Fluence Energy (FLNC) AI Stock Analysis

• Market Cap: $3.65B
• Dividend Yield: N/A
• Average Volume (3M): 6.75M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: -16.15%
• EPS Growth: -324.40%
• Country: US
• Employees: 1,595
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.13
• Shares Outstanding: 131,369,450
• 10 Day Avg. Volume: 5,665,022
• 30 Day Avg. Volume: 6,753,758
• PEG Ratio: 0.10
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.62
• P/FCF Ratio: -8.77
• Enterprise Value/Market Cap: 0.50
• Enterprise Value/Revenue: 0.80
• Enterprise Value/Gross Profit: 6.11
• Enterprise Value/Ebitda: -149.45
• 1Y Price Target: $16.55
• Price Target Upside: -19.07% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 18
• EPS Forecast (FY): -0.07
• Revenue Forecast (FY): $3.33B

• Rating: 55 Neutral
• Price Target: $26.00 ▲(27.14% Upside)

Fluence Energy's overall stock score is primarily impacted by its financial challenges, including negative profit margins and cash flow issues. Despite these concerns, the stock benefits from strong technical momentum and positive strategic guidance from the earnings call. However, valuation remains a significant drawback due to ongoing losses.

Positive Factors

Record Order Intake

A strong order backlog indicates robust demand and provides revenue visibility, supporting long-term growth prospects.

Strong Liquidity Position

A strong liquidity position enhances financial flexibility, enabling investment in growth opportunities and mitigating risks.

Introduction of Smartstack Product

The new product introduction enhances competitive positioning and opens new market opportunities, driving future growth.

Negative Factors

Revenue Shortfall

Revenue shortfalls due to production delays can impact financial performance and investor confidence in the near term.

Manufacturing Delays in Arizona

Manufacturing delays can disrupt supply chains and revenue recognition, affecting operational efficiency and profitability.

Dependence on AESC

Dependence on a single supplier poses risks to supply chain stability, potentially impacting production and growth.

Fluence Energy Business Overview & Revenue Model

Company Description

Fluence Energy (FLNC) is a leading global provider of energy storage products and services, focused on transforming the energy landscape through advanced technology. The company operates primarily in the renewable energy sector, offering a range of solutions including energy storage systems, software for energy management, and integrated services to optimize energy use. Fluence aims to enhance grid reliability, enable renewable energy integration, and support the transition to a low-carbon economy through innovative energy storage technologies.

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 faces several financial challenges, particularly in terms of profitability and cash flow management. The negative profit margins and declining revenue growth highlight the need for improved operational efficiency. The cash flow situation is concerning, with negative operating and free cash flows. However, the stable asset base and low leverage are positives.

Income Statement

Fluence Energy's income statement shows a mixed performance. The company has experienced a decline in revenue growth, with a negative growth rate of -7.61% in the most recent year. Gross profit margin has improved slightly to 13.07%, but net profit margin remains negative at -2.14%, indicating ongoing profitability challenges. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio is low, indicating limited leverage, which is a positive aspect. However, the return on equity is negative, suggesting that the company is not generating sufficient returns on shareholder investments. The equity ratio is not explicitly provided, but the overall asset base appears stable.

Cash Flow

Cash flow analysis reveals significant challenges. The company has a negative operating cash flow and free cash flow, with a substantial decline in free cash flow growth of -61.81%. The free cash flow to net income ratio is positive, indicating some efficiency in converting income to cash, but overall cash flow management remains a concern.

Breakdown	TTM	Dec 2025	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	2.26B	―	2.26B	2.70B	2.22B	1.20B
Gross Profit	295.79M	―	295.79M	341.08M	140.96M	-62.35M
EBITDA	-12.09M	―	-11.62M	41.10M	-101.94M	-278.69M
Net Income	-48.31M	―	-48.31M	22.72M	-69.62M	-289.18M
Balance Sheet
Total Assets	2.36B	―	2.36B	1.90B	1.35B	1.75B
Cash, Cash Equivalents and Short-Term Investments	690.77M	―	690.77M	448.69M	345.90M	467.65M
Total Debt	390.80M	―	390.80M	30.36M	50.56M	2.74M
Total Liabilities	1.81B	―	1.81B	1.30B	795.82M	1.12B
Stockholders Equity	548.85M	―	548.85M	472.10M	402.35M	435.83M
Cash Flow
Free Cash Flow	-154.12M	―	-160.42M	60.71M	-124.15M	-290.32M
Operating Cash Flow	-145.54M	―	-145.54M	71.23M	-111.93M	-282.38M
Investing Cash Flow	-29.80M	―	-29.80M	-18.98M	94.44M	-148.42M
Financing Cash Flow	356.88M	―	356.88M	-8.68M	52.59M	817.05M

Fluence Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 20.45 is below the 20-day moving average (MA) of 20.87, above the 50-day MA of 19.49, and above the 200-day MA of 10.01, indicating a neutral trend. The MACD of 0.52 indicates Positive momentum. The RSI at 50.67 is Neutral, neither overbought nor oversold. The STOCH value of 19.36 is Positive, 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
NRGV	67 Neutral	$802.04M	-4.84	-111.44%	―	-35.99%	-46.51%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
RNW	61 Neutral	$1.95B	19.14	7.64%	―	42.09%	219.69%
FLNC	55 Neutral	$3.65B	―	-10.72%	―	-16.15%	-324.40%
WAVE	50 Neutral	$36.61M	-10.31	-54.43%	―	-40.99%	-46.52%
NXXT	47 Neutral	$197.58M	-0.60	―	―	146.01%	63.18%
SMR	42 Neutral	$4.86B	-5.75	-76.85%	―	765.67%	-202.81%

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.