Fluence Energy (FLNC) Set to Announce Earnings on Monday

Fluence Energy (NASDAQ:FLNC) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 25th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Fluence Energy Trading Down 7.9 %

Shares of NASDAQ:FLNC opened at $19.34 on Monday. The stock has a market cap of $3.49 billion, a PE ratio of -101.78, a price-to-earnings-growth ratio of 0.68 and a beta of 2.54. The stock’s fifty day simple moving average is $21.20 and its two-hundred day simple moving average is $19.57. Fluence Energy has a 1-year low of $12.74 and a 1-year high of $27.80.

Analyst Ratings Changes

FLNC has been the topic of several analyst reports. Jefferies Financial Group assumed coverage on shares of Fluence Energy in a report on Wednesday, September 4th. They set a “buy” rating and a $26.00 price target on the stock. Royal Bank of Canada upgraded Fluence Energy to a “moderate buy” rating in a report on Friday, August 9th. Guggenheim raised Fluence Energy from a “neutral” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Friday, August 9th. Barclays cut their price target on shares of Fluence Energy from $30.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Finally, Susquehanna lifted their price objective on shares of Fluence Energy from $23.00 to $28.00 and gave the stock a “positive” rating in a research report on Wednesday, October 16th. Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock 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.