Weekly Investment Analysts’ Ratings Updates for FuelCell Energy (FCEL)

A number of firms have modified their ratings and price targets on shares of FuelCell Energy (NASDAQ: FCEL) recently:

• 9/24/2026 – FuelCell Energy is now covered by Barclays PLC. They set an “equal weight” rating and a $20.00 price target on the stock.
• 9/19/2026 – FuelCell Energy was downgraded by Wall Street Zen from “sell” to “strong sell”.
• 9/15/2026 – FuelCell Energy is now covered by Citigroup Inc.. They set a “neutral” rating and a $19.00 price target on the stock.
• 9/9/2026 – FuelCell Energy is now covered by Craig Hallum. They set a “buy” rating and a $22.00 price target on the stock.
• 9/8/2026 – FuelCell Energy had its “sector weight” rating reaffirmed by KeyCorp.
• 9/3/2026 – FuelCell Energy had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $20.00 price target on the stock, down from $24.00.
• 9/3/2026 – FuelCell Energy had its “buy” rating reaffirmed by Canaccord Genuity Group Inc.. They now have a $30.00 price target on the stock.
• 8/17/2026 – FuelCell Energy had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 8/9/2026 – FuelCell Energy was downgraded by Wall Street Zen from “hold” to “sell”.
• 8/1/2026 – FuelCell Energy was upgraded by Wall Street Zen from “sell” to “hold”.

Insider Activity at FuelCell Energy

In related news, EVP Shankar Achanta sold 2,500 shares of the firm’s stock in a transaction that occurred 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 owned 2,618 shares in the company, valued at $75,162.78. This trade represents a 48.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Homer Livingston, III purchased 16,404 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was bought at an average cost of $15.05 per share, for a total transaction of $246,880.20. Following the purchase, the director owned 42,747 shares in the company, valued at $643,342.35. This represents a 62.27% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 5.46% of the company’s stock.

FuelCell Energy, Inc is a clean energy technology company that develops, manufactures, operates and services stationary fuel cell power platforms. Its systems generate electricity through an electrochemical process, producing power with low emissions and without combustion. The company serves utilities, commercial and industrial customers, municipalities, universities and other organizations seeking distributed and resilient energy solutions.

The company’s offerings include its SureSource fuel cell platforms, which can be configured for applications such as on-site power generation, microgrids, combined heat and power, and grid-support services.