FuelCell Energy, Inc. (FCEL)
NASDAQ: FCEL · Real-Time Price · USD
16.57
-1.19 (-6.70%)
At close: Sep 9, 2026, 4:00 PM EDT
16.71
+0.14 (0.84%)
After-hours: Sep 9, 2026, 7:58 PM EDT

FuelCell Energy Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, FuelCell Energy stock has a consensus rating of "Buy" and an average price target of $20.5. The average 1-year stock price forecast is 23.72% higher than the current stock price, while the lowest is $8.00 (-51.72%) and the highest is $32 (+93.12%).

Price Target: $20.5 (+23.72%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$8.00$20.5$21$32
Change-51.72%+23.72%+26.74%+93.12%

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 Buy003444
Buy000000
Hold663222
Sell111111
Strong Sell111111
Total888888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Craig-Hallum
Craig-Hallum
Buy
Initiates
$22
BuyInitiates$22+32.77%Sep 9, 2026
Jefferies
Jefferies
Buy
Reiterates
$20
BuyReiterates$20+20.70%Sep 8, 2026
Wells Fargo
Wells Fargo
Sell
Maintains
$8
SellMaintains$8-51.72%Sep 8, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 8, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$30
BuyMaintains$30+81.05%Sep 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
146.87M
from 158.16M
Decreased by -7.14%
Revenue Next Year
239.67M
from 146.87M
Increased by 63.18%
EPS This Year
-2.43
from -7.40
EPS Next Year
-0.98
from -2.43
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 31, 2021Oct 31, 2022Oct 31, 2023Oct 31, 2024Oct 31, 2025Oct 31, 2026
Revenue
69.59M130.48M123.39M112.13M158.16M146.87M
Revenue Growth
-1.82%87.52%-5.43%-9.13%41.05%-7.14%
Operating Income
-59.88M-141.94M-133.71M-154.66M-121.23M-157.08M
Net Income
-101.06M-142.72M-107.57M-126.01M-187.90M-179.36M
EPS
-----7.40-2.43
Free Cash Flow
-112.15M-92.05M-160.22M-178.92M-44.37M-134.41M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High151.0M
Avg146.9M
Low139.7M

Revenue Growth

Revenue Growth202620272028
High
-4.5%
Avg
-7.1%
Low
-11.7%

EPS Forecast

EPS202620272028
High-1.93
Avg-2.43
Low-2.93

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-