Fluence Energy: A Strong Buy After The Drop [Seeking Alpha]
Fluence Energy, Inc. (FLNC)
Company Research
Source: Seeking Alpha
Despite a recent short report on the company and a legal matter that affected the share price, Fluence is firing on all cylinders. The company posted a solid Q1 2024 ER and reiterated guidance while expecting at least 35% CAGR for 2024 and 2025. Fluence is currently undervalued, thus, I reiterate my long-term strong buy rating. Thesis Fluence Energy, Inc. ( NASDAQ: FLNC ) is a pure-play, Energy Storage global leader. Specifically, the company provides battery electric storage systems (BESS), software solutions, and service packages. I presented Fluence in a previous article and set a strong buy rating. While still holding 75% of my long-term position, providing having been a buyer at ~$6.75, I decided to sell ~25% of my position at ~$31 for a more than lucrative profit (one of the few times I almost perfectly timed a bottom and a top). This was momentum-and-valuation-related action, and an opportunity to lock in some profits at the time. However, I plan to hold the rest of my
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News
- Cognex Names Dennis Fehr as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Fluence Energy, Inc. (FLNC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Fluence Energy, Inc. Announces Second Quarter 2024 Earnings Release Date, Conference Call and WebcastGlobeNewswire
- Fluence Releases Annual Sustainability Report [Yahoo! Finance]Yahoo! Finance
- Fluence Releases Annual Sustainability ReportGlobeNewswire
FLNC
Earnings
- 2/7/24 - Miss
FLNC
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/12/24 - Form 8-K
- FLNC's page on the SEC website