FuelCell Energy, Inc. (FCEL)

NASDAQ: FCEL · IEX Real-Time Price · USD
0.600
-0.011 (-1.72%)
At close: Jul 2, 2024, 4:00 PM
0.605
+0.005 (0.75%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-1.72%
Market Cap 298.23M
Revenue (ttm) 87.08M
Net Income (ttm) -109.78M
Shares Out 497.05M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 33,483,701
Open 0.612
Previous Close 0.611
Day's Range 0.595 - 0.628
52-Week Range 0.595 - 2.540
Beta 3.53
Analysts Hold
Price Target 1.50 (+150.0%)
Earnings Date Jun 10, 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, FCEL'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 3 analysts, the average rating for FCEL stock is "Hold." The 12-month stock price forecast is $1.5, which is an increase of 150.00% from the latest price.

Price Target
$1.5
(150.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 days 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 ...

7 days ago - GlobeNewsWire

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...

22 days 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...

22 days 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...

5 weeks 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...

5 weeks 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-...

2 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
2 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...

3 months ago - GlobeNewsWire

FuelCell Energy's Revenue Drops More Than Expected

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

4 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)

4 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 ...

4 months ago - GlobeNewsWire

FuelCell Energy Announces Release of Annual and Sustainability Reports Highlighting Business Performance and Progress Towards Sustainability and ESG Goals

DANBURY, Conn., Feb. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global energy delivery and emission management company, today announced the release of its 2023 Annual Report ...

4 months ago - GlobeNewsWire

FuelCell Energy Stock Falls as Revenue Drops 43%

FuelCell reports fiscal fourth-quarter revenue of $22.5 million, down from $39.2 million a year earlier.

7 months ago - Barrons

FuelCell's stock falls after revenue falls short of expectations

Shares of FuelCell Energy Inc. FCEL, -0.65% fell 2% in premarket trading Tuesday, after the fuel cell technology company reported fiscal fourth-quarter revenue that fell short of expectations, as prod...

7 months ago - Market Watch

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Fourth Quarter Fiscal 2023 Financial Highlights (All comparisons are year-over-year unless otherwise noted)

7 months ago - GlobeNewsWire

FuelCell Stock Soars After Exxon Mobil Tie-Up. How They Plan to Cut Carbon.

Exxon Mobil's affiliate, Esso Nederland BV, plans to build a pilot plant to test a type of technology that could reduce CO2 emissions.

Other symbols: XOM
7 months ago - Barrons

FuelCell Energy's stock surges after teaming with ExxonMobil on ‘game-changing' carbon-capture technology

Shares of FuelCell Energy Inc. FCEL, -1.28% shot up 16.2% toward a four-month high in premarket trading Monday, after the fuel cell technology company said ExxonMobil Corp.'s XOM, -0.67% affiliate in ...

Other symbols: XOM
7 months ago - Market Watch

ExxonMobil to Build CCS Pilot Plant with FuelCell Energy Using Carbonate Fuel Cell Technology

ROTTERDAM, Netherlands and DANBURY, Conn., Dec. 18, 2023 (GLOBE NEWSWIRE) -- ExxonMobil's affiliate Esso Nederland BV plans to build a pilot plant at its Rotterdam Manufacturing Complex to test a brea...

7 months ago - GlobeNewsWire

FuelCell Energy Closes Tax Equity Financings with Group 1001 and Franklin Park for Tri-gen Project and Derby, Connecticut, Fuel Cell Park

DANBURY, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has again demonstrated that it is leading the way in tax credit financing through its announcement today that it ...

7 months ago - GlobeNewsWire

IBM, FuelCell Energy to Use AI in Effort to Forge Longer-Life Fuel Cell Systems

ZURICH, Switzerland, Nov. 28, 2023 (GLOBE NEWSWIRE) -- IBM and FuelCell Energy, Inc. (Nasdaq: FCEL) today announced they will work together to boost the performance of FuelCell Energy's technology usi...

7 months ago - GlobeNewsWire

FuelCell Energy Delivers Fuel Cell Power to Derby as Part of Connecticut Clean Energy Initiatives

DANBURY, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), the Connecticut-based global leader in state-of-the-art fuel cell platforms, celebrated the opening of its newes...

8 months ago - GlobeNewsWire

FuelCell Energy Electrolyzer to be used in UK Hydrogen and Nuclear Study

DANBURY, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has been contracted by EDF Energy for a project exploring the viability of using hydrogen to decarbonize asphalt ...

9 months ago - GlobeNewsWire

FuelCell Posts Narrower-Than-Expected Loss but Revenue Slides 41%

FuelCell posts a fiscal third-quarter loss of 6 cents a share on revenue of $25.5 million.

10 months ago - Barrons

FuelCell Energy stock gains after reported losses were narrower than expected

Shares of FuelCell Energy Inc. FCEL, -1.37% rose 1.4% in premarket trading Monday, after the fuel cell technology company reported a fiscal third-quarter loss that was narrower than expected but reven...

10 months ago - Market Watch