While Fluence Energy Inc has overperformed by 0.35%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FLNC fell by -13.35%, with highs and lows ranging from $31.32 to $13.03, whereas the simple moving average fell by -37.01% in the last 200 days.
On February 26, 2024, Susquehanna Upgraded Fluence Energy Inc (NASDAQ: FLNC) to Positive. A report published by JP Morgan on February 23, 2024, Upgraded its rating to ‘Overweight’ for FLNC. ROTH MKM also Upgraded FLNC shares as ‘Buy’, setting a target price of $31 on the company’s shares in a report dated December 04, 2023. BofA Securities November 08, 2023d the rating to Buy on November 08, 2023, and set its price target from $24 to $26. Exane BNP Paribas initiated its ‘Underperform’ rating for FLNC, as published in its report on October 20, 2023. Barclays’s report from August 30, 2023 suggests a price prediction of $31 for FLNC shares, giving the stock a ‘Overweight’ rating. ROTH MKM also rated the stock as ‘Neutral’.
Analysis of Fluence Energy Inc (FLNC)
Further, the quarter-over-quarter increase in sales is 17.23%, showing a positive trend in the upcoming months.
Fluence Energy Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -14.76% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.79, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and FLNC has an average volume of 2.58M. On a monthly basis, the volatility of the stock is set at 7.84%, whereas on a weekly basis, it is put at 5.96%, with a loss of -7.09% over the past seven days. Furthermore, long-term investors anticipate a median target price of $31.70, showing growth from the present price of $14.15, which can serve as yet another indication of whether FLNC is worth investing in or should be passed over.
How Do You Analyze Fluence Energy Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 44.14%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 42.35% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FLNC shares are owned by institutional investors to the tune of 42.35% at present.
