FLNC - Fluence Energy Inc.

Ugly chart; chart says run for the hills; next buyers may appear at $7-8, maybe $9.

Listed with other crypto/neocloud names that the host sees as catch-up trades rather than leaders.

Fluence is called the worst name in the draft, down almost 50%.

Grid-scale battery storage company with record backlog of $5.6B and year-to-date order intake doubled to ~$2B. Management reaffirmed 2026 revenue guidance of $3.2-3.6B. Stock trades below 1x forward EV/revenue, and a double would imply just 2x forward revenue, which is industry standard. Earnings report expected tomorrow, so near-term volatility exists but long-term outlook is strong.

The speaker is negative on FLNC due to lack of earnings, likely share issuance, and execution concerns. He advises caution and suggests looking at competitors before investing.

Fluence focuses on energy storage, which is essential for supporting AI operations.

Part of the energy layer, helps energy systems flow. Without energy, AI shuts down, making this a critical layer.

Host believes FLNC is at the beginning of a massive multi-year run driven by AI data center power demand. The Siemens/Nvidia partnership validates his thesis. He cites a $5.6–6 billion backlog, potential Q3 earnings strength, margin recovery, and possible additional hyperscaler partnerships as catalysts. He previously called it a potential 10-bagger.

FLNC surged 43% after announcing a partnership with Nvidia for AI data center power and electrical reference architecture. If it moves past $29 tomorrow, look for continuation toward the $33.45 peak from earlier this year.

Fluence builds grid-scale battery storage that solves the critical power bottleneck for AI data centers. The stock is only around $18 and hasn't run yet despite the same tailwinds that drove Bloom Energy's massive rally. Key catalysts include a Meta solar-plus-storage project in Arizona, over 30 GWh of data center projects in the pipeline, talks with natural gas companies for gas-battery hybrid solutions, American manufacturing advantage under the Trump administration, and a large short squeeze setup with a huge portion of shares sold short. Charlie believes the market is exploding but nobody is paying attention to FLNC yet.