Shares of FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report) saw an uptick in trading volume on Monday . 4,207,351 shares were traded during trading, a decline of 12% from the previous session’s volume of 4,772,576 shares.The stock last traded at $17.6740 and had previously closed at $17.33.
FuelCell Energy News Roundup
Here are the key news stories impacting FuelCell Energy this week:
- Positive Sentiment: FuelCell Energy said data centers now account for nearly 90% of its pipeline, with the company highlighting strong AI-related power demand and a 4 GW sales pipeline that supports its growth strategy. Article
- Positive Sentiment: The company also advanced its data center power strategy and reported a larger backlog and pipeline tied to electricity demand from AI infrastructure, which helped fuel optimism despite the weak quarter. Article
- Neutral Sentiment: Several reports noted that the stock had already rallied sharply this year on AI-fueled expectations, suggesting the latest move may reflect investors rebalancing near-term losses against a strong thematic growth story. Article
- Negative Sentiment: FCEL missed second-quarter expectations, posting a larger loss per share than analysts expected and revenue below estimates, which pressured sentiment around near-term fundamentals. Article
- Negative Sentiment: The quarter also included a widening net loss and a large impairment charge, reinforcing concerns that profitability remains distant even as the company expands capacity. Article
Wall Street Analyst Weigh In
A number of brokerages have issued reports on FCEL. Weiss Ratings upgraded FuelCell Energy from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 20th. Wells Fargo & Company dropped their price target on FuelCell Energy from $7.00 to $6.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group set a $7.20 price objective on FuelCell Energy and gave the company a “hold” rating in a research report on Tuesday, March 10th. Seven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $8.24.
FuelCell Energy Stock Performance
The company has a quick ratio of 6.51, a current ratio of 7.96 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $813.42 million, a P/E ratio of -2.22 and a beta of 2.42. The stock has a fifty day moving average of $13.92 and a 200-day moving average of $9.93.
FuelCell Energy (NASDAQ:FCEL – Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The energy company reported ($0.52) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.16. FuelCell Energy had a negative return on equity of 17.76% and a negative net margin of 107.51%.The business had revenue of $30.53 million during the quarter, compared to the consensus estimate of $42.22 million. On average, research analysts anticipate that FuelCell Energy, Inc. will post -2.22 EPS for the current year.
Hedge Funds Weigh In On FuelCell Energy
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in FuelCell Energy by 31,021.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 147,516 shares of the energy company’s stock valued at $1,078,000 after buying an additional 147,042 shares during the period. GSA Capital Partners LLP bought a new stake in FuelCell Energy in the third quarter valued at approximately $944,000. Northwestern Mutual Wealth Management Co. raised its stake in FuelCell Energy by 1,173,840.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 234,788 shares of the energy company’s stock valued at $1,716,000 after buying an additional 234,768 shares during the period. CenterBook Partners LP bought a new stake in FuelCell Energy in the fourth quarter valued at approximately $9,348,000. Finally, Legal & General Group Plc bought a new stake in FuelCell Energy in the fourth quarter valued at approximately $21,149,000. 42.78% of the stock is owned by institutional investors.
FuelCell Energy Company Profile
FuelCell Energy, Inc (NASDAQ: FCEL) is a publicly traded company that designs, manufactures and operates turnkey molten carbonate fuel cell power plants. These stationary, on-site energy solutions generate electricity and heat through an electrochemical process that combines natural gas or biogas with oxygen, producing power with lower greenhouse gas emissions than traditional fossil fuel-based generation. The company’s fuel cell technology is engineered for continuous, baseload operation and can be integrated into microgrid architectures and industrial power systems to provide reliable, around-the-clock energy.
The company’s core product suite, marketed under the SureSource brand, encompasses both power generation and integrated carbon capture or hydrogen production capabilities.
Further Reading
- Five stocks we like better than FuelCell Energy
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
- 3 Multi-Metal Stocks for Income and Long-Term Growth
- Nebius Is Up Nearly 175% This Year—Here’s What’s Driving the Latest Run
Receive News & Ratings for FuelCell Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FuelCell Energy and related companies with MarketBeat.com's FREE daily email newsletter.
