Fluence Energy slumps on Q3 revenue miss, 2026 outlook slashed

Shares of energy storage provider Fluence Energy fell 16.5% to $11.88 in premarket trading after the company reported third-quarter revenue of $649.8 million, missing analyst estimates of $848.2 million, according to data compiled by LSEG.

The company said weak revenue was due to production delays at new contract manufacturing facilities.

Fluence Energy now expects fiscal 2026 revenue of $2.9 billion to $3.1 billion, down from its prior forecast of $3.2 billion to $3.6 billion.

Seven out of 23 analysts rate the stock "buy" or higher, 13 rate it "hold" and three rate it "sell"; the median price target is $18, according to data compiled by LSEG. As of the last close, the stock was down about 28% year to date.