I believe $FLNC is undervalued relative to its true potential.

Signing two master service agreements (MSAs) with hyperscalers within just one quarter is no small feat.
Companies like Microsoft or Amazon do not sign “trial” contracts for a few MW just for fun.
When they engage in cooperation, it is usually a long-term strategy, large-scale, and with strong potential for expansion over time.
It’s true that the market is always cautious.
Investors want to wait for concrete figures: order value, official PO, revenue recognition timing… because there is still a risk that the contract may not meet expectations in scale.
But a company would not announce two consecutive hyperscaler MSAs and target orders in Q3 if there wasn’t a high level of certainty behind it.
More noteworthy is the systemic aspect: when Fluence’s BESS solution begins to be standardized for data center infrastructure, winning multiple contracts in one quarter could be an early signal of the next wave.
Once a hyperscaler successfully deploys, others are likely to follow suit to ensure power capacity and optimize costs.
In the context of nearly 28% short interest, pressure could quickly reverse if there is confirmation of a large order.
Before the earnings season, short sellers probably aren’t too comfortable as the “short squeeze” risk remains hanging overhead.
The most interesting scenario?
If a name like Google (GOOGL) signs a large-scale contract for energy storage systems serving AI and data centers, this could be a catalyst for a long-term growth cycle.