On Nov 28, major Wall Street analysts update their ratings for $Fluence Energy (FLNC.US)$, with price targets ranging from $20 to $26.
BofA Securities analyst Dimple Gosai maintains with a buy rating, and maintains the target price at $25.
Evercore analyst James West maintains with a buy rating, and adjusts the target price from $47 to $26.
TD Cowen analyst Nicholas Amicucci maintains with a buy rating, and adjusts the target price from $47 to $26.
Piper Sandler analyst Kashy Harrison maintains with a hold rating, and adjusts the target price from $16 to $20.
Roth MKM analyst Justin Clare maintains with a buy rating, and adjusts the target price from $25 to $23.
Furthermore, according to the comprehensive report, the opinions of $Fluence Energy (FLNC.US)$'s main analysts recently are as follows:
Fluence Energy's recent FY24 results were mostly in-line to positive compared to consensus estimates, and the backlog remains strong despite concerns about the impact of changes in the US political administration on the industry.
Expectations that the revenue guidance for the latter half of FY25 and anticipated large working capital outflows in 2025 may pose short-term challenges. However, ongoing late-stage negotiations on significant contracts anticipated to be disclosed with Q1 earnings and additional orders expected to be finalized soon might provide catalysts to firm up guidance and boost management's confidence in future projections.
Following the Q4 report, the company persists in experiencing robust growth; however, a consistent inability to meet expectations has fostered investor skepticism. This sentiment was not eased by an 80% revenue projection for the second half of fiscal 2025, which has been perceived as overly optimistic. The company's 2025 outlook is seen as demanding significant investor trust and leaving numerous unresolved questions. Nonetheless, it is noted that the company continues to enhance its market presence, with its digital backlog now surpassing 64 GW, of which 4.5 GW is firmly contracted.
Here are the latest investment ratings and price targets for $Fluence Energy (FLNC.US)$ from 5 analysts:
Note:
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