FLNC stock icon

Fluence Energy
FLNC

$18.35
5.35%

Market Cap: $2.37B

 

About: Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.

Employees: 1,112

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 38

43% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 56

39% more call options, than puts

Call options by funds: $20.9M | Put options by funds: $15M

11% more funds holding

Funds holding: 199 [Q1] → 220 (+21) [Q2]

4% less capital invested

Capital invested by funds: $1.95B [Q1] → $1.87B (-$74.6M) [Q2]

2.76% less ownership

Funds ownership: 88.41% [Q1] → 85.65% (-2.76%) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$16
13%
downside
Avg. target
$25
37%
upside
High target
$29
58%
upside

11 analyst ratings

positive
82%
neutral
18%
negative
0%
Jefferies
Julien Dumoulin-Smith
68% 1-year accuracy
32 / 47 met price target
42%upside
$26
Buy
Initiated
4 Sept 2024
Guggenheim
Joseph Osha
59% 1-year accuracy
10 / 17 met price target
42%upside
$26
Buy
Upgraded
9 Aug 2024
Baird
George Gianarikas
38% 1-year accuracy
12 / 32 met price target
47%upside
$27
Outperform
Maintained
9 Aug 2024
Susquehanna
Biju Perincheril
44% 1-year accuracy
33 / 75 met price target
25%upside
$23
Positive
Maintained
9 Aug 2024
Barclays
Christine Cho
62% 1-year accuracy
23 / 37 met price target
53%upside
$28
Overweight
Maintained
26 Jul 2024

Financial journalist opinion

Based on 72 articles about FLNC published over the past 30 days