Fluence Energy, Inc. (FLNC)
| Market Cap | 4.49B |
| Revenue (ttm) | 2.22B |
| Net Income (ttm) | -94.75M |
| Shares Out | 177.09M |
| EPS (ttm) | -0.84 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,510,727 |
| Open | 23.36 |
| Previous Close | 20.27 |
| Day's Range | 23.32 - 26.49 |
| 52-Week Range | 14.02 - 31.32 |
| Beta | 2.66 |
| Analysts | Buy |
| Price Target | 29.10 (+15.07%) |
| Earnings Date | Nov 28, 2023 |
About FLNC
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications in the Americas, Asia Pacific, Europe, Middle-East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack, a grid-scale industrial strength energy storage product; Ultrastack, that control and operate electricity system; Sunstack for optimizing solar c... [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 -$104.82 million, -63.75% less than in 2022.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for FLNC stock is "Buy." The 12-month stock price forecast is $29.1, which is an increase of 15.07% from the latest price.
News
Fluence Energy, Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results
Achieved Record Annual Revenue and Quarterly Profitability Milestone
Fluence Energy, Inc. Announces Closing of New $400 Million Asset-Backed Lending Facility
ARLINGTON, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services and optimization s...
Fluence Energy, Inc. Announces Executive Transition
Fluence Appoints Ahmed Pasha as Chief Financial Officer Fluence Expects to Meet or Exceed Guidance for Fiscal Year 2023 Revenues and Adjusted Gross Profit; Announces Fourth Quarter 2023 Earnings Relea...
Fluence Wins the Gold Award for Battery Storage Project of the Year at Asian Power Awards 2023
MELBOURNE, Australia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimisation software fo...
Fluence Unveils Gridstack Pro, Improving Delivery Speed and Performance for the Next Era of Utility-Scale Projects
ARLINGTON, Va., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewab...
Fluence Named Top Battery-Based Energy Storage Provider in S&P Global Commodity Insights Report
Fluence named top battery-based energy storage provider in 2023 Battery Energy Storage System Integrator Report published by S&P Global Commodity Insights.
Fluence Selected by Tilt Renewables to Deliver the Latrobe Valley Battery Energy Storage System in Australia
The 100 MW energy storage system will utilise Fluence's product ecosystem, including Fluence Gridstack™, a 20-year service agreement, Mosaic™ AI-powered bidding software, and Nispera™ asset performanc...
Varco Energy chooses Fluence to deliver battery energy storage project providing critical grid flexibility in Great Britain
LONDON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Varco Energy (Varco), a pioneering UK-based battery-based energy storage asset owner and operator, has chosen Fluence Energy UK Ltd. (Fluence), a subsidiary ...
Fluence Energy ($FLNC) Receives TM-2 Certificate of Approval in New York City for Fire Safety
Fluence Energy (NASDAQ: FLNC), a global leader in energy storage solutions, has received a TM-2 Certificate of Approval in New York City for its 6th generation energy storage products. To earn this ap...
Fluence Secures Energy Storage Safety Certification under New York City's Strict Fire Safety Rules
Fluence has received a TM-2 Certificate of Approval in New York City for its 6th generation energy storage product, becoming one of the few storage system providers to meet strict safety requirements ...
Fluence Announces Opening of India Innovation Centre to Support Rapid Expansion of Global Operations
Fluence's India Innovation Centre, located in Bangalore, will serve as a global center of excellence to support Fluence's rapid growth in providing customers with market-leading energy storage product...
Fluence Energy, Inc. Reports Third Quarter Fiscal 2023 Results
Raising Full Fiscal Year 2023 Guidance on Strong Quarterly Execution Secured US Battery Cells to Support Domestic Content Requirements Under Inflation Reduction Act ARLINGTON, Va., Aug. 09, 2023 ...
Fluence Energy, Inc. Announces Third Quarter 2023 Earnings Release Date, Conference Call and Webcast
ARLINGTON, Va., Aug. 01, 2023 (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, 20...
TenneT and Fluence will enhance transmission capacity of the German grid with two Grid Boosters
BAYREUTH, Germany and ERLANGEN, Germany, July 11, 2023 (GLOBE NEWSWIRE) -- Transmission grid operator TenneT and Fluence Energy GmbH (Fluence), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) toda...
Historic Moment in Australia's Energy Transition as Hazelwood Battery Energy Storage System is Commissioned
Hazelwood is Australia's first retired coal-fired power station to host a utility-scale battery MELBOURNE, Australia, June 13, 2023 (GLOBE NEWSWIRE) -- ENGIE and project partners Eku Energy and Fluenc...
Newly Public Fluence Energy Near Buy Zone With Strong Momentum
Fluence Energy Inc. NASDAQ: FLNC, which went public in 2021, has posted strong price gains following a dismal 2022. Fluence specializes in the fast-growing energy storage space.
Fluence Expands Asset Performance Management Software in Latin America Through Contract with MPC Energy Solutions
Contract with MPC Energy Solutions adds seven solar plants under management in El Salvador, Colombia, and Mexico for Fluence's Nispera™ asset performance management software Contract with MPC Energy S...
Fluence Energy's stock surges after BofA abandons bearish stance on the pure-play ESS investor
Shares of Fluence Energy Inc. charged higher Wednesday after BofA Securities turned neutral on the energy-storage-products and -services company, saying near-term opportunities now balance out longer-...
Fluence Energy, Inc. Reports Second Quarter Fiscal 2023 Results
Raising Full Fiscal Year 2023 Guidance on Record Quarterly Performance Raising Full Fiscal Year 2023 Guidance on Record Quarterly Performance
Fluence Energy, Inc. Announces Second Quarter 2023 Earnings Release Date, Conference Call and Webcast
ARLINGTON, Va., May 02, 2023 (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, 2...
Fluence Releases Inaugural Sustainability Report
Report affirms Fluence's commitment to strong environmental, social, and governance (ESG) principles Report affirms Fluence's commitment to strong environmental, social, and governance (ESG) principle...
Fluence completes 570 MW battery-based energy storage portfolio contributing to SMC Global Power's 1,000 MW Battery Storage Fleet Inauguration in the Philippines
MANILA, Philippines, April 04, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for...
Fluence to Deliver 200 MW / 400 MWh Energy Storage System for Macquarie Asset Management's Green Investment Group and Shell Energy's Rangebank BESS in Cranbourne
MELBOURNE, Australia, April 03, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software fo...
Fluence Launches Ultrastack, its Highest-Performance Energy Storage Product to Date, to Transform Transmission and Distribution Grids
ARLINGTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewab...