Fluence EnergyFLNC
Market Cap: 2.09B
About: Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.
Employees: 1,112
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
74% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $17.6M
43% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 53
0.65% more ownership
Funds ownership: 87.14% [Q4 2023] → 87.79% (+0.65%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2023] → 6 (+0) [Q1 2024]
7% less funds holding
Funds holding: 210 [Q4 2023] → 195 (-15) [Q1 2024]
22% less capital invested
Capital invested by funds: $2.48B [Q4 2023] → $1.93B (-$545M) [Q1 2024]
26% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 57
Research analyst outlook
17 Wall Street Analysts provided 1 year price forecasts over the past 6 months
17 analyst ratings
Barclays Christine Cho | 71%upside $28 | Overweight Maintained | 26 Jul 2024 |
Piper Sandler Kashy Harrison | 2%downside $16 | Neutral Maintained | 22 Jul 2024 |
B of A Securities Julien Dumoulin-Smith | 71%upside $28 | Buy Maintained | 17 Jul 2024 |
JP Morgan Mark Strouse | 71%upside $28 | Overweight Maintained | 16 Jul 2024 |
Scotiabank | 28%upside $21 | Sector Perform Initiated | 11 Jul 2024 |
Financial journalist opinion
Based on 19 articles about FLNC published over the past 30 days