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FuelCell Energy, Inc. FCEL
Industrials - Electrical Equipment & Parts - NASDAQ - US
Watchlist
$ 5.485
2.91 %
$ 125 M
Market Cap
-0.71
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one FCEL stock under the worst case scenario is HIDDEN Compared to the current market price of 5.49 USD, FuelCell Energy, Inc. is HIDDEN

FCEL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one FCEL stock under the base case scenario is HIDDEN Compared to the current market price of 5.49 USD, FuelCell Energy, Inc. is HIDDEN

FCEL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 21, 2025.

The intrinsic value of one FCEL stock under the best case scenario is HIDDEN Compared to the current market price of 5.49 USD, FuelCell Energy, Inc. is HIDDEN

FCEL Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FCEL

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1M -9%
6M -75%
1Y -197%
3Y -1721%
5Y -1278%
All
$8.0$8.0$7.5$7.5$7.0$7.0$6.5$6.5$6.0$6.0$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5Feb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 Jul
FINANCIALS
112 M REVENUE
-9.13%
Growth Rates
1Year -9.13%
3Years 17.24%
5Years 13.04%
7Years 2.29%
10Years -4.64%
-158 M OPERATING INCOME
-16.46%
Growth Rates
1Year -16.46%
3Years -34.66%
5Years -18.82%
7Years -19.73%
10Years -19.22%
-126 M NET INCOME
-16.61%
Growth Rates
1Year -16.61%
3Years -7.64%
5Years -10.19%
7Years -12.90%
10Years -12.48%
-153 M OPERATING CASH FLOW
-9.02%
Growth Rates
1Year -9.02%
3Years -29.48%
5Years -37.98%
7Years -11.39%
10Years -10.28%
-60 M INVESTING CASH FLOW
68.78%
Growth Rates
1Year 68.78%
3Years 6.40%
5Years 2.83%
7Years -9.68%
10Years -23.84%
122 M FINANCING CASH FLOW
-19.14%
Growth Rates
1Year -19.14%
3Years -33.31%
5Years 15.41%
7Years 7.78%
10Years 4.22%
37.4 M REVENUE
96.90%
Growth Rates
1Year -9.13%
3Years 17.24%
5Years 13.04%
7Years 2.29%
10Years -4.64%
-35.8 M OPERATING INCOME
-9.01%
Growth Rates
1Year -16.46%
3Years -34.66%
5Years -18.82%
7Years -19.73%
10Years -19.22%
-37.7 M NET INCOME
-33.27%
Growth Rates
1Year -16.61%
3Years -7.64%
5Years -10.19%
7Years -12.90%
10Years -12.48%
-29.9 M OPERATING CASH FLOW
34.62%
Growth Rates
1Year -9.02%
3Years -29.48%
5Years -37.98%
7Years -11.39%
10Years -10.28%
45.3 M INVESTING CASH FLOW
715.47%
Growth Rates
1Year 68.78%
3Years 6.40%
5Years 2.83%
7Years -9.68%
10Years -23.84%
3.02 M FINANCING CASH FLOW
-37.45%
Growth Rates
1Year -19.14%
3Years -33.31%
5Years 15.41%
7Years 7.78%
10Years 4.22%
Balance Sheet FuelCell Energy, Inc.
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Current Assets 444 M
Cash & Short-Term Investments 257 M
Receivables 48.6 M
Other Current Assets 139 M
Non-Current Assets 500 M
Long-Term Investments 0
PP&E 139 M
Other Non-Current Assets 361 M
27.25 %5.15 %14.68 %14.70 %38.22 %Total Assets$944.1m
Current Liabilities 73.9 M
Accounts Payable 22.6 M
Short-Term Debt 15.9 M
Other Current Liabilities 35.4 M
Non-Current Liabilities 143 M
Long-Term Debt 131 M
Other Non-Current Liabilities 11.9 M
10.42 %7.35 %16.34 %60.39 %5.49 %Total Liabilities$216.7m
EFFICIENCY
Earnings Waterfall FuelCell Energy, Inc.
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Revenue 112 M
Cost Of Revenue 148 M
Gross Profit -35.9 M
Operating Expenses 120 M
Operating Income -158 M
Other Expenses -32.5 M
Net Income -126 M
150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)112m(148m)(36m)(120m)(158m)32m(126m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
-32.03% GROSS MARGIN
-32.03%
Averages
1Year -32.03%
3Years -21.08%
5Years -19.32%
7Years -18.31%
10Years -11.78%
-141.34% OPERATING MARGIN
-141.34%
Averages
1Year -141.34%
3Years -120.59%
5Years -102.06%
7Years -95.77%
10Years -77.79%
-115.23% NET MARGIN
-115.23%
Averages
1Year -115.23%
3Years -105.08%
5Years -117.23%
7Years -109.54%
10Years -88.82%
-18.03% ROE
-18.03%
Averages
1Year -18.03%
3Years -17.43%
5Years -20.34%
7Years -26.52%
10Years -26.24%
-13.69% ROA
-13.69%
Averages
1Year -13.69%
3Years -13.54%
5Years -13.83%
7Years -15.19%
10Years -14.59%
-17.89% ROIC
-17.89%
Averages
1Year -17.89%
3Years -16.57%
5Years -13.11%
7Years -14.65%
10Years -14.66%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis FuelCell Energy, Inc.
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50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -126 M
Depreciation & Amortization 36.2 M
Capital Expenditures -47.7 M
Stock-Based Compensation 11.8 M
Change in Working Capital -57.8 M
Others -24.9 M
Free Cash Flow -201 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets FuelCell Energy, Inc.
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Wall Street analysts predict an average 1-year price target for FCEL of $2.06 , with forecasts ranging from a low of $1.25 to a high of $3.85 .
FCEL Lowest Price Target Wall Street Target
1.25 USD -77.21%
FCEL Average Price Target Wall Street Target
2.06 USD -62.47%
FCEL Highest Price Target Wall Street Target
3.85 USD -29.81%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership FuelCell Energy, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MP Materials ($MP) | First Solar ($FSLR) | Pony AI ($PONY) | FuelCell Energy ($FCEL) Welcome to the Green Stock News brief for Thursday July 10th. Here are today's top headlines: MP Materials (NYSE: MP) has formed a major public-private partnership with the U.S. Department of Defense to rapidly expand a domestic rare earth magnet supply chain and reduce reliance on foreign sources. youtube.com - 1 week ago
FuelCell Energy and Inuverse Sign MOU for Data Center Development in Korea, Signaling Growth in Hyperscale and AI Markets Integrated fuel cell thermal capabilities can reduce cooling costs and boost energy efficiency Integrated fuel cell thermal capabilities can reduce cooling costs and boost energy efficiency globenewswire.com - 1 week ago
FuelCell Energy CEO Jason Few Applauds “One Big Beautiful Bill Act” as Catalyst for U.S. Clean Energy Leadership DANBURY, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the “One Big Beautiful Bill Act” (OBBBA) for its direct support of the fuel cell industry and its role in strengthening America's energy infrastructure, data center resilience, and clean manufacturing base. globenewswire.com - 2 weeks ago
Wall Street Analysts Believe FuelCell Energy (FCEL) Could Rally 39.58%: Here's is How to Trade The consensus price target hints at a 39.6% upside potential for FuelCell Energy (FCEL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. zacks.com - 1 month ago
FuelCell Energy: Poor Prospects Result In Further Restructuring Efforts, Sell Last week, FuelCell Energy reported another set of uninspiring quarterly results with persistently high cash usage. Unrestricted cash of $177 million dropped to a new multi-year low. New cost reduction initiatives will result in abandoning of the company's solid oxide fuel cell platform, with the move expected to result in substantial impairment charges. seekingalpha.com - 1 month ago
FuelCell Energy, Inc. (FCEL) Q2 2025 Earnings Call Transcript FuelCell Energy, Inc. (NASDAQ:FCEL ) Q2 2025 Earnings Conference Call June 6, 2025 10:00 AM ET Company Participants Jason B. Few - President, CEO & Director Michael S. seekingalpha.com - 1 month ago
FuelCell Energy (FCEL) Reports Q2 Loss, Tops Revenue Estimates FuelCell Energy (FCEL) came out with a quarterly loss of $1.79 per share versus the Zacks Consensus Estimate of a loss of $1.51. This compares to loss of $2.10 per share a year ago. zacks.com - 1 month ago
FuelCell Energy lays off 22% of staff, to cut annual expenses by 30% Renewable power company FuelCell Energy said on Friday it had laid off 22% of its workforce, as part of a global restructuring plan to reduce its operating expenses by 30% annually. reuters.com - 1 month ago
FuelCell Energy Reports Second Quarter of Fiscal 2025 Results Second Quarter Fiscal 2025 Summary (All comparisons are year-over-year unless otherwise noted) Revenue of $37.4 million, compared to $22.4 million, an increase of approximately 67% Gross loss of $(9.4) million compared to $(7.1) million, an increase of approximately 33% Loss from operations of $(35.8) million compared with $(41.4) million, a decrease of approximately 13% Net loss per share was $(1.79) compared with $(2.18), a decrease of approximately 18% Backlog of $1.26 billion, compared to $1.06 billion, an increase of approximately 19% Current Business Update Announcing restructuring plan to reduce operating expenses by 30% on an annualized basis compared to operating expenses incurred in fiscal year 2024 Focusing commercial efforts on carbonate-based distributed generation, including data center, grid resilience and reliability, and carbon recovery applications Refocusing solid oxide development efforts on electrolysis validation and demonstration – pausing R&D activity Addition of Mike Hill as Chief Commercial Officer DANBURY, Conn., June 06, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) today reported financial results for its second quarter ended April 30, 2025. globenewswire.com - 1 month ago
FuelCell Energy Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call FuelCell Energy, Inc. FCEL will release its second-quarter earnings results before the opening bell on Friday, June 6. benzinga.com - 1 month ago
FuelCell Energy Before Q1: Financial Disaster With A Short Squeeze Setup FuelCell Energy, Inc.'s fundamentals are disastrous: huge losses, collapsing revenue, and no signs of improvement—this is not a turnaround story for value investors. Despite the poor performance, FCEL's strong cash position and low debt reduce bankruptcy risk, making it a potential short-squeeze candidate. Massive short interest, meme potential, and management's buzzword-heavy narrative create a speculative setup for traders seeking explosive moves. seekingalpha.com - 1 month ago
Tri-gen Receives U.S. Department of Energy 2025 Better Project Award LONG BEACH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (FuelCell Energy) and Toyota Motor North America (TMNA) today announced that the first-of-its-kind “Tri-gen” facility at the Port of Long Beach has received the U.S. Department of Energy's 2025 Better Project Award. The Better Project Award recognizes accomplishments at individual facilities for innovative and industry-leading accomplishments in implementing energy, water, and waste reduction efficiency measures. globenewswire.com - 2 months ago
8. Profile Summary

FuelCell Energy, Inc. FCEL

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 125 M
Dividend Yield 0.90%
Description FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
Contact 3 Great Pasture Road, Danbury, CT, 06810 https://www.fuelcellenergy.com
IPO Date June 25, 1992
Employees 584
Officers Mr. Michael S. Bishop CPA Executive Vice President, Chief Financial Officer & Treasurer Mr. Michael J. Lisowski Executive Vice President of Strategic Partnerships Mr. Shankar Achanta Executive Vice President, Chief Product & Technology Officer Mr. Thomas Gelston Senior Vice President of Finance & Investor Relations Mr. John Torrance III Senior Vice President of Product Management Ms. Lilyanne McClean Senior Vice President of Global Public Policy & Government Affairs Mr. Jason B. Few President, Chief Executive Officer & Director Mr. Joshua Dolger Executive Vice President, General Counsel & Corporate Secretary Ms. Betsy Schaefer Chief Marketing & Sustainability Officer Ms. Karen Farrell Senior Vice President & Chief Human Resources Officer