Currently, there are 130.45M common shares owned by the public and among those 75.39M shares have been available to trade.
The company’s stock has a 5-day price change of 33.57% and -56.47% over the past three months. FLNC shares are trading -64.17% year to date (YTD), with the 12-month market performance down to -72.08% lower. It has a 12-month low price of $3.46 and touched a high of $26.12 over the same period. FLNC has an average intraday trading volume of 6.43 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 36.90%, 21.89%, and -59.65% respectively.
Institutional ownership of Fluence Energy Inc (NASDAQ: FLNC) shares accounts for 60.21% of the company’s 130.45M shares outstanding.
It has a market capitalization of $739.98M and a beta (3y monthly) value of 2.50. The earnings-per-share (ttm) stands at -$0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.16% over the week and 8.62% over the month.
Earnings per share for the fiscal year are expected to decrease by -226.01%, and 174.59% over the next financial year.
Looking at the support for the FLNC, a number of firms have released research notes about the stock. HSBC Securities stated their Hold rating for the stock in a research note on April 28, 2025, with the firm’s price target at $4. JP Morgan coverage for the Fluence Energy Inc (FLNC) stock in a research note released on April 11, 2025 offered a Neutral rating with a price target of $7. Barclays was of a view on April 08, 2025 that the stock is Equal Weight, while Mizuho gave the stock Outperform rating on March 05, 2025, issuing a price target of $8. BofA Securities on their part issued Neutral rating on February 13, 2025.
