I knew something was baking in the oven when I saw the volume spike that much at the beginning of May, so I am glad I was right, though it still amazes me how the N word being mentioned causes stocks to rally like that all in one day :D
Already 128%+ since entry almost 4 weeks ago. That tastes good. I just read an article today reporting that Fluence is converting a 12 GW power pipeline for the Ki infrastructure into the first firm orders. The company has signed master supply agreements with two large, as yet undisclosed hyperscalers. Fluence had previously beaten 26 providers in a selection process. According to the management, the first binding orders from these agreements should be placed in the current quarter, which ends in June. This is precisely what is currently arousing a lot of interest. Fluence is thus positioning itself not only as a provider of battery storage for the grid, but also as a technology partner for power-hungry GPU clusters. The company's own power processing with a response time of less than 100 milliseconds is designed to meet the strict requirements of AI data centers. This is a clear strategic step. And it comes in a market where the power supply is quickly becoming a bottleneck.
At the same time, a record order backlog of 5.6 billion dollars supports visibility for the coming quarters. Fluence is sticking to its sales forecast of 3.2 to 3.6 billion dollars for the current financial year. The midpoint is 3.4 billion dollars. The company is also targeting a recurring annual turnover of around 180 million dollars.
