Fluence Energy, Inc. provides energy storage products and services, and digital applications for renewables and storage applications worldwide. The company sells energy storage products with integrated hardware, software, and digital intelligence, as well as engineering and delivery services to support the deployment of its storage products; operational and maintenance, and energy storage-as-a-service; and digital applications and solutions. It serves utilities, developers, and commercial and industrial customers. The company was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, LLC operates as a subsidiary of Siemens Aktiengesellschaft and The AES Corporation.
IPO Year: 2021
Exchange: NASDAQ
Website: fluenceenergy.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2024 | $24.00 → $20.00 | Outperform → Neutral | Robert W. Baird |
| 11/8/2024 | $22.00 | Underperform → Neutral | Exane BNP Paribas |
| 10/1/2024 | $32.00 → $24.00 | Buy → Neutral | Citigroup |
| 9/4/2024 | $26.00 | Buy | Jefferies |
| 8/9/2024 | $26.00 | Neutral → Buy | Guggenheim |
| 7/12/2024 | $21.00 | Sector Perform | Scotiabank |
| 7/10/2024 | $25.00 | Buy | Truist |
| 6/6/2024 | Buy → Neutral | Guggenheim | |
| 4/3/2024 | $22.00 | Mkt Perform → Outperform | Raymond James |
| 2/26/2024 | $24.00 | Neutral → Positive | Susquehanna |
NATICK, Mass., May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ:CGNX), a leading provider of machine vision for factory and warehouse automation, today announced the appointment of Dennis Fehr as Senior Vice President of Finance and Chief Financial Officer, effective May 3, 2024. In this role, Fehr will lead Cognex's global finance and information technology organizations. Fehr brings over 20 years of global experience across manufacturing, technology, and energy industries. Most recently, Fehr was the CFO of 6K Inc, a manufacturing technology company focused on strategi
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
Robert W. Baird downgraded Fluence from Outperform to Neutral and set a new price target of $20.00 from $24.00 previously
Exane BNP Paribas upgraded Fluence from Underperform to Neutral and set a new price target of $22.00
Citigroup downgraded Fluence from Buy to Neutral and set a new price target of $24.00 from $32.00 previously
Jefferies initiated coverage of Fluence with a rating of Buy and set a new price target of $26.00
Guggenheim upgraded Fluence from Neutral to Buy and set a new price target of $26.00
Scotiabank initiated coverage of Fluence with a rating of Sector Perform and set a new price target of $21.00
Truist initiated coverage of Fluence with a rating of Buy and set a new price target of $25.00
Guggenheim downgraded Fluence from Buy to Neutral
Raymond James upgraded Fluence from Mkt Perform to Outperform and set a new price target of $22.00
Susquehanna upgraded Fluence from Neutral to Positive and set a new price target of $24.00
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
4 - Fluence Energy, Inc. (0001868941) (Issuer)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G/A - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G - Fluence Energy, Inc. (0001868941) (Subject)
SC 13G - Fluence Energy, Inc. (0001868941) (Subject)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
10-K - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
10-Q - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
SD - Fluence Energy, Inc. (0001868941) (Filer)
8-K/A - Fluence Energy, Inc. (0001868941) (Filer)
ARLINGTON, Va., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the completion of the previously announced offering of $400.0 million aggregate principal amount of 2.25% convertible senior notes due 2030 (the "Notes"). Fluence also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50.0 million aggregate principal amount of the Notes. The Notes issued on December 12, 2024 in
Deflagration testing conducted by Fluence and DNV, along with large-scale fire testing by Fluence and CSA Group, confirms Gridstack Pro 2000, featuring Fluence's U.S.-manufactured battery modules, as the first domestic content solution to exceed the industry's top safety standards ARLINGTON, Va., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the successful completion and passing of rigorous deflagration and fire safety testing for the first Gridstack Pro system. The fire test included Fluence's U.S-manufactured battery m
ARLINGTON, Va., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced that it has upsized and priced an offering of $350.0 million aggregate principal amount of 2.25% convertible senior notes due 2030 (the "Notes"). The offering size was increased from the previously announced offering size of $300.0 million aggregate principal amount of Notes. The issuance and sale of the Notes are scheduled to settle on December 12, 2024, subject to customary closing conditions. Fluence also granted the initial purchasers of the
ARLINGTON, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its intention to offer, subject to market and other conditions, $300.0 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. Fluence also expects to grant the initi
ARLINGTON, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months and full fiscal year ended September 30, 2024. Fiscal Year 2024 Financial Highlights Record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively.GAAP gross profit margin improved to approxima
ARLINGTON, Va., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the fourth quarter and fiscal year ended September 30, 2024 on Monday, November 25th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, November 26th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q4 Earnings Call Registration Link. Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audi
WASHINGTON, Oct. 8, 2024 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 24,000 board members, today announced the honorees of the 2024 NACD Directorship 100™, an annual recognition of the leading corporate directors and corporate governance experts who make a profound difference in boardroom practices and performance. The award categories include the B. Kenneth West Lifetime Achievement Award, Public Company Director of the Year, Private Company Director of the Year, Nonprofit Director of the Year, NACD Directorship 100: Directors, and NACD Directorship 100: Governance Professionals. The B. Kenneth West Life
ARLINGTON, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the start of domestic production of its battery modules at a facility in Utah. These battery modules will incorporate battery cells manufactured in Tennessee. This marks a key step in Fluence's strategy to scale module production with domestically sourced components to meet increasing domestic demand for utility-scale energy storage. Fluence's domestically manufactured battery modules seamlessly integrate with Fluence's battery management system to deliver in
Furthers Growth of Marathon Capital's Equity Capital Markets Offering Marathon Capital, a leading financial advisory and investment banking firm to the clean economy, has announced that James Fitzgerald has joined the firm as Head of Institutional Sales. Based in New York, Mr. Fitzgerald will be responsible for leading the continued rollout of Marathon Capital's Equity Research and Equity Capital Markets ("ECM") products. Mr. Fitzgerald was most recently Executive Director, Institutional Equity Sales at Tudor, Pickering, Holt & Co (the energy business of Perella Weinberg Partners), where he provided coverage and long-term relationship management of hedge fund, long only, family office, an
Researched by Industrial Info Resources -- California is no stranger to massive heat waves and resulting power shortages. But record temperatures this summer--sometimes exceeding 110 degrees Fahrenheit--are not resulting in rolling blackouts, voluntary power reductions, or even text-message warnings from the state. The reason? Battery energy-storage system (BESS) technology, which has skyrocketed from 1,474 megawatts (MW) of installed capacity in 2020 to 10,383 MW so far in 2024, according to the California Energy Commission. Industrial Info is tracking more than $4.5 billion worth of BESS projects nearing or under construction across California, more than half of which is attributed to gra
ARLINGTON, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months and full fiscal year ended September 30, 2024. Fiscal Year 2024 Financial Highlights Record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively.GAAP gross profit margin improved to approxima
ARLINGTON, Va., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the fourth quarter and fiscal year ended September 30, 2024 on Monday, November 25th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, November 26th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q4 Earnings Call Registration Link. Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audi
ARLINGTON, Va., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and nine months ended June 30, 2024. Financial Highlights for Third Fiscal Quarter ended June 30, 2024 Revenue of approximately $483.3 million, which represents a decrease of approximately 10% from the same quarter last year, primarily driven by timing of product deliveries.GAAP gross profit margin improved to approximately 17.2%, compared to approximately 4.1% for the same quarter last year, reflecting Compan
ARLINGTON, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the third quarter ended June 30, 2024 on Wednesday, August 7th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. ET on Thursday, August 8th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q3 Earnings Call Registration Link. Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participants, and no
ARLINGTON, Va., May 08, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and six months ended March 31, 2024. Financial Highlights for Second Fiscal Quarter ended March 31, 2024 Revenue of approximately $623.1 million, which represents a decrease of approximately 11% from the same quarter last year, primarily driven by timing of product deliveries.GAAP gross profit margin improved to approximately 10.3%, compared to approximately 4.4% for the same quarter last year.Adjus
ARLINGTON, Va., April 22, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the second quarter ended March 31, 2024 on Wednesday, May 8th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Thursday, May 9th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q2 Earnings Call Registration Link. Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participants, and non-
ARLINGTON, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three months ended December 31, 2023. Financial Highlights for First Fiscal Quarter ending December 31, 2023 Quarterly revenue of approximately $364.0 million, which represents an increase of 17% from the same quarter last year.GAAP gross profit margin improved to approximately 10.0%, compared to approximately 3.9% for the same quarter last year.Adjusted gross profit margin1 improved to approximately 10.5
ARLINGTON, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the first quarter ended December 31, 2023 on Wednesday, February 7th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Thursday, February 8th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q1 Earnings Call Registration Link. Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participant
Fluence Appoints Ahmed Pasha as Chief Financial Officer Fluence Expects to Meet or Exceed Guidance for Fiscal Year 2023 Revenues and Adjusted Gross Profit; Announces Fourth Quarter 2023 Earnings Release Date ARLINGTON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced that Ahmed Pasha will succeed Manavendra Sial (Manu) as Senior Vice President and Chief Financial Officer of the Company, effective January 1, 2024. Mr. Pasha has most recently served as Chief Financial Officer of the US Utiliti
Raising Full Fiscal Year 2023 Guidance on Strong Quarterly Execution Secured US Battery Cells to Support Domestic Content Requirements Under Inflation Reduction Act ARLINGTON, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (NASDAQ:FLNC) ("Fluence" or the "Company"), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three months ended June 30, 2023. Financial Highlights for Third Fiscal Quarter of 2023 Quarterly revenue of approximately $536.4 million which represents an increase of 124% year-over-year.GAAP gross profit margin improved to approxima