Fluence Energy Inc (NASDAQ:FLNC) price on current trading day, rose 2.72% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.66.
A look at the stock’s price movement, the close in the last trading session was $5.51, moving within a range at $5.49 and $5.77. The beta value (5-Year monthly) was 2.489. Turning to its 52-week performance, $26.12 and $4.78 were the 52-week high and 52-week low respectively. Overall, FLNC moved -19.49% over the past month.
Fluence Energy Inc’s market cap currently stands at around $1.03 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-09.
Analysts have a consensus estimate of 331.54M for the company’s revenue for the quarter, with a low and high estimate of 267.15M and 423.67M respectively. The average forecast suggests down to a -46.80% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.33B, representing a 23.55% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FLNC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
16 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 13 recommend FLNC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FLNC’s current price about -1.15% and -43.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.72, while 7-day volatility ratio is 6.51% and 7.90% in the 30-day chart. Further, Fluence Energy Inc (FLNC) has a beta value of 2.40, and an average true range (ATR) of 0.59. Analysts have given the company’s stock an average 52-week price target of $24.5, forecast between a low of $8 and high of $28. Looking at the price targets, the low is -41.34% off current price level while to achieve the yearly target high, price needs to move -394.7%. Nonetheless, investors will most likely welcome a -332.86% jump to $24.5 which is the analysts’ median price.
If we refocus on Fluence Energy Inc (NASDAQ:FLNC), historical trading data shows that trading volumes averaged 4.55 over the past 10 days and 5.62 million over the past 3 months. The company’s latest data on shares outstanding shows there are 129.93 million shares.
The 42.28% of Fluence Energy Inc’s shares are in the hands of company insiders while institutional holders own 58.64% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 18.19 million on 2025-02-28, giving us a short ratio of 2.14. The data shows that as of 2025-02-28 short interest in Fluence Energy Inc (FLNC) stood at 2868.0 of shares outstanding, with shares short rising to 15.15 million registered in 2025-01-31. Current price change has pushed the stock -64.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FLNC stock continues to rise going into the next quarter.
