Jefferies Financial Group Upgrades Fluence Energy (NASDAQ:FLNC) to “Hold”

Fluence Energy (NASDAQ:FLNC) was upgraded by Jefferies Financial Group from an “underperform” rating to a “hold” rating in a research report issued on Wednesday, Marketbeat reports. The firm currently has a $16.00 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 13.64% from the company’s previous close.

Other analysts have also recently issued reports about the company. BNP Paribas set a $9.00 price objective on Fluence Energy and gave the company an “underperform” rating in a research report on Tuesday, October 21st. HSBC lowered shares of Fluence Energy from a “hold” rating to a “reduce” rating and set a $5.00 price target on the stock. in a report on Wednesday, August 13th. Bank of America raised their price objective on shares of Fluence Energy from $11.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. UBS Group increased their price target on shares of Fluence Energy from $6.00 to $8.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. increased their target price on Fluence Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Four investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $11.39.

Fluence Energy Price Performance

NASDAQ FLNC opened at $18.53 on Wednesday. The company has a current ratio of 1.64, a quick ratio of 1.06 and a debt-to-equity ratio of 0.75. The company has a market cap of $3.38 billion, a PE ratio of -44.51 and a beta of 2.88. Fluence Energy has a 1 year low of $3.46 and a 1 year high of $23.74. The stock’s 50-day moving average price is $16.09 and its two-hundred day moving average price is $10.15.

Fluence Energy (NASDAQ:FLNC) last announced its quarterly earnings results on Monday, November 24th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Fluence Energy had a negative return on equity of 9.36% and a negative net margin of 2.17%.The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the firm earned $0.34 EPS. Fluence Energy’s quarterly revenue was down 15.2% on a year-over-year basis. Fluence Energy has set its FY 2026 guidance at EPS. On average, analysts predict that Fluence Energy will post 0.08 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC acquired a new position in shares of Fluence Energy during the second quarter worth about $30,000. Advisory Services Network LLC acquired a new position in Fluence Energy during the 3rd quarter worth approximately $48,000. Quantbot Technologies LP bought a new position in shares of Fluence Energy during the 3rd quarter worth approximately $51,000. Ameritas Investment Partners Inc. raised its holdings in shares of Fluence Energy by 25.7% in the second quarter. Ameritas Investment Partners Inc. now owns 7,753 shares of the company’s stock valued at $52,000 after purchasing an additional 1,586 shares during the last quarter. Finally, TFB Advisors LLC bought a new stake in shares of Fluence Energy in the first quarter worth $53,000. 53.16% of the stock is owned by institutional investors and hedge funds.

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.