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

FuelCell Energy, Inc. (NASDAQ:FCEL) has been given an average rating of “Hold” by the thirteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $21.80.

Several research analysts have recently weighed in on FCEL shares. B. Riley Financial raised shares of FuelCell Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $13.00 to $32.00 in a research report on Monday, June 29th. Barclays initiated coverage on shares of FuelCell Energy in a research note on Thursday, September 24th. They set an “equal weight” rating and a $20.00 target price on the stock. KeyCorp reiterated a “sector weight” rating on shares of FuelCell Energy in a report on Tuesday, September 8th. Oppenheimer initiated coverage on shares of FuelCell Energy in a research note on Tuesday, September 29th. They issued an “outperform” rating and a $24.00 price target for the company. Finally, UBS Group raised shares of FuelCell Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $22.00 to $27.00 in a research report on Tuesday, July 14th.

Insiders Place Their Bets

In other FuelCell Energy news, Director Homer Livingston, III bought 16,404 shares of the business’s stock in a transaction on Monday, September 14th. The stock was bought at an average price of $15.05 per share, with a total value of $246,880.20. Following the completion of the purchase, the director directly owned 42,747 shares in the company, valued at $643,342.35. The trade was a 62.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 5.46% of the company’s stock.

Hedge Funds Weigh In On FuelCell Energy

A number of hedge funds have recently modified their holdings of the business. State Street Corp raised its holdings in 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 buying an additional 1,910,356 shares during the period. CenterBook Partners LP purchased a new position in FuelCell Energy during the fourth quarter worth about $9,348,000. Baird Financial Group Inc. acquired a new stake in shares of FuelCell Energy during the second quarter valued at about $31,193,000. Dimensional Fund Advisors LP increased 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 valued at $2,040,000 after acquiring an additional 256,640 shares during the last quarter. Finally, Tidal Investments LLC raised its stake in shares of FuelCell Energy by 61.1% in the 2nd 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. 42.78% of the stock is currently owned by hedge funds and other institutional investors.

More FuelCell Energy News

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

• Positive Sentiment: FuelCell Energy appointed Matthew Latino as executive vice president, CFO and treasurer. Latino joins from Xylem, where he led finance for a roughly $2 billion business and previously headed investor relations, potentially adding large-company operating and shareholder-communications experience. FuelCell Energy Announces Chief Financial Officer Transition
• Positive Sentiment: Management reaffirmed its target of achieving positive adjusted EBITDA in the fourth quarter of fiscal 2027. The company also highlighted a commercial pipeline tied to reliable, always-on power for AI and data-center projects, including the Fit Energy development in Pennsylvania. The target remains dependent on higher production, backlog conversion, customer deliveries and cost reductions. FuelCell Energy Names New CFO and Reaffirms 2027 Profitability Target
• Neutral Sentiment: Long-serving CFO Michael Bishop is stepping down after 15 years in the role but will remain as a senior advisor through the 2027 annual meeting, which should provide some transition continuity. Nevertheless, the abrupt market response suggests investors are concerned about leadership change and execution risk.
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action covering investors who bought FCEL shares from June 24 through September 1, 2026. The litigation reportedly centers on a $17 million charge related to the Fit Energy agreement and allegations that production shortfalls and manufacturing-cost issues were not adequately disclosed. The lead-plaintiff deadline is November 10, 2026. FuelCell Energy Shareholder Alert
• Negative Sentiment: The CFO transition is weighing on investor confidence despite the new hire and profitability reaffirmation. The selloff reflects concerns over continuity, the company’s ability to scale manufacturing, convert awarded capacity into revenue and reach its 2027 adjusted-EBITDA goal.

FuelCell Energy Trading Down 11.1%

Shares of FuelCell Energy stock opened at $18.36 on Thursday. 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 stock’s 50 day simple moving average is $18.39 and its 200-day simple moving average is $17.49. The stock has a market cap of $1.47 billion, a P/E ratio of -5.35 and a beta of 2.46. FuelCell Energy has a 1-year low of $5.71 and a 1-year high of $37.88.

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

FuelCell Energy Company Profile

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.