FuelCell Energy Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for FuelCell Energy stock have an average target of 22.78, with a low estimate of 5.00 and a high estimate of 60. The average target predicts an increase of 118.62% from the current stock price of 10.42.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$22.78	$13.75	$60
Change	-52.02%	+118.62%	+31.96%	+475.82%

Analyst Ratings

The average analyst rating for FCEL stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	3	3	3	3	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	4	4	4	4	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Laurence Alexander Jefferies	Jefferies	Hold Maintains $15 → $8.4	Hold	Maintains	$15 → $8.4	-19.39%	Dec 20, 2024
George Gianarikas Canaccord Genuity	Canaccord Genuity	Hold Maintains $12	Hold	Maintains	$12	+15.16%	Dec 20, 2024
Manav Gupta UBS	UBS	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+31.96%	Dec 3, 2024
Praneeth Satish Wells Fargo	Wells Fargo	Sell Maintains $30 → $5	Sell	Maintains	$30 → $5	-52.02%	Nov 13, 2024
Jed Dorsheimer Canaccord Genuity	Canaccord Genuity	Hold Maintains $45 → $38	Hold	Maintains	$45 → $38	+259.88%	Sep 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

105.62M

from 123.39M

-14.40%

from 123.39M

Revenue Next Year

198.99M

from 105.62M

88.40%

from 105.62M

EPS This Year

-7.70

from -7.92

EPS Next Year

-5.60

from -7.70

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026
Revenue	60.75M	70.87M	69.59M	130.48M	123.39M	105.62M	198.99M	216.28M
Revenue Growth	-32.07%	16.66%	-1.81%	87.52%	-5.43%	-14.40%	88.40%	8.69%
EPS	-54.60	-12.60	-9.34	-11.43	-7.92	-7.70	-5.60	-4.10
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	10	10	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	116.6M	244.4M	311.9M
Avg	105.6M	199.0M	216.3M
Low	93.8M	170.7M	108.5M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-5.5%	131.4%	56.7%
Avg	-14.4%	88.4%	8.7%
Low	-24.0%	61.6%	-45.5%

EPS Forecast

EPS	2024	2025	2026
High	-7.25	-0.11	-2.63
Avg	-7.70	-5.60	-4.10
Low	-7.92	-7.06	-5.52

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.