FuelCell Energy (NASDAQ:FCEL) Shares Gap Up – Time to Buy?

Posted by Stanley Muller on Aug 13th, 2026

FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $19.83, but opened at $20.78. FuelCell Energy shares last traded at $20.0920, with a volume of 1,355,372 shares traded.

Trending Headlines about FuelCell Energy

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

Positive Sentiment: FuelCell Energy is benefiting from its data-center power strategy. A June agreement with Fit Energy covers up to 380 megawatts of fuel-cell systems, including an initial 30-megawatt phase, while a Siemens collaboration is exploring scalable, on-site fuel-cell power for data centers. FuelCell Energy jumps as data-center power narrative continues to drive buying interest
Positive Sentiment: A major contract awarded to Bloom Energy by AI-cloud company Nebius is lifting broader investor interest in fuel-cell providers, placing FCEL in the same data-center electrification theme even though the contract was not awarded to FuelCell Energy. Bloom Energy jumps as Nebius picks its fuel cells for an AI data center
Positive Sentiment: FuelCell Energy’s $49 million EXIM financing facility could support product deliveries, including exports to South Korea, improving funding for near-term project execution. Institutional positioning has also been supportive, with BlackRock, State Street and Geode among investors increasing holdings in recent filings.
Neutral Sentiment: Analyst views remain widely split: recent price targets range from $8 to $32, with a reported six-month median of $19. This indicates substantial disagreement over the company’s growth prospects and valuation.
Negative Sentiment: The rally remains speculative because there is no clearly identified fresh FCEL announcement tied to the latest move. FuelCell Energy also recently reported a quarterly loss and revenue below consensus, underscoring execution and profitability risks. Its carbon-capture technology may create additional value at fossil-fuel plants, but that opportunity remains a development story rather than a demonstrated earnings driver. Can FCEL boost returns from existing fossil-fuel plants?

Analysts Set New Price Targets

A number of research analysts have recently commented on FCEL shares. Wall Street Zen cut FuelCell Energy from a “hold” rating to a “sell” rating in a research report on Sunday. B. Riley Financial raised FuelCell Energy from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $13.00 to $32.00 in a report on Monday, June 29th. Jefferies Financial Group upgraded FuelCell Energy from a “hold” rating to a “buy” rating and boosted their price objective for the company from $16.00 to $24.00 in a research note on Friday, June 26th. TD Cowen reaffirmed 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. Finally, KeyCorp reiterated a “sector weight” rating on shares of FuelCell Energy in a research report on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $22.83.

View Our Latest Stock Report on FCEL

FuelCell Energy Trading Up 12.9%

The stock has a market cap of $1.73 billion, a PE ratio of -3.30 and a beta of 2.37. The firm has a 50-day simple moving average of $21.83 and a 200-day simple moving average of $14.69. The company has a quick ratio of 7.20, a current ratio of 8.59 and a debt-to-equity ratio of 0.18.

FuelCell Energy (NASDAQ:FCEL – Get Free Report) last posted its quarterly earnings results on Monday, June 8th. The energy company reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($1.05). FuelCell Energy had a negative return on equity of 15.90% and a negative net margin of 132.41%.The company had revenue of $35.59 million during the quarter, compared to the consensus estimate of $40.47 million. During the same period in the previous year, the business earned ($1.79) earnings per share. Equities analysts forecast that FuelCell Energy, Inc. will post -1.73 earnings per share for the current year.

Insider Buying and Selling

In other FuelCell Energy news, EVP Shankar Achanta sold 2,500 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $28.71, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.46% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On FuelCell Energy

A number of institutional investors and hedge funds have recently modified their holdings of FCEL. Kestra Advisory Services LLC bought a new position in shares of FuelCell Energy in the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd increased its holdings in FuelCell Energy by 1,316.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,618 shares of the energy company’s stock worth $59,000 after acquiring an additional 7,080 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new stake in FuelCell Energy during the 4th quarter worth approximately $78,000. Franklin Resources Inc. purchased a new stake in FuelCell Energy in the 4th quarter worth approximately $84,000. Finally, Optiver Holding B.V. purchased a new stake in FuelCell Energy in the 1st quarter worth approximately $88,000. 42.78% of the stock is owned by hedge funds and other 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.