America has adhd. Give it a few weeks tops. It's like everything else---> news today, forgotten tomorrow.
GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
America is also fat.
Fluence Energy
FLNC
$ 24.23
$0.27
1.11%
5%
Composite Rating
83/99
Industry Group Ranking
163/197
Emerging Pattern
Consolidation
* All data shown was captured at 12:55PM EDT on 05/30/2023.
Fluence Energy (FLNC) is Tuesday's IBD Stock Of The Day, as the renewable energy storage company looks to ride the Inflation Reduction Act (IRA) to profitability in coming months. FLNC jumped Tuesday, clearing an early entry and flirting with an official buy point.
Similar to Tesla's (TSLA) Megapack energy storage business, Virginia-based Fluence Energy engages in grid-scale energy storage products and services. The company is also developing artificial intelligence applications to maximize renewable energy storage solutions. In a joint venture, Siemens (SIEGY) and AES (AES) founded Fluence Energy is June 2021.
Fluence Energy has not yet posted a profit, but analysts project that will soon change as the Inflation Reduction Act, signed last year by President Joe Biden, is set to be a tailwind for U.S. renewable energy projects in coming years.
In the second quarter, FLNC reported a loss of 14 cents per share. That was less than expected and down from a loss of 31 cents a year ago. Meanwhile, Q2 revenue soared 103% to $698 million.
Wall Street forecasts a loss of 65 cents per share in fiscal 2023. However, analysts expect Fluence Energy to be profitable in fiscal 2024, with full-year earnings of 9 cents per share. Wall Street expects FLNC profits to be $1.44 per share by 2026.<----
<Woa that's the type of super growth I am looking for! > stoney
Meanwhile, analysts expect FLNC revenue to grow 60% to $1.92 billion in fiscal 2023 before leaping another 38% in fiscal 2024 to $2.65 billion.
Fluence Energy And The IRA
CEO Julian Nebreda said on May 11 there will likely be projects in the second half of 2023 that are "directly attributable to the Inflation Reduction Act."
The IRA specifically provides approximately $370 billion in clean energy investments, including investment tax credits (ITC) for stand-alone storage. However, executives signaled caution during the recent earnings call.
"We are pleased to see that some of the initial IRA regulations have been released by the U.S. Treasury. However, we're still waiting on the domestic content regulations," Nebreda said during the Q2 earnings call.
"Our 2024 growth expectations remain unchanged irrespective of the final regulations being published," he added. Fluence Energy expects consolidated revenue growth of 35%-40% year over year for fiscal 2024.
Fluence Energy Stock
FLNC popped 6% to 24.50 Tuesday during market trade. Fluence Energy stock broke a downtrend handle Tuesday and is now hovering just below its official 24.87 buy point, according to MarketSmith analysis. FLNC stock did hit 25.28 intraday.
FLNC has advanced 56% since it hit a low of 15.82 on May 4. Fluence Energy stock is up 37% in May and 44% since the end of 2022. On May 11, Fluence Energy reported better-than-expected Q2 2o23 financials and shares jumped around 7%. This came after a run-up of strong volume on the way up in early May around earnings.
Fluence Energy stock ranks second in IBD's Energy-Alternative/Other industry group. FLNC has a 79 Composite Rating out of 99. Shares also have an 96 Relative Strength Rating. The EPS Rating for Fluence Energy stock is 55 out of 99.
Fluence Energy
FLNC
$ 24.23
$0.27
- Revenue growth booming, but not profitable yet
Composite Rating
83/99
Industry Group Ranking
163/197
Emerging Pattern
Consolidation
* All data shown was captured at 12:55PM EDT on 05/30/2023.
Fluence Energy (FLNC) is Tuesday's IBD Stock Of The Day, as the renewable energy storage company looks to ride the Inflation Reduction Act (IRA) to profitability in coming months. FLNC jumped Tuesday, clearing an early entry and flirting with an official buy point.
Similar to Tesla's (TSLA) Megapack energy storage business, Virginia-based Fluence Energy engages in grid-scale energy storage products and services. The company is also developing artificial intelligence applications to maximize renewable energy storage solutions. In a joint venture, Siemens (SIEGY) and AES (AES) founded Fluence Energy is June 2021.
Fluence Energy has not yet posted a profit, but analysts project that will soon change as the Inflation Reduction Act, signed last year by President Joe Biden, is set to be a tailwind for U.S. renewable energy projects in coming years.
In the second quarter, FLNC reported a loss of 14 cents per share. That was less than expected and down from a loss of 31 cents a year ago. Meanwhile, Q2 revenue soared 103% to $698 million.
Wall Street forecasts a loss of 65 cents per share in fiscal 2023. However, analysts expect Fluence Energy to be profitable in fiscal 2024, with full-year earnings of 9 cents per share. Wall Street expects FLNC profits to be $1.44 per share by 2026.<----
<Woa that's the type of super growth I am looking for! > stoney
Meanwhile, analysts expect FLNC revenue to grow 60% to $1.92 billion in fiscal 2023 before leaping another 38% in fiscal 2024 to $2.65 billion.
Fluence Energy And The IRA
CEO Julian Nebreda said on May 11 there will likely be projects in the second half of 2023 that are "directly attributable to the Inflation Reduction Act."
The IRA specifically provides approximately $370 billion in clean energy investments, including investment tax credits (ITC) for stand-alone storage. However, executives signaled caution during the recent earnings call.
"We are pleased to see that some of the initial IRA regulations have been released by the U.S. Treasury. However, we're still waiting on the domestic content regulations," Nebreda said during the Q2 earnings call.
"Our 2024 growth expectations remain unchanged irrespective of the final regulations being published," he added. Fluence Energy expects consolidated revenue growth of 35%-40% year over year for fiscal 2024.
Fluence Energy Stock
FLNC popped 6% to 24.50 Tuesday during market trade. Fluence Energy stock broke a downtrend handle Tuesday and is now hovering just below its official 24.87 buy point, according to MarketSmith analysis. FLNC stock did hit 25.28 intraday.
FLNC has advanced 56% since it hit a low of 15.82 on May 4. Fluence Energy stock is up 37% in May and 44% since the end of 2022. On May 11, Fluence Energy reported better-than-expected Q2 2o23 financials and shares jumped around 7%. This came after a run-up of strong volume on the way up in early May around earnings.
Fluence Energy stock ranks second in IBD's Energy-Alternative/Other industry group. FLNC has a 79 Composite Rating out of 99. Shares also have an 96 Relative Strength Rating. The EPS Rating for Fluence Energy stock is 55 out of 99.
I've had a little FLNC for a long time. I think May of 22' almost a year it was $18-$19 that's along wait and still we are only $24
GBA Upgrade: Fluence Energy, Inc. (FLNC)
NasdaqGS - NasdaqGS
24.80+0.30 (+1.22%) & $24.87 buy point
GBA Upgrade: Fluence Energy, Inc. (FLNC)
NasdaqGS - NasdaqGS
24.80+0.30 (+1.22%) & $24.87 buy point
Two things here...
1) There's 12 weeks in a quarter, not 20.
And two...
2) Yes it did base. A generous chart estimation would be at an average of around $24... give or take. AND... It was up nearly 25% in the last two days prior to earnings off that base.
Soooo... I am not trying to jinx your "hold on for $33-$36"... but a 25% off a base pre-earnings in the 3 days prior is quite a move.
Master-Class #317----> understanding whales gaming options.
You should have sold at $31.
But as always, we shall see.
Van whales gaming options is why I get my great discounts they are soooo stupid.
Admit it.
Buy my BFH idea******
Admit it.
Buy my BFH idea******
Van 2 months..... with that firm buying all those shares.... This seems like a layup // these options were actually busy! I think last I checked 90 contracts--
good luck.
I haven't looked at this one yet.
What is BFH?
I assume you posted it earlier.
I'll look.
Stoney....
Let the record speak for itself.
ahhhhhh 9-2 The Option King record does speak for itself!
Bread Fin <---- the whales threw it away like bad blubber....
Let the record speak for itself.
ahhhhhh 9-2 The Option King record does speak for itself!
Bread Fin <---- the whales threw it away like bad blubber....
B is for Bread
F is for financial
H is for holdings.
Geeze I thought i was the stoned one-- you already told me you loved the idea '
best yet ' So I pounced today!!!!
F is for financial
H is for holdings.
Geeze I thought i was the stoned one-- you already told me you loved the idea '
best yet ' So I pounced today!!!!