Fluence Energy, Inc. $FLNC Shares Acquired by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd increased its stake in shares of Fluence Energy, Inc. (NASDAQ:FLNC) by 64,545.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,091,216 shares of the company’s stock after buying an additional 1,089,528 shares during the quarter. ANTIPODES PARTNERS Ltd owned about 0.60% of Fluence Energy worth $11,786,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FLNC. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Fluence Energy during the 3rd quarter worth approximately $140,000. CenterBook Partners LP raised its stake in shares of Fluence Energy by 99.8% during the third quarter. CenterBook Partners LP now owns 446,711 shares of the company’s stock worth $4,824,000 after purchasing an additional 223,099 shares during the last quarter. Andar Capital Management HK Ltd acquired a new stake in shares of Fluence Energy during the third quarter worth $2,160,000. Stratos Wealth Partners LTD. grew its position in Fluence Energy by 28.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 27,594 shares of the company’s stock valued at $298,000 after buying an additional 6,084 shares during the last quarter. Finally, Essex Investment Management Co. LLC purchased a new position in Fluence Energy in the 3rd quarter valued at $574,000. Institutional investors and hedge funds own 53.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FLNC shares. Mizuho set a $13.00 target price on shares of Fluence Energy in a research note on Friday, February 6th. The Goldman Sachs Group raised their price objective on shares of Fluence Energy from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Susquehanna reaffirmed a “positive” rating and issued a $27.00 price objective on shares of Fluence Energy in a report on Friday, February 6th. Wall Street Zen raised Fluence Energy from a “sell” rating to a “hold” rating in a research note on Sunday, November 2nd. Finally, Canaccord Genuity Group raised their price target on Fluence Energy from $10.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fluence Energy presently has a consensus rating of “Hold” and an average target price of $16.25.

Fluence Energy Stock Performance

Shares of FLNC stock opened at $16.55 on Friday. The stock has a fifty day moving average price of $22.51 and a 200 day moving average price of $17.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.08 and a current ratio of 1.48. The stock has a market cap of $3.04 billion, a PE ratio of -37.61 and a beta of 2.90. Fluence Energy, Inc. has a 1 year low of $3.46 and a 1 year high of $33.51.

Fluence Energy (NASDAQ:FLNC) last posted its earnings results on Wednesday, February 4th. The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.16). Fluence Energy had a negative net margin of 2.04% and a negative return on equity of 10.10%. The business had revenue of $475.23 million for the quarter, compared to analysts’ expectations of $444.23 million. During the same quarter last year, the business posted ($0.32) earnings per share. The business’s revenue was up 154.4% compared to the same quarter last year. Sell-side analysts forecast that Fluence Energy, Inc. will post 0.08 earnings per share for the current fiscal year.

Fluence Energy Profile

Fluence Energy is a leading global provider of energy storage products and services, specializing in the deployment of advanced battery systems to support grid stability and renewable integration. The company develops, engineers and delivers turnkey energy storage solutions designed to optimize the reliability, efficiency and economic performance of power networks. By combining hardware, software and lifecycle services, Fluence addresses the growing need for flexible energy assets in an evolving electricity landscape.

The company’s core offerings include modular energy storage platforms that pair lithium-ion battery technology with control and optimization software.