Fluence Energy (FLNC) Projected to Post Quarterly Earnings on Wednesday

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

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

Fluence Energy Price Performance

Shares of FLNC stock opened at $13.01 on Monday. The stock’s 50-day moving average is $16.30 and its 200 day moving average is $18.36. Fluence Energy has a 1-year low of $12.43 and a 1-year high of $26.12. The company has a market cap of $2.36 billion, a P/E ratio of 100.08, a PEG ratio of 0.48 and a beta of 2.42.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FLNC. Bank of America decreased 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 report on Tuesday, January 28th. Jefferies Financial Group downgraded shares of Fluence Energy from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $22.00 to $15.00 in a research note on Wednesday, January 22nd. Guggenheim reissued a “buy” rating and issued a $26.00 target price on shares of Fluence Energy in a research report on Friday, December 6th. Royal Bank of Canada lowered their price target on Fluence Energy from $28.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, November 27th. Finally, BMO Capital Markets raised their price objective on Fluence Energy from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $25.60.

Insider Transactions at Fluence Energy

In related news, Director Herman E. Bulls acquired 10,000 shares of Fluence Energy stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of $15.57 per share, for a total transaction of $155,700.00. Following the completion of 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.41% of the company’s stock.

About Fluence Energy

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.