In a report released on May 10, Christine Cho CFA from Barclays maintained a Buy rating on Fluence Energy (FLNC – Research Report), with a price target of $30.00. The company’s shares closed last Friday at $16.73.
According to TipRanks, Cho CFA is ranked #5892 out of 8802 analysts.
In addition to Barclays, Fluence Energy also received a Buy from Goldman Sachs’s Brian K. Lee in a report issued on May 10. However, on the same day, Morgan Stanley maintained a Hold rating on Fluence Energy (NASDAQ: FLNC).
FLNC market cap is currently $2.99B and has a P/E ratio of -42.67.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLNC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Fluence Energy (FLNC) Company Description:
Fluence Energy Inc is enabling the global clean energy transition with market- leading energy storage products and services, and digital applications for renewables and storage.
Read More on FLNC:
- Fluence Energy price target lowered to $18 from $20 at Piper Sandler
- Fluence Energy price target lowered to $30 from $32 at Morgan Stanley
- Fluence Energy price target lowered to $27 from $31 at Roth MKM
- 3 Best Stocks to Buy Now, 5/10/2024, According to Top Analysts
- Fluence Energy backs FY24 revenue view $2.7B-$3.3B, consensus $2.97B
