Why These Energy Stocks Are Gaining This Week

5. Fluence Energy, Inc. (NASDAQ:FLNC

Share Price Gains Between June 18 – June 26: 13.11%

Next on our list of Energy Stocks that Gained This Week is Fluence Energy, Inc. (NASDAQ:FLNC), a global market leader delivering intelligent energy storage and optimization software for renewables and storage.

Fluence Energy, Inc. (NASDAQ:FLNC) continues to gain after it was revealed that the Senate Finance Committee’s proposed changes to President Trump’s tax and spending bill would preserve tax credits for the battery storage industry while gutting incentives for wind and solar power. It means that full credits will remain in place for the sector under current law for battery systems put in service before 2036.

Fluence Energy, Inc. (NASDAQ:FLNC) also received a boost after BMO Capital analyst Ameet Thakkar raised the stock’s price target from $4 to $5, while maintaining its ‘Market Perform’ rating. The analyst highlighted the optimistic remarks from Fluence’s management concerning their international margins, and also revised its FY26 EPS estimate for the company, raising it by 11 cents to a projected loss of 25 cents per share.