Fluence EnergyFLNC Market cap $2.84B
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 Q2 SEC filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 38
43% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 56
39% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $15M
11% more funds holding
Funds holding: 199 [Q1] → 220 (+21) [Q2]
4% less capital invested
Capital invested by funds: $1.95B [Q1] → $1.87B (-$74.6M) [Q2]
2.76% less ownership
Funds ownership: 88.41% [Q1] → 85.65% (-2.76%) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Citigroup Ryan Levine 71% 1-year accuracy 5 / 7 met price target | 9%upside $24 | Neutral Downgraded | 1 Oct 2024 |
Jefferies Julien Dumoulin-Smith 80% 1-year accuracy 28 / 35 met price target | 18%upside $26 | Buy Initiated | 4 Sept 2024 |
Guggenheim Joseph Osha 50% 1-year accuracy 6 / 12 met price target | 18%upside $26 | Buy Upgraded | 9 Aug 2024 |
Baird George Gianarikas 50% 1-year accuracy 4 / 8 met price target | 23%upside $27 | Outperform Maintained | 9 Aug 2024 |
Susquehanna Biju Perincheril 29% 1-year accuracy 4 / 14 met price target | 5%upside $23 | Positive Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 21 articles about FLNC published over the past 30 days