UBS upgrades Fluence Energy to 'neutral'; shares rise

Fluence Energy

25/08/2026 16:30

** Shares of energy storage provider Fluence Energy FLNC.O gain 3% to $11.2
** UBS upgrades it to "neutral" from "sell"; raises PT to $12 from $9, which represents a 10.9% upside to the stock's last close
** Brokerage says "guidance cut sets up more attractive YoY benchmark for FY2027 earnings growth & risk/reward now more balanced"
** Earlier this month, FLNC trimmed annual revenue forecast to $2.9 bln to $3.1 bln, down from $3.2 bln to $3.6 bln
** Six of 23 brokerages rate the stock "buy" or higher, 14 "hold" and three "sell"; their median PT is $16 — data compiled by LSEG
** Including session's moves, the stock is down 43.6% YTD

(Reporting by Sudeshna Ghoshal in Bengaluru)
((Sudeshna.Ghoshal@thomsonreuters.com;))