FLNC
SinkerFluence Energy, Inc. · Utilities · United States · $1.1B cap · $33.2M/day traded
$5.08 +3.5% · close 11 Nov · scored 12 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 12 Nov 2026, the MoatMap Score for Fluence Energy, Inc. (FLNC) is 5/100, ranked against 25,000+ stocks in 38 markets (Quality 28, Value 34, Momentum 10, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT FLUENCE ENERGY, INC.
Read
Fluence Energy, Inc. is a leading global provider of utility-scale battery energy storage products, services, and digital applications that optimize energy assets. Its competitive moat is built upon extensive operational experience, a robust portfolio of proprietary hardware and software solutions, and its position as an early innovator in grid-scale energy storage. Fluence is a pivotal player enabling the global transition to renewable energy and enhancing grid stability.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 2.2B | 2.7B | 2.3B | 23.6% | 2.6B | 2.4B | 3.0B | 15.4% |
| EPS | -1.50 | -0.60 | 0.18 | -0.37 | — | -0.60 | -0.89 | -0.27 | — |
| Shares | 114.9M | 118.9M | 129.4M | 131.2M | +14.2% | 143.2M | — | — | — |
| Debt | 2.7M | 50.6M | 30.4M | 390.8M | 422.3% | 413.2M | — | — | — |
| Equity | 435.8M | 402.3M | 472.1M | 429.6M | -0.5% | — | — | — | — |
| Op CF | -282.4M | -111.9M | 79.7M | -145.5M | — | -100.8M | — | — | — |
| Inv CF | -148.4M | 94.4M | -19.0M | -29.8M | — | — | — | — | — |
| Fin CF | 817.1M | 52.6M | -8.7M | 356.9M | — | — | — | — | — |
Made a new 52-week low 1 trading day ago, 85% below its 52-week high. The fall has not stopped yet.
Swung more than 97% of stocks we rank over the past year (volatility 117% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of FLNC are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| FLNC | Fluence Energy, Inc.(you) | $1.1B | 5 |
| FRVO | Fervo Energy Company | $2.4B | 5 |
| NRGV | Energy Vault Holdings, Inc. | $464M | 11 |
| ORA | Ormat Technologies, Inc. | $5.4B | 8 |
| BEPC | Brookfield Renewable Corporation | $5.4B | 17 |
| VGAS | Verde Clean Fuels, Inc. | $58M | 4 |
| NXXT | NextNRG, Inc. | $51M | 6 |
| AGIG | Abundia Global Impact Group Inc | $57M | 8 |
| SAFX | XCF Global, Inc. | $66M | 12 |
| CWEN | Clearway Energy, Inc. | $7.7B | 32 |
Peer medians: ROE 9.1% · P/E 20.5x · Gross margin 45.7%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.