Fluence Energy, Inc. Class Action Lawsuit - FLNC
Case Summary
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The Fluence Energy class action lawsuit seeks to represent purchasers or acquirers of Fluence Energy, Inc. (NASDAQ: FLNC) securities between November 24, 2025 and September 16, 2026, inclusive (the “Class Period”). Captioned Hatweek v. Fluence Energy, Inc., No. 26-cv-08475 (S.D.N.Y.), the Fluence Energy class action lawsuit charges Fluence Energy and certain of Fluence Energy’s top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Fluence Energy class action lawsuit, please provide your information in the form on this page. You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Fluence Energy class action lawsuit must be filed with the court no later than November 27, 2026.
CASE ALLEGATIONS: Fluence Energy, through its subsidiaries, provides energy storage and optimization software for renewables and storage applications.
The Fluence Energy class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Fluence Energy’s ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed; (ii) the corrective measures Fluence Energy had implemented to address production problems at its contract manufacturers were not remediating those problems, which persisted and extended to Fluence Energy’s new facilities; (iii) as a result, a material portion of the backlog that defendants represented as “securing” or “covering” Fluence Energy’s fiscal 2026 revenue guidance were likely to be delivered and recognized in fiscal 2026; and (iv) as a result of the foregoing, defendants’ positive statements about Fluence Energy’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The Fluence Energy class action lawsuit further alleges that on February 4, 2026, Fluence Energy reported first quarter 2026 financial results, including a GAAP gross profit margin of approximately 4.9%, a 6.5 percentage point decline year over year, due to “additional estimated costs on two projects.” On this news, the price of Fluence Energy stock fell nearly 35%.
Then, on August 5, 2026, the complaint alleges Fluence Energy announced third quarter 2026 financial results, including that revenue of $649.8 million was “weaker than expected, primarily reflecting production delays at new contract manufacturing facilities.” Further Fluence Energy reported “[a]djusted gross profit margin of approximately 5.9%, compared to approximately 15.4% in the same quarter last year, primarily reflecting the impact of delays to revenue.” Fluence Energy concluded that it “now expects that $400.0 million in project deliveries will be delayed into fiscal 2027 due to production issues at a new international contract manufacturing facility and construction related delays that affected the completion and start-up of a new U.S. contract manufacturing facility.” On this news, the price of Fluence Energy stock fell more than 7%.
Finally, on September 16, 2026, Fluence Energy announced a mid-quarter guidance update, revealing that, among other things, Fluence Energy was cutting its full year revenue guide by approximately $0.6 billion, to $2.4 billion. Fluence Energy also cut its full year adjusted EBITDA guide from negative $10 million, to negative $200 million. On this news, the price of Fluence Energy stock fell more than 15%.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Fluence Energy securities during the Class Period to seek appointment as lead plaintiff in the Fluence Energy class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Fluence Energy class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Fluence Energy class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Fluence Energy class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.