Electricity storage and software provider Fluence (NASDAQ: FLNC) will be reporting results this Monday after market close. Here’s what to expect.
Fluence Energy missed analysts’ revenue expectations by 21.1% last quarter, reporting revenues of $602.5 million, up 24.7% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. It reported 21,600 deployed megawatts for digital contracts, up 18% year on year.
Is Fluence Energy a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Fluence Energy’s revenue to grow 12.8% year on year to $1.39 billion, slowing from the 82.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fluence Energy has missed Wall Street’s revenue estimates four times over the last two years.
Looking at Fluence Energy’s peers in the renewable energy segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Bloom Energy delivered year-on-year revenue growth of 57.1%, beating analysts’ expectations by 22.8%, and EnerSys reported revenues up 7.6%, topping estimates by 6.9%. Bloom Energy traded up 18.1% following the results while EnerSys was also up 1.9%.
Read our full analysis of Bloom Energy’s results here and EnerSys’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the renewable energy stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.3% on average over the last month. Fluence Energy is down 19.5% during the same time and is heading into earnings with an average analyst price target of $11.47 (compared to the current share price of $15.56).
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
