FuelCell Energy, Inc. (FCEL)

FuelCell Energy Stock Forecast

Stock Price Forecast

The 6 analysts that cover FuelCell Energy stock have a consensus rating of "Hold" and an average price target of $14.11, which forecasts a 164.23% increase in the stock price over the next year. The lowest target is $5 and the highest is $37.5.

Price Target: $14.11 (+164.23%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$14.11	$12	$37.5
Change	-6.37%	+164.23%	+124.72%	+602.25%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	5	5	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	6	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 $9 → $8	Hold	Maintains	$9 → $8	+49.81%	Jun 13, 2025
Christopher Souther B. Riley Securities	B. Riley Securities	Hold Maintains $12 → $9	Hold	Maintains	$12 → $9	+68.54%	Mar 12, 2025
Laurence Alexander Jefferies	Jefferies	Hold Maintains $15 → $8.4	Hold	Maintains	$15 → $8.4	+57.30%	Dec 20, 2024
George Gianarikas Canaccord Genuity	Canaccord Genuity	Hold Maintains $12	Hold	Maintains	$12	+124.72%	Dec 20, 2024
Manav Gupta UBS	UBS	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+157.49%	Dec 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

157.34M

Increased by 40.32%

from 112.13M

Revenue Next Year

214.25M

Increased by 36.17%

from 157.34M

EPS This Year

-6.00

from -7.83

EPS Next Year

-4.94

from -6.00

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	157.34M	214.25M	316.02M
Revenue Growth	16.66%	-1.82%	87.52%	-5.43%	-9.13%	40.32%	36.17%	47.50%
EPS	-12.60	-9.34	-11.43	-7.92	-7.83	-6.00	-4.94	-2.95
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	10	10	7

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	175.4M	292.3M	380.5M
Avg	157.3M	214.3M	316.0M
Low	140.5M	162.8M	273.4M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	56.4%	85.8%	77.6%
Avg	40.3%	36.2%	47.5%
Low	25.3%	3.5%	27.6%

EPS Forecast

EPS	2025	2026	2027
High	-5.35	-4.32	-1.54
Avg	-6.00	-4.94	-2.95
Low	-6.28	-5.99	-3.68

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.