(FLNC) Fluence Energy - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US34379V1035

Stock: Energy Storage, Software, Optimization, Services, Digital

Total Rating 43
Risk 67
Buy Signal -0.70

EPS (Earnings per Share)

EPS (Earnings per Share) of FLNC over the last years for every Quarter: "2020-12": null, "2021-03": null, "2021-06": -0.1804, "2021-09": -0.13, "2021-12": -0.81, "2022-03": -1, "2022-06": -0.86, "2022-09": -0.36, "2022-12": -0.11, "2023-03": -0.21, "2023-06": -0.2, "2023-09": 0.02, "2023-12": -0.05, "2024-03": -0.07, "2024-06": 0.0043, "2024-09": 0.3, "2024-12": -0.28, "2025-03": -0.24, "2025-06": 0.06, "2025-09": 0.1318, "2025-12": -0.287,

Revenue

Revenue of FLNC over the last years for every Quarter: 2020-12: 116.233, 2021-03: 98.133, 2021-06: 278.195, 2021-09: 188.205, 2021-12: 174.887, 2022-03: 342.724, 2022-06: 239.01, 2022-09: 441.982, 2022-12: 310.46, 2023-03: 698.186, 2023-06: 536.351, 2023-09: 672.982, 2023-12: 363.956, 2024-03: 623.141, 2024-06: 483.317, 2024-09: 1228.148, 2024-12: 186.788, 2025-03: 431.618, 2025-06: 602.533, 2025-09: 1041.891, 2025-12: 475.234,
Risk 5d forecast
Volatility 107%
Relative Tail Risk -11.2%
Reward TTM
Sharpe Ratio 0.98
Alpha 23.58
Character TTM
Beta 2.247
Beta Downside 2.459
Drawdowns 3y
Max DD 88.40%
CAGR/Max DD -0.04

Description: FLNC Fluence Energy January 15, 2026

Fluence Energy (NASDAQ: FLNC) designs, manufactures and services grid-scale energy-storage systems that combine hardware, software and digital intelligence. Its product suite spans the Gridstack Pro and Gridstack platforms for front-of-the-meter (FOM) applications, Ultrastack for high-reliability distribution and transmission needs, and Smartstack, a split-architecture solution that delivers higher energy density than conventional AC-based systems.

The company’s customer base includes independent power producers, utilities, developers and large commercial-industrial users across the Americas, APAC, Europe, the Middle East and Africa. Since its spin-out in 2018 and IPO in 2023, Fluence has installed roughly 2.2 GW of storage capacity worldwide and reports a pipeline of over 5 GW, positioning it among the top-tier players in a market projected to grow at a ~20 % CAGR through 2030.

Key financial signals from FY 2023 show revenue of about $1.0 billion and a backlog of roughly $2.5 billion, reflecting strong demand driven by the U.S. Inflation Reduction Act’s storage incentives and accelerating renewable-penetration targets globally.

For a deeper dive into Fluence’s valuation metrics and peer comparison, the ValueRay platform offers a concise, data-rich overview.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -51.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.08 > 0.02 and ΔFCF/TA 0.24 > 1.0
NWC/Revenue: 25.37% < 20% (prev 28.65%; Δ -3.28% < -1%)
CFO/TA -0.07 > 3% & CFO -161.1m > Net Income -51.9m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.48 > 1.5 & < 3
Outstanding Shares: last quarter (131.5m) vs 12m ago 1.58% < -2%
Gross Margin: 11.67% > 18% (prev 0.13%; Δ 1154 % > 0.5%)
Asset Turnover: 113.8% > 50% (prev 113.9%; Δ -0.08% > 0%)
Interest Coverage Ratio: -5.62 > 6 (EBITDA TTM -28.2m / Interest Expense TTM 10.1m)

Altman Z'' 1.21

A: 0.29 (Total Current Assets 1.99b - Total Current Liabilities 1.34b) / Total Assets 2.27b
B: -0.11 (Retained Earnings -244.8m / Total Assets 2.27b)
C: -0.03 (EBIT TTM -56.8m / Avg Total Assets 2.24b)
D: -0.13 (Book Value of Equity -235.0m / Total Liabilities 1.78b)
Altman-Z'' Score: 1.21 = BB

Beneish M -2.88

DSRI: 0.92 (Receivables 541.1m/583.4m, Revenue 2.55b/2.52b)
GMI: 1.11 (GM 11.67% / 12.93%)
AQI: 1.09 (AQ_t 0.10 / AQ_t-1 0.10)
SGI: 1.01 (Revenue 2.55b / 2.52b)
TATA: 0.05 (NI -51.9m - CFO -161.1m) / TA 2.27b)
Beneish M-Score: -2.88 (Cap -4..+1) = A

What is the price of FLNC shares?

As of February 10, 2026, the stock is trading at USD 19.40 with a total of 7,085,981 shares traded.
Over the past week, the price has changed by -37.20%, over one month by -16.38%, over three months by -10.97% and over the past year by +48.43%.

Is FLNC a buy, sell or hold?

Fluence Energy has received a consensus analysts rating of 3.46. Therefor, it is recommend to hold FLNC.
  • StrongBuy: 7
  • Buy: 1
  • Hold: 14
  • Sell: 0
  • StrongSell: 2

What are the forecasts/targets for the FLNC price?

Issuer Target Up/Down from current
Wallstreet Target Price 19.4 -0.2%
Analysts Target Price 19.4 -0.2%
ValueRay Target Price 20.9 7.9%

FLNC Fundamental Data Overview February 07, 2026

P/E Forward = 93.4579
P/S = 1.3662
P/B = 8.9263
P/EG = 3.1449
Revenue TTM = 2.55b USD
EBIT TTM = -56.8m USD
EBITDA TTM = -28.2m USD
Long Term Debt = 390.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 10.3m USD (from shortTermDebt, last fiscal year)
Debt = 391.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -61.3m USD (from netDebt column, last quarter)
Enterprise Value = 3.42b USD (3.49b + Debt 391.3m - CCE 452.6m)
Interest Coverage Ratio = -5.62 (Ebit TTM -56.8m / Interest Expense TTM 10.1m)
EV/FCF = -19.75x (Enterprise Value 3.42b / FCF TTM -173.4m)
FCF Yield = -5.06% (FCF TTM -173.4m / Enterprise Value 3.42b)
FCF Margin = -6.80% (FCF TTM -173.4m / Revenue TTM 2.55b)
Net Margin = -2.03% (Net Income TTM -51.9m / Revenue TTM 2.55b)
Gross Margin = 11.67% ((Revenue TTM 2.55b - Cost of Revenue TTM 2.25b) / Revenue TTM)
Gross Margin QoQ = 4.85% (prev 13.72%)
Tobins Q-Ratio = 1.51 (Enterprise Value 3.42b / Total Assets 2.27b)
Interest Expense / Debt = 0.35% (Interest Expense 1.37m / Debt 391.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -44.9m (EBIT -56.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.48 (Total Current Assets 1.99b / Total Current Liabilities 1.34b)
Debt / Equity = 1.01 (Debt 391.3m / totalStockholderEquity, last quarter 388.0m)
Debt / EBITDA = 2.17 (negative EBITDA) (Net Debt -61.3m / EBITDA -28.2m)
Debt / FCF = 0.35 (negative FCF - burning cash) (Net Debt -61.3m / FCF TTM -173.4m)
Total Stockholder Equity = 403.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.32% (Net Income -51.9m / Total Assets 2.27b)
RoE = -12.87% (Net Income TTM -51.9m / Total Stockholder Equity 403.3m)
RoCE = -7.16% (EBIT -56.8m / Capital Employed (Equity 403.3m + L.T.Debt 390.8m))
RoIC = -5.62% (negative operating profit) (NOPAT -44.9m / Invested Capital 798.7m)
WACC = 12.79% (E(3.49b)/V(3.88b) * Re(14.20%) + D(391.3m)/V(3.88b) * Rd(0.35%) * (1-Tc(0.21)))
Discount Rate = 14.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.21%
Fair Price DCF = unknown (Cash Flow -173.4m)
EPS Correlation: 60.01 | EPS CAGR: 159.6% | SUE: -1.21 | # QB: 0
Revenue Correlation: 34.34 | Revenue CAGR: 9.11% | SUE: 0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.24 | Chg30d=-0.086 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-09-30): EPS=-0.07 | Chg30d=+0.003 | Revisions Net=-1 | Growth EPS=+47.1% | Growth Revenue=+48.6%
EPS next Year (2027-09-30): EPS=0.25 | Chg30d=+0.002 | Revisions Net=+1 | Growth EPS=+452.6% | Growth Revenue=+21.4%

Additional Sources for FLNC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle