New York, January 5, 2026, 14:48 ET — Regular session
- Fluence Energy shares were down about 3% in afternoon trade.
- Investors weighed a risk-on U.S. session against the week’s key U.S. data.
- Next catalysts include Friday’s U.S. jobs report and Fluence’s expected early-February results.
Fluence Energy (FLNC) shares fell about 2.6% to $22.41 in afternoon trading on Monday, underperforming a broader market rise. The stock ranged between $21.72 and $23.55, with roughly 2.7 million shares changing hands.
Wall Street’s main indexes pushed higher, led by energy and financial stocks after a U.S. military strike captured Venezuelan President Nicolas Maduro, Reuters reported. “It’s normal for markets to try to start a new month or a new year on a positive tone,” said Steve Sosnick, chief market analyst at Interactive Brokers. Markets are pricing in about 60 basis points of U.S. rate cuts this year, Reuters said. 1
That rate path matters for clean-energy suppliers because many utility-scale projects rely on long-term financing, and higher yields can tighten budgets. The Labor Department is scheduled to release the December employment report on Friday, Jan. 9, at 8:30 a.m. ET, a data point that can reset expectations for the Federal Reserve.
Moves across storage and electrification names were mixed. Stem rose about 7% and Tesla gained about 4% as Fluence drifted lower.
Fluence sells large battery energy storage systems, known as BESS, that store electricity for later use and help grid operators manage swings in solar and wind output. Its software tools aim to optimize how those batteries charge and discharge.
In a Nov. 24 filing, the company projected fiscal 2026 revenue of about $3.2 billion to $3.6 billion and adjusted EBITDA of $40 million to $60 million. It said about 85% of its revenue guidance midpoint was covered by backlog as of Sept. 30, with backlog meaning contracted orders not yet recorded as revenue.
Investors have focused on how quickly Fluence converts that backlog into revenue, and whether profitability improves as project volumes scale. Monday’s pullback underscored the stock’s high beta — meaning it tends to swing more than the broader market when sentiment shifts.
But storage deliveries can be lumpy, and project start dates can slip when customers adjust timelines or financing costs change. Fresh pricing pressure or execution missteps would put the company’s profit targets back under scrutiny.
Short-term traders will watch whether the stock holds above the day’s lows after failing to sustain levels above $23, and whether broader risk appetite remains intact into Friday’s data. Volatility typically rises around major macro releases.
