FuelCell Energy, Inc. (NASDAQ:FCEL) Stock Has Consensus Target Price of $21.80

FuelCell Energy, Inc. (NASDAQ:FCEL) has received an average rating of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $21.80.

Several research firms have recently weighed in on FCEL. TD Cowen reissued a “hold” rating and issued a $16.00 price target (up from $9.00) on shares of FuelCell Energy in a research note on Tuesday, June 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FuelCell Energy in a research report on Monday, August 17th. Wall Street Zen upgraded FuelCell Energy from a “strong sell” rating to a “sell” rating in a report on Saturday. Barclays started coverage on FuelCell Energy in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $20.00 price objective for the company. Finally, Jefferies Financial Group reissued a “buy” rating and set a $20.00 target price (down from $24.00) on shares of FuelCell Energy in a research note on Thursday, September 3rd.

Key FuelCell Energy News

Here are the key news stories impacting FuelCell Energy this week:

• Positive Sentiment: FuelCell Energy is participating in a broader rally among hydrogen and onsite-power stocks, with investors focusing on demand for distributed electricity generation from data centers. Bloom Energy also advanced, suggesting the move is partly sector-driven rather than company-specific. FuelCell Jumps 7%, Bloom Energy Climbs 3% as Hydrogen Stocks Rally
• Positive Sentiment: Oppenheimer’s positive view of FuelCell’s AI-power opportunity is supporting sentiment. The investment case depends on securing additional signed data-center orders and increasing factory output, which could improve the company’s economics over time. Oppenheimer backs FuelCell’s AI power bet
• Neutral Sentiment: FuelCell Energy has risen since its latest earnings report, but coverage indicates investors are awaiting clearer earnings-estimate revisions and evidence that the company can convert its growth opportunities into improving results. Analysts’ average rating remains “Hold.” Why Is FuelCell Energy Up Since Last Earnings Report?
• Negative Sentiment: Multiple law firms are publicizing a securities-fraud class action against FuelCell Energy and certain officers. The lawsuit alleges that investors were not adequately warned about risks surrounding the company’s agreement for up to 380 megawatts of fuel-cell power, including the possibility of missing contractual targets and incurring related charges. The allegations have not been proven, but the litigation creates reputational, financial, and investor-confidence risks; the lead-plaintiff deadline is November 10, 2026. FCEL Investors Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: The company’s most recent quarter showed a larger-than-expected loss and revenue below analyst expectations, reinforcing concerns about profitability and execution. FuelCell Energy remains unprofitable, making future orders, production scale, and contract performance important catalysts for the stock.

Insiders Place Their Bets

In other news, EVP Shankar Achanta sold 2,500 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $28.71, for a total transaction of $71,775.00. Following the completion of the transaction, the executive vice president directly owned 2,618 shares in the company, valued at approximately $75,162.78. This represents a 48.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Homer Livingston, III acquired 16,404 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average cost of $15.05 per share, with a total value of $246,880.20. Following the completion of the transaction, the director directly owned 42,747 shares in the company, valued at approximately $643,342.35. The trade was a 62.27% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 5.46% of the company’s stock.

Institutional Investors Weigh In On FuelCell Energy

A number of institutional investors have recently made changes to their positions in FCEL. State Street Corp raised its stake in shares of FuelCell Energy by 818.0% in the 2nd quarter. State Street Corp now owns 2,143,908 shares of the energy company’s stock valued at $77,202,000 after acquiring an additional 1,910,356 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of FuelCell Energy during the 2nd quarter worth approximately $510,000. Tidal Investments LLC boosted its position in shares of FuelCell Energy by 61.1% during the 2nd quarter. Tidal Investments LLC now owns 244,049 shares of the energy company’s stock worth $8,788,000 after purchasing an additional 92,572 shares during the period. IPG Investment Advisors LLC acquired a new stake in FuelCell Energy in the 2nd quarter valued at approximately $273,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in FuelCell Energy in the 2nd quarter valued at approximately $120,000. 42.78% of the stock is currently owned by institutional investors and hedge funds.

FuelCell Energy Stock Performance

NASDAQ:FCEL opened at $18.47 on Thursday. The company has a market cap of $1.48 billion, a P/E ratio of -5.38 and a beta of 2.46. FuelCell Energy has a twelve month low of $5.71 and a twelve month high of $37.88. The company’s 50-day moving average price is $18.43 and its 200-day moving average price is $17.16. The company has a current ratio of 8.67, a quick ratio of 7.77 and a debt-to-equity ratio of 0.15.

FuelCell Energy (NASDAQ:FCEL) last released its quarterly earnings data on Wednesday, September 2nd. The energy company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.23). FuelCell Energy had a negative net margin of 113.60% and a negative return on equity of 16.85%. The business had revenue of $33.00 million during the quarter, compared to analyst estimates of $38.79 million. On average, sell-side analysts forecast that FuelCell Energy will post -2.09 earnings per share for the current fiscal year.

About FuelCell Energy

FuelCell Energy, Inc develops and manufactures fuel cell platforms for distributed power generation, microgrids, and energy storage. Its systems generate electricity electrochemically from fuels such as natural gas, biogas, and hydrogen, with the potential for lower emissions than conventional combustion-based generation.

The company’s product portfolio includes carbonate fuel cell platforms, solid oxide fuel cell and electrolysis technologies, and solutions designed for hydrogen production, carbon capture, and long-duration energy storage.