Fluence Energy (FLNC) Set to Announce Quarterly Earnings on Monday

Fluence Energy (NASDAQ:FLNC) is scheduled to be announcing its earnings results after the market closes on Monday, November 25th. Analysts expect Fluence Energy to post earnings of $0.23 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Fluence Energy Stock Up 8.7 %

Fluence Energy stock opened at $23.02 on Friday. The business has a 50-day simple moving average of $21.29 and a two-hundred day simple moving average of $19.62. The company has a market cap of $4.15 billion, a P/E ratio of -121.15, a P/E/G ratio of 0.71 and a beta of 2.54. Fluence Energy has a 52-week low of $12.74 and a 52-week high of $27.80.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. BNP Paribas upgraded shares of Fluence Energy from an “underperform” rating to a “neutral” rating and set a $22.00 price target for the company in a research report on Friday, November 8th. Robert W. Baird decreased their price target on Fluence Energy from $34.00 to $27.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. Citigroup lowered Fluence Energy from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $32.00 to $24.00 in a research note on Tuesday, October 1st. Susquehanna boosted their price target on Fluence Energy from $23.00 to $28.00 and gave the stock a “positive” rating in a report on Wednesday, October 16th. Finally, Guggenheim raised shares of Fluence Energy from a “neutral” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Friday, August 9th. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.63.

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.