Stocks · Utilities · Renewable Utilities

Fluence Energy, Inc. FLNC

$7.61 +0.53% Close, Oct 2, 2026 · NASDAQ · Market cap $1.40B

Weak trendHigh risk

Next earnings report: Nov 23, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The diluted share count fell 24.8% in a year, mainly through buybacks.
  2. The stock is 76% below its highest close of the past year.
  3. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.

PromtFinance scores

Each score is a percentile within the Utilities sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth57Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 47%
  • Revenue growth, 3-year CAGRTop 7%
  • Revenue growth accelerationBottom 18%
Quality1Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 3%
  • Gross marginBottom 5%
  • Operating marginBottom 4%
  • Accruals (lower is better)Bottom 3%
  • Interest coverBottom 2%
Value23Very weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 5%
  • Free-cash-flow yieldBottom 29%
  • EBITDA / enterprise valueBottom 5%
  • Sales / enterprise valueTop 1%
Momentum1Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 6%
  • 6-month returnBottom 1%
  • 1-year return vs S&P 500Bottom 2%
  • Distance from 52-week highBottom 3%
  • Trend checklist (0–4)Bottom 32%
Revisions11Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 3%
  • Consecutive EPS beatsBottom 14%
  • Share of analysts rating BuyBottom 17%
  • Upside to consensus price targetTop 14%
Stability3Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 3%
  • Maximum drawdown, 3 yearsBottom 1%
  • Beta vs S&P 500 (lower is better)Bottom 2%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)10.9%7.5%↓
Gross margin12.7%9.2%↓
Operating margin-1.1%-4.1%↓
FCF margin-17.4%-5.0%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)7.5%10.9%↓Top 47%
Gross margin9.2%12.7%↓Bottom 5%
Operating margin-4.1%-1.1%↓Bottom 4%
Net margin-3.1%-0.8%↓—
Free-cash-flow margin-5.0%-17.4%↑—
Return on invested capital-12.1%—Bottom 3%
Revenue growth, 3-year CAGR23.6%—Top 7%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
0.8%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.7%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+106.1 pp
Interest cover (operating income / interest)How many times operating profit covers interest.
-9.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
-0.26%
Shareholder yield
-0.26%
Share count change, 1 year
-24.8%
Share count change, 3-year CAGR
+5.9%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
3 of 8
Average EPS surprise, last 4
-100.0%
Average 2-day reaction, last 8
+0.5%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$11.66
Target vs current price
+53.2%
Analysts with a rating
30
Share rating Buy or Strong Buy
27%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 5, 2026-6006.9%-9.2%-16.3%-33.5%—
May 6, 2026+11.1%+6.9%+67.7%+95.8%+9.8%
Feb 4, 2026-88.9%-10.1%-41.1%-51.0%-62.2%
Nov 24, 2025-32.7%+2.6%+25.9%+32.8%+7.5%
Aug 11, 2025+150.0%-0.5%-13.5%-21.5%+126.4%
May 7, 2025-14.3%+7.6%+37.9%+15.8%+85.7%
Feb 10, 2025-88.2%+4.3%-48.7%-57.1%-66.6%
Nov 25, 2024+17.2%+2.1%-18.5%-30.8%-71.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 5, 2026-$0.24-$0.00-6006.9%$649.8M
May 6, 2026-$0.16-$0.18+11.1%$464.9M
Feb 4, 2026-$0.34-$0.18-88.9%$475.2M
Nov 24, 2025$0.13$0.19-32.7%$1.04B
Aug 11, 2025$0.01-$0.02+150.0%$602.5M
May 7, 2025-$0.24-$0.21-14.3%$431.6M
Feb 10, 2025-$0.32-$0.17-88.2%$186.8M
Nov 25, 2024$0.34$0.29+17.2%$1.23B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / Sales0.55×——Top 1%
Free-cash-flow yield-9.39%——Bottom 29%
Earnings yield-7.88%——Bottom 5%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-22.7%
200-day average slope (20 days)
-6.4%
Distance from 50-day average
-29.7%
Distance from 200-day average
-55.1%
RSI (14)
33.4
Relative volume
0.69×

Risk and drawdowns

Volatility, 60 days (annualized)
77.5%
Volatility vs own 5-year history
28th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
2.09
Correlation with S&P 500
0.26
Current drawdown from 1-year high
-76.4%
Maximum drawdown, 3 years
-86.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Nov 15, 2021Apr 21, 2025-90.4%859 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$1.40B
EPS, diluted (TTM)
-$0.60
Revenue (TTM)
$2.63B
52-week range
$7.01 – $33.51
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$680.8M$1.20B$2.22B$2.70B$2.26B
Gross profit-$69.1M-$62.4M$141.0M$341.1M$295.8M
Operating income-$158.5M-$276.4M-$112.6M$26.6M-$46.3M
Net income-$162.0M-$104.5M-$69.6M$22.7M-$48.3M
EPS (diluted)-$2.99-$0.91-$0.60$0.12-$0.37
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$1.23B$186.8M$431.6M$602.5M$1.04B$475.2M$464.9M$649.8M
Net income$47.8M-$41.5M-$31.0M$6.3M$17.9M-$45.1M-$20.9M-$32.8M
EPS (diluted)$0.26-$0.32-$0.24$0.02$0.14-$0.34-$0.16-$0.24
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$265.3M-$282.4M-$111.9M$79.7M-$145.5M
Capital expenditure-$4.3M-$7.9M-$12.2M-$19.0M-$29.8M
Free cash flow-$269.6M-$290.3M-$124.2M$60.7M-$175.3M
Dividends paid$0$0$0$0$0
Net share buybacks$131.3M$933.9M$4.4M$3.7M$1.4M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$339.3M
Total assets
$2.62B
Total liabilities
$2.18B
Total debt
$392.2M
Net debt
$52.8M
Shareholders’ equity
$373.2M

As of Jun 30, 2026 (filed Aug 5, 2026).

Short interest

Shares sold short
27,877,537
Days to cover
4.99
Change vs previous report
+7.4%

FINRA short interest, settlement date Sep 15, 2026.