Fluence Energy logged a -15.5% change during today's evening session, and is now trading at a price of $23.01 per share. On average, analysts give it a target price of $32.67.
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The mid-cap company is based in the United States.
Make Sure to Consider the Following Before Buying Fluence Energy:
-
Fluence Energy has moved 43.0% over the last year.
-
FLNC has a forward P/E ratio of 20.9 based on its EPS guidance of 1.1.
-
The company has a price to earnings growth (PEG) ratio of 0.64.
-
Its Price to Book (P/B) ratio is 6.8
Fluence Energy Has Negative Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -381,929 | 7,136 | -389,065 | -34.01 |
| 2022 | -282,385 | 7,934 | -290,319 | -7.7 |
| 2021 | -265,269 | 4,292 | -269,561 | -1606.51 |
| 2020 | -14,016 | 1,780 | -15,796 |
Averaging $-241.19 Million over the last 4 years, the firm has consistently negative free cash flows. Their compounded average growth rate over this period is -33.5% with a year-on-year growth variability coefficient of 222.2%.
