Why are fuel cell stocks down today?
Apr 12, 2022 · msn.com - April 5 at 5:09 PM. -$0.06 Earnings Per Share Expected for FuelCell Energy, Inc. (NASDAQ:FCEL) This Quarter. americanbankingnews.com - April 5 at 12:24 PM. May 13th Options Now Available For FuelCell Energy (FCEL) nasdaq.com - March 31 at 12:45 PM. FuelCell Energy (NASDAQ:FCEL) Stock Price Up 3.2%.
Why was fcel's fiscal Q4 loss wider than expected?
FuelCell stock sinks after wider-than-expected loss, while revenue more than doubles to top forecasts. Shares of FuelCell Energy Inc. sank 9.0% in …
Is the price of hydrogen and fuel cell stocks too high?
Dec 29, 2021 · Today's Market / Fuel Cell Stocks Alert: Why Are FCEL, PLUG, BE Stocks Falling Today? ... As a result, FCEL stock is down more than 13% on Wednesday, but other fuel cell stocks are getting hit too.
Is FuelCell Energy a risky growth stock to buy?
May 06, 2021 · Fuel cell energy stocks seem to move in unison these days, so when one falls, the entire industry goes with it. Today, Bloom Energy ( BE 6.80% ) …
Is Fcel a good stock to buy now?
As a result, though the current valuation may look attractive, it comes with a relatively high level of risk. Speculative investors may still invest in FCEL if they do not mind the short-term reduced outlook. As a result, we maintain our rating on FCEL stock as Neutral for now.Jan 20, 2022
Will Fcel stock go up tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement....Munafa value: 40 as on 22 Fri Apr 2022.Downside target4.15Upside target4.47Upside target4.6Upside target4.69Upside target4.795 more rows
What is the future for Fcel stock?
Stock Price Forecast The 8 analysts offering 12-month price forecasts for Fuelcell Energy Inc have a median target of 5.25, with a high estimate of 7.00 and a low estimate of 5.00. The median estimate represents a +19.05% increase from the last price of 4.41.
Why is FuelCell up?
Plug Power reported strong shipments for its fuel-cell and hydrogen systems in the third quarter, generated its highest-ever revenue, and bumped up its revenue guidance for 2022.Nov 12, 2021
FuelCell Earnings Disappoint
Fuel Cell Stocks Have Been Struggling
FuelCell reported a top- and bottom-line miss this morning, which is never a good look. The company lost 7 cents a share, 3 cents a share more than expectations. Worse, revenue fell 18% year over year to $13.94 million, missing expectations by more than $7.5 million.
Earnings didn't quite hit the mark, but there was still good news for Bloom Energy today
It has not been a good week for FuelCell stock, which is down nearly 30% from Monday’s high. However, it’s been a tough stretch for fuel cell stocks in general.
What happened
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
So what
Fuel cell energy stocks seem to move in unison these days, so when one falls, the entire industry goes with it. Today, Bloom Energy ( NYSE:BE) was the cause of a sell-off after it reported first-quarter 2021 earnings. Shares dropped as much as 8.1% and were down 2.9% in late-morning trading.
Now what
Bloom Energy's first-quarter revenue rose 23.8% versus a year ago to $194 million on the back of a 40.2% increase in megawatts (MW) delivered. Gross margin increased a whopping 15.5% to 28.2% in the quarter, helping the company improve from a loss of $75.9 million a year ago to a $24.9 million loss, or $0.15 per share, in the first quarter.
What does Ballard do?
Fuel cell stocks may be trading together today, but they're not all the same. I'll just point out two metrics that investors should keep an eye on, and that's price-to-sales multiples for fuel cell stocks and gross margins. Bloom Energy trades for a P/S ratio of 3.7, while the other three companies are at least a 27.8 multiple.
Can volatility affect fuel cell stocks?
Ballard makes fuel cell technology for industries like materials handling, trucks, and rail operations; if the economy goes into recession, orders may be impacted, but that'll be the case for any company.
Why are fuel cell stocks down?
When markets are going up, volatility can work in fuel cell investors' favor. But when markets go down, volatility can hit stocks hard. And that's exactly what's happening with fuel cell stocks today.
Is Coster negative on plug power?
The headline reason fuel cell stocks are down today is that J.P. Morgan analyst Paul Coster gave some negative ratings for Plug Power and FuelCell Energy. For Plug Power, he initiated coverage on the stock with a $60 price target, which is lower than where shares trade today. For FuelCell Energy, he downgraded the stock from neutral to underperform with a $10 price target. That's nearly 40% lower than where shares trade as of this writing.
Norway is bringing competition in fuel cells
That's not all that surprising given the fact that fuel cell stocks have traded together for much of the past year. What's notable is that Coster wasn't negative on Plug Power or FuelCell Energy's business, only their valuations.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
For the second day in a row, shares of U.S.-based fuel cell stocks Plug Power ( NASDAQ:PLUG), FuelCell Energy ( NASDAQ:FCEL), and Bloom Energy ( NYSE:BE) are in free fall, down 4.5%, 7.6%, and 8.7%, respectively, as of 12:10 p.m. EST.
Now what
Remember the commercial that General Motors ( NYSE:GM) ran during "the big game" earlier this month? You know, the one with Will Ferrell throwing a fit over Norway selling more electric vehicles than America?
Even doomsday-prepper stocks now suffer from coronavirus
It's not clear precisely how much of a threat this new facility poses to the existing businesses of Plug, FuelCell, or Bloom. But H2-View notes that Austrian engineering company AVL, a company possessing "150 patents within the fuel cell industry" has been enlisted to help with the effort.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
When you think about it, fuel cell stocks like FuelCell Energy ( NASDAQ:FCEL), Ballard Power ( NASDAQ:BLDP), and Plug Power ( NASDAQ:PLUG) are kind of the ultimate "prepper" stocks.
Now what
Why aren't fuel cell stocks doing better than other stocks today -- and, in fact, doing quite a bit worse? (The average Nasdaq stock is only down 1.8%.)
