FuelCell Energy Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for FuelCell Energy stock have an average target of 14.28, with a low estimate of 5.00 and a high estimate of 37.5. The average target predicts an increase of 248.29% from the current stock price of 4.10.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$14.28	$12	$37.5
Change	+21.95%	+248.29%	+192.68%	+814.63%

* Price targets were last updated on Mar 12, 2025.

Analyst Ratings

The average analyst rating for FuelCell Energy 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	5	5	5	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	4	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Souther B. Riley Securities	B. Riley Securities	Hold Maintains $12 → $9	Hold	Maintains	$12 → $9	+119.51%	Mar 12, 2025
Laurence Alexander Jefferies	Jefferies	Hold Maintains $15 → $8.4	Hold	Maintains	$15 → $8.4	+104.88%	Dec 20, 2024
George Gianarikas Canaccord Genuity	Canaccord Genuity	Hold Maintains $12	Hold	Maintains	$12	+192.68%	Dec 20, 2024
Manav Gupta UBS	UBS	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+235.37%	Dec 3, 2024
Praneeth Satish Wells Fargo	Wells Fargo	Sell Maintains $30 → $5	Sell	Maintains	$30 → $5	+21.95%	Nov 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

160.01M

from 112.13M

42.70%

from 112.13M

Revenue Next Year

181.18M

from 160.01M

13.23%

from 160.01M

EPS This Year

-5.60

from -7.83

EPS Next Year

-4.95

from -5.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	70.87M	69.59M	130.48M	123.39M	112.13M	160.01M	181.18M	262.76M
Revenue Growth	16.66%	-1.82%	87.52%	-5.43%	-9.13%	42.70%	13.23%	45.03%
EPS	-12.60	-9.34	-11.43	-7.92	-7.83	-5.60	-4.95	-3.42
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	10	10	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	191.1M	236.3M	302.5M
Avg	160.0M	181.2M	262.8M
Low	123.9M	119.3M	228.3M

Revenue Growth

Revenue Growth	2025	2026	2027
High	70.4%	47.7%	67.0%
Avg	42.7%	13.2%	45.0%
Low	10.5%	-25.5%	26.0%

EPS Forecast

EPS	2025	2026	2027
High	-4.73	-4.25	-2.14
Avg	-5.60	-4.95	-3.42
Low	-6.29	-5.64	-4.75

EPS Growth

EPS Growth	2025	2026	2027
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.