Added to YB: 2026-05-12
Pitch date: 2026-05-08
FLNC [bullish]
Fluence Energy, Inc.
+7.11%
current return
Author Info
Outlier Capital is where I share my highest-conviction ideas, portfolio updates, and investment research. Sign up for the newsletter.
Company Info
Fluence Energy, Inc., through its subsidiaries, provides energy storage and optimization software for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
$3.2B
Pitch Price
$23.55
Price Target
145.00 (+500%)
Dividend
N/A
EV/EBITDA
-1.2K
P/E
-75.98
EV/Sales
1.28
Sector
Electrical Equipment
Category
growth
LONG $FLNC After Today's Earnings
FLNC: Q2 rev miss, but stock +28% on record $5.6B backlog (+2x YTD order intake to $2B) & 2 hyperscaler MSAs w/ first order exp Q3. FY26 guide $3.2-3.6B rev reaffirmed (backlog covers it). Trading 0.9x fwd sales, path to positive EBITDA FY26, profitability FY27 as gross margins→mid-teens. Bull: hyperscaler orders→$8-10B backlog, 20%+ margins, 2-3x sales / 25-35x P/E = 4-6x upside over 2-3yrs. Bear: execution risk, sideways grind.
Read full article (2 min)