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 |
|---|---|---|---|
| 3/5/2025 | $8.00 | Outperform | Mizuho |
| 2/13/2025 | $20.00 → $8.00 | Buy → Neutral | BofA Securities |
| 2/12/2025 | $25.00 → $7.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 2/12/2025 | $28.00 → $8.00 | Buy → Neutral | UBS |
| 2/12/2025 | $20.00 → $6.50 | Buy → Neutral | ROTH MKM |
| 2/12/2025 | Outperform → Peer Perform | Wolfe Research | |
| 2/11/2025 | $22.00 → $10.00 | Outperform → Market Perform | BMO Capital Markets |
| 2/11/2025 | $26.00 → $6.00 | Buy → Sell | Guggenheim |
| 1/22/2025 | $22.00 → $15.00 | Buy → Hold | Jefferies |
| 12/18/2024 | $24.00 → $20.00 | Outperform → Neutral | Robert W. Baird |
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)
Mizuho initiated coverage of Fluence with a rating of Outperform and set a new price target of $8.00
BofA Securities downgraded Fluence from Buy to Neutral and set a new price target of $8.00 from $20.00 previously
UBS downgraded Fluence from Buy to Neutral and set a new price target of $8.00 from $28.00 previously
RBC Capital Mkts downgraded Fluence from Outperform to Sector Perform and set a new price target of $7.00 from $25.00 previously
ROTH MKM downgraded Fluence from Buy to Neutral and set a new price target of $6.50 from $20.00 previously
Wolfe Research downgraded Fluence from Outperform to Peer Perform
BMO Capital Markets downgraded Fluence from Outperform to Market Perform and set a new price target of $10.00 from $22.00 previously
Guggenheim downgraded Fluence from Buy to Sell and set a new price target of $6.00 from $26.00 previously
Jefferies downgraded Fluence from Buy to Hold and set a new price target of $15.00 from $22.00 previously
Robert W. Baird downgraded Fluence from Outperform to Neutral and set a new price target of $20.00 from $24.00 previously
10-Q - Fluence Energy, Inc. (0001868941) (Filer)
8-K - Fluence Energy, Inc. (0001868941) (Filer)
DEFA14A - Fluence Energy, Inc. (0001868941) (Filer)
DEF 14A - Fluence Energy, Inc. (0001868941) (Filer)
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)
ARLINGTON, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Cordelio Power, an independent power producer that develops, owns, and manages power facilities across the United States and Canada and Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a leading global provider of intelligent energy storage solutions, services, and optimization software for power assets, today announced an agreement under which Fluence will supply 1 GWh of battery storage systems across three projects starting in 2026. These U.S. projects will utilize domestically manufactured batteries, modules, software, and supporting systems. The collaboration between Fluence and Cordelio Power will help advance U.S.-manufactured energy
ARLINGTON, Va., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today announced Smartstack™, a high-density, AC-based energy storage platform, now commercially available for grid-scale applications worldwide with customer deliveries scheduled to begin in the last quarter of 2025. Combining smart performance, predictive servicing, top safety levels, and a future-ready modular design, Smartstack addresses critical industry challenges brought on by unprecedented growth and demand including performance, transportation logistics constraints, and land use.
ARLINGTON, Va., Feb. 10, 2025 (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 ended December 31, 2024. Financial Highlights for Fiscal Quarter ended December 31, 2024 Revenue of approximately $186.8 million, which represents a decrease of approximately 49% from the same quarter last year, primarily driven by the pronounced backend nature of expected revenue for full year 2025 compared to the revenue distribution seen in full year 2024.GAAP gross profit margin improved to approximately
Proven energy industry executive brings over 25 years of extensive financial, operational, and strategic leadership experience in energy sector to drive disciplined growth and value creation OPAL Fuels Inc. (NASDAQ:OPAL), today announced the appointment of Kazi Hasan as Chief Financial Officer, effective February 3, 2025. Mr. Hasan succeeds Scott Contino, who has served as interim CFO since October 2023. Mr. Contino will continue in his role as Chief Financial Officer of the Company's sponsor, Fortistar. With over 25 years of operational, financial, and strategic leadership experience in the power, utility, and renewable energy sectors, Mr. Hasan has a proven track record of creating sh
ARLINGTON, Va., Jan. 28, 2025 (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, 2024 on Monday, February 10th, 2025, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, February 11th, 2025, 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 participa
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
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)
ARLINGTON, Va., Feb. 10, 2025 (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 ended December 31, 2024. Financial Highlights for Fiscal Quarter ended December 31, 2024 Revenue of approximately $186.8 million, which represents a decrease of approximately 49% from the same quarter last year, primarily driven by the pronounced backend nature of expected revenue for full year 2025 compared to the revenue distribution seen in full year 2024.GAAP gross profit margin improved to approximately
ARLINGTON, Va., Jan. 28, 2025 (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, 2024 on Monday, February 10th, 2025, after market close. The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, February 11th, 2025, 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 participa
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
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)
Proven energy industry executive brings over 25 years of extensive financial, operational, and strategic leadership experience in energy sector to drive disciplined growth and value creation OPAL Fuels Inc. (NASDAQ:OPAL), today announced the appointment of Kazi Hasan as Chief Financial Officer, effective February 3, 2025. Mr. Hasan succeeds Scott Contino, who has served as interim CFO since October 2023. Mr. Contino will continue in his role as Chief Financial Officer of the Company's sponsor, Fortistar. With over 25 years of operational, financial, and strategic leadership experience in the power, utility, and renewable energy sectors, Mr. Hasan has a proven track record of creating sh
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