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Fuel Tech (FTEK)
NASDAQ:FTEK
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Fuel Tech (FTEK) Price & Analysis

428 Followers

FTEK Stock Chart & Stats

$1.43
-$0.02(-1.62%)
At close: 4:00 PM EDT
$1.43
-$0.02(-1.62%)

Bulls Say, Bears Say

Bulls Say
Low Leverage And LiquidityVery low leverage and substantial liquidity provide Fuel Tech with financial flexibility to fund research, demonstrations, and project execution without relying heavily on borrowing. This reduces balance-sheet risk and supports resilience while the company works to convert its commercial opportunities into sustainable earnings.
APC Backlog ExpansionThe sharp expansion in APC backlog improves forward revenue visibility and indicates stronger customer demand for Fuel Tech’s emissions-control solutions. Recognition of much of the backlog within 12 months could support continued growth and provide a foundation for scaling the business.
Broad Commercial GrowthGrowth across both major operating segments suggests that recent momentum is not dependent on a single product line. Rising FUEL CHEM and APC revenue, together with management’s expectation that 2026 revenue will exceed 2025, supports the potential for a broader and more durable commercial recovery.
Bears Say
Persistent Operating LossesFuel Tech has not yet demonstrated sustainable operating profitability despite recent revenue growth. Continued operating, net, and adjusted EBITDA losses consume financial resources and make future earnings power dependent on higher scale, improved execution, or successful commercialization of emerging opportunities.
Inconsistent Cash GenerationUneven cash generation weakens the quality and predictability of Fuel Tech’s financial performance. The return to cash outflows in the latest TTM period means that reported growth has not consistently translated into internally generated funding, increasing dependence on liquidity and successful project execution.
Margin And Execution PressureMargin compression can prevent revenue growth from translating into better earnings, particularly when project mix and execution costs weigh on APC profitability. If these pressures persist, Fuel Tech may need substantially greater volume or improved project discipline to reach sustainable operating leverage.

Fuel Tech News

FTEK FAQ

What was Fuel Tech’s price range in the past 12 months?
Fuel Tech lowest stock price was $1.17 and its highest was $3.09 in the past 12 months.
    What is Fuel Tech’s market cap?
    Fuel Tech’s market cap is $43.08M.
      When is Fuel Tech’s upcoming earnings report date?
      Fuel Tech’s upcoming earnings report date is Nov 10, 2026 which is in 19 days.
        How were Fuel Tech’s earnings last quarter?
        Fuel Tech released its earnings results on Aug 04, 2026. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of -$0.02 by -$0.02.
          Is Fuel Tech overvalued?
          According to Wall Street analysts Fuel Tech’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Fuel Tech pay dividends?
            Fuel Tech does not currently pay dividends.
            What is Fuel Tech’s EPS estimate?
            Fuel Tech’s EPS estimate is -0.01.
              How many shares outstanding does Fuel Tech have?
              Fuel Tech has 31,216,790 shares outstanding.
                What happened to Fuel Tech’s price movement after its last earnings report?
                Fuel Tech reported an EPS of -$0.04 in its last earnings report, missing expectations of -$0.02. Following the earnings report the stock price went down -5.229%.
                  Which hedge fund is a major shareholder of Fuel Tech?
                  Currently, no hedge funds are holding shares in FTEK
                  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

                    Company Description

                    Fuel Tech

                    Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology. This segment also offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. In addition, the company provides dissolved gas infusion systems, which utilize a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and visualization software. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois.

                    Fuel Tech (FTEK) Earnings & Revenues

                    FTEK Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presents a cautiously positive operational and commercial picture: revenues rose 17% with both segments growing, APC backlog approximately doubled and the company holds a strong cash position with no debt. Progress on DGI commercialization and a sizable data center pipeline are meaningful growth opportunities. However, margin contraction, increasing operating losses, and substantial timing and execution risk — particularly tied to large APC and data center awards and external constraints (power, permitting, supply chain) — temper near-term profitability visibility. Overall, the company appears financially stable and positioned for upside if key contracts and DGI conversions materialize, but near-term margin and timing risks remain.View all FTEK earnings summaries

                    FTEK Stock 12 Month Forecast

                    Average Price Target

                    $4.00
                    ▲(179.72% Upside)
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                    Ownership Overview

                    9.19%3.92%0.06%82.65%
                    0.06% Other Institutional Investors
                    82.65% Public Companies and
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