Fluence Energy, Inc. Class A (FLNC)

Fluence Energy's stock has experienced fluctuations over the past six months. In October 2025, the stock saw a 4.00% drop on October 27th. B of A Securities maintained a "Neutral" recommendation, indicating a potential downside. Shares fell by 9.4% on October 22nd, following an earnings report revealing a negative net margin. The stock surged over 400% from its lows in the six months leading up to October 20, 2025, driven by backlog growth and demand for AI infrastructure. In August 2025, Fluence reported its third-quarter fiscal year 2025 results, with revenue increasing by 24.7% year-over-year. Following these results, the stock dropped 14.4% on August 12, 2025. In May 2025, Fluence announced the commencement of production at a new manufacturing facility in Goodyear, Arizona. The stock reached its all-time low of $3.46 USD on April 21, 2025.

Demand for Fluence Energy's products and services exhibits some seasonality, with revenue generation often described as "lumpy" and "contract driven." The company's revenue timing is typically weighted towards the second half of its fiscal year.

Fluence Energy, Inc. is a clean technology company specializing in energy storage products, optimization software, and related services for grid-scale and commercial applications. Its product offerings include modular and scalable energy storage systems like Fluence Cube, Gridstack, Sunstack, Edgestack, and Ultrastack. The company also develops proprietary software, including Fluence OS and Fluence IQ, and operates a trading platform for maximizing revenue through intelligent market participation.

Fluence Energy operates in 47 markets across the Americas, Asia Pacific, Europe, the Middle East, and Africa, with deployments in countries including Australia, Germany, the Philippines, Singapore, and the United States. In the U.S., Fluence is expanding its manufacturing footprint with facilities in Arizona, Texas, Tennessee, and Utah, and utilizes a domestic inverter supplier in South Carolina.

Fluence Energy generally holds a strong brand reputation as a global market leader in energy storage, recognized for its market-leading products and digital applications. However, the company's reputation has faced challenges due to concerns about a decline in the cumulative Services attachment rate, intense competitive dynamics, and a somewhat negative outlook for stock performance. The stock's volatility, including a significant drop to an all-time low in April 2025, and reported negative net margins despite revenue growth, have also affected its standing.

Major institutional owners of Fluence Energy, Inc. include Siemens AG, Siemens Pension Trust E V, BNP Paribas Asset Management Holding, Point72 Asset Management, and Bank Of America.