Piper Sandler analyst Kashy Harrison has revised the price target for Fluence Energy (FLNC, Financial), lowering it from $10 to $4 while maintaining a Neutral rating on the company's shares. This adjustment arises from significant challenges in the energy sector, particularly concerning the global battery supply chain.
The analyst highlights the vulnerability of U.S. energy storage development to tariffs imposed due to China's significant influence over the battery supply chain. This situation poses a substantial risk within the firm's coverage, potentially hindering growth and profitability.
Furthermore, an oversupply in the market is contributing to decreased global pricing, compounding the difficulties faced by companies like Fluence. Piper Sandler anticipates that these factors will create a "perfect storm" for Fluence Energy by 2025, suggesting that the company may encounter growing challenges in the coming years.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Fluence Energy Inc (FLNC, Financial) is $8.61 with a high estimate of $30.00 and a low estimate of $2.00. The average target implies an upside of 133.30% from the current price of $3.69. More detailed estimate data can be found on the Fluence Energy Inc (FLNC) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Fluence Energy Inc's (FLNC, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fluence Energy Inc (FLNC, Financial) in one year is $28.62, suggesting a upside of 675.61% from the current price of $3.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fluence Energy Inc (FLNC) Summary page.
