On August 4, Fluence Energy, Inc. rose 8.04% in pre-market trading, trading at $15.72/share, with turnover of approximately $708,500. The move comes on the eve of the company's fiscal third-quarter earnings release scheduled for August 5, with consensus expecting EPS of -$0.05, a significant improvement from the prior quarter's -$0.16.
The rally is supported by rising enthusiasm around AI-related battery energy storage demand. In June, Fluence partnered with Nvidia and Siemens to develop a reference architecture for Nvidia's DSX Vera Rubin AI data center platform, where Fluence's battery storage provides flexibility for AI factories in power-constrained environments. That announcement previously drove the stock up 44%. The broader Electrical Components & Equipment sector showed strength, with Vertiv Holdings up 3.74% and Eaton up 1.32%.
Analysts project 11.50% revenue growth for the upcoming quarter, though institutional sentiment leans cautious given concerns over project delivery timing, cost rigidity, and margin pressure from industry competition. Last quarter, revenue was $465 million with a gross margin of 10.03%.
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