Wall Street predicts Fluence Energy Inc (FLNC) stock to surge by 48.75%

A share price of Fluence Energy Inc [FLNC] is currently trading at $18.01, up 4.47%. 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 gain 14.20% over the last week, with a monthly amount glided 12.84%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Fluence Energy Inc [NASDAQ: FLNC] stock has seen the most recent analyst activity on August 09, 2024, when Guggenheim upgraded its rating to a Buy but kept the price target unchanged to $26 for it. Previously, Scotiabank started tracking the stock with Sector Perform rating on July 12, 2024, and set its price target to $21. On July 10, 2024, Truist initiated with a Buy rating and assigned a price target of $25 on the stock. Guggenheim downgraded its rating to a Neutral. Raymond James upgraded its rating to a Outperform but $22 remained the price target by the analyst firm on April 03, 2024. Susquehanna upgraded its rating to Positive for this stock on February 26, 2024, but kept the price target unchanged to $24. In a note dated February 23, 2024, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $23.

Fluence Energy Inc experienced fluctuations in its stock price throughout the past year between $12.74 and $28.14. Currently, Wall Street analysts expect the stock to reach $26.79 within the next 12 months. Fluence Energy Inc [NASDAQ: FLNC] shares were valued at $18.01 at the most recent close of the market. An investor can expect a potential return of 48.75% based on the average FLNC price forecast.

Analyzing the FLNC fundamentals

Trailing Twelve Months sales for Fluence Energy Inc [NASDAQ:FLNC] were 2.14B which represents -9.89% decline. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.05 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.

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 17.33 points at the first support level, and at 16.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.45, and for the 2nd resistance point, it is at 18.88.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Fluence Energy Inc [NASDAQ:FLNC] is 1.34. Also, the Quick Ratio is 0.78, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 5.51.

Transactions by insiders

Recent insider trading involved BULLS HERMAN E, Director, that happened on Aug 13 ’24 when 10000.0 shares were purchased. SVP and President, Americas, Zahurancik John completed a deal on Jun 12 ’24 to sell 25000.0 shares. Meanwhile, SVP & Chief Financial Officer Pasha Ahmed bought 3300.0 shares on Mar 04 ’24.

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