LIVE

FCEL

FuelCell Energy, Inc.

FCEL

NASDAQ·Industrials·Electrical Equipment & Parts·Mkt cap $1.7B

$28.11

▼ -11.85%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$3.78 - $37.88

P/E

-4.07

Fwd P/E

-19.37

Beta

2.44

Div Yield

0.00%

Avg Vol

9.7M

Shares Out

53.0M

Mkt Cap

$1.7B

Price action

Price chart

Up 499.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

Strong growth ahead

Global decarbonization trends

Value

Deep value opportunity - significant discount to sector peers

Momentum

Hot

+383.2% over 3m

Quality

Loss-making

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

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

Next: Sep 8, 2026

“
Q2 26 RECAP

JUN 8, 2026

Reported EPS of -$0.53 vs -$0.52 consensus (-2.0% surprise). Revenue of $35.6M vs $40.5M expected (-12.1%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-2.0%

Next: Sep 8, 2026

Revenue trend · last 8Q

—

—

—

+14%

+67%

+97%

+12%

+61%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$22.4M

$23.7M

$49.3M

$19.0M

$37.4M

$46.7M

$55.0M

$30.5M

Margins · last 8Q

Gross

-19.2%

Operating

-86.1%

Profit

-77.5%

View full earnings history →

Wall Street consensus

6 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

33%

Hold

3

50%

Sell

1

17%

Median Price Target

—

Latest: B. Riley · Jun 29, 2026

View full analyst page →

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.