Fluence Energy, Inc. (FLNC)
NASDAQ: FLNC · IEX Real-Time Price · USD
15.96
-0.53 (-3.21%)
At close: Jul 19, 2024, 4:00 PM
16.09
+0.13 (0.81%)
Pre-market: Jul 22, 2024, 7:02 AM EDT
Fluence Energy Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Fluence Energy stock have an average target of 28.2, with a low estimate of 16 and a high estimate of 47. The average target predicts an increase of 76.69% from the current stock price of 15.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Fluence Energy stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 5 | 6 |
| Buy | 8 | 8 | 8 | 7 | 7 | 7 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 16 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $16 | Hold | Maintains | $18 → $16 | +0.25% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $29 → $28 | Strong Buy | Maintains | $29 → $28 | +75.44% | Jul 17, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $25 → $28 | Buy | Maintains | $25 → $28 | +75.44% | Jul 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | +56.64% | Jul 10, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $29 | Buy | Reiterates | $29 | +81.70% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
3.04B
from 2.22B
Increased by 37.11%
Revenue Next Year
4.06B
from 3.04B
Increased by 33.51%
EPS This Year
0.14
from -0.60
EPS Next Year
0.77
from 0.14
Increased by 434.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 4.4B | 5.6B | 5.9B | 6.8B |
| Avg | 3.0B | 4.1B | 4.8B | 5.7B | 6.6B |
| Low | 2.4B | 3.1B | 3.1B | 5.5B | 6.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.1% | 45.8% | 37.1% | 24.2% | 19.1% |
| Avg | 37.1% | 33.5% | 17.1% | 20.7% | 15.7% |
| Low | 9.3% | 1.0% | -22.4% | 15.9% | 11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 1.18 | 2.44 |
| Avg | 0.14 | 0.77 | 1.26 |
| Low | -0.09 | 0.16 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 717.7% | 216.6% |
| Avg | - | 435.0% | 64.2% |
| Low | - | 9.0% | -60.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.