Fluence Energy (FLNC) AI Stock Analysis

• Market Cap: $3.59B
• Dividend Yield: N/A
• Average Volume (3M): 7.23M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.11
• 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: 6,212,553
• 30 Day Avg. Volume: 7,229,385
• 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: $14.73
• Price Target Upside: -24.03% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 15
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $15.50 ▼(-20.06% Downside)

Fluence Energy's overall stock score is primarily impacted by its financial performance and valuation challenges. The company's negative profit margins and cash flow issues are significant concerns. Technical analysis suggests mixed signals, with potential bearish momentum. Despite strategic growth opportunities highlighted in the earnings call, the current financial and valuation metrics weigh heavily on the stock's attractiveness.

Positive Factors

Record Order Intake

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

Strong Liquidity Position

Robust liquidity enhances financial flexibility, enabling strategic investments and cushioning against market volatility.

Introduction of Smartstack Product

Innovative products like Smartstack can drive competitive advantage and market penetration, supporting long-term growth.

Negative Factors

Revenue Shortfall

Revenue shortfalls due to operational delays can impact financial performance and investor confidence, hindering growth.

Manufacturing Delays in Arizona

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

Dependence on AESC

Reliance on key suppliers like AESC poses risks to supply chain stability and could impact future operations if unresolved.

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 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: 19.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

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 19.39 is above the 20-day moving average (MA) of 18.49, above the 50-day MA of 16.75, and above the 200-day MA of 8.83, indicating a bullish trend. The MACD of 0.26 indicates Positive momentum. The RSI at 56.39 is Neutral, neither overbought nor oversold. The STOCH value of 92.43 is Negative, 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%
RNW	61 Neutral	$2.77B	26.63	7.64%	―	42.09%	219.69%
WAVE	50 Neutral	$40.37M	-14.35	-54.43%	―	-40.99%	-46.52%
NRGV	49 Neutral	$562.10M	―	-111.44%	―	-35.99%	-46.51%
FLNC	46 Neutral	$3.59B	―	-10.72%	―	-16.15%	-324.40%
NXXT	45 Neutral	$159.94M	―	―	―	146.01%	63.18%
SMR	42 Neutral	$6.05B	―	-76.85%	―	765.67%	-202.81%

Fluence Energy Corporate Events

Fluence Energy Reports 2025 Results and 2026 Outlook

Fluence Energy, Inc., a global leader in energy storage and optimization software, reported its financial results for the fiscal year 2025, highlighting its role in transforming energy markets with intelligent solutions. The company operates in the renewable energy sector, focusing on energy storage systems and asset optimization software to enhance grid resilience and unlock renewable energy potential.

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