Jim Cramer on Fluence Energy: “I’m Going to Have to Take a Pass on That Name”

Fluence Energy, Inc. (NASDAQ:FLNC) is one of the stocks Jim Cramer weighed in on. Asking about the company, a caller highlighted that the stock is trading at less than half of the price-to-sales ratio and is expected to grow 60% in the coming year. Cramer commented:

“Yeah, but it’s losing a lot of money. It’s down 50%. I’m going to have to take a pass on that name. I’m very sorry.”

Jim Cramer on Fluence Energy: "I’m Going to Have to Take a Pass on That Name"

An illustration of digital intelligence and energy storage for a modern industrial facility with servers and storage racks in the background.

Fluence Energy. (NASDAQ:FLNC) provides integrated energy storage solutions and optimization software, and offers a range of products for grid-scale, commercial, and solar-connected applications. On July 17, Barclays analyst Christine Cho raised the price target on the company stock from $5 to $9 while maintaining an Equal Weight rating. According to the firm, the One Big Beautiful Bill contributes to narrowing the cost gap between batteries compliant with foreign entity of concern regulations and Chinese batteries.

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.

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