10 Big Names Feasting on Gains Ahead of Thanksgiving

4. Fluence Energy, Inc. (NASDAQ:FLNC)

Fluence Energy rallied for a 3rd consecutive day on Wednesday, climbing 13.24 percent to close at $18.99 apiece as investors took heart from a flurry of stock ratings and price target upgrades from five investment firms.

In separate market notes, Fluence Energy, Inc. (NASDAQ:FLNC) received bullish coverage from Canaccord, Jefferies, Goldman Sachs, Susquehanna, and Morgan Stanley.

Canaccord was the most bullish among the five, raising its price target by 150 percent to $25 from $10 previously, while maintaining its “buy” recommendation on the belief that the company will largely benefit from a strengthening energy demand.

Jefferies, on the other hand, followed with a 45 percent price target bump to $16 from $11 previously, following the results of its earnings performance in the third quarter of the year.

According to Jefferies, its assessment reflected Fluence Energy, Inc.’s (NASDAQ:FLNC) improving outlook for fiscal year 2026 and beyond, adding that the firm was already seeing early signs of recovery.

Goldman Sachs, for its part, raised its price target by 33 percent to $20 from $15; while Susquehanna upgraded the energy firm by 17.6 percent to $20 from $17.

Lastly, Morgan Stanley gave a 16.7 percent higher price target, at $14, versus $12 earlier.

In the full fiscal period of 2025, Fluence Energy, Inc. (NASDAQ:FLNC) swung to an attributable net loss of $48.3 million from a $22.7 million attributable net income in the same period last year.

Revenues, on the other hand, jumped by 6.25 percent to $1.7 billion from $1.6 billion year-on-year.

For the next fiscal year, the company is targeting to hit revenues of $3.2 billion to $3.6 billion, as well as adjusted EBITDA of $40 million to $60 million.