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

FuelCell Energy, Inc. (NASDAQ:FCEL) has been given a consensus recommendation of “Hold” by the thirteen analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $21.80.

Several equities analysts have recently commented on the stock. Wall Street Zen raised shares of FuelCell Energy from a “strong sell” rating to a “sell” rating in a report on Saturday. Citigroup initiated coverage on shares of FuelCell Energy in a report on Tuesday, September 15th. They issued a “neutral” rating and a $19.00 price target on the stock. UBS Group upgraded shares of FuelCell Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $22.00 to $27.00 in a research note on Tuesday, July 14th. TD Cowen reissued a “hold” rating and set a $16.00 price objective (up from $9.00) on shares of FuelCell Energy in a report on Tuesday, June 9th. Finally, Barclays assumed coverage on FuelCell Energy in a report on Thursday, September 24th. They issued an “equal weight” rating and a $20.00 target price on the stock.

More FuelCell Energy News

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

• Negative Sentiment: The lawsuit alleges that FuelCell Energy failed to disclose until its September 2, 2026 quarterly report that project output was materially below the level required under its Fit Energy agreement. The allegations cover investors who purchased FCEL securities between June 24 and September 1, 2026, and could increase legal costs, reputational risk and uncertainty around the company’s reported results. Levi & Korsinsky lawsuit notice Bronstein Gewirtz & Grossman lawsuit notice
• Negative Sentiment: Rosen, Hagens Berman, Kaplan Fox, Schall Brown & Schwartz and other firms issued substantially similar notices encouraging affected investors to contact them before the November 10, 2026 lead-plaintiff deadline. The unusually high number of notices likely contributed to heightened selling pressure, although the announcements themselves do not establish that FuelCell Energy violated securities laws. Rosen investor notice Hagens Berman investor notice

Insider Buying and Selling at FuelCell Energy

In other FuelCell Energy news, Director Homer Livingston, III bought 16,404 shares of FuelCell Energy stock in a transaction dated Monday, September 14th. The shares were purchased at an average cost of $15.05 per share, for a total transaction of $246,880.20. Following the acquisition, the director directly owned 42,747 shares in the company, valued at approximately $643,342.35. This represents a 62.27% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 5.46% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On FuelCell Energy

Several large investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in shares of FuelCell Energy by 818.0% in the 2nd quarter. State Street Corp now owns 2,143,908 shares of the energy company’s stock valued at $77,202,000 after purchasing an additional 1,910,356 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of FuelCell Energy in the second quarter valued at $510,000. Tidal Investments LLC raised 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 acquiring an additional 92,572 shares during the period. IPG Investment Advisors LLC bought a new stake in shares of FuelCell Energy in the 2nd quarter worth about $273,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of FuelCell Energy during the 2nd quarter worth about $120,000. 42.78% of the stock is owned by institutional investors.

FuelCell Energy Stock Performance

FCEL opened at $18.07 on Thursday. The firm has a market cap of $1.44 billion, a P/E ratio of -5.27 and a beta of 2.46. FuelCell Energy has a 1-year low of $5.71 and a 1-year high of $37.88. The company has a 50 day simple moving average of $18.36 and a two-hundred day simple moving average of $17.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 8.67 and a quick ratio of 7.77.

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

About FuelCell Energy

FuelCell Energy, Inc develops and manufactures fuel cell platforms for distributed power generation, microgrids, and energy storage. Its systems generate electricity electrochemically from fuels such as natural gas, biogas, and hydrogen, with the potential for lower emissions than conventional combustion-based generation.

The company’s product portfolio includes carbonate fuel cell platforms, solid oxide fuel cell and electrolysis technologies, and solutions designed for hydrogen production, carbon capture, and long-duration energy storage.