Prev Arrow Stocks

Flowserve Corporation ($FLS) Stock Forecast: Up 5.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Flowserve Corporation?

FLS is a leading provider of fluid motion and control products. The overall market sentiment today was bullish, with investors showing optimism and confidence in various sectors.

Why is Flowserve Corporation going up?

FLS stock is up 5.1% on Sep 24, 2024 14:35

  • FLS stock experienced a strong bullish movement today.
  • Siemens partnering with E.ON to expand the EV charging network in Europe likely boosted investor confidence in the electric vehicle sector.
  • The partnership signifies a significant step towards the widespread adoption of electric vehicles, which could positively impact companies like FLS that provide products for this industry.
  • The news of expanding EV infrastructure in Europe might have led investors to believe in the growth potential of FLS, contributing to the bullish movement in the stock price.

FLS Price Chart

FLS News

Siemens Partners With E.ON to Expand EV Charging Network in Europe

SIEGY signs a global framework agreement to bring fast-charging infrastructure to millions of electric vehicles in Europe.

https://www.zacks.com/stock/news/2337380/siemens-partners-with-eon-to-expand-ev-charging-network-in-europe

News Article Image Siemens Partners With E.ON to Expand EV Charging Network in Europe

Pendle ($PENDLE) Crypto Forecast: Up 6.8% Today

Worldcoin ($WLD) Crypto Forecast: Up 13.1% Today

Aave ($AAVE) Crypto Forecast: Up 5.8% Today

Ethena ($ENA) Crypto Forecast: Up 17.0% Today

Sei ($SEI) Crypto Forecast: Up 5.1% Today

BOOK OF MEME ($BOME) Crypto Forecast: Up 27.1% Today

Floki ($FLOKI) Crypto Forecast: Up 5.3% Today

Solana ($SOL) Crypto Forecast: Up 5.0% Today

Gala ($GALA) Crypto Forecast: Up 5.4% Today

Aptos ($APT) Crypto Forecast: Up 6.1% Today

Flowserve Corporation Price History

26.09.2023 - FLS Stock was up 5.4%

  • Flowserve (FLS) reported Q3 earnings and revenue that surpassed estimates, indicating strong financial performance.
  • The company's profit for the quarter increased from last year and beat Street estimates, further boosting investor confidence.
  • Flowserve's Non-GAAP EPS of $0.50 beat expectations by $0.07, showcasing positive growth.
  • Analysts are optimistic about Flowserve's earnings report and hope for positive guidance, potentially driving further growth in the stock.

24.08.2024 - FLS Stock was up 5.1%

  • FLS stock experienced a strong bullish movement today.
  • Siemens partnering with E.ON to expand the EV charging network in Europe likely boosted investor confidence in the electric vehicle sector.
  • The partnership signifies a significant step towards the widespread adoption of electric vehicles, which could positively impact companies like FLS that provide products for this industry.
  • The news of expanding EV infrastructure in Europe might have led investors to believe in the growth potential of FLS, contributing to the bullish movement in the stock price.

28.09.2023 - FLS Stock was down 6.4%

  • Flowserve's Q3 earnings and revenue surpassed estimates, indicating strong financial performance.
  • The company's profit for the quarter increased from last year, beating Street estimates.
  • Flowserve's Non-GAAP EPS of $0.50 beat expectations by $0.07, showcasing positive earnings growth.
  • Despite the positive financial results, the stock experienced a bearish movement, suggesting that other factors may have influenced the market sentiment.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.