Fluence Energy, Inc. (NASDAQ:FLNC – Free Report) – Roth Capital lowered their FY2025 EPS estimates for Fluence Energy in a research note issued on Wednesday, November 27th. Roth Capital analyst J. Clare now forecasts that the company will post earnings per share of $0.50 for the year, down from their previous 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 research analysts have also commented on the company. Jefferies Financial Group began coverage on Fluence Energy in a research note on Wednesday, September 4th. They issued a “buy” rating and a $26.00 target price for the company. Bank of America dropped their price objective on shares of Fluence Energy from $25.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Robert W. Baird reduced their price objective on shares of Fluence Energy from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday. Guggenheim raised shares of Fluence Energy from a “neutral” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Friday, August 9th. Finally, 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 note on Friday, November 8th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.47.
Fluence Energy Stock Down 3.3 %
Fluence Energy stock opened at $18.37 on Thursday. The business has a 50 day moving average price of $21.20 and a two-hundred day moving average price of $19.64. Fluence Energy has a 12 month low of $12.74 and a 12 month high of $27.80. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 141.31, a price-to-earnings-growth ratio of 0.79 and a beta of 2.54.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in FLNC. Handelsbanken Fonder AB increased its position in Fluence Energy by 47.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 6,376,024 shares of the company’s stock valued at $144,800,000 after acquiring an additional 2,047,063 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Fluence Energy by 11.9% during the first quarter. Vanguard Group Inc. now owns 6,178,218 shares of the company’s stock valued at $107,130,000 after purchasing an additional 656,839 shares during the last quarter. FMR LLC increased its holdings in shares of Fluence Energy by 9.0% in the third quarter. FMR LLC now owns 1,606,100 shares of the company’s stock valued at $36,475,000 after purchasing an additional 132,868 shares in the last quarter. Lazard Freres Gestion S.A.S. bought a new position in Fluence Energy in the 2nd quarter worth approximately $26,877,000. Finally, Geode Capital Management LLC lifted its holdings in Fluence Energy by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,508,003 shares of the company’s stock worth $34,253,000 after buying an additional 60,633 shares in the last quarter. Institutional investors and hedge funds own 53.16% of the company’s stock.
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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