Fluence Energy keeps surging after hyperscaler supply agreements outweigh soft quarter
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Fluence Energy is experiencing a surge in premarket trading following the announcement of new master supply agreements with two major hyperscalers, despite reporting disappointing Q2 results. CEO Julian Nebreda highlighted a 12 gigawatt pipeline linked to data center projects. Analysts from JPMorgan, Canaccord, Jefferies, Goldman Sachs, and Roth Capital have raised their price targets for Fluence, indicating a shift in sentiment after the unexpected hyperscaler announcement.
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