Fluence Energy (NASDAQ:FLNC) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Fluence Energy (NASDAQ:FLNC) issued its earnings results on Monday. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10), Briefing.com reports. Fluence Energy had a negative return on equity of 3.42% and a negative net margin of 0.76%.Fluence Energy’s quarterly revenue was down 15.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.34 EPS. Fluence Energy updated its FY 2026 guidance to EPS.

Fluence Energy Stock Up 2.6%

Fluence Energy stock traded up $0.40 during trading hours on Monday, hitting $15.80. The company had a trading volume of 9,698,793 shares, compared to its average volume of 7,366,939. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.64 and a quick ratio of 1.06. The company has a 50-day moving average price of $15.90 and a two-hundred day moving average price of $10.07. Fluence Energy has a 1 year low of $3.46 and a 1 year high of $24.00.

Institutional Trading of Fluence Energy

A number of large investors have recently modified their holdings of FLNC. AQR Capital Management LLC raised its position in Fluence Energy by 1,441.8% during the 1st quarter. AQR Capital Management LLC now owns 900,674 shares of the company’s stock valued at $4,368,000 after purchasing an additional 842,257 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of Fluence Energy during the first quarter valued at approximately $109,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Fluence Energy by 2.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,559 shares of the company’s stock valued at $575,000 after buying an additional 3,364 shares during the period. Goldman Sachs Group Inc. raised its stake in Fluence Energy by 189.7% in the first quarter. Goldman Sachs Group Inc. now owns 3,171,146 shares of the company’s stock worth $15,380,000 after buying an additional 2,076,668 shares in the last quarter. Finally, Strs Ohio bought a new position in Fluence Energy in the first quarter worth approximately $93,000. Hedge funds and other institutional investors own 53.16% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on FLNC. UBS Group increased their price objective on shares of Fluence Energy from $6.00 to $8.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. HSBC downgraded Fluence Energy from a “hold” rating to a “reduce” rating and set a $5.00 target price on the stock. in a research report on Wednesday, August 13th. Jefferies Financial Group raised their price target on Fluence Energy from $5.00 to $11.00 and gave the company an “underperform” rating in a report on Thursday, October 9th. The Goldman Sachs Group upped their price objective on Fluence Energy from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Hsbc Global Res lowered shares of Fluence Energy from a “hold” rating to a “moderate sell” rating in a report on Wednesday, August 13th. Four investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $9.48.

About Fluence Energy

Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.