Fluence Energy Faces Skepticism Over US Demand and Margins Amid Improved Policy Clarity

Thursday, Dec 4, 2025 1:17 pm ET1min read

Fluence Energy is set to enter fiscal 2026 with a clearer policy backdrop due to resolved disputes and improved US-China trade tensions. However, investors remain cautious about demand recovery and margin turnaround, citing a 39% decline in US revenue in fiscal 2025 and skepticism about reaching high margin targets. Jefferies expects some improvement in margins after fiscal 2026, but not above 15%. The stock has risen fourfold since summer lows, leaving Fluence in a better position, but investors remain hesitant.

Fluence Energy Faces Skepticism Over US Demand and Margins Amid Improved Policy Clarity

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