Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide.
Fluence Energy stock last closed at $16.84, up 3.69% from the previous day, and has decreased 16.84% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.15 percentage points. Fluence Energy stock is currently +29.24% from its 52-week low of $13.03, and -46.23% from its 52-week high of $31.32.
At the moment, there are 178.63M shares of FLNC outstanding. The market cap of FLNC is $3.01B. In the last 24 hours, 1.46M FLNC shares were traded.
How to Buy Fluence Energy Stock
Not sure how to invest in Fluence Energy stock? Here's how.
Decide where to buy Fluence Energy stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Fluence Energy stock.
Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit money your investment account: Pick your payment method and add your information.
Research Fluence Energy stock: The Fluence Energy ticker symbol is FLNC. Is Fluence Energy stock a good investment? Should you buy shares of FLNC? How do FLNC's underlying business fundamentals look? Do top analysts think Fluence Energy is a good buy? Why has FLNC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if FLNC is a good stock to buy).
Make your FLNC trade: Decide if you will purchase FLNC shares at the current market price or use a limit order to purchase FLNC stock at a particular price.
Keep an eye on your FLNC investment: Create a watchlist to monitor your position in Fluence Energy shares.
Step 1: Decide where to buy Fluence Energy stock
You need a brokerage account in order to access the NASDAQ market and buy FLNC shares.
A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to invest in FLNC stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Fluence Energy stock
After you have chosen the best place to buy Fluence Energy stock, it's critical to analyze their stock prior to investing, so you can understand the risk and opportunity.
Fluence Energy Numbers
FLNC Price
$16.84
1w %
5.38%
1y %
-16.84%
5y %
N/A
P/E
-32.38x
P/B
7.23x
P/S
0.9x
PEG
N/A
Revenue
$2.27B
Earnings
-$61.72M
Fore. Rev. Growth
29.21%
Fore. Earn. Growth
N/A
Market Cap
$3.01B
Next Earnings
May 9, 2024
Next Dividend
N/A
Fundamentals of FLNC
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
There are more short-term assets than long-term liabilities on the FLNC balance sheet.
FLNC profit margin has gone up from -7.5% to -2.7% in the past year.
FLNC has cash burn of 15990000. It has enough cash and short-term investments to cover this for at least one year.
FLNC has $508.73M in cash and short term investments. This is sufficient to cover its annual cash burn of $15.99M.
There are more short-term assets than short-term liabilities on the FLNC balance sheet.
Cons:
FLNC has a relatively high debt to equity ratio of 3.07.
Is FLNC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Wall Street analysts who give ratings on FLNC, the consensus analyst rating on Fluence Energy is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest FLNC Analyst Upgrades/Downgrades
Ameet Thakkar, a bottom 3% analyst from BMO Capital upgrades FLNC to a buy rating and announces their FLNC price target of $27.00, on Jan 16, 2024.
Julien Dumoulin-Smith, a top 5% analyst from Bank of America maintains FLNC with a strong buy rating and raises their FLNC price target from $26.00 to $28.00, on Jan 4, 2024.
Shelby Tucker, a top 21% analyst from RBC Capital maintains FLNC with a buy rating and raises their FLNC price target from $32.00 to $33.00, on Dec 11, 2023.
Stephen Trent, a top 14% analyst from Morgan Stanley maintains FLNC with a hold rating and raises their FLNC price target from $27.00 to $32.00, on Dec 8, 2023.
Justin Clare, a bottom 1% analyst from Roth MKM upgrades FLNC to a strong buy rating and raises their FLNC price target from $27.00 to $31.00, on Dec 4, 2023.
Last year, FLNC revenue was $2.27B. Over the last 2 year, FLNC's revenue has gone up by 75.27% per year. This was faster than the Utilities - Renewable industry average of 10.39%.
No, Fluence Energy doesn't provide an income stream by paying out dividends.
FLNC Social Trading Data
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Step 5: Make your FLNC trade
You have two main types of orders:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are generally the best for newer investors.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a particular price, place a limit order.
Hit the Open button and eToro will execute your order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
How much does it cost to buy one Fluence Energy share?
As of Apr 24, 2024, it costs $16.84 to buy one share of Fluence Energy stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.475 shares of FLNC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.