Fluence Energy Stock Declines Following Mizuho Rating Cut
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: 1 day ago
0mins
Source: Yahoo Finance
- Fluence Energy Stock Performance: Fluence Energy (FLNC) shares experienced a decline of approximately 7.5% during recent trading on Monday.
- Analyst Downgrade Impact: The drop in share price followed a downgrade from Mizuho, indicating a negative shift in analyst sentiment towards the company.
FLNC.O$0.0000%Past 6 months

No Data
Analyst Views on FLNC
Wall Street analysts forecast FLNC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLNC is 12.57 USD with a low forecast of 7.50 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast FLNC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLNC is 12.57 USD with a low forecast of 7.50 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 22.860

Current: 22.860

Johnson Rice downgraded Fluence Energy to Hold from Buy with a price target of $18, up from $8.
Neutral -> Underperform
downgrade
$9 -> $15
Reason
Neutral -> Underperform
Reason
Mizuho downgraded Fluence Energy to Underperform from Neutral with a price target of $15, up from $9. The firm says the shares are pricing in "premature enthusiasm" around data center pipeline conversion, AESC's battery cell line integration, and potential upside to the pipeline. It cites higher battery storage demand and improved EBITDA margins for the target boost, but downgraded the shares on Fluence's premium valuation.
Neutral
maintain
$8 -> $22
Reason
UBS raised the firm's price target on Fluence Energy to $22 from $8 and keeps a Neutral rating on the shares. The firm cites Fluence Energy's increasing focus on strengthening profitability and upside to volume demand growth due to data center applications for battery storage hardware for the price target increase.
Neutral -> Hold
upgrade
$20
Reason
Citi raised the firm's price target on Fluence Energy to $20 from $7.50 and keeps a Neutral rating on the shares.
About FLNC
Fluence Energy, Inc. is a global provider of energy storage products and services, and optimization software for renewables and storage. With a presence in 47 markets globally, the Company provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and artificial intelligence (AI)-enabled optimization software for managing and optimizing renewables and storage from any provider. Its offerings include energy storage products and solutions, delivery services, recurring O&M services, and digital applications and solutions for energy storage and other power assets. Its energy storage solutions include Gridstack Pro, Gridstack, Sunstack, Edgestack, and Ultrastack. In addition, each of its energy storage solutions comes with its proprietary energy management system, Fluence OS. The Company’s cloud-based software products include Fluence Mosaic and Fluence Nispera.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.