FuelCell Energy, Inc. (NASDAQ:FCEL) Stock Has Average Target Price of $21.80 According to Brokerages

Shares of FuelCell Energy, Inc. (NASDAQ:FCEL) have received an average recommendation of “Hold” from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $21.80.

FCEL has been the subject of a number of analyst reports. Wall Street Zen lowered FuelCell Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 17th. Jefferies Financial Group reissued a “buy” rating and set a $20.00 price target (down from $24.00) on shares of FuelCell Energy in a research report on Thursday, September 3rd. Citigroup started coverage on FuelCell Energy in a research report on Tuesday, September 15th. They issued a “neutral” rating and a $19.00 price objective for the company. UBS Group raised FuelCell Energy from a “neutral” rating to a “buy” rating and upped their price target for the company from $22.00 to $27.00 in a research note on Tuesday, July 14th. Finally, Barclays assumed coverage on FuelCell Energy in a report on Thursday, September 24th. They set an “equal weight” rating and a $20.00 price target for the company.

Key FuelCell Energy News

Here are the key news stories impacting FuelCell Energy this week:

• Positive Sentiment: FuelCell Energy appointed Peter Hopper to its board, adding more than 25 years of digital-infrastructure, data-center, investment and transaction experience. The company said the appointment supports its strategy of providing reliable power for artificial-intelligence and advanced-computing data centers, a potentially significant long-term growth market. FuelCell Energy Appoints Peter Hopper to Board of Directors
• Positive Sentiment: Fuel-cell stocks broadly rebounded as the sector’s post-earnings selloff continued to unwind. FuelCell Energy participated in that group move, suggesting some buying was driven by improving sentiment toward the industry rather than company-specific fundamentals. Fuel Cell Stocks Rally as Post-Earnings Selloff Keeps Unwinding
• Neutral Sentiment: Multiple law firms repeated notices that investors have until November 10, 2026 to seek lead-plaintiff status in a securities class action covering purchases from June 24 through September 1, 2026. The notices themselves do not establish liability, but they increase visibility around the case.
• Negative Sentiment: The litigation alleges FuelCell Energy failed to disclose that product costs and manufacturing overhead exceeded contractual pricing under its Fit Energy agreement, ultimately contributing to $17.0 million in charges. If proven, the allegations could create legal costs, financial exposure and additional reputational pressure. Levi & Korsinsky FuelCell Energy Securities Class Action Alert

FuelCell Energy Price Performance

NASDAQ:FCEL opened at $12.38 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 8.67 and a quick ratio of 7.77. The company has a 50 day moving average price of $16.23 and a 200-day moving average price of $14.84. FuelCell Energy has a 1-year low of $5.71 and a 1-year high of $37.88. The firm has a market cap of $989.83 million, a price-to-earnings ratio of -3.61 and a beta of 2.46.

FuelCell Energy (NASDAQ:FCEL) last announced its earnings results on Wednesday, September 2nd. The energy company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.23). The business had revenue of $33.00 million for the quarter, compared to analysts’ expectations of $38.79 million. FuelCell Energy had a negative net margin of 113.60% and a negative return on equity of 16.85%. Equities research analysts forecast that FuelCell Energy will post -2.09 EPS for the current year.

Insider Buying and Selling

In other news, Director Homer Livingston, III bought 16,404 shares of the business’s stock in a transaction on Monday, September 14th. The shares were bought at an average price of $15.05 per share, with a total value of $246,880.20. Following the completion of the transaction, the director directly owned 42,747 shares in the company, valued at $643,342.35. This trade represents a 62.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Shankar Achanta sold 2,500 shares of the company’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $18.50, for a total value of $46,250.00. Following the transaction, the executive vice president owned 118 shares in the company, valued at $2,183. This trade represents a 95.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.46% of the company’s stock.

Institutional Investors Weigh In On FuelCell Energy

Several institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp boosted its holdings in FuelCell Energy by 818.0% during the 2nd quarter. State Street Corp now owns 2,143,908 shares of the energy company’s stock valued at $77,202,000 after acquiring an additional 1,910,356 shares during the period. Baird Financial Group Inc. acquired a new stake in shares of FuelCell Energy during the second quarter worth about $31,193,000. Dimensional Fund Advisors LP lifted its position in shares of FuelCell Energy by 459.1% during the first quarter. Dimensional Fund Advisors LP now owns 312,536 shares of the energy company’s stock worth $2,040,000 after purchasing an additional 256,640 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in shares of FuelCell Energy in the third quarter valued at approximately $4,910,000. Finally, Tidal Investments LLC boosted its stake in shares of FuelCell Energy by 61.1% in the second quarter. Tidal Investments LLC now owns 244,049 shares of the energy company’s stock valued at $8,788,000 after purchasing an additional 92,572 shares during the period. Hedge funds and other institutional investors own 42.78% of the company’s stock.

FuelCell Energy Company Profile

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