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FCEL

FuelCell Energy, Inc.

Industrials · USD

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Price alert · FCEL

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11.22 USD -0.96 -7.88%
As of Oct 30, 2026 Extended hours 11.22 0.00%
Bid
11.21 × 1
Ask
11.22 × 1
10.59 Day range 11.46
6.00 52-week range 36.01
YTD
+53.49%
1 year
+45.15%
Open
11.20
Prev close
12.18
Mkt cap
897.09M
Vol
5.09M
Avg vol
7.25M
EPS
-2.76
P/E
0.00
Div yield
0.00%
More statistics
Low
10.59
High
11.46
Forward P/E
-12.93
Beta
2.46
Short ratio
3.65
Inst. own
58.10%
Dividend
0.00
Ex-div date
Earnings
Dec 17, 2026
50-d avg
17.34
200-d avg
14.77
1y target
21.10

3M chart

Chart tools
Interval
FCEL three-month price chart10.514.318.121.925.7Jul 31Aug 19Sep 8Sep 24Oct 13Oct 30

Key statistics

Market cap
1.06B
Enterprise value
567.22M
Trailing P/E
0.00
Forward P/E
-12.93
PEG ratio
0.36
Price / sales
6.85
Price / book
1.08
EPS (TTM)
-2.76
Beta
2.46
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-113.60%
Revenue (TTM)
154.14M
Revenue growth
-29.40%
Free cash flow
-12.16M
Total cash
658.08M
Total debt
166.23M
Return on equity
-21.38%
Shares outstanding
79.95M
Short % of float
30.64%
50-day average
17.34
200-day average
14.77

Analyst view

Consensus: buy

Buy
Price target (mean) 21.10 +88.1% upside
Target (low)
8.00
Target (mean)
21.10
Target (high)
32.00
Ratings (0m) 11 6 buy · 3 hold · 2 sell
  • Strong buy0
  • Buy6
  • Hold3
  • Sell1
  • Strong sell1

Next earnings

Dec 17, 2026

Expected Dec 17, 2026. Consensus EPS estimate -0.34819.

Earnings history

Financials — quick view

All financials
FCEL Revenue — quarterly 33.00M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
FCEL Net income — quarterly -44.47M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
FCEL EPS — quarterly -0.64
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026

Earnings

FCEL recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Dec 17, 2026Oct 31, 2026-0.39387———
Sep 2, 2026Jul 31, 2026-0.4126-0.64-0.23-55.11%
Jun 8, 2026Apr 30, 2026-0.51957-0.53-0.01-2.01%
Mar 9, 2026Jan 31, 2026-0.68-0.52+0.16+23.53%
Dec 18, 2025Oct 31, 2025-0.97-0.83+0.14+14.43%
Sep 9, 2025Jul 31, 2025-1.44-3.78-2.34-162.09%

Upgrades / downgrades

FCEL analyst upgrades and downgrades
DateFirmActionFromTo
Sep 29, 2026Oppenheimerinit—Outperform
Sep 24, 2026Barclaysinit—Equal-Weight
Sep 15, 2026Citigroupinit—Neutral
Sep 8, 2026JefferiesmainBuyBuy
Sep 3, 2026Canaccord GenuitymainBuyBuy
Jul 14, 2026UBSupNeutralBuy

About FuelCell Energy, Inc.

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen. It also offers carbonate fuel cell products in various configurations and applications of its platform, including on-site power, grid support, and microgrid; carbon capture, recovery, and utilization technologies; and carbonate-based Tri-gen system that produces zero-carbon hydrogen. In addition, the company sells electricity, heat, steam, capacity, and renewable energy credits. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services for fuel cell projects. It serves utilities and independent power producers, data centers, wastewater treatment, commercial and hospitality, and microgrids; and industrial, commercial, municipal, and government customers, including manufacturing facilities, pharmaceutical processing facilities, universities, and healthcare facilities. The company primarily operates in the United States, South Korea, Europe, and Canada. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

Sector
Industrials
Industry
Electrical Equipment & Parts
Country
United States

News

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Insider holders

FCEL insider holders
InsiderRelationLatest transactionDateShares held
ACHANTA SHANKARChief Technology OfficerSaleOct 5, 2026118
BINGHAM BETSY BDirectorConversion of Exercise of derivative securityApr 20, 202623,859
BISHOP MICHAEL SChief Financial OfficerConversion of Exercise of derivative securityDec 29, 202521,560
DOLGER JOSHUAGeneral CounselConversion of Exercise of derivative securityDec 29, 202511,743
FEASEL MARKOfficerConversion of Exercise of derivative securityDec 10, 20246,027
FEW JASON BChief Executive OfficerConversion of Exercise of derivative securityDec 29, 202571,648

Institution ownership

FCEL institution ownership
Holder% heldSharesValueReported
Blackrock Inc.5.39%4,311,57556.91MJun 29, 2026
Legal & General Group PLC3.03%2,419,64531.94MJun 29, 2026
Vanguard Capital Management LLC2.92%2,332,92430.79MJun 29, 2026
State Street Corporation2.68%2,143,90828.30MJun 29, 2026
Two Sigma Investments, LP2.58%2,061,35327.21MJun 29, 2026
Geode Capital Management, LLC1.76%1,408,58018.59MJun 29, 2026

Fund ownership

FCEL fund ownership
Holder% heldSharesValueReported
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund2.09%1,670,95422.06MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF1.74%1,391,92418.37MAug 30, 2026
Manager Directed Portfolios-Hood River Small-Cap Growth Fund1.72%1,375,14318.15MJul 30, 2026
ADVISORS' INNER CIRCLE III-Strategas Macro Thematic Opportunities ETF0.97%779,40110.29MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund0.76%608,1418.03MJun 29, 2026
SPDR SERIES TRT-State Street SPDR S&P Kensho New Economies Composite E0.75%601,2957.94MSep 29, 2026
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