Fluence Energy, Inc. (FLNC)

NASDAQ: FLNC · IEX Real-Time Price · USD
14.85
+0.40 (2.77%)
At close: Sep 28, 2022 4:00 PM
15.00
+0.15 (1.01%)
After-hours: Sep 28, 2022 7:22 PM EDT
2.77%
Market Cap 1.70B
Revenue (ttm) 944.83M
Net Income (ttm) -162.00M
Shares Out 114.31M
EPS (ttm) -3.88
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 532,159
Open 14.48
Previous Close 14.45
Day's Range 14.16 - 15.13
52-Week Range 4.96 - 39.40
Beta n/a
Analysts Buy
Price Target 24.34 (+63.9%)
Earnings Date Aug 15, 2022

About FLNC

Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide. The company sells energy storage products with integrated hardware, software, and digital intelligence, as well as engineering and delivery services to support the deployment of its storage products; operational and maintenance, and energy storage-as-a-service; and digital applications and solutions. Its energy storage products include Gridstack, a grid-scale industrial s... [Read more...]

Industry Utilities-Renewable
IPO Date Oct 28, 2021
Employees 450
Stock Exchange NASDAQ
Ticker Symbol FLNC
Full Company Profile

Financial Performance

In 2021, Fluence Energy's revenue was $680.77 million, an increase of 21.28% compared to the previous year's $561.32 million. Losses were -$162.00 million, 246.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for FLNC stock is "Buy." The 12-month stock price forecast is 24.34, which is an increase of 63.91% from the latest price.

Price Target
$24.34
(63.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fluence Surpasses Highest UL Requirements for Energy Storage Product Safety

Large-scale fire test conducted by Fluence and independent firm DNV demonstrates industry-leading safety performance of Fluence's modular energy storage technology Large-scale fire test conducted by Flu...

1 week ago - GlobeNewsWire

Fluence Energy, Inc. Announces CFO Transition

Fluence Appoints Manavendra Sial as Chief Financial Officer Fluence Appoints Manavendra Sial as Chief Financial Officer

4 weeks ago - GlobeNewsWire

Fluence Energy ($FLNC) Signs Contract to Optimize 350 Megawatt Solar Project in Mexico

Fluence Energy ($FLNC) has announced a contract with Cubico Sustainable Investments to optimize the performance of its 350 MW Solem I and II solar plants in El Llano, Mexico, using Fluence's Nispera ass...

1 month ago - Green Stock News

Krishna Vanka Joins Fluence as Senior Vice President and Chief Digital Officer to Scale the Strategic Growth of Fluen...

ARLINGTON, Va., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and digital applications for renewab...

1 month ago - GlobeNewsWire

Fluence Energy, Inc. Reports Third Quarter 2022 Results

Strong Cash Generation Showcases Backlog Conversion and Balance Sheet Strength Strong Cash Generation Showcases Backlog Conversion and Balance Sheet Strength

1 month ago - GlobeNewsWire

Fluence Energy, Inc. Announces Third Quarter Earnings Release Date, Conference Call and Webcast

ARLINGTON, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the third quarter ended June 30, 2022...

1 month ago - GlobeNewsWire

Fluence Energy, Inc. Announces Leadership Change

Julian Nebreda to take the helm as President and Chief Executive Officer Julian Nebreda to take the helm as President and Chief Executive Officer

1 month ago - GlobeNewsWire

Fluence Energy ($FLNC) Partners With U.S. Manufacturing Facility to Address Supply Chain Constraints

Fluence Energy has announced a new partnership with a contract manufacturer to open a new facility in the United States that will better serve regional deliveries as well as address ongoing supply chain...

1 month ago - Green Stock News

Fluence and Nine Additional Energy Market Organisations Issue Open Letter to European Policy Makers and the Media reg...

ERLANGEN, Germany, July 14, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (Nasdaq: FLNC), a leading global provider of energy storage products and services and digital applications for renew...

2 months ago - GlobeNewsWire

Fluence and Münch Energie Are Building a Hybrid Storage Plant Enabling Smart Integration of Solar PV in Germany

ERLANGEN, Germany, July 12, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader in energy storage products, services, and digital applications for renewables...

2 months ago - GlobeNewsWire

Fluence Announces India Technology Centre, Underscoring Commitment to the Region and Execution of Global Product Stra...

Fluence India Technology Centre, located in Bangalore, will serve as an engineering centre of excellence for supporting customers globally and in India Fluence India Technology Centre, located in Bangal...

2 months ago - GlobeNewsWire

Fluence and Rich Electric Announce Partnership to Deploy the First 100 MW level Battery-Based Energy Storage System i...

The project will be located in Hualien and support Taipower's automatic frequency control services The project will be located in Hualien and support Taipower's automatic frequency control services

2 months ago - GlobeNewsWire

Fluence Announces Customer-Focused Training Platform for Energy Storage Systems

Fluence Academy online training program designed to advance industry knowledge of energy storage operations Fluence Academy online training program designed to advance industry knowledge of energy stora...

3 months ago - GlobeNewsWire

Following Multiple Product Launches, Fluence Experts Featured at GreenTech Amsterdam

AUSTIN, Texas--(BUSINESS WIRE)--Fluence announced its speaker schedule at the 2022 GreenTech Amsterdam conference, the leading global meeting place for the horticulture industry.

3 months ago - Business Wire

Fluence Announces Organizational Change

ARLINGTON, Va., June 06, 2022 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services and digital applicat...

3 months ago - GlobeNewsWire

Fluence Announces Partner of the Year Award Winners

TORONTO--(BUSINESS WIRE)--Fluence Technologies, the only provider of pure-play financial consolidation, close and reporting software for high growth businesses, today announced the winners of its 2022 P...

4 months ago - Business Wire

Belgian Grower Tomerel Increases Light Levels, Decreases Energy Costs Through Fluence LED Retrofit

ROTTERDAM, Netherlands--(BUSINESS WIRE)--Fluence announced its partnership with Tomerel, a tomato grower located in Antwerp, Belgium.

4 months ago - Business Wire

Fluence Energy, Inc. Reports Second Quarter 2022 Results

Robust top-line performance and order intake highlight strong demand for energy storage Robust top-line performance and order intake highlight strong demand for energy storage

4 months ago - GlobeNewsWire

Fluence Illuminates Wageningen University & Research's Autonomous Greenhouse Challenge With VYPR Top Lights and Wirel...

AUSTIN, Texas--(BUSINESS WIRE)--Fluence announced its LED lighting and control systems were implemented into Wageningen University & Research's Autonomous Greenhouse Challenge.

4 months ago - Business Wire

Fluence Announces Cloud Computing Services Agreement with Amazon Web Services

AWS to support Fluence's growing suite of digital applications to optimize renewables and storage AWS to support Fluence's growing suite of digital applications to optimize renewables and storage

4 months ago - GlobeNewsWire

Fluence Energy, Inc. Announces Second Quarter Earnings Release Date, Conference Call and Webcast

ARLINGTON, Va., May 05, 2022 (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, 202...

4 months ago - GlobeNewsWire

Fluence Simplifies Financial Data Movement Through Partnership With DataBlend

TORONTO--(BUSINESS WIRE)--Fluence Technologies, the only purpose-built financial consolidation, close and reporting software for midmarket businesses, today announced a strategic partnership with DataBl...

4 months ago - Business Wire

Fluence Announces New Product Features for RAZR Modular System

AUSTIN, Texas--(BUSINESS WIRE)--Fluence announced new product features for its award-winning RAZR Modular System.

5 months ago - Business Wire

Fluence Selected by Taiwan Power Company for its Largest Longtan Energy Storage Project

View Press Release in Traditional Chinese

5 months ago - GlobeNewsWire

Fluence and cQuant.io Partner to Offer Industry-leading Suite of Analytics and Optimization Applications for Energy S...

AI-enabled capabilities will deliver insights for developers, asset managers, traders, and financiers AI-enabled capabilities will deliver insights for developers, asset managers, traders, and financiers

5 months ago - GlobeNewsWire