Fluence Energy (FLNC) AI Stock Analysis

• Market Cap: $3.79B
• Dividend Yield: N/A
• Average Volume (3M): 8.36M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.90
• Revenue Growth: 14.26%
• EPS Growth: 20.99%
• Country: US
• Employees: 1,595
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.01
• Shares Outstanding: 131,006,990
• 10 Day Avg. Volume: 6,774,938
• 30 Day Avg. Volume: 8,355,220
• PEG Ratio: -0.97
• Price to Book (P/B): 6.07
• Price to Sales (P/S): 1.06
• P/FCF Ratio: 47.20
• Enterprise Value/Market Cap: 0.34
• Enterprise Value/Revenue: 0.53
• Enterprise Value/Gross Profit: 4.17
• Enterprise Value/Ebitda: -4.47K
• 1Y Price Target: $11.18
• Price Target Upside: -46.22% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 17
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: $20.50 ▼(-1.39% Downside)

Fluence Energy's stock score is driven by strong technical momentum and strategic positioning, as highlighted in the earnings call. However, financial performance and valuation concerns, particularly negative profitability and cash flow, weigh down the overall score. The company's robust backlog and legislative support offer potential for future growth, but near-term operational challenges remain.

Positive Factors

Strong Backlog Growth

A robust backlog indicates strong future revenue potential and demand for Fluence's energy storage solutions, supporting long-term growth.

Supportive Legislation

Supportive legislation enhances Fluence's competitive advantage in the U.S. market, fostering growth in domestic energy storage projects.

Positive Market Trends

Growing demand for battery storage, driven by market trends, positions Fluence favorably for long-term industry leadership and revenue expansion.

Negative Factors

Profitability Challenges

Persistent profitability issues can hinder Fluence's ability to reinvest in growth and maintain financial health, impacting long-term sustainability.

Revenue Shortfall

Revenue shortfalls from manufacturing delays could affect Fluence's ability to meet financial targets, impacting investor confidence and growth plans.

High Tariff Impacts

Tariff impacts on profitability may lead to increased costs and reduced margins, challenging Fluence's competitive pricing and market position.

Fluence Energy Business Overview & Revenue Model

Company Description

Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide. The company sells energy storage products with integrated hardware, software, and digital intelligence, as well as engineering and delivery services to support the deployment of its storage products; operational and maintenance, and energy storage-as-a-service; and digital applications and solutions. Its energy storage products include Gridstack, a grid-scale industrial strength energy storage product; Sunstack for optimizing solar capture and delivery; and Edgestack, a commercial energy storage product that discharges when needed to flatten a facility's energy load profile. The company serves utilities, developers, and commercial and industrial customers. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.

How the Company Makes Money

Fluence Energy generates revenue through multiple streams, primarily by selling energy storage systems and associated software solutions to utility companies, commercial customers, and other energy stakeholders. The company also earns money through ongoing service contracts, including maintenance and operational support for its installed systems. Additionally, Fluence benefits from strategic partnerships with key players in the energy sector, which can lead to collaborative projects and joint ventures that provide further revenue opportunities. The demand for energy storage solutions, driven by the growing emphasis on renewable energy sources and grid modernization, plays a significant role in Fluence's revenue growth.

Fluence Energy Financial Statement Overview

Summary

Fluence Energy is experiencing revenue growth, but profitability and cash flow remain concerns. The company has improved its gross profit margin, but negative net profit margins and cash flows highlight ongoing operational challenges. The balance sheet shows increased leverage, but the equity base remains stable.

Income Statement

Fluence Energy shows a positive revenue growth trend, with a 5.12% increase in TTM. However, profitability remains a concern as indicated by negative net profit and EBIT margins. The gross profit margin has improved to 12.67% in TTM, reflecting better cost management, but the net profit margin is still negative at -0.75%, indicating ongoing challenges in achieving profitability.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.96 in TTM, suggesting higher leverage, but remains manageable. The return on equity is negative, indicating challenges in generating returns for shareholders. However, the equity ratio is stable, showing a solid equity base relative to total assets.

Cash Flow

Fluence Energy's cash flow situation is challenging, with negative operating and free cash flows in TTM. Despite a significant improvement in free cash flow growth, the operating cash flow to net income ratio is negative, indicating difficulties in converting income into cash. The free cash flow to net income ratio is slightly positive, suggesting some efficiency in managing cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.45B	2.70B	2.22B	1.20B	680.77M	561.32M
Gross Profit	310.35M	341.08M	140.96M	-62.35M	-69.14M	7.92M
EBITDA	-290.00K	41.10M	-101.94M	-278.69M	-153.63M	-37.27M
Net Income	-18.42M	22.72M	-69.62M	-289.18M	-162.00M	-46.71M
Balance Sheet
Total Assets	2.08B	1.90B	1.35B	1.75B	717.67M	364.02M
Cash, Cash Equivalents and Short-Term Investments	459.89M	448.69M	345.90M	467.65M	36.83M	93.81M
Total Debt	409.52M	30.36M	50.56M	2.74M	100.00M	0.00
Total Liabilities	1.55B	1.30B	795.82M	1.12B	773.87M	381.25M
Stockholders Equity	407.38M	472.10M	402.35M	435.83M	-279.59M	-117.10M
Cash Flow
Free Cash Flow	-420.03M	60.71M	-124.15M	-290.32M	-269.56M	-15.80M
Operating Cash Flow	-400.75M	71.23M	-111.93M	-282.38M	-265.27M	-14.02M
Investing Cash Flow	-25.58M	-18.98M	94.44M	-148.42M	-22.29M	18.22M
Financing Cash Flow	355.74M	-8.68M	52.59M	817.05M	231.13M	2.50M

Fluence Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLNC, the sentiment is Positive. The current price of 20.79 is above the 20-day moving average (MA) of 18.95, above the 50-day MA of 13.58, and above the 200-day MA of 8.37, indicating a bullish trend. The MACD of 1.90 indicates Positive momentum. The RSI at 60.89 is Neutral, neither overbought nor oversold. The STOCH value of 58.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLNC.

Fluence Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
NRGV	63 Neutral	$571.35M	―	-101.08%	―	-82.87%	-59.38%
FLNC	62 Neutral	$3.79B	―	-4.45%	―	14.26%	20.99%
RNW	61 Neutral	$2.74B	25.08	8.27%	―	33.19%	486.74%
WAVE	50 Neutral	$40.37M	-14.35	-43.16%	―	-46.17%	-54.38%
SMR	42 Neutral	$8.03B	―	-76.85%	―	765.67%	-202.81%
NXXT	41 Neutral	$224.77M	-0.42	―	―	92.43%	31.00%

Fluence Energy Corporate Events

Fluence Energy Board Member Barbara Humpton Resigns

On September 30, 2025, Barbara Humpton resigned from the Board of Directors and the Compensation and Human Resources Committee of Fluence Energy, Inc., effective at the close of business on the same day. Her resignation was not due to any disagreements with the company’s operations, policies, or practices.

The most recent analyst rating on (FLNC) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Fluence Energy stock, see the FLNC Stock Forecast page.

Fluence Energy’s Q3 Earnings Call: Strategic Growth Amid Challenges

Fluence Energy’s Q3 Earnings Call: Balancing Achievements and Challenges

Fluence Energy Reports Strong Q3 2025 Results

Fluence Energy Inc., a global leader in intelligent energy storage and asset optimization software, operates within the renewable energy sector, offering solutions that enhance grid resilience and unlock renewable portfolios’ potential. The company recently reported its third-quarter 2025 financial results, highlighting a significant revenue increase and reaffirming its fiscal year guidance despite some operational challenges.