FLNC Stock Analysis: Fluence Energy | NASDAQ
Utilities - Renewable | NASDAQ, USA | Market Cap: 1.924m USD | 12M Return: 53.1% | US34379V1035 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 62.1M
Qual. Beats: -1
Rev. Trend: 63.8%
Qual. Beats: -2
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Fluence Energy, Inc. (FLNC) specializes in utility-scale energy storage solutions and optimization software designed to support renewable energy integration. The company develops and deploys integrated hardware-software systems, including its Gridstack, Ultrastack, and Smartstack product lines, which cater to front-of-the-meter applications and transmission network requirements. Beyond equipment sales, Fluence provides long-term operational and maintenance services and digital intelligence platforms to utilities, independent power producers, and industrial clients globally.
The energy storage sector is currently driven by the global transition toward intermittent renewable sources like wind and solar, which require battery systems to maintain grid stability. Fluence utilizes a capital-light business model by integrating third-party battery cells into its proprietary software and modular architectural designs. Investors looking for deeper fundamental analysis can find comprehensive data on ValueRay.
Founded in 2018 as a joint venture between Siemens and AES, the Virginia-based firm operates across the Americas, Asia Pacific, and EMEA regions. As a mid-cap player in the electrical components industry, the company focuses on high-density storage configurations that minimize the physical footprint of large-scale battery deployments.
- Utility-scale energy storage demand accelerates amid global grid decarbonization
- High-margin software and recurring service revenue improves consolidated EBITDA
- Domestic content tax credits under Inflation Reduction Act boost margins
- Global supply chain diversification reduces lithium-ion battery procurement costs
| Net Income: -80.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA 15.50 > 1.0 |
| NWC/Revenue: 22.43% < 20% (prev 29.60%; Δ -7.16% < -1%) |
| CFO/TA -0.04 > 3% & CFO -100.8m > Net Income -80.9m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (138.1m) vs 12m ago -24.78% < -2% |
| Gross Margin: 9.18% > 18% (prev 12.67%; Δ -3.49% > 0.5%) |
| Asset Turnover: 112.2% > 50% (prev 118.0%; Δ -5.80% > 0%) |
| Interest Coverage Ratio: -8.42 > 6 (EBIT TTM -93.7m / Interest Expense TTM 11.1m) |
| A: 0.23 (Total Current Assets 2.32b - Total Current Liabilities 1.73b) / Total Assets 2.62b |
| B: -0.11 (Retained Earnings -298.6m / Total Assets 2.62b) |
| C: -0.04 (EBIT TTM -93.7m / Avg Total Assets 2.35b) |
| D: 0.17 (Book Value of Equity 373.2m / Total Liabilities 2.18b) |
| Altman-Z'' = 1.02 = BB |
| DSRI: 1.99 (Receivables 1.04b/488.6m, Revenue 2.63b/2.45b) |
| GMI: 1.38 (GM 12.67% / 9.18%) |
| AQI: 1.10 (AQ_t 0.09 / AQ_t-1 0.09) |
| SGI: 1.07 (Revenue 2.63b / 2.45b) |
| TATA: 0.01 (NI -80.9m - CFO -100.8m) / TA 2.62b) |
| Beneish M = -1.76 (Cap -4..+1) = CCC |
As of September 09, 2026, the stock is trading at USD 11.04 with a total of 9,124,988 shares traded. Over the past week, the price has changed by +2.13%, over one month by -12.73%, over three months by -54.13% and over the past year by +53.12%.
Current recommended Stop Loss: 10.00 (which is 9.4% or 1.3 ATR below the current price).
Fluence Energy has received a consensus analysts rating of 3.46. Therefore, it is recommended to hold FLNC.
- StrongBuy: 7
- Buy: 1
- Hold: 14
- Sell: 0
- StrongSell: 2
| Analysts Target Price | 16.3 | 47.9% |
P/E Forward = 72.9927
P/S = 0.7311
P/B = 3.9108
P/EG = 3.1449
Revenue TTM = 2.63b USD
EBIT TTM = -93.7m USD
EBITDA TTM = -33.0m USD
Long Term Debt = 392.2m USD (from longTermDebt, last quarter)
Short Term Debt = 10.3m USD (from shortTermDebt, last fiscal year)
Debt = 395.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 3.49m
Net Debt = 56.3m USD (calculated: Debt 395.7m - CCE 339.3m)
Enterprise Value = 1.98b USD (1.92b + Debt 395.7m - CCE 339.3m)
Interest Coverage Ratio = -8.42 (Ebit TTM -93.7m / Interest Expense TTM 11.1m)
EV/FCF = -15.02x (Enterprise Value 1.98b / FCF TTM -131.9m)
FCF Yield = -6.66% (FCF TTM -131.9m / Enterprise Value 1.98b)
FCF Margin = -5.01% (FCF TTM -131.9m / Revenue TTM 2.63b)
Net Margin = -3.07% (Net Income TTM -80.9m / Revenue TTM 2.63b)
Gross Margin = 9.18% ((Revenue TTM 2.63b - Cost of Revenue TTM 2.39b) / Revenue TTM)
Gross Margin QoQ = 5.12% (prev 9.11%)
Tobins Q-Ratio = 0.76 (Enterprise Value 1.98b / Total Assets 2.62b)
Interest Expense / Debt = 2.81% (Interest Expense 11.1m / Debt 395.7m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -74.0m (EBIT -93.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.34 (Total Current Assets 2.32b / Total Current Liabilities 1.73b)
Debt / Equity = 1.06 (Debt 395.7m / totalStockholderEquity, last quarter 373.2m)
Debt / EBITDA = -1.71 (negative EBITDA) (Net Debt 56.3m / EBITDA -33.0m)
Debt / FCF = -0.43 (negative FCF - burning cash) (Net Debt 56.3m / FCF TTM -131.9m)
Total Stockholder Equity = 389.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.45% (Net Income -80.9m / Total Assets 2.62b)
RoE = -20.75% (Net Income TTM -80.9m / Total Stockholder Equity 389.7m)
RoCE = -11.98% (EBIT -93.7m / Capital Employed (Equity 389.7m + L.T.Debt 392.2m))
RoIC = -9.73% (negative operating profit) (NOPAT -74.0m / Invested Capital 760.2m)
WACC = 14.28% (E(1.92b)/V(2.32b) * Re(16.76%) + D(395.7m)/V(2.32b) * Rd(2.81%) * (1-Tc(0.21)))
Discount Rate = 16.76% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -33.56 | Cagr: 3.86%
[DCF] Fair Price = unknown (Cash Flow -131.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.56 | # QB: -1
Revenue Correlation: 63.78 | Revenue CAGR: 5.74% | SUE: -1.09 | # QB: -2
EPS current Quarter (2026-12-31): EPS=-0.15 | Chg30d=+24.30% | Revisions=+0% | Analysts=5
EPS current Year (2026-09-30): EPS=-0.27 | Chg30d=-98.74% | Revisions=-40% | GrowthEPS=-102.6% | GrowthRev=+32.0%
EPS next Year (2027-09-30): EPS=0.24 | Chg30d=+23.59% | Revisions=+25% | GrowthEPS=+190.1% | GrowthRev=+35.2%
[Analyst] Revisions Ratio: -17% (up=1, down=2)