Fluence Energy (NASDAQ:FLNC) Announces Quarterly Earnings Results

Fluence Energy (NASDAQ:FLNC) released its quarterly earnings data on Monday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.15), Zacks reports. Fluence Energy had a return on equity of 4.10% and a net margin of 0.89%. Fluence Energy updated its FY 2025 guidance to EPS.

Fluence Energy Stock Performance

Shares of Fluence Energy stock opened at $7.00 on Wednesday. The business’s 50 day simple moving average is $15.47 and its 200 day simple moving average is $18.22. Fluence Energy has a 52-week low of $6.56 and a 52-week high of $26.12. The firm has a market cap of $1.27 billion, a PE ratio of 53.85, a P/E/G ratio of 0.49 and a beta of 2.37.

Insider Activity at Fluence Energy

In other news, Director Herman E. Bulls bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average price of $15.57 per share, with a total value of $155,700.00. Following the transaction, the director now owns 75,861 shares in the company, valued at $1,181,155.77. This represents a 15.18 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.65% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. BNP Paribas upgraded Fluence Energy from an “underperform” rating to a “neutral” rating and set a $22.00 price objective for the company in a research note on Friday, November 8th. Jefferies Financial Group cut Fluence Energy from a “buy” rating to a “hold” rating and decreased their price target for the company from $22.00 to $15.00 in a report on Wednesday, January 22nd. Baird R W cut Fluence Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Bank of America cut their target price on Fluence Energy from $25.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, January 28th. Finally, UBS Group lowered Fluence Energy from a “buy” rating to a “neutral” rating and cut their target price for the company from $28.00 to $8.00 in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $20.50.

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.