Fluence Energy, Inc. is trading at $19.39 with a forward P/E of 93.46. Microvast (MVST) hits a record high due to China’s lithium battery restrictions. Bloomberg forecasts a quadruple increase in AI data center power demand over the next decade, creating a growth opportunity for energy storage companies like Fluence. The company’s profitability and strategic partnerships position it well to capitalize on surging global storage demand. Investors see Fluence as an undervalued opportunity with the potential to be worth four times its current valuation. Tesla’s bullish thesis on autonomy, AI, and energy also aligns with Fluence’s growth prospects.
Read more at Yahoo Finance: Fluence Energy, Inc. (FLNC): A Bull Case Theory
