Fluence Energy (FLNC) to Release Earnings on Wednesday

Fluence Energy (NASDAQ:FLNC) is expected to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Fluence Energy to post earnings of ($0.12) per share for the quarter. Fluence Energy has set its FY 2025 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

Fluence Energy (NASDAQ:FLNC) last released its earnings results on Monday, November 25th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.23 by $0.11. Fluence Energy had a net margin of 0.89% and a return on equity of 4.10%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the company earned $0.02 EPS. Fluence Energy’s revenue for the quarter was up 82.5% on a year-over-year basis. On average, analysts expect Fluence Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fluence Energy Stock Down 4.1 %

Shares of Fluence Energy stock opened at $12.48 on Tuesday. The firm has a market cap of $2.26 billion, a PE ratio of 96.00, a P/E/G ratio of 0.51 and a beta of 2.37. Fluence Energy has a fifty-two week low of $12.43 and a fifty-two week high of $26.12. The business’s fifty day moving average is $16.08 and its two-hundred day moving average is $18.34.

Analysts Set New Price Targets

A number of research analysts have recently commented on FLNC shares. Bank of America dropped their price objective on shares of Fluence Energy from $25.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Canaccord Genuity Group decreased their price target on shares of Fluence Energy from $37.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, November 29th. Baird R W lowered Fluence Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Susquehanna upped their price target on Fluence Energy from $23.00 to $28.00 and gave the stock a “positive” rating in a research note on Wednesday, October 16th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $20.00 price objective (down from $24.00) on shares of Fluence Energy in a research note on Wednesday, December 18th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.60.

Insider Buying and Selling

In other news, Director Herman E. Bulls purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost 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 approximately $1,181,155.77. The trade was a 15.18 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.65% of the company’s stock.

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.