Susquehanna Trims PT on Fluence Energy (FLNC) to $23

Fluence Energy, Inc. (NASDAQ:FLNC) is one of the best AI energy stocks to buy in 2026.

Susquehanna Trims PT on Fluence Energy (FLNC) to $23

On April 9, 2026, Susquehanna updated estimates and price targets for its alternative energy coverage ahead of first-quarter earnings. As part of that, the firm lowered its price target for Fluence Energy, Inc. (NASDAQ:FLNC) from $27 to $23 while maintaining a “Positive” rating. Despite expectations being revised prior to results, this development reflects positive sentiment toward the stock.

On March 30, 2026, Needham initiated coverage of Fluence Energy, Inc. (NASDAQ:FLNC) with a “Hold” rating (without a price target), noting that while the company remains a leading pure-play grid-scale storage integrator, its early-mover advantage in domestic cell sourcing could diminish over the next 12 to 24 months as EV-to-BESS capacity conversions expand U.S. supply.

Needham also highlighted increasing execution risk as additional competitors enter the market.

Meanwhile, on March 19, 2026, Guggenheim upgraded Fluence Energy, Inc. (NASDAQ:FLNC) to “Neutral” from “Sell” with no price target, following a recent discussion with the CEO that focused on continued growth and improving profitability. The firm noted that the stock’s 51% decline since February 3, combined with a modestly improved outlook on the company’s competitive positioning, has brought valuation back to a more reasonable level.

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

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