LIVE
FLNC
Fluence Energy, Inc. · Energy
$15.44
-34.88% this month
VERSUS
⟷
COMPARE
BE
Bloom Energy Corporation · Industrials
$235.01
-9.69% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
FLNC
1
BE
3
Comparison scoreboard
BE LEADS 3/5AI Score
FLNC 23.3
BE ✓66.3
1Y Return
FLNC +94.46%
BE ✓+805.28%
Fwd P/E
FLNC 78.98
BE ✓52.82
Target Up.
FLNC ✓+21.70%
BE +19.82%
Op. Margin
FLNC N/A
BE N/A
Metrics last refreshed: 7/14/2026
Quick take
FLNC vs BE: Fluence Energy vs Bloom Energy Stock Comparison: AI Score, Valuation, Performance and Upside
Fluence Energy is a grid-scale battery storage company serving utilities and renewable developers, while Bloom Energy makes on-site solid oxide fuel cells serving data centers and industrial customers. Both benefit from the data center power demand explosion but in different ways — Fluence for grid-scale storage, Bloom for on-site generation.
FLNC vs BE is grid-scale battery storage versus on-site fuel cell power generation — Fluence wins if utility-scale battery storage procurement scales with renewable energy buildout; Bloom wins if AI data center power demand drives on-site fuel cell adoption as a reliable, low-emission power source.
Live analysis · updated 7/14/2026
BE holds the edge across 3 of 5 key metrics in this comparison. BE leads on both 1-year return (+805.28%) and forward P/E quality (52.82x vs 78.98x for FLNC), a relatively favorable combination of momentum and valuation. Analyst consensus implies similar upside for both: +21.70% for FLNC and +19.82% for BE.
Normalized 1Y performance
FLNC
BE
Recent returns
FLNC
BE
Analyst price targets & sentiment
FLNC · 18 analysts
STRONG BUYHOLDSTRONG SELL
Hold (2.8/5.0)
Price target range
analyst low$9.00
analyst high$28.00
analyst mean$18.78
current price$15.44
+21.7% upside to analyst mean
BE · 26 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.3/5.0)
Price target range
analyst low$55.00
analyst high$390.00
analyst mean$281.43
current price$235.01
+19.8% upside to analyst mean
Who should consider this stock?
FLNC may suit investors who:
- →want grid-scale battery storage exposure benefiting from renewable energy integration needs
- →value Fluence's Siemens and AES backing as credibility for large utility and developer contracts
- →believe IQ software recurring revenue will improve Fluence's business model quality over time
- →are comfortable with lumpy project revenue and pre-profitability status during the energy transition build-out
BE may suit investors who:
- →prefer AI data center on-site power generation as a near-term demand catalyst for fuel cells
- →value Bloom's solid oxide fuel cell efficiency advantage and multi-fuel flexibility
- →believe South Korea provides meaningful revenue diversification alongside US data center growth
- →are comfortable with high installed cost economics that require long-term power purchase agreements to justify
Performance & AI score
| Metric | FLNC | BE |
|---|---|---|
| AI score | 23.3 | 66.3 |
| AI rank | #3682 | #55 |
| Latest close | $15.44 | $235.01 |
| 1M return | -34.88% | -9.69% |
| 6M return | -33.68% | +71.70% |
| 1Y return | +94.46% | +805.28% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | FLNC | BE |
|---|---|---|
| 1Y ago | $19.45K (+94.5%) started 2025-07-14 | $90.53K (+805.3%) started 2025-07-14 |
| 5Y ago | $4.41K (-55.9%) started 2021-10-28 | $111.43K (+1014.3%) started 2021-07-14 |
| 10Y ago | $4.41K (-55.9%) started 2021-10-28 | $94K (+840.0%) started 2018-07-25 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | FLNC | BE |
|---|---|---|
| Market cap | $2.84B | $66.81B |
| Trailing P/E | N/A | N/A |
| Forward P/E | 78.98 | 52.82 |
| Price/Sales | 1.10 | 27.28 |
| EV/Revenue | 0.82 | 27.32 |
| Analyst target | $18.78 | $281.43 |
| Target upside | +21.70% | +19.82% |
Growth, profitability & risk
| Metric | FLNC | BE |
|---|---|---|
| Revenue growth | 7.70% | 130.40% |
| Earnings growth | N/A | N/A |
| EPS growth | N/A | N/A |
| FCF margin | -5.17% | +10.84% |
| Operating margin | N/A | N/A |
| Profit margin | -1.62% | 0.25% |
| ROIC proxy | -12.72% | 1.29% |
| Return on equity | -12.72% | 1.29% |
| Dividend yield | 0.00% | 0.00% |
| Beta | 2.75 | 3.74 |
| Debt/equity | 87.73 | 311.48 |
| Current ratio | 1.44 | 5.03 |
| Quick ratio | 0.72 | 3.98 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
FLNC max drawdown63.30%
BE max drawdown45.94%
FLNC max wkly drop41.08%
BE max wkly drop26.41%
5Y risk snapshot
FLNC max drawdown90.40%
BE max drawdown75.87%
FLNC max wkly drop50.95%
BE max wkly drop40.25%
10Y risk snapshot
FLNC max drawdown90.40%
BE max drawdown92.54%
FLNC max wkly drop50.95%
BE max wkly drop59.87%
Performance metrics by period
| Period | Metric | FLNC | BE |
|---|---|---|---|
| 1Y | Growth | +94.46% | +805.28% |
| CAGR | +94.55% | +806.64% | |
| Sharpe ratio | 1.11 | 2.52 | |
| Max drawdown | 63.30% | 45.94% | |
| Max daily drop | 34.63% | 18.49% | |
| Max wkly drop | 41.08% | 26.41% | |
| 5Y | Growth | -55.89% | +1014.32% |
| CAGR | -15.95% | +61.97% | |
| Sharpe ratio | 0.27 | 0.92 | |
| Max drawdown | 90.40% | 75.87% | |
| Max daily drop | 46.44% | 24.79% | |
| Max wkly drop | 50.95% | 40.25% | |
| 10Y | Growth | -55.89% | +840.04% |
| CAGR | -15.95% | +32.47% | |
| Sharpe ratio | 0.27 | 0.71 | |
| Max drawdown | 90.40% | 92.54% | |
| Max daily drop | 46.44% | 42.50% | |
| Max wkly drop | 50.95% | 59.87% |
Business comparison
| Category | FLNC | BE |
|---|---|---|
| Company | Fluence Energy, Inc. | Bloom Energy Corporation |
| Sector | Energy | Industrials |
| Industry | N/A | N/A |
| Core business | Global provider of energy storage products and services for utility-scale batteries, built on a joint venture foundation between Siemens and AES. Fluence systems store renewable energy and provide grid stability services. | Manufacturer of solid oxide fuel cells that convert natural gas, biogas, or hydrogen to electricity through an electrochemical process with high efficiency and low emissions. Bloom Energy servers are used for on-site power generation by data centers, manufacturers, and utilities. |
| Investor focus | Revenue backlog and contract execution, recurring software revenue from Fluence IQ platform, international expansion, and gross margin improvement toward profitability. | Data center power demand growth as AI drives electricity consumption, hydrogen fuel cell development, recurring service revenue, and international expansion in South Korea. |
FLNC strengths
- →Fluence is one of the largest dedicated grid-scale battery storage companies with a global project track record
- →Fluence IQ software platform provides recurring revenue on top of hardware installations
- →AES and Siemens backing provides financial credibility and international distribution channels
BE strengths
- →Data center power demand explosion from AI infrastructure is a major tailwind for Bloom's on-site power generation — data centers need reliable, clean power near their facilities
- →Bloom's solid oxide fuel cell technology is highly efficient (65%+ electrical efficiency) and runs on multiple fuel types including natural gas, biogas, and hydrogen
- →South Korea is a major market with significant revenue from Korea Electric Power Corporation and others
Risks to watch — FLNC
- →Grid-scale battery storage is competitive with CATL, LG Energy Solution, and others offering system integration
- →Revenue is lumpy as large storage projects complete — quarterly earnings can swing widely based on project timing
- →Path to profitability requires scale benefits on hardware margins and SaaS software growth
Risks to watch — BE
- →Natural gas prices affect Bloom's economics — high gas prices reduce Bloom's cost advantage vs grid electricity
- →Competition from grid-tied battery storage, gas turbines, and renewable microgrids for on-site power
- →Bloom's fuel cells are expensive on an installed-cost basis vs alternatives, requiring long-term economics to justify
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