FuelCell Energy, Inc. (FCEL)
NASDAQ: FCEL · Real-Time Price · USD
16.90
+0.76 (4.71%)
At close: Sep 29, 2026, 4:00 PM EDT
17.05
+0.15 (0.89%)
After-hours: Sep 29, 2026, 7:59 PM EDT

FuelCell Energy Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, FuelCell Energy stock has a consensus rating of "Buy" and an average price target of $20.33. The average 1-year stock price forecast is 20.30% higher than the current stock price, while the lowest is $8.00 (-52.66%) and the highest is $32 (+89.35%).

Price Target: $20.33 (+20.30%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$8.00$20.33$20$32
Change-52.66%+20.30%+18.34%+89.35%

Analyst Ratings

The average analyst rating for FuelCell Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy003445
Buy000000
Hold663223
Sell111111
Strong Sell111111
Total8888810

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Initiates
$20
HoldInitiates$20+18.34%Sep 24, 2026
Craig-Hallum
Craig-Hallum
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 17, 2026
Citi
Citi
Hold
Initiates
$19
HoldInitiates$19+12.43%Sep 15, 2026
Jefferies
Jefferies
Buy
Reiterates
$20
BuyReiterates$20+18.34%Sep 8, 2026
Wells Fargo
Wells Fargo
Sell
Maintains
$8
SellMaintains$8-52.66%Sep 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
146.56M
from 158.16M
Decreased by -7.33%
Revenue Next Year
242.94M
from 146.56M
Increased by 65.76%
EPS This Year
-2.17
from -7.40
EPS Next Year
-0.97
from -2.17
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 31, 2021Oct 31, 2022Oct 31, 2023Oct 31, 2024Oct 31, 2025Oct 31, 2026
Revenue
69.59M130.48M123.39M112.13M158.16M146.56M
Revenue Growth
-1.82%87.52%-5.43%-9.13%41.05%-7.33%
Operating Income
-59.88M-141.94M-133.71M-154.66M-121.23M-163.49M
Net Income
-101.06M-142.72M-107.57M-126.01M-187.90M-178.51M
EPS
-----7.40-2.17
Free Cash Flow
-----106.69M-134.41M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High151.0M
Avg146.6M
Low139.7M

Revenue Growth

Revenue Growth202620272028
High
-4.5%
Avg
-7.3%
Low
-11.7%

EPS Forecast

EPS202620272028
High-1.90
Avg-2.17
Low-2.93

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-