Fuelcell Energy (FCEL)
NASDAQ:FCEL
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FCEL Stock Chart & Stats
$7.25
-$1.22(-9.33%)
At close: 4:00 PM EST
$7.25
-$1.22(-9.33%)
Day’s Range― - ―
52-Week Range$3.78 - $27.69
Previous CloseN/A
Volume719.80K
Average Volume (3M)11.91M
Market Cap
$1.65B
Enterprise Value$848.21M
Total Cash (Recent Filing)$373.17M
Total Debt (Recent Filing)$159.70M
Price to Earnings (P/E)―
Beta0.86
Next Earnings
Sep 15, 2026EPS Estimate
-0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.57
Shares Outstanding67,608,170
10 Day Avg. Volume12,180,674
30 Day Avg. Volume11,909,418
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.32
Price to Sales (P/S)1.46
P/FCF Ratio-1.56
Enterprise Value/Market Cap0.51
Enterprise Value/Revenue5.05
Enterprise Value/Gross Profit-27.76
Enterprise Value/Ebitda-4.82
Forecast
1Y Price Target
$16.60Price Target Upside128.97% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)-2.69
Revenue Forecast (FY)$154.14M
Bulls Say, Bears Say
Bulls Say
Pipeline ExpansionA 4.0 GW submitted pipeline and 2x increase in average proposal size indicate meaningful, durable commercial demand from data centers. Larger, concentrated opportunities improve lifetime contract economics and justify scaled manufacturing and long-term sales efforts if conversion executes.
Strategic Data‑Center PactA structured, milestone‑driven deal with deposits and warrants ties customer economics to execution and provides staged de‑risking. This pact is a structural commercial win into data‑center power, offering repeatable deployment pathways and alignment that can accelerate contracted backlog growth.
Strong Liquidity PositionSubstantial cash plus recent ATM proceeds give the company runway to fund incremental Torrington capacity and project execution without immediate debt pressure. This liquidity supports disciplined scaling and reduces near‑term solvency risk while pipeline converts.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow indicate the business still depends on external financing or equity to fund operations and growth. Over months this pressure can force dilutive raises or constrain capex timing, weakening returns unless operating margins improve.
Weak ProfitabilityNegative gross profit and large TTM net losses show the company has not yet achieved scalable margins. Without consistent margin improvement, long‑term profitability targets (adjusted EBITDA positive at >100 MW) remain theoretical and shareholder dilution risk persists.
Backlog Decline & Timing RiskA shrinking backlog and protracted diligence for 100+ MW data‑center deals create conversion timing risk. Even with a large pipeline, slow contract conversion can delay revenue recognition and lengthen the time before manufacturing scale and margin targets are realized.
Fuelcell Energy News
FCEL FAQ
What was Fuelcell Energy’s price range in the past 12 months?
Fuelcell Energy lowest stock price was $3.78 and its highest was $27.69 in the past 12 months.
What is Fuelcell Energy’s market cap?
Fuelcell Energy’s market cap is $1.65B.
When is Fuelcell Energy’s upcoming earnings report date?
Fuelcell Energy’s upcoming earnings report date is Sep 15, 2026 which is in 83 days.
How were Fuelcell Energy’s earnings last quarter?
Fuelcell Energy released its earnings results on Jun 08, 2026. The company reported -$1.45 earnings per share for the quarter, missing the consensus estimate of -$0.52 by -$0.93.
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 -0.43.
How many shares outstanding does Fuelcell Energy have?
Fuelcell Energy has 67,608,170 shares outstanding.
What happened to Fuelcell Energy’s price movement after its last earnings report?
Fuelcell Energy reported an EPS of -$1.45 in its last earnings report, missing expectations of -$0.52. Following the earnings report the stock price went down -10.56%.
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
Neutral
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Analyst Consensus
Hold
Average Price Target:
$16.60 (128.97% Upside)
$16.60 (128.97% Upside)
Blogger Sentiment
Bearish
FCEL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 45.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 12.3%
Last 30 Days ▲ 12.3%
News Sentiment
Bullish
Bullish news 79%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
271.08%
12-Months-Change
Fundamentals
Return on Equity
-31.69%
Trailing 12-Months
Asset Growth
13.52%
Trailing 12-Months
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights meaningful commercial momentum (4 GW pipeline, 2x average proposal size), strategic product and manufacturing moves (12.5 MW block, plan to expand Torrington to 500 MW), strong liquidity (~$441M cash and recent ~$153M equity proceeds), and continued partnership progress (ExxonMobil carbon capture, Korea deliveries). These positives are tempered by a quarter-over-quarter revenue decline (-5%), a sizable non-cash $42.6M impairment tied to the Groton upgrade that drove sharply higher reported losses and elevated operating expenses, and a ~9.5% YoY decline in total backlog. Overall, the narrative emphasizes long-term opportunity and disciplined scaling despite near-term financial impact from the impairment and the timing uncertainty around large transactions.View all FCEL earnings summariesFCEL Stock 12 Month Forecast
Average Price Target
$16.60
▲(128.97% Upside)
Technical Analysis
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Ownership Overview
0.32% Insiders
6.68% Mutual Funds
3.92% Other Institutional Investors
77.33% Public Companies and Individual Investors