Fluence Energy Stock Jumps Again: Why Wall Street Is Watching Its $5.6 Billion Backlog
Roth/MKM upgraded Fluence Energy to Buy and doubled its price target to $26 after the company’s order intake reached $2 billion and backlog hit a record. Fluence missed quarterly revenue estimates with $464.9 million but reported margin improvement and narrowed its net loss to $29.2 million. The company signed supply deals with two major hyperscalers and reaffirmed its 2026 guidance.