Fluence Energy tumbles after slashing annual revenue, adj EBITDA forecast

Fluence Energy

17/09/2026 11:38

** Shares of Fluence Energy FLNC.O fall 21.1% to $7.10 premarket
** The energy storage provider lowers FY26 revenue forecast to $2.4 bln from prior range $2.9 bln to $3.1 bln
** Now sees FY adj. EBITDA loss of ~$200 mln, wider than previous forecast of ~$10 mln loss 
** Continued delays in contract manufacturing facility in Houston primary reason for lowering forecast - CEO 
** Six of 24 brokerages rate the stock "buy" or higher, 12 "hold" and six "sell" or lower; median PT is $14.5
** As of last close, stock down 54.3% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))