There is no shortage of investors who are bullish on Fluence Energy Inc (FLNC) stock

At the time of writing, Fluence Energy Inc [FLNC] stock is trading at $22.71, down -0.92%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FLNC shares have gain 3.79% over the last week, with a monthly amount glided 24.10%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Fluence Energy Inc [NASDAQ: FLNC] stock has seen the most recent analyst activity on September 04, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $26. Previously, Guggenheim upgraded its rating to Buy on August 09, 2024, and kept the price target unchanged to $26. On July 12, 2024, Scotiabank initiated with a Sector Perform rating and assigned a price target of $21 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $25 on July 10, 2024. Guggenheim downgraded its rating to a Neutral. Raymond James upgraded its rating to Outperform for this stock on April 03, 2024, but kept the price target unchanged to $22. In a note dated February 26, 2024, Susquehanna upgraded an Positive rating on this stock but restated the target price of $24.

For the past year, the stock price of Fluence Energy Inc fluctuated between $12.74 and $27.80. Currently, Wall Street analysts expect the stock to reach $26.73 within the next 12 months. Fluence Energy Inc [NASDAQ: FLNC] shares were valued at $22.71 at the most recent close of the market. An investor can expect a potential return of 17.7% based on the average FLNC price forecast.

Analyzing the FLNC fundamentals

According to Fluence Energy Inc [NASDAQ:FLNC], the company’s sales were 2.14B for trailing twelve months, which represents an -9.89% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

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 22.36 points at the first support level, and at 22.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.13, and for the 2nd resistance point, it is at 23.56.

Ratios To Look Out For

It is important to note that Fluence Energy Inc [NASDAQ:FLNC] has a current ratio of 1.34. Further, the Quick Ratio stands at 0.78, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 6.95.

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.

Related Posts