Fluence Energy slumps on Q3 revenue miss, 2026 outlook slashed
BUZZ-Fluence Energy slumps on Q3 revenue miss, 2026 outlook slashed ** Shares of energy storage provider Fluence Energy FLNC.O down 16.5% at $11.88 premarket
** Co posts Q3 revenue of $649.8 mln, missing analyst est. of $848.2 mln - data compiled by LSEG
** Co attributes weak revenue to production delays at new contract manufacturing facilities
** FLNC now sees fiscal 2026 revenue of $2.9 bln to $3.1 bln, down from $3.2 bln to $3.6 bln
** Seven out of 23 analysts rate stock "buy" or higher, 13 rate it "hold", three "sell"; median PT at $18 - data compiled by LSEG
** As of last close, FLNC stock down ~28% YTD
(Reporting by Tharuniyaa Lakshmi in Bengaluru)
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