Fluence Energy (FLNC) Climbs 16% on Upbeat Solar, BESS Outlook

We recently published 10 Stocks Powering Into 2026 With Explosive Gains. Fluence Energy, Inc. (NASDAQ:FLNC) is one of the top performers on Friday.

Fluence Energy snapped a three-day losing streak on Friday, soaring 16.33 percent to close at $23.01 apiece as investors took heart from a broader market optimism, supported by analysts’ upbeat outlook for the solar and energy storage industry.

Despite the early expiration of tax credits, the rally was supported by an upbeat outlook for the year from investment firm Goldman Sachs, which issued a “buy” recommendation on Fluence Energy, Inc. (NASDAQ:FLNC), First Solar, Nextracker, and Array Technologies, on optimism that they would benefit from the strong demand for power from the artificial intelligence sector.

Battery energy storage solutions. Photo from Fluence Energy website

Goldman Sachs said it continues to favor utility-scale solar companies, especially in the US, amid the growing demand for energy from data centers which are likely to support project pipelines and earnings this year.

For 2026 alone, the investment firm said it expects utility-scale solar deployments to jump by 3 percent year-on-year, while revenue growth for companies could average 15 percent year-on-year.

Apart from Goldman Sachs, Fluence Energy, Inc. (NASDAQ:FLNC) also earned bullish ratings recently from UBS, Citigroup, Jefferies, Susquehanna, Morgan Stanley, and Canaccord.

While we acknowledge the risk and potential of FLNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FLNC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.