FuelCell Energy (NASDAQ:FCEL) Shares Gap Up – Here’s Why

Posted by Brenda Bartman on Jul 20th, 2026

FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $18.50, but opened at $19.33. FuelCell Energy shares last traded at $19.3640, with a volume of 2,084,987 shares traded.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Jefferies Financial Group upgraded FuelCell Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $16.00 to $24.00 in a research report on Friday, June 26th. TD Cowen reissued a “hold” rating and set a $16.00 price objective (up from $9.00) on shares of FuelCell Energy in a report on Tuesday, June 9th. KeyCorp restated a “sector weight” rating on shares of FuelCell Energy in a research note on Tuesday, June 9th. Wells Fargo & Company lifted their target price on FuelCell Energy from $6.00 to $8.00 and gave the company an “underweight” rating in a report on Tuesday, June 16th. Finally, Wall Street Zen cut FuelCell Energy from a “hold” rating to a “sell” rating in a research report on Saturday, June 13th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, FuelCell Energy currently has an average rating of “Hold” and an average target price of $22.83.

Get Our Latest Stock Analysis on FCEL

FuelCell Energy Price Performance

The stock has a market capitalization of $1.31 billion, a PE ratio of -2.94 and a beta of 2.31. The business’s 50-day moving average price is $22.03 and its 200 day moving average price is $13.04. The company has a debt-to-equity ratio of 0.18, a quick ratio of 7.20 and a current ratio of 8.59.

FuelCell Energy (NASDAQ:FCEL – Get Free Report) last issued its quarterly earnings data on Monday, June 8th. The energy company reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($1.05). The business had revenue of $35.59 million during the quarter, compared to analysts’ expectations of $40.47 million. FuelCell Energy had a negative return on equity of 15.90% and a negative net margin of 132.41%.During the same quarter last year, the business posted ($1.79) EPS. Research analysts forecast that FuelCell Energy, Inc. will post -1.84 earnings per share for the current year.

Insider Buying and Selling at FuelCell Energy

In other news, EVP Shankar Achanta sold 2,500 shares of FuelCell Energy stock in a transaction dated 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 sale, the executive vice president owned 2,618 shares in the company, valued at approximately $75,162.78. This trade represents a 48.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.46% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Legal & General Group Plc purchased a new stake in FuelCell Energy in the fourth quarter valued at approximately $21,149,000. Invesco Ltd. grew its stake in FuelCell Energy by 75.4% in the 4th quarter. Invesco Ltd. now owns 1,505,430 shares of the energy company’s stock worth $11,005,000 after buying an additional 647,151 shares in the last quarter. CenterBook Partners LP bought a new position in shares of FuelCell Energy in the 4th quarter worth $9,348,000. Renaissance Technologies LLC increased its holdings in shares of FuelCell Energy by 14.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,219,600 shares of the energy company’s stock worth $8,915,000 after buying an additional 150,600 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of FuelCell Energy by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,073,609 shares of the energy company’s stock valued at $8,374,000 after buying an additional 23,981 shares in the last quarter. 42.78% of the stock is currently owned by institutional investors.

About FuelCell Energy

(Get Free Report)

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.