Fluence Energy, Inc. (NASDAQ:FLNC) is included among the 10 Best Renewable Energy Stocks to Buy According to Billionaires.
Battery energy storage solutions. Photo from Fluence Energy website
Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader in energy storage products and services, and cloud-based software for renewables and storage assets.
Fluence Energy, Inc. (NASDAQ:FLNC) received a significant boost on June 1 when it was reported that the company would collaborate with Siemens and Nvidia to develop a design for artificial intelligence data centers. The blueprint, which incorporates design solutions from nVent Electric, aims to turn Nvidia’s AI factory concept into actual, deployable systems for data center providers. The reference plans involve a 136 MW data center facility that would incorporate Fluence’s battery storage technology.
Jeff Monday, Chief Growth Officer at Fluence, commented:
“Our Smartstack platform is central to this new architecture, transforming the grid into an accelerator for compute. By providing essential capabilities like voltage and frequency ride through, black start, grid demand response, and AI load smoothing, we are enabling our customers to build the AI factories of the future, faster and more reliably.”
According to the analysts over at Barclays, the agreement would mark a potential new sales channel for Fluence Energy, Inc. (NASDAQ:FLNC). The analyst firm maintains an ‘Equal Weight’ rating and $16 price target on the stock.
While we acknowledge the potential of FLNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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