Reading the tape
NASDAQ: FLNC
Fluence Energy, Inc.
Utilities · Renewable Utilities
Market Cap
$4.46B
52w High
$33.51
52w Low
$4.40
P/E
-76.31
Volume
41.47M
Outstanding Shares
184.53M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
1Y Price: 401.24%Revenue (TTM): 10.93%FCF (TTM): 7.38%P/S: 50th pct
What changed
The stock rose 401.24% over the last year. Revenue grew 10.93% over the trailing twelve months. Operating margin moved from -1.14% to -1.9%. Free cash flow grew 7.38% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 50th percentile of their historical P/S range.
What would invalidate this read
Operating margin is at -1.9%. Revenue grew 10.93% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide.
CEOJulian Jose Nebreda Marquez
SectorUtilities
IndustryRenewable Utilities
Employees1,595
IPO dateOct 28, 2021
Valuation
Forward P/E—
EV/EBITDA-98.59
Enterprise value$1.68B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth7.71%
Gross margin11.67%▲3.42%vs FY2024
Operating margin-1.9%▼307.58%vs FY2024
ROE-11.25%▼333.73%vs FY2024
Analyst consensus
RatingHold
Target price$18.93▼21.65%
10
Buy
15
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 10, 2026
Q3 FY26 · EPS est $0.04 · Revenue est $860.43M
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