An assembly line of lithium-ion batteries for energy storage solutions with workers in the background.
Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage.
Fluence Energy, Inc. (NASDAQ:FLNC) managed to garner a positive outlook from a number of analysts over the last week, leading to rising investor confidence and a sharp uptick in the company’s share price. It was revealed last week that Barclays analyst Christine Cho has almost doubled the firm’s price target for FLNC from $5 to $9, while maintaining an ‘Equal Weight’ rating on its shares.
Similarly, JPMorgan also raised its price target for Fluence Energy, Inc. (NASDAQ:FLNC) from $5 to $8, while reiterating a ‘Neutral’ rating. Moreover, the analysts at Susquehanna also raised FLNC’s price target from $6 to $11, while keeping a ‘Positive’ rating on its shares.
Fluence Energy, Inc. (NASDAQ:FLNC) also received a boost following the announcement that it had been selected by VERBUND to build two large-scale battery-based storage systems in Germany that will achieve a total output of over 92 MW and a storage capacity of 186 MWh.
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 thebest short-term AI stock.
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