On Nov 27, major Wall Street analysts update their ratings for $Fluence Energy (FLNC.US)$, with price targets ranging from $20 to $47.
Morgan Stanley analyst Andrew Percoco maintains with a hold rating, and maintains the target price at $28.
BofA Securities analyst Dimple Gosai maintains with a buy rating, and adjusts the target price from $24 to $25.
Citi analyst Vikram Bagri maintains with a hold rating, and maintains the target price at $24.
Barclays analyst Christine Cho CFA maintains with a buy rating, and maintains the target price at $28.
Evercore analyst Jason Bandel initiates coverage with a buy rating, and sets the target price at $26.
Furthermore, according to the comprehensive report, the opinions of $Fluence Energy (FLNC.US)$'s main analysts recently are as follows:
Fluence Energy reported results for FY24 that were largely consistent with or exceeding consensus expectations, complemented by a robust backlog, despite industry concerns triggered by recent shifts in the US political landscape.
Anticipation that the calculated heavy weighting of FY25 revenue expectations, along with predictions of significant working capital outflows in 2025, may impact the stock's short-term performance. Further catalysts that could prompt stricter guidance adjustments include advanced negotiations on $1.5B worth of contracts potentially announced by Q1 earnings, and other orders possibly concluding in March, enhancing management's confidence in future projections.
Following the Q4 report, Fluence Energy continues to exhibit strong growth, yet a gap in meeting expectations remains a concern for investors, particularly with an 80% second-half weighted revenue guidance for fiscal 2025. This guidance has sparked further questions rather than assurances. Despite these concerns, the company is making progress in the market, as evidenced by its digital backlog now exceeding 64 GW, with 4.5 GW of this contracted.
Here are the latest investment ratings and price targets for $Fluence Energy (FLNC.US)$ from 10 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
