Fluence Energy, Inc. (NASDAQ:FLNC – Free Report) – Roth Capital cut their FY2025 earnings estimates for shares of Fluence Energy in a report released on Wednesday, November 27th. Roth Capital analyst J. Clare now expects that the company will earn $0.50 per share for the year, down from their prior estimate of $0.58. The consensus estimate for Fluence Energy’s current full-year earnings is $0.53 per share. Roth Capital also issued estimates for Fluence Energy’s FY2026 earnings at $0.96 EPS.
A number of other analysts have also weighed in on FLNC. Citigroup lowered Fluence Energy from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $32.00 to $24.00 in a research note on Tuesday, October 1st. Robert W. Baird decreased their price objective on shares of Fluence Energy from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Wednesday. Royal Bank of Canada dropped their target price on shares of Fluence Energy from $28.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday. Jefferies Financial Group initiated coverage on Fluence Energy in a report on Wednesday, September 4th. They set a “buy” rating and a $26.00 price target on the stock. Finally, Canaccord Genuity Group lowered their price target on Fluence Energy from $37.00 to $34.00 and set a “buy” rating for the company in a research report on Friday. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $26.85.
Fluence Energy Price Performance
Shares of FLNC stock opened at $18.81 on Thursday. The business has a 50-day moving average of $21.08 and a 200 day moving average of $19.65. Fluence Energy has a 1-year low of $12.74 and a 1-year high of $27.80. The stock has a market capitalization of $3.40 billion, a PE ratio of 144.69, a P/E/G ratio of 0.62 and a beta of 2.54.
Hedge Funds Weigh In On Fluence Energy
Several hedge funds and other institutional investors have recently modified their holdings of FLNC. PARK CIRCLE Co purchased a new stake in Fluence Energy during the second quarter valued at $28,000. US Bancorp DE increased its position in shares of Fluence Energy by 676.6% during the 3rd quarter. US Bancorp DE now owns 1,693 shares of the company’s stock valued at $38,000 after purchasing an additional 1,475 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Fluence Energy by 264.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,956 shares of the company’s stock worth $51,000 after purchasing an additional 2,146 shares during the period. Blue Trust Inc. purchased a new position in shares of Fluence Energy in the second quarter worth approximately $58,000. Finally, CWM LLC grew its position in Fluence Energy by 164.4% during the third quarter. CWM LLC now owns 2,842 shares of the company’s stock valued at $65,000 after buying an additional 1,767 shares during the period. 53.16% of the stock is owned by institutional investors.
About Fluence Energy
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.
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