Shares of FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $20.65, but opened at $19.03. FuelCell Energy shares last traded at $17.7430, with a volume of 2,374,685 shares changing hands.
Key FuelCell Energy News
Here are the key news stories impacting FuelCell Energy this week:
- Positive Sentiment: FuelCell Energy appointed Matthew Latino, formerly a senior finance executive at Xylem, as CFO while retaining longtime finance chief Michael Bishop as a senior advisor through the 2027 annual meeting. The company also reaffirmed its goal of achieving positive adjusted EBITDA in the fourth quarter of fiscal 2027, supported by anticipated production growth, backlog conversion, cost reductions, and demand from AI data centers. FuelCell Energy Announces Chief Financial Officer Transition
- Neutral Sentiment: An analysis said FuelCell Energy’s data-center commercial traction is improving, but profitability remains the key challenge. The company’s positive EBITDA target is contingent on execution, including manufacturing expansion, customer deliveries, backlog conversion, and cost-control efforts. FuelCell Energy: Data Center Traction Improves, But Profitability Remains The Problem
- Negative Sentiment: FuelCell Energy was caught in a broader selloff in fuel-cell and hydrogen stocks, with investors selling the group even after favorable research on peer Bloom Energy. The sector weakness added pressure to FCEL independently of company-specific developments. Fuel-cell and hydrogen stock selloff
- Negative Sentiment: Unusually heavy options activity saw traders acquire about 41,827 FCEL put options, roughly double typical volume, signaling heightened demand for downside protection or bearish speculation.
- Negative Sentiment: Several law firms publicized a securities class action tied to an alleged failure to disclose manufacturing problems involving the Fit Energy Phase 0 commitment. The allegations concern a $17 million charge after per-unit production costs exceeded contracted pricing; the November 10, 2026 lead-plaintiff deadline may keep litigation concerns in focus. FuelCell Energy securities lawsuit
- Negative Sentiment: EVP Shankar Achanta sold 2,500 shares at an average of $18.50, leaving only 118 shares directly owned. Although one insider sale is not conclusive, the substantial reduction in his position adds to cautious sentiment. FuelCell Energy insider sale SEC filing
Wall Street Analysts Forecast Growth
FCEL has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of FuelCell Energy from $6.00 to $8.00 and gave the stock an “underweight” rating in a research report on Tuesday, June 16th. Canaccord Genuity Group reissued a “buy” rating and issued a $30.00 price target on shares of FuelCell Energy in a research note on Thursday, September 3rd. Craig Hallum initiated coverage on shares of FuelCell Energy in a report on Wednesday, September 9th. They set a “buy” rating and a $22.00 price target for the company. B. Riley Financial raised shares of FuelCell Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $13.00 to $32.00 in a research report on Monday, June 29th. Finally, Wall Street Zen upgraded FuelCell Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, October 3rd. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $21.80.
FuelCell Energy Trading Down 6.0%
The company has a market cap of $1.38 billion, a PE ratio of -5.03 and a beta of 2.46. The company’s 50 day simple moving average is $18.26 and its two-hundred day simple moving average is $17.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 8.67 and a quick ratio of 7.77.
FuelCell Energy (NASDAQ:FCEL – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The energy company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.41) by ($0.23). The company had revenue of $33.00 million during the quarter, compared to analyst estimates of $38.79 million. FuelCell Energy had a negative return on equity of 16.85% and a negative net margin of 113.60%. As a group, sell-side analysts anticipate that FuelCell Energy, Inc. will post -2.09 EPS for the current fiscal year.
Insider Buying and Selling at FuelCell Energy
In related news, EVP Shankar Achanta sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $18.50, for a total value of $46,250.00. Following the sale, the executive vice president owned 118 shares of the company’s stock, valued at $2,183. This trade represents a 95.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 purchased at an average price of $15.05 per share, with a total value of $246,880.20. Following the purchase, the director directly owned 42,747 shares of the company’s stock, valued at $643,342.35. The trade was a 62.27% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 5.46% of the company’s stock.
Institutional Investors Weigh In On FuelCell Energy
A number of large investors have recently modified their holdings of the company. State Street Corp grew its stake in shares of FuelCell Energy by 818.0% during the second quarter. State Street Corp now owns 2,143,908 shares of the energy company’s stock worth $77,202,000 after purchasing an additional 1,910,356 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of FuelCell Energy during the 2nd quarter worth about $31,193,000. Dimensional Fund Advisors LP increased its holdings in shares of FuelCell Energy by 459.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 312,536 shares of the energy company’s stock valued at $2,040,000 after acquiring an additional 256,640 shares during the last quarter. Tidal Investments LLC raised 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 acquiring an additional 92,572 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of FuelCell Energy by 1,298.3% during the 1st quarter. Bank of America Corp DE now owns 190,724 shares of the energy company’s stock worth $1,245,000 after acquiring an additional 177,084 shares in the last quarter. 42.78% of the stock is owned by hedge funds and other institutional investors.
FuelCell Energy Company Profile
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.
Featured Stories
- Five stocks we like better than FuelCell Energy
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
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.
