FuelCell Energy, Inc. (FCEL)

NASDAQ: FCEL · Real-Time Price · USD
8.26
+0.30 (3.77%)
At close: Nov 20, 2024, 4:00 PM
8.28
+0.02 (0.24%)
After-hours: Nov 20, 2024, 7:51 PM EST
3.77%
Market Cap 168.31M
Revenue (ttm) 85.27M
Net Income (ttm) -118.16M
Shares Out 20.38M
EPS (ttm) -7.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 978,134
Open 8.01
Previous Close 7.96
Day's Range 7.65 - 8.31
52-Week Range 5.45 - 55.20
Beta 3.88
Analysts Hold
Price Target 29.38 (+255.69%)
Earnings Date Dec 17, 2024

About FCEL

FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. It also offers technology to p... [Read more]

Sector Industrials
IPO Date Jun 25, 1992
Employees 591
Stock Exchange NASDAQ
Ticker Symbol FCEL
Full Company Profile

Financial Performance

In 2023, FuelCell Energy's revenue was $123.39 million, a decrease of -5.43% compared to the previous year's $130.48 million. Losses were -$110.77 million, -24.09% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FCEL stock is "Hold." The 12-month stock price forecast is $29.38, which is an increase of 255.69% from the latest price.

Price Target
$29.38
(255.69% upside)
Analyst Consensus: Hold
Stock Forecasts

News

FuelCell Energy to cut 17% of its staff as part of a global restructuring plan

FuelCell Energy's stock extend rocket-like bounce after restructuring plan announced that includes a 17% workforce reduction.

5 days ago - Market Watch

FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth

DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly re...

5 days ago - GlobeNewsWire

FuelCell Energy Announces 1-For-30 Reverse Stock Split

DANBURY, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that a 1-for-30 reverse stock split of its issued and outstanding shares of common stock will bec...

13 days ago - GlobeNewsWire

FuelCell Energy Secures Project Financing from Export-Import Bank for Fuel Cell Projects with Gyeonggi Green Energy

DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it has closed on a project debt financing transaction with the Export-Import Bank of the Uni...

19 days ago - GlobeNewsWire

FuelCell Energy Preferreds: 13.5% Yield Supported By Persistent Common Shareholder Dilution

FuelCell Energy reported less-than-stellar Q3/FY2024 results, with negative gross margins and cash usage at all-time highs. However, FuelCell Energy managed to replenish its cash balances by aggressiv...

2 months ago - Seeking Alpha

FuelCell Energy, Inc. (FCEL) Q3 2024 Earnings Call Transcript

FuelCell Energy, Inc. (NASDAQ:FCEL) Q3 2024 Results Earnings Conference Call September 5, 2024 10:00 AM ET Company Participants Tom Gelston - Senior Executive Vice President, Finance and Investor Rel...

2 months ago - Seeking Alpha

FuelCell Energy Reports Third Quarter of Fiscal 2024 Results

(All comparisons are year-over-year unless otherwise noted) Revenue of $23.7 million compared to $25.5 million Gross loss of $(6.2) million compared to $(8.2) million Loss from operations of $(33.6) m...

2 months ago - GlobeNewsWire

FuelCell Energy Participates in Panel Discussion on Scaling Technologies in Hydrogen Production at Investing in Green Hydrogen 2024

DANBURY, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced its participation in a discussion on “Scaling Critical Technologies in Hydrogen Production” at Investi...

2 months ago - GlobeNewsWire

FuelCell Energy Announces Third Quarter of Fiscal 2024 Results Conference Call on September 5, 2024 at 10 A.M. Eastern Time

DANBURY, Conn., Aug. 27, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel c...

3 months ago - GlobeNewsWire

FuelCell Energy Announces Major Clean Fuel Fund Support for eFuel Projects in Canada

DANBURY, Conn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc., (Nasdaq: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management, announc...

3 months ago - GlobeNewsWire

FuelCell Energy to ask shareholders to vote on another reverse stock split

FuelCell Energy Inc. said Tuesday it will hold a special meeting of shareholders to ask them to vote on a proposal that will allow the fuel-cell technology company to enact a reverse stock split.

3 months ago - Market Watch

Global Solid Oxide Electrolyzer Cell (SOEC) Market Research 2024-2034 Featuring Elcogen, Nexceris, FuelCell Energy, Ceres, Haldor Topsoe, h2e Power, Mitsubishi, & Toshiba Among Others

Dublin, June 27, 2024 (GLOBE NEWSWIRE) -- The "Global Solid Oxide Electrolyzer Cell (SOEC) Market: Focus on Product Type, Application, and, Region - Analysis and Forecast, 2024-2034" report has been a...

5 months ago - GlobeNewsWire

FuelCell Energy to Help Power UConn's Innovation Drive Towards 2030 Carbon Neutrality with Solid Oxide Fuel Cells on Storrs Campus

STORRS, Conn. and DANBURY, Conn., June 25, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and the University of Connecticut (UConn) have announced that UConn will use FuelCell Energy's ...

5 months ago - GlobeNewsWire

FuelCell Energy: Relentless Dilution Bodes Well For Preferred Stockholders

FuelCell Energy reported uninspiring Q2/FY2024 results with negative gross margins and significant cash burn. With open market sales remaining the company's primary funding source, relentless dilution...

5 months ago - Seeking Alpha

FuelCell Energy, Inc. (FCEL) Q2 2024 Earnings Call Transcript

FuelCell Energy, Inc. (NASDAQ:FCEL) Q2 2024 Earnings Conference Call June 10, 2024 10:00 AM ET Company Participants Tom Gelston - Senior Executive Vice President, Finance & Investor Relations Jason F...

5 months ago - Seeking Alpha

FuelCell's stock gains after quarterly results beat expectations, but is still in delisting territory

Shares of FuelCell Energy Inc. FCEL, -5.52% got a 0.6% lift Monday after fuel cell technology company reported a narrower-than-expected fiscal second-quarter loss, as strength in its generation and ad...

5 months ago - Market Watch

FuelCell Energy Reports Second Quarter of Fiscal 2024 Results

Second Quarter Fiscal 2024 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 million Gross loss of $(7.1) million compared to $(6.1) milli...

5 months ago - GlobeNewsWire

FuelCell Energy and Gyeonggi Green Energy Announce Agreement for Purchase of Fuel Cell Modules and Service Agreement for World's Largest Fuel Cell Power Platform

DANBURY, Conn. and HWASEONG-SI, Korea, May 28, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Gyeonggi Green Energy Co., Ltd. (GGE), today announced that pursuant to a long term ser...

6 months ago - GlobeNewsWire

FuelCell Energy Announces Second Quarter of Fiscal 2024 Results Conference Call on June 10, 2024 at 10 A.M. Eastern Time

DANBURY, Conn., May 22, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel ce...

6 months ago - GlobeNewsWire

FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First "Tri-gen" Production System at the Port of Long Beach

LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (Toyota) are celebrating the grand opening of the first-of-its-kind “Tri-...

7 months ago - GlobeNewsWire

FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First 'Tri-gen' Production System at the Port of Long Beach

FuelCell Energy's Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable water Marks Toyota's first port vehicle processing facility in the world to be power...

Other symbols: TM
7 months ago - PRNewsWire

FuelCell Energy Innovators to Highlight Advanced Clean Technologies at CERAWeek 2024

DANBURY, Conn., March 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) is pleased to announce that Chief Technology Officer Tony Leo and Director of Solutions Engineering Brent Voelke...

8 months ago - GlobeNewsWire

FuelCell Energy's Revenue Drops More Than Expected

FuelCell Energy posts a narrower-than-expected fiscal first-quarter loss.

9 months ago - Barrons

FuelCell Energy Reports First Quarter of Fiscal 2024 Results

First Quarter Fiscal 2024 Financial Summary (All comparisons are year-over-year unless otherwise noted)

9 months ago - GlobeNewsWire

FuelCell Energy Announces First Quarter of Fiscal 2024 Results Conference Call on March 7, 2024 at 10 A.M. Eastern Time

DANBURY, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing ...

9 months ago - GlobeNewsWire