What is the stock price trajectory of Fluence Energy Inc. (FLNC)?

Fluence Energy Inc. [FLNC] stock prices are up up 5.13% to $19.25 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FLNC shares have lost -0.77% over the last week, with a monthly amount glided 7.78%, and seem to be holding up well over a long-time horizon.

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On 31, August 2022, Fluence Energy, Inc. Announces CFO Transition. In a post published today on Yahoo Finance, Fluence Appoints Manavendra Sial as Chief Financial Officer.

From an analyst’s perspective:

Fluence Energy Inc. [NASDAQ: FLNC] stock has seen the most recent analyst activity on July 13, 2022, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $16. Previously, Goldman downgraded its rating to Neutral on May 13, 2022, and dropped its price target to $9.50. On March 22, 2022, Guggenheim initiated with a Neutral rating. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $26 on February 16, 2022. BofA Securities downgraded its rating to a Underperform but $14 remained the price target by the analyst firm on February 11, 2022. Robert W. Baird started tracking with a Outperform rating for this stock on December 07, 2021, and assigned it a price target of $44. In a note dated November 30, 2021, Goldman initiated an Buy rating and iterated a target price of $52 on this stock.

The stock price of Fluence Energy Inc. [FLNC] has been fluctuating between $4.96 and $39.40 over the past year. Currently, Wall Street analysts expect the stock to reach $23.00 within the next 12 months. Fluence Energy Inc. [NASDAQ: FLNC] shares were valued at $19.25 at the most recent close of the market. An investor can expect a potential return of 19.48% based on the average price forecast.

Analyzing the FLNC fundamentals

The most recent quarter, Fluence Energy Inc. [NASDAQ:FLNC] reported sales of 239.01 billion, representing a drop of -14.10%. Gross Margin for this corporation currently stands at -4.91% with Operating Margin at -17.28%, Pretax Margin comes in at -23.53%, and Net Margin reading is -23.80%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.10 points at the first support level, and at 16.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.83, and for the 2nd resistance point, it is at 20.42.

Fluence Energy Inc. [FLNC] reported earnings per share of -$1 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.32/share, meaning a difference of $-0.68 and a surprise factor of -212.50%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were -$0.81 per share as compared to estimates of -$0.3 per share, a difference of $-0.51 representing a surprise of -170.00%.

Ratios To Look Out For

It’s worth pointing out that Fluence Energy Inc. [NASDAQ:FLNC]’s Current Ratio is 1.60. Also, the Quick Ratio is 0.33, while the Cash Ratio stands at 0.05.

Transactions by insiders

We now turn our attention to insider trading, which in the past 3 months has resulted in 2 insider buyings of 12,000 shares and 0 insider sellings of 0 shares. Recent insider trading involved Fehr Dennis, SVP & Chief Financial Officer, that happened on Sep 07 when 0.12 million shares were sold. SVP & Chief Financial Officer, Fehr Dennis completed a deal on Sep 06 to sell 16211.0 shares. Meanwhile, SVP & Chief Financial Officer Fehr Dennis sold 104.0 shares on Sep 02.