Jim Cramer on Fluence Energy: "I'm Going to Have to Take a Pass on That Name"

Fluence Energy, Inc. (NASDAQ:FLNC) is one of the stocks Jim Cramer weighed in on. Asking about the company, a caller highlighted that the stock is trading at less than half of the price-to-sales ratio and is expected to grow 60% in the coming year. Cramer commented:

“Yeah, but it’s losing a lot of money. It’s down 50%. I’m going to have to take a pass on that name. I’m very sorry.”

Fluence Energy. (NASDAQ:FLNC) provides integrated energy storage solutions and optimization software, and offers a range of products for grid-scale, commercial, and solar-connected applications. On July 17, Barclays analyst Christine Cho raised the price target on the company stock from $5 to $9 while maintaining an Equal Weight rating. According to the firm, the One Big Beautiful Bill contributes to narrowing the cost gap between batteries compliant with foreign entity of concern regulations and Chinese batteries.

While we acknowledge the potential of FLNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.