Fluence Energy price target raised to $20 from $15 at Goldman Sachs

Goldman Sachs analyst Brian Lee raised the firm’s price target on Fluence Energy (FLNC) to $20 from $15 and keeps a Buy rating on the shares. Fluence delivered mixed results as revenue fell short due to lingering U.S. manufacturing issues, though stronger margins kept FY25 adjusted EBITDA near the top of guidance, the analyst tells investors in a research note. FY26 revenue guidance was robust at $3.2-$3.6B, aided by backlog coverage and $400M of pushed-out FY25 revenue, while rising data-center demand and ongoing supply-chain improvements position FY27 for further strength, Goldman says.