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Jefferies Cites Strong U.S. Market Conditions Driving Fluence Energy, Inc. (FLNC) Upgrade

Fluence Energy, Inc. (NASDAQ:FLNC) is among the 12 Most Promising EV Battery Stocks to Buy Now.

Fluence Energy, Inc. (NASDAQ:FLNC) is one of the most promising stocks.

TheFly reported earlier on February 9 that Jefferies upgraded FLNC from Hold to Buy, setting a revised price target of $24, down from $25. The firm listed improved U.S. market circumstances, growth supported by a strong project backlog for fiscal 2026, and potential advantages from long-term opportunities in data center energy storage as the main causes of the rise.

Fluence Energy, Inc. (NASDAQ:FLNC) already released its fiscal 2026 first-quarter results, which covered the period ending December 31, 2025, on February 4. The business made about $475.2 million in revenue, which was 154.4% more than it made in the same quarter the previous year. The adjusted gross margin, which took into account project-related expenses and the seasonal distribution of fixed overhead, was 5.6%, compared to GAAP’s 4.9% gross margin.

A net loss of about $62.6 million and an adjusted EBITDA of about $52.1 million were reported for the quarter. During the quarter, Fluence secured almost $750 million in new orders, increasing its backlog to over $5.5 billion, the highest it has ever had. Overall liquidity, including the revolving credit facility, was approximately $1.1 billion, while total cash was close to $477.8 million.

The business highlighted the continuous rise in global demand, which is driven by the development of data centers, the need for utilities, and an increase in industrial load. Aiming for $3.2 billion to $3.6 billion in revenue, $40 million to $60 million in adjusted EBITDA, and roughly $180 million in yearly recurring revenue, Fluence restated its fiscal 2026 target.

Fluence Energy, Inc. (NASDAQ:FLNC)  develops battery-based energy storage systems that leverage advanced lithium-ion technology, supporting EV battery supply chains and grid integration, while enabling renewable energy storage and efficient power management.

While we acknowledge the potential of FLNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FLNC and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 14 Best GARP Stocks to Buy According to Analysts and 14 Best Affordable Dividend Stocks to Buy According to Analysts.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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