Fluence Energy (FLNC) Gets Price Target Adjustments After Latest Quarter
Fluence Energy, Inc. (NASDAQ:FLNC) is one of the 10 Best Battery Technology Stocks to Buy Now.
Fluence Energy, Inc. (NASDAQ:FLNC) saw its price target adjusted on May 8, 2026, by Susquehanna, a global quantitative trading and technology firm. While maintaining a positive rating on the shares, the firm raised its price target on the stock from $23 to $25. Susquehanna adjusted its financial model after the second-quarter results, in which the company missed estimates due to revenue pushouts caused by shipping issues in Vietnam and Spain that have since been resolved.
In another development, Canaccord also adjusted the price target on Fluence Energy, Inc. (NASDAQ:FLNC) by $3, raising it from $25 to $28, on May 8, 2026. The firm’s analyst maintained a Buy rating on the company’s stock. Canaccord describes the quarter as healthy, highlighted by strong orders and expanding pipelines. However, according to the firm, the game-changer was the signing of two new hyperscaler Master Supply Agreements (MSAs), which are expected to generate over $2 billion in revenue.
Founded in 2018 as a joint venture between Siemens and AES, Fluence Energy, Inc. (NASDAQ:FLNC) is a leading global provider of energy storage products and software. Based in Virginia, the company specializes in utility-scale storage and AI-powered bidding applications.
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