FuelCell Energy, Inc. (NASDAQ:FCEL) Given Average Recommendation of “Hold” by Brokerages

FuelCell Energy, Inc. (NASDAQ:FCEL) has earned an average recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $22.1429.

A number of analysts recently weighed in on FCEL shares. TD Cowen reiterated a “hold” rating and set a $16.00 price target (up from $9.00) on shares of FuelCell Energy in a research note on Tuesday, June 9th. UBS Group raised shares of FuelCell Energy from a “neutral” rating to a “buy” rating and upped their target price for the company from $22.00 to $27.00 in a report on Tuesday, July 14th. Wall Street Zen cut FuelCell Energy from a “hold” rating to a “sell” rating in a research report on Sunday, August 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of FuelCell Energy in a research note on Monday, August 17th. Finally, B. Riley Financial raised FuelCell Energy from a “neutral” rating to a “buy” rating and boosted their target price for the company from $13.00 to $32.00 in a report on Monday, June 29th.

FuelCell Energy Stock Up 1.9%

Shares of NASDAQ FCEL opened at $15.89 on Friday. The business has a 50-day moving average price of $19.93 and a 200 day moving average price of $16.22. The stock has a market cap of $1.27 billion, a PE ratio of -4.63 and a beta of 2.35. The company has a quick ratio of 7.77, a current ratio of 8.67 and a debt-to-equity ratio of 0.15. FuelCell Energy has a 52-week low of $5.71 and a 52-week high of $37.88.

FuelCell Energy (NASDAQ:FCEL) last issued its quarterly earnings data on Wednesday, September 2nd. The energy company reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.23). The firm had revenue of $33.00 million during 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 earnings per share for the current year.

Insiders Place Their Bets

In other FuelCell Energy news, EVP Shankar Achanta sold 2,500 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $28.71, for a total value of $71,775.00. Following the transaction, the executive vice president directly owned 2,618 shares of the company’s stock, valued at approximately $75,162.78. The trade was a 48.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.46% of the stock is currently owned by company insiders.

Institutional Trading of FuelCell Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Allworth Financial LP grew its holdings in FuelCell Energy by 444.4% during the 2nd quarter. Allworth Financial LP now owns 1,301 shares of the energy company’s stock valued at $47,000 after buying an additional 1,062 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of FuelCell Energy by 301.3% in the second quarter. NewEdge Advisors LLC now owns 1,605 shares of the energy company’s stock worth $58,000 after acquiring an additional 1,205 shares during the last quarter. Hollencrest Capital Management purchased a new stake in shares of FuelCell Energy in the second quarter valued at $90,000. Integrated Wealth Concepts LLC purchased a new stake in shares of FuelCell Energy in the second quarter valued at $120,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of FuelCell Energy during the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 42.78% of the company’s stock.

Key Stories Impacting FuelCell Energy

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

• Positive Sentiment: A rally in the fuel-cell sector lifted FuelCell Energy alongside Bloom Energy after Bloom was confirmed for inclusion in the S&P 500. The move appears to reflect increased investor interest in fuel-cell companies as potential beneficiaries of rising electricity demand from artificial-intelligence data centers. Bloom Energy Climbs 7% as Fuel Cell Bid Spreads Beyond Its S&P 500 Add
• Positive Sentiment: Craig-Hallum reportedly reinstated or began coverage of FuelCell Energy with a Buy rating, citing an emerging data-center opportunity. The endorsement provides a positive counterpoint to the company’s recent post-earnings selloff. FuelCell Energy Reinstated With Buy Rating at Craig-Hallum
• Neutral Sentiment: Analysts and investors continue comparing FuelCell Energy with Bloom Energy as both companies pursue opportunities tied to AI-related power demand. The comparison highlights long-term potential but does not provide a new contract or revenue commitment for FCEL. Bloom Energy vs. FuelCell Energy
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations and disclosures involving FuelCell Energy. These announcements increase headline and litigation risk, although they represent allegations and do not establish wrongdoing. FCEL Investor Alert: Kirby McInerney Investigation
• Negative Sentiment: Investors remain concerned about FuelCell Energy’s large quarterly gross loss, which was linked substantially to its Fit Energy supply agreement. The resulting margin pressure and weaker-than-expected earnings were key reasons for the recent decline and continue to weigh on the stock. FuelCell Scrutinized Over Fit Energy Disclosures

FuelCell Energy Company Profile

FuelCell Energy, Inc is a clean energy technology company that develops, manufactures, operates and services stationary fuel cell power platforms. Its systems generate electricity through an electrochemical process, producing power with low emissions and without combustion. The company serves utilities, commercial and industrial customers, municipalities, universities and other organizations seeking distributed and resilient energy solutions.

The company’s offerings include its SureSource fuel cell platforms, which can be configured for applications such as on-site power generation, microgrids, combined heat and power, and grid-support services.