Initiated Outperform X

FLNC Fluence

Mizuho

$8

Downgrades Buy Neutral X

FLNC Fluence

BofA Securities

$20 $8

Downgrades Outperform Sec Perform X

FLNC Fluence

RBC Capital Mkts

$25 $7

Downgrades Buy Neutral X

FLNC Fluence

ROTH MKM

$20 $6.50

Downgrades Buy Neutral X

FLNC Fluence

UBS

$28 $8

Downgrades Outperform Peer Perform X

FLNC Fluence

Wolfe Research

Downgrades Outperform Mkt Perform X

FLNC Fluence

BMO Capital Markets

$22 $10

Downgrades Buy Sell X

FLNC Fluence

Guggenheim

$26 $6

Downgrades Buy Hold X

FLNC Fluence

Jefferies

$22 $15

Upgrades Underperform Neutral X

FLNC Fluence

Exane BNP Paribas

$22

Downgrades Buy Neutral X

FLNC Fluence

Citigroup

$32 $24

Initiated Buy X

FLNC Fluence

Jefferies

$26

Upgrades Neutral Buy X

FLNC Fluence

Guggenheim

$26

Initiated Sector Perform X

FLNC Fluence

Scotiabank

$21

Initiated Buy X

FLNC Fluence

Truist

$25

Downgrades Buy Neutral X

FLNC Fluence

Guggenheim

Upgrades Mkt Perform Outperform X

FLNC Fluence

Raymond James

$22

Upgrades Neutral Positive X

FLNC Fluence

Susquehanna

$24

Upgrades Neutral Overweight X

FLNC Fluence

JP Morgan

$23

Upgrades Neutral Buy X

FLNC Fluence

ROTH MKM

$27 $31

Initiated Underperform X

FLNC Fluence

Exane BNP Paribas

$18

Initiated Overweight X

FLNC Fluence

Barclays

$31

Initiated Neutral X

FLNC Fluence

ROTH MKM

$31

Initiated Neutral X

FLNC Fluence

Piper Sandler

$24

Initiated Buy X

FLNC Fluence

Johnson Rice

$32

Initiated Buy X

FLNC Fluence

Janney

$30

Upgrades Underperform Neutral X

FLNC Fluence

BofA Securities

$14 $26

Initiated Market Perform X

FLNC Fluence

BMO Capital Markets

$24

Upgrades Peer Perform Outperform X

FLNC Fluence

Wolfe Research

$25

Upgrades Neutral Buy X

FLNC Fluence

Guggenheim

$25

Resumed Equal-Weight X

FLNC Fluence

Morgan Stanley

$20 $22

Upgrades Neutral Buy X

FLNC Fluence

Goldman

$25 $29

Initiated Neutral X

FLNC Fluence

Susquehanna

$18

Downgrades Outperform Neutral X

FLNC Fluence

Robert W. Baird

$25

Initiated Buy X

FLNC Fluence

Canaccord Genuity

$16

Downgrades Buy Neutral X

FLNC Fluence

Goldman

$23 $9.50

FLNC  Fluence Energy, Inc.

Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide. The company sells energy storage products with integrated hardware, software, and digital intelligence, as well as engineering and delivery services to support the deployment of its storage products; operational and maintenance, and energy storage-as-a-service; and digital applications and solutions. Its energy storage products include Gridstack, a grid-scale industrial strength energy storage product; Sunstack for optimizing solar capture and delivery; and Edgestack, a commercial energy storage product that discharges when needed to flatten a facility's energy load profile. The company serves utilities, developers, and commercial and industrial customers. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.