Fluent, Inc. provides digital marketing services in the United States and internationally. The company offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers. It also provides performance campaigns, such as a trial subscription of a good or service, the submission of a registration form, and the installation of a mobile app; consumer data directly via… Read full Trend Edge analysis →
Sector: Communication Services
Industry: Advertising Agencies
Exchange: NASDAQ
IPO Date: December 27, 2007
Headquarters: 300 Vesey Street, New York, NY, United States, 10282
Founder-Led: Yes — Ryan Schulke (Co-Founder, Chief Strategy Officer & Director), Matt Conlin (Co-Founder, Chief Customer Officer & Director)
Key Metrics
Current Price
$3.71
Market Cap
$109M
Float
12.1M
Shares Outstanding
29.8M
P/E (Forward)
65.36
Price/Sales (TTM)
0.55
vs. Analyst Target
+14.6% to analyst PT
Profit Margin
-12.22%
Operating Margin (TTM)
-13.48%
Revenue (TTM)
$198M
Earnings Growth (YoY)
33526.70%
Dividend Rate
None
Analyst Target Price
$4.25 (2 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$311M
$2.2M
$95.6M
$23.7M
2021
$329M
-$10.1M
$85.5M
$5.5M
2022
$361M
-$123M
$93.6M
-$106M
2023
$298M
-$63.2M
$78.5M
-$49.3M
2024
$255M
-$29.3M
$60.8M
-$16.4M
2025
$209M
-$27.2M
$41.5M
-$14.3M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$44.7M
-$7.2M
Sep 2025
$47.0M
-$7.3M
Dec 2025
$61.8M
-$4.3M
Mar 2026
$44.9M
-$5.4M
Ownership & Float
Insider Ownership
52.7%
Institutional Ownership
33.8%
Short Float
1.7%
% of All Funds Holding
0.34%
Number of Funds Holding
28
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$2.91
Near-term / short-term trend
Weekly
40-Week SMA
$2.84
Medium-term trend
Weekly
80-Week SMA
$2.57
Cyclical trend (business cycle)
Weekly
200-Week SMA
$3.68
Secular trend (multi-year)
Monthly
10-Month SMA
$2.93
Near-term monthly trend
Monthly
20-Month SMA
$2.63
Medium-term monthly trend
Monthly
40-Month SMA
$3.02
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$2.10
support
3.57x
0 months ago
Historical Earnings Reactions (59 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.03%
0.00%
49.15%
36.07%
-24.67%
1 Day
-1.34%
-1.37%
33.90%
40.64%
-37.80%
1 Week
0.00%
-1.67%
42.37%
49.33%
-39.23%
2 Weeks
-2.21%
-2.71%
37.29%
44.62%
-40.85%
1 Month
1.95%
-1.74%
43.10%
76.28%
-38.01%
Next earnings: August 18, 2026 (37 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
7.1%
52.6%
19
Feb
-0.6%
47.4%
19
Mar
-4.0%
42.1%
19
Apr
4.3%
63.2%
19
May
-5.6%
36.8%
19
Jun
1.7%
42.1%
19
Jul
-4.3%
44.4%
18
Aug
3.1%
55.6%
18
Sep
-1.9%
33.3%
18
Oct
-3.8%
38.9%
18
Nov
-1.3%
44.4%
18
Dec
10.4%
72.2%
18
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.21%
39.4%
874
Tuesday
0.23%
43.7%
958
Wednesday
0.07%
39.6%
956
Thursday
0.04%
42.2%
937
Friday
0.08%
42.5%
931
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 33.8%
Insider Transactions — Smart Summary
Total insider ownership: 52.7%
Founder-led management: Ryan Schulke (Co-Founder, Chief Strategy Officer & Director), Matt Conlin (Co-Founder, Chief Customer Officer & Director)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Fluent Inc
(FLNT) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.