Utilities sector company Fluence Energy posted a 0.6% performance today, while the S&P 500 returned 0.2%.
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications in the Americas, Asia Pacific, Europe, Middle-East, and Africa. The company is based in Arlington and has 967 full time employees. Its market capitalization is $4,115,346,108.
15 analysts are following Fluence Energy and have set target prices ranging from $14 to $32 per share. On average, they have given the company a rating of buy. At today's prices, FLNC is trading -4.61% away from its average analyst target price of $24.73 per share.
Over the last year, FLNC's share price has increased by 22.4%, which represents a difference of 34.1% when compared to the S&P 500. The stock's 52 week high is $24.93 per share whereas its 52 week low is $4.96. Fluence Energy has averaged free cash flows of $-137,682,500.0 over the last four years, with a mean growth rate of -592.5%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-09-30 | -282 | -8 | -290 | -7.7 |
| 2021-09-30 | -265 | -4 | -270 | -1606.51 |
| 2020-09-30 | -14 | -2 | -16 | -163.32 |
| 2019-09-30 | 28 | -3 | 25 | n/a |
