Fluence Energy stock jumps 16% to start 2026 — what’s driving FLNC and what comes next
Fluence Energy shares surged 16.3% to $23.01 Friday, trading over 6 million shares as investors rotated into utilities and energy. The company forecasts fiscal 2026 revenue of $3.2–$3.6 billion, with 85% of the midpoint covered by backlog. Wall Street remains cautious, with an average analyst price target of $13.54. Broader energy storage stocks also rallied.