Fluence Energy (FLNC) Slides Following Analyst Downgrades

Core Insights - Fluence Energy, Inc. (NASDAQ:FLNC) experienced a significant share price decline of 22.01% from December 10 to December 17, 2025, marking it as one of the worst-performing energy stocks during that week [1] Group 1: Analyst Downgrades - Mizuho downgraded Fluence Energy from 'Neutral' to 'Underperform' on December 8, citing the stock's premium valuation, while simultaneously raising its price target from $9 to $15 due to increased battery storage demand and improved EBITDA margins [2] - Johnson Rice also downgraded Fluence Energy from 'Buy' to 'Hold' on the same day, but raised its price target significantly from $8 to $18, indicating a belief in the company's potential despite the downgrade [4] Group 2: Market Performance and Forecast - The analyst noted that Fluence shares reflect 'premature enthusiasm' regarding data center pipeline conversion and AESC's battery cell line integration, despite a notable increase of over 67% in share price following the announcement of Q4 2025 results, where the company projected a revenue growth of 50% for FY 2026 [3] - Fluence reported a record $1.4 billion in orders for Q4, contributing to a total backlog of $5.3 billion as of September 30, with 85% of the revenue forecast already secured [3]