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FCEL

FuelCell Energy, Inc.

FCEL

NASDAQ·Industrials·Electrical Equipment & Parts·Mkt cap $1.2B

$14.95

+1.91%

P/E

-4.36

Mkt Cap

$1.2B

52-Wk Range

$4.03–$37.88

52-Week Range

$4.03 - $37.88

P/E

-4.36

Fwd P/E

-5.34

Beta

2.35

Div Yield

0.00%

Avg Vol

11.3M

Shares Out

53.0M

Mkt Cap

$1.2B

Price action

Price chart

Up 254.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary fuel cell technology
  • Diverse clean energy portfolio
  • Carbon reduction capabilities
  • Scalable modular power platforms

Bear Case

1 risk

  • High volatility (beta 2.4). Larger-than-normal price swings expected.

Growth

Stable outlook

Global decarbonization trends

Value

Deep value opportunity - significant discount to sector peers

Momentum

Stable

-3.5% over 3m

Quality

Loss-making

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Q3 26 RECAP

SEP 2, 2026

Reported EPS of -$0.64 vs -$0.41 consensus (-55.1% surprise). Revenue of $33.0M vs $38.8M expected (-14.9%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-55.1%

Revenue trend · last 8Q

+14%

+67%

+97%

+12%

+61%

-5%

-29%

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

$49.3M

$19.0M

$37.4M

$46.7M

$55.0M

$30.5M

$35.6M

$33.0M

Margins · last 8Q

Gross

-74.3%

Operating

-141.4%

Profit

-137.2%

Wall Street consensus

11 analysts · 82% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

9

82%

Hold

1

9%

Sell

1

9%

Median Price Target

Latest: Jefferies · Sep 3, 2026

vs Industry

How FCEL stacks vs Electrical Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.