other Fluence Energy news, Director Herman E. Bulls purchased 10,000 shares of Fluence Energy stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of $15.57 per share, with a total value of $155,700.00. Following the transaction, the director now owns 75,861 shares of the company’s stock, valued at $1,181,155.77. This represents a 15.18 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.65% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Barclays cut their target price on shares of Fluence Energy from $28.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. BMO Capital Markets raised their target price on shares of Fluence Energy from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Susquehanna raised their target price on shares of Fluence Energy from $23.00 to $28.00 and gave the company a “positive” rating in a research report on Wednesday, October 16th. Bank of America cut their target price on shares of Fluence Energy from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday, January 28th. Finally, Truist Financial raised their price target on shares of Fluence Energy from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $25.60.

Fluence Energy Company Profile

Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.