Fluence Energy Receives ‘Moderate Buy’ Recommendation from Brokerages
October 31, 2023
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Fluence Energy ($NASDAQ:FLNC) Inc. (FLU) has recently received an average recommendation of “Moderate Buy” from brokerages. The company provides utility, commercial, and industrial customers with reliable energy storage and optimization products and services that enable better control, utilization, and management of energy. The “Moderate Buy” recommendation from brokerages is based on Fluence’s strong financial performance, including growing revenue and expanding margins. The company’s long-term contracts with its customers provide significant stability to its operations.
Additionally, its strong balance sheet and targeted capital expenditures support the company’s long-term growth. Fluence Energy Inc. is well-positioned to benefit from rising demand for energy storage solutions as more businesses seek to optimize their energy costs. The company is focused on increasing its presence in the rapidly growing energy storage industry and continues to develop new solutions to meet customer needs. With the positive outlook for Fluence Energy Inc., the “Moderate Buy” recommendation from brokerages should provide investors with confidence in their investments.
Share Price
The stock opened at $17.5 and closed at $17.3, increasing slightly from its prior closing price of $17.3 by 0.1%. This increase in share price may be attributed to the positive outlook given by the brokerages. The Moderate Buy rating is an indication that the company has potential for future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fluence Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.99k | -110.04 | -5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fluence Energy. More…
| Operations | Investing | Financing |
| -381.93 | -17.9 | 54.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fluence Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.56k | 1.02k | 3.32 |
Key Ratios Snapshot
Some of the financial key ratios for Fluence Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 135.2% | – | -8.2% |
| FCF Margin | ROE | ROA |
| -19.9% | -25.5% | -6.5% |
Analysis
GoodWhale conducted an analysis of FLUENCE ENERGY‘s wellbeing, and according to our Star Chart, FLUENCE ENERGY is classified as ‘cheetah’ – a type of company that has achieved high revenue or earnings growth. However, it is considered less stable due to lower profitability. Our analysis also showed that FLUENCE ENERGY is strong in assets and growth, but weak in dividend and profitability. In terms of health, FLUENCE ENERGY scored 6/10, which means the company might be able to sustain future operations in times of crisis. Given its features, FLUENCE ENERGY could be an attractive option for investors with higher risk appetite seeking high potential returns. On the other hand, more conservative investors may prefer companies with higher stability in the form of increased profitability and higher dividend yields. More…
Peers
Its competitors are Energy Vault Holdings Inc, China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd, and Nevo Energy Inc.
– Energy Vault Holdings Inc ($NYSE:NRGV)
As of 2022, Energy Vault Holdings Inc has a market cap of 496.1M and a Return on Equity of 43.81%. The company is a provider of energy storage solutions. Energy Vault’s technology enables the storage of renewable energy in the form of gravitational potential energy. The company’s storage solutions are designed to provide grid-scale energy storage that is cost-effective, efficient, and scalable.
– China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd ($SZSE:003035)
As of 2022, Southern Power Grid Energy Efficiency & Clean Energy Co Ltd has a market capitalization of 22.27 billion and a return on equity of 9.23%. The company is engaged in the transmission and distribution of electricity in China.
– Nevo Energy Inc ($OTCPK:NEVE)
Nevo Energy Inc is a Canadian oil and gas company with a market capitalization of $746.77 million as of March 2021. The company has a return on equity of 19.78%. Nevo Energy Inc is engaged in the exploration, development, production, and marketing of crude oil and natural gas in Canada.
Summary
Recent investment analysis on Fluence Energy, Inc. has been positive, with several brokerages giving the company a “Moderate Buy” rating. This indicates that there is potential for a moderate but steady return on capital invested in the company. Analysts have also noted the potential for further growth and development of the company’s products and services. As such, Fluence Energy is seen as a strong potential investment, with moderate returns and the possibility of further gains in the near future.
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