Fluence Energy (FLNC) Scheduled to Post Earnings on Monday

Fluence Energy (NASDAQ:FLNC) is set to post its quarterly earnings results after the market closes on Monday, November 25th. Analysts expect Fluence Energy to post earnings of $0.23 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Fluence Energy Trading Down 7.9 %

Shares of FLNC stock opened at $19.34 on Monday. The business’s 50-day moving average price is $21.20 and its 200-day moving average price is $19.57. Fluence Energy has a 12 month low of $12.74 and a 12 month high of $27.80. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of -101.78, a PEG ratio of 0.68 and a beta of 2.54.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on FLNC shares. BNP Paribas raised shares of Fluence Energy from an “underperform” rating to a “neutral” rating and set a $22.00 target price on the stock in a report on Friday, November 8th. Robert W. Baird decreased their price objective on Fluence Energy from $34.00 to $27.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Truist Financial lifted their target price on Fluence Energy from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. 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 report on Monday, October 14th. Finally, Bank of America reduced their target price on Fluence Energy from $25.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fluence Energy presently has an average rating of “Moderate Buy” and an average price target of $26.63.

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.