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0 0.00047214353163369 -0.00118035882908397 -0.00472143531633607 -0.0146364494806421 -0.0203021718602455 -0.0283050047214353 -0.0217186024551462
Stock impact report

Why Fluence Energy (FLNC) Shares Are Plunging Today [Yahoo! Finance]

Fluence Energy, Inc. (FLNC) 
Company Research Source: Yahoo! Finance
analysts pointed to a significant potential downside, citing pricing pressures and a weak earnings outlook. An analysis of numerous Wall Street analysts revealed a median price target that implied a more than 26% downside from its trading price. This cautious view was based on several business challenges. The company's average selling prices had decreased by 26% year-over-year, which suggested market pricing pressure. Furthermore, its adjusted earnings guidance for the fiscal year fell below expectations, and the company faced rising operating costs and difficulties in maintaining profitability. The broader analyst community held a neutral or "Hold" consensus rating on the stock. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Fluence Energy? Access our full analysis report here Fluence Energy's shares are extremely volatile and have had 88 moves greater than 5% over the last year. In that Show less Read more
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