The share price of Fluence Energy, Inc. (NASDAQ:FLNC) fell by 22.01% between December 10 and December 17, 2025, putting it among the Energy Stocks that Lost the Most This Week.
Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage.
On December 8, Mizuho downgraded Fluence Energy, Inc. (NASDAQ:FLNC) from ‘Neutral’ to ‘Underperform’ due to the stock’s premium valuation. However, the analyst firm also increased its price target on the stock from $9 to $15, driven by a higher battery storage demand and improved EBITDA margins.
According to the analyst, Fluence shares are pricing in ‘premature enthusiasm’ around data center pipeline conversion, AESC’s battery cell line integration, and potential upside to the pipeline. It is worth noting that FLNC increased by over 67% after it announced its Q4 2025 results last month, as the company forecasted revenue growth of 50% for FY 2026. More importantly, 85% of Fluence’s revenue forecast has already been secured in its backlog, as the energy storage operator reported a record $1.4 billion of orders in Q4, taking its total backlog to $5.3 billion as of September 30.
On December 8, Johnson Rice also downgraded Fluence Energy, Inc. (NASDAQ:FLNC) from ‘Buy’ to ‘Hold’ but more than doubled its price target from $8 to $18.
While we acknowledge the potential of FLNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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