Fluence Energy, Inc. (FLNC)
| Market Cap | 3.02B |
| Revenue (ttm) | 2.27B |
| Net Income (ttm) | -61.72M |
| Shares Out | 178.63M |
| EPS (ttm) | -0.52 |
| PE Ratio | n/a |
| Forward PE | 49.77 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 911,323 |
| Open | 15.68 |
| Previous Close | 15.69 |
| Day's Range | 15.61 - 16.94 |
| 52-Week Range | 13.03 - 31.32 |
| Beta | 2.56 |
| Analysts | Strong Buy |
| Price Target | 29.94 (+78.85%) |
| Earnings Date | May 8, 2024 |
About FLNC
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled... [Read more]
Financial Performance
In 2023, Fluence Energy's revenue was $2.22 billion, an increase of 85.05% compared to the previous year's $1.20 billion. Losses were -$69.62 million, -33.37% less than in 2022.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for FLNC stock is "Strong Buy." The 12-month stock price forecast is $29.94, which is an increase of 78.85% from the latest price.
News
Fluence Energy, Inc. Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast
ARLINGTON, Va., April 22, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the second quarter ended March 31,...
Fluence Releases Annual Sustainability Report
Report outlines increased sustainability disclosures, including Fluence's first Task Force on Climate-Related Financial Disclosures (TCFD) report Report outlines increased sustainability disclosures, ...
Fluence and ENGIE's latest storage project will expand critical energy hub in the Netherlands
AMSTERDAM, April 11, 2024 (GLOBE NEWSWIRE) -- Fluence Energy B.V. (“Fluence”), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC), has been selected by ENGIE to deliver a 35 MW / 100 MWh battery-base...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fluence Energy, Inc. - FLNC
NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ: FLNC). Such investors are advised t...
Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan
TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewa...
SSE Renewables partners with Fluence and OCU Energy to deliver their latest 150 MW / 300 MWh project
LONDON, March 08, 2024 (GLOBE NEWSWIRE) -- SSE Renewables has announced the principal contractor and system supplier for its battery-based energy storage project at Fiddler's Ferry, Warrington. Fluenc...
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation - FLNC
NEW YORK , March 2, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Fluence Energy, Inc. ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation - FLNC
NEW YORK, Feb. 24, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fluence Energy, I...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Fluence Energy, Inc. (FLNC)
NEW YORK--(BUSINESS WIRE)---- $FLNC #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ:FLNC). The i...
FLNC LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation – FLNC
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fluence Energy, Inc. (NASDAQ: ...
Lost Money in Fluence Energy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
OAKLAND, Calif.--(BUSINESS WIRE)---- $FLNC #FLNC--Gibbs Law Group is investing potential claims on behalf of FLNC investors.
Fluence Responds to Misleading Short Seller Report
ARLINGTON, Va., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence” or “the Company”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization sof...
Fluence Energy ($FLNC) to Build Large Battery-Based Energy Storage Project in Germany
MW Storage has selected Fluence Energy (NASDAQ: FLNC) to deliver one of the largest battery-based energy storage projects in continental Europe. The 100 MW/ 200 MWh storage system will be located near...
MW Storage and Fluence partner to deliver their largest joint project in Germany after successful collaboration in Finland and Switzerland
The project, one of the largest in continental Europe, will increase flexibility in the power system and support lower electricity prices for end-users. The energy storage system will have enough capa...
Fluence CEO says energy storage leader has record backlog that will push it to profitability this year
CEO Julian Nebreda said Fluence is preparing for "hypergrowth" as wind and solar play a growing role in the U.S. power grid.
Fluence Energy, Inc. Reports Record $1.1 Billion Quarterly Order Intake, Resulting in Highest Ever Backlog; Reaffirms Fiscal 2024 Guidance
ARLINGTON, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well ...
Atmos Renewables Expands Contract with Fluence to Optimise 870 MW Renewables Portfolio in Australia
Utilising Fluence's Mosaic™ AI-powered bidding software and Nispera™ asset performance management software, Atmos Renewables will unlock near real-time visibility into asset optimisation potential Uti...
Fluence Energy, Inc. Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast
ARLINGTON, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the first quarter ended December 31...
Origin Selects Fluence to Deliver the 300 MW / 650 MWh Mortlake Power Station Battery in Australia
MELBOURNE, Australia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimisation software for r...
Taiwan's Largest Government Energy Storage System Supplied by Fluence in Partnership with TECO Starts Operation
TAIPEI, Taiwan, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and ...
Fluence Named a Forbes 2024 Most Successful Mid-Cap Company
Ranked 37 of 100, Fluence is one of only a few cleantech companies named to the Forbes list Ranked 37 of 100, Fluence is one of only a few cleantech companies named to the Forbes list
Fluence Surpasses 20 GWh of Deployed and Contracted Battery-based Energy Storage Systems Globally
This industry-leading milestone marks a new era of scale in battery energy storage and underscores the critical role of storage in enabling the energy transition and reducing the cost of clean and rel...
Fluence Mosaic Intelligent Bidding Software Expands to Optimize Hybrid Renewables and Storage Assets in California Independent System Operator Wholesale Power Market
Fluence's Mosaic™ AI-powered bidding software has expanded and is now available to optimize hybrid renewables and storage assets in CAISO, starting with 75 MW / 300 MWh of hybrid assets anticipated to...
Deployment of large-scale battery-based energy storage in Germany will result in €12 billion of added economic value and accelerate the energy transition, a new study finds
By 2030, the volume of battery-based energy storage in Germany is expected to increase fortyfold reaching 57 GWh with a connected capacity of 15 GW. Battery storage can generate €12 billion in added e...