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EVE Energy signs 206 GWh battery framework with storage supplier Fluence. The five-year agreement includes 16 GWh of committed deliveries for 2027 and 190 GWh of reserved capacity thereafter. Sep 18 2026 Chinese battery manufacturer EVE Energy has signed a framework agreement with U.S.-based energy storage supplier Fluence covering up to 206 GWh of battery deliveries between 2027 and 2031. EVE Energy said in a stock exchange filing that its subsidiary Hubei EVE Power signed the agreement with Fluence Energy Global Production Operation, LLC following earlier cooperation between the companies. The parties agreed on a committed delivery volume of 16 GWh for 2027, with a further 190 GWh of capacity reserved for 2028 through 2031. According to EVE Energy, the agreement is a framework arrangement and specific product specifications, quantities, prices, delivery schedules and quality requirements will be determined through subsequent purchase orders. The company also warned that changes in industry policy, market conditions or other unforeseen factors could affect implementation. The committed and reserved volumes apply across all product types, models and configurations purchased by Fluence from EVE Power or its affiliates, with deliveries counted against the agreed volumes on a GWh-equivalent basis. EVE did not disclose the battery chemistry, cell format, manufacturing location, contract value or destination markets. EVE Energy is one of China's largest lithium-ion battery manufacturers. It shipped 44.46 GWh of energy storage batteries in the first half of 2026, up 54.9% year on year, alongside 35.76 GWh of power batteries. Fluence was launched by Siemens and U.S. utility group AES in 2018 and is listed on Nasdaq. The company supplies grid-scale storage systems, services and optimization software. As of June 30, it had deployed 19.3 GWh of energy storage systems and reported 12.6 GW of contracted storage backlog. The agreement comes with execution risks on both sides. Fluence disclosed in August that it had incurred about $15 million in upfront costs associated with a planned long-term international battery supply agreement. On Sept. 16, two days before EVE's filing, Fluence cut its fiscal 2026 revenue guidance from around $3 billion to approximately $2.4 billion, citing continuing production delays and supply-chain problems at its U.S. contract manufacturing operations. The EVE-Fluence agreement extends the existing pattern of cooperation between Chinese battery manufacturers and U.S. storage integrators. EVE previously signed battery supply arrangements with U.S.-based Powin and American Battery Solutions/AESI, including a 19.5 GWh framework with AESI that EVE said remains under implementation. Separately, Chinese battery manufacturer REPT Battero is supplying 3 GWh of storage systems to U.S.-based Energy Vault during 2026 under an agreement signed in September 2025. Such cross-border supply relationships are becoming more complex as U.S. tariffs, localization requirements and foreign-entity restrictions reshape battery sourcing. For the EVE-Fluence agreement, the eventual commercial significance will therefore depend less on the headline 206 GWh figure than on how much of the reserved capacity converts into binding purchase orders over the next five years. This content is protected by copyright and may not be reused. If you want to cooperate with PV Magazine Group and would like to reuse some of its content, please contact: [email protected]. More about

Fluence Energy (NASDAQ:FLNC) stock price down 6.3% following analyst downgrade. Posted by Don Miller on Sep 18th, 2026 Fluence Energy, Inc. (NASDAQ:FLNC - Get Free Report) traded down 6.3% during trading on Friday after BNP Paribas Exane lowered their price target on the stock from $8.00 to $5.00. BNP Paribas Exane currently has an underperform rating on the stock. Fluence Energy traded as low as $7.22 and last traded at $7.1790. Approximately 2,376,493 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 8,020,847 shares. The stock had previously closed at $7.66. Several other equities research analysts also recently weighed in on FLNC. JPMorgan Chase & Co. cut their target price on shares of Fluence Energy from $17.00 to $8.00 and set a "neutral" rating on the stock in a research note on Thursday. Morgan Stanley set a $15.00 target price on shares of Fluence Energy in a research report on Friday, August 7th. Citigroup reduced their price objective on Fluence Energy from $24.00 to $20.00 and set a "buy" rating for the company in a research note on Friday, August 14th. Barclays lowered Fluence Energy from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $16.00 to $10.00 in a report on Thursday, September 3rd. Finally, Mizuho dropped their price target on shares of Fluence Energy from $15.00 to $8.00 and set an "underperform" rating on the stock in a research note on Friday, September 11th. Four equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat.com, Fluence Energy has an average rating of "Reduce" and an average price target of $12.52. Insider buying and selling. In related news, SVP John Zahurancik sold 15,974 shares of the business's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $22.03, for a total value of $351,907.22. Following the completion of the transaction, the senior vice president owned 71,171 shares of the company's stock, valued at approximately $1,567,897.13. The trade was a 18.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.69% of the company's stock. Key headlines impacting Fluence Energy. Here are the key news stories impacting Fluence Energy this week: * Canaccord Genuity maintained a buy rating despite reducing its price target to $15 from $24, implying substantial potential upside if Fluence resolves its operational problems. * Fluence appointed Bernerd Da Santos as chief operating officer. He will oversee customer success, products, supply chain, manufacturing and operations, potentially strengthening execution. * Some analysts view the selloff as potentially excessive or describe the stock as undervalued against longer-term cash-flow estimates, but these arguments depend on a successful operational recovery. * Fluence cut fiscal 2026 revenue guidance to approximately $2.4 billion from a prior midpoint near $3 billion. It also widened its adjusted EBITDA loss forecast to roughly $200 million from about $10 million, a significant deterioration in profitability expectations. * Production delays and logistical problems at the company's Houston manufacturing facility, along with broader U.S. supply-chain issues, are delaying project deliveries and driving the guidance cut. Management also plans to "right-size" growth to reduce working-capital requirements, raising concerns that fiscal 2027 revenue could fall well below the roughly $4 billion analyst consensus. * The guidance shock triggered a wave of analyst caution. Goldman Sachs downgraded FLNC to neutral, while BMO, JPMorgan, RBC, BNP Paribas Exane, Canaccord and Baird lowered price targets; Baird's target fell to $3 and BNP Paribas Exane assigned an underperform rating. * A law firm announced an investigation into potential securities-law violations, adding headline and litigation risk following the sharp decline. Institutional inflows and outflows. Institutional investors have recently bought and sold shares of the business. Curio Wealth LLC purchased a new position in shares of Fluence Energy in the 4th quarter worth about $31,000. IFP Advisors Inc grew its stake in Fluence Energy by 184.1% during the second quarter. IFP Advisors Inc now owns 1,540 shares of the company's stock worth $31,000 after buying an additional 998 shares during the period. EverSource Wealth Advisors LLC grew its stake in Fluence Energy by 31.8% during the first quarter. EverSource Wealth Advisors LLC now owns 2,782 shares of the company's stock worth $38,000 after buying an additional 672 shares during the period. Sankala Group LLC acquired a new stake in shares of Fluence Energy in the fourth quarter worth $51,000. Finally, Allworth Financial LP increased its position in shares of Fluence Energy by 415.3% in the second quarter. Allworth Financial LP now owns 3,056 shares of the company's stock worth $61,000 after acquiring an additional 2,463 shares in the last quarter. 53.16% of the stock is currently owned by institutional investors and hedge funds. Fluence Energy stock performance. The company has a current ratio of 1.34, a quick ratio of 0.89 and a debt-to-equity ratio of 0.91. The firm has a market cap of $1.33 billion, a PE ratio of -11.78 and a beta of 2.74. The stock's 50 day moving average price is $12.36 and its 200 day moving average price is $15.97. Fluence Energy (NASDAQ:FLNC - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.24) earnings per share for the quarter. Fluence Energy had a negative net margin of 3.13% and a negative return on equity of 16.79%. The firm had revenue of $649.85 million during the quarter, compared to analysts' expectations of $818.57 million. During the same quarter last year, the company posted $0.01 earnings per share. Fluence Energy's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, equities analysts forecast that Fluence Energy, Inc. will post -0.51 earnings per share for the current fiscal year. Fluence Energy company profile. Fluence Energy, Inc is a global energy storage and software company that develops solutions to support the transition to cleaner and more reliable electricity systems. The company provides products and services for utilities, renewable energy developers, commercial and industrial customers, and other power market participants. Its offerings include large-scale battery energy storage systems, renewable energy integration solutions, and digital applications for managing and optimizing energy assets. Receive News & Ratings for Fluence Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluence Energy and related companies with MarketBeat.com's FREE daily email newsletter.

FLNC INVESTIGATION: Fluence Energy investors should contact Block & Leviton LLP to possibly recover losses. BOSTON, Sept. 17, 2026 (GLOBE NEWSWIRE) - Block & Leviton is investigating Fluence Energy, Inc. (Nasdaq: FLNC) for potential securities law violations. Investors who have lost money in their Fluence Energy investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/flnc. What is this all about? Block & Leviton is investigating whether Fluence Energy and certain of its executives made misleading statements or failed to disclose material information to investors about the Company's manufacturing ramp and production capabilities. On August 5, 2026, Fluence cut its full-year revenue outlook after reporting production and construction delays that pushed approximately $400 million of expected deliveries into fiscal 2027. Then, on September 16, 2026, Fluence sharply reduced its outlook again, cutting expected fiscal 2026 revenue to approximately $2.4 billion and adjusted EBITDA to a loss of approximately $200 million, citing continued delays ramping its Houston manufacturing facility. Fluence shares fell sharply on the news. The investigation concerns whether Fluence adequately disclosed the extent of the problems affecting its manufacturing operations before the August and September guidance cuts. Who is eligible? Anyone who purchased Fluence Energy common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing? Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money. What should you do next? If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510. Whistleblower? If you have non-public information about Fluence Energy, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510. Why should you contact Block & Leviton? Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions. This notice may constitute attorney advertising.