Fluence Energy Inc (FLNC) stock expected to gain 31.6% in the coming months

Fluence Energy Inc [FLNC] stock is trading at $20.22, down -1.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLNC shares have gain 3.85% over the last week, with a monthly amount drifted -5.07%, and not 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 November 08, 2024, when Exane BNP Paribas upgraded its rating to a Neutral but kept the price target unchanged to $22 for it. Previously, Citigroup downgraded its rating to Neutral on October 01, 2024, and dropped its price target to $24. On September 04, 2024, Jefferies initiated with a Buy rating and assigned a price target of $26 on the stock. Guggenheim upgraded its rating to a Buy but stick to its price target of $26 on August 09, 2024. Scotiabank initiated its recommendation with a Sector Perform and recommended $21 as its price target on July 12, 2024. Truist started tracking with a Buy rating for this stock on July 10, 2024, and assigned it a price target of $25. In a note dated June 06, 2024, Guggenheim downgraded an Neutral rating on this stock.

Fluence Energy Inc [FLNC] stock has fluctuated between $12.74 and $27.80 over the past year. Currently, Wall Street analysts expect the stock to reach $26.61 within the next 12 months. Fluence Energy Inc [NASDAQ: FLNC] shares were valued at $20.22 at the most recent close of the market. An investor can expect a potential return of 31.6% based on the average FLNC price forecast.

Analyzing the FLNC fundamentals

Fluence Energy Inc [NASDAQ:FLNC] reported sales of 2.14B for the trailing twelve months, which represents a drop of -9.89%. 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 0.13.

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 19.78 points at the first support level, and at 19.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.00, and for the 2nd resistance point, it is at 21.78.

Ratios To Look Out For

For context, Fluence Energy Inc’s Current Ratio is 1.34. On the other hand, the Quick Ratio is 0.78, and the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 1.70, the price to book ratio is 6.19.

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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