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FCEL Stock Chart & Stats
$19.29
$0.31(1.46%)
At close: 4:00 PM EDT
$19.29
$0.31(1.46%)
Day’s Range― - ―
52-Week Range$5.71 - $37.88
Previous CloseN/A
Volume3.56M
Average Volume (3M)6.56M
Market Cap
$1.03B
Enterprise Value$1.07B
Total Cash (Recent Filing)$658.08M
Total Debt (Recent Filing)$178.66M
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Dec 22, 2026EPS Estimate
-0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.43
Shares Outstanding79,954,190
10 Day Avg. Volume8,446,536
30 Day Avg. Volume6,560,968
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)0.32
Price to Sales (P/S)1.46
P/FCF Ratio-1.56
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue6.96
Enterprise Value/Gross Profit-21.48
Enterprise Value/Ebitda-8.28
Forecast
1Y Price Target
$20.17Price Target Upside4.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)-2.83
Revenue Forecast (FY)$147.84M
Bulls Say, Bears Say
Bulls Say
Data-center Market EntryData-center demand can broaden FCEL’s addressable market beyond existing projects, while the initial 30-MW commitment provides a concrete commercial entry point. If deliveries and follow-on phases convert, this channel could support larger deployments and improve manufacturing utilization over several quarters.
Liquidity And Manageable Corporate DebtCash of $737.3 million and no corporate convertible or high-yield debt give FCEL funding flexibility while it expands production and develops projects. This liquidity reduces immediate reliance on corporate borrowing and provides capacity to absorb investment needs while pursuing eventual self-funded operations.
Manufacturing Capacity ExpansionA funded expansion from current output toward 500 MW of annual capacity could let FCEL address larger commercial opportunities and capture operating leverage as volumes rise. Greater internal capacity also supports broader deployments without requiring an equivalent increase in external manufacturing arrangements.
Bears Say
Deeply Negative ProfitabilityThe deeply negative gross, operating, and net margins show that FCEL’s current revenue base does not cover production and operating costs. Persistent losses weaken earnings quality, make growth capital-intensive, and leave the company dependent on successful pricing, cost reductions, and higher volumes.
Ongoing Cash ConsumptionNegative operating and free cash flow indicate that FCEL is not yet funding its activities internally, despite its liquidity position. Continued cash consumption can constrain investment choices and increase dependence on financing or asset-level funding until margins and operating efficiency improve.
Backlog Conversion UncertaintyA substantial portion of reported capacity awards may not become committed backlog or revenue, so headline commercial demand does not yet provide equivalent revenue visibility. Conversion depends on definitive agreements and customer actions, creating execution uncertainty around production planning and profitability targets.
FCEL FAQ
What was Fuelcell Energy’s price range in the past 12 months?
Fuelcell Energy lowest stock price was $5.71 and its highest was $37.88 in the past 12 months.
What is Fuelcell Energy’s market cap?
Fuelcell Energy’s market cap is $1.03B.
When is Fuelcell Energy’s upcoming earnings report date?
Fuelcell Energy’s upcoming earnings report date is Dec 22, 2026 which is in 63 days.
How were Fuelcell Energy’s earnings last quarter?
Fuelcell Energy released its earnings results on Sep 02, 2026. The company reported -$0.64 earnings per share for the quarter, missing the consensus estimate of -$0.413 by -$0.227.
Is Fuelcell Energy overvalued?
According to Wall Street analysts Fuelcell Energy’s price is currently Undervalued.
Does Fuelcell Energy pay dividends?
Fuelcell Energy does not currently pay dividends.
What is Fuelcell Energy’s EPS estimate?
Fuelcell Energy’s EPS estimate is -0.39.
How many shares outstanding does Fuelcell Energy have?
Fuelcell Energy has 79,954,190 shares outstanding.
What happened to Fuelcell Energy’s price movement after its last earnings report?
Fuelcell Energy reported an EPS of -$0.64 in its last earnings report, missing expectations of -$0.413. Following the earnings report the stock price went down -15.691%.
Which hedge fund is a major shareholder of Fuelcell Energy?
Currently, no hedge funds are holding shares in FCEL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Fuelcell Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.17 (4.54% Upside)
$20.17 (4.54% Upside)
Blogger Sentiment
Neutral
FCEL Sentiment 59%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $494.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.00%
12-Months-Change
Fundamentals
Return on Equity
-22.15%
Trailing 12-Months
Asset Growth
57.87%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Fuelcell Energy
FuelCell Energy, Inc., alongside its subsidiaries, is involved in the complete lifecycle of stationary fuel cell power plants, covering their design, manufacturing, sales, installation, continuous operation, and servicing. These systems are developed for decentralized, consistent baseload electricity generation. The company offers a range of SureSource platforms: the 1.4-megawatt (MW) SureSource 1500, the 2.8 MW SureSource 3000, the 3.7 MW SureSource 4000, the 250-kilowatt (kW) SureSource 250, and the 400 kW SureSource 400. A prominent product is the 2.3 MW SureSource Hydrogen platform, engineered to produce up to 1,200 kilograms of hydrogen daily, serving applications in multi-megawatt utilities, microgrids, distributed hydrogen, and on-site heating and cooling. Furthermore, FuelCell Energy provides the SureSource Capture system, designed to separate and concentrate carbon dioxide from the flue gases emitted by natural gas, biomass, or coal-fired power plants, as well as industrial facilities. Their technological capabilities also include solid oxide fuel cell and solid oxide electrolysis cell stack technologies. The SureSource power plants fundamentally generate clean electricity, useful thermal energy, water, and hydrogen. The company's service portfolio is extensive, featuring engineering, procurement, and construction (EPC) services, along with project financing. Post-installation support includes real-time monitoring, remote operational management, an online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment or recycling services. Technical support is also available for optimizing plant operation, performance, and fuel processing. FuelCell Energy serves a diverse clientele across various markets, including public utilities and independent power producers, industrial and process applications, educational and healthcare facilities, data centers and communication networks, wastewater treatment plants, government entities, microgrid developers, the food and beverage industry, and the commercial and hospitality sectors. The company's primary operational regions encompass the United States, South Korea, England, Germany, and Switzerland. Founded in 1969, FuelCell Energy, Inc. is headquartered in Danbury, Connecticut.
FCEL Company Deck
FCEL Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong commercial momentum, including the first data center order, a $3.6 billion committed and awarded capacity backlog, a 10-gigawatt proposal pipeline, manufacturing expansion, a strong cash position, and technology partnerships with ExxonMobil and Siemens. However, the quarter also showed a 29% revenue decline, a substantially larger gross loss, negative adjusted EBITDA, low production volumes, and material Fit Energy-related charges. The strategic and commercial highlights outweighed the reported-quarter financial challenges, although several growth and profitability milestones remain dependent on execution and customer elections.View all FCEL earnings summariesFCEL Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$20.17
▲(4.54% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.29% Insiders
5.69% Mutual Funds
0.09% Other Institutional Investors
78.45% Public Companies and Individual Investors











