Why FuelCell Energy (FCEL) Stock Is Down Today FuelCell Energy (FCEL) fell Wednesday after some bearish commentary on the stock and Toyota's statement that fueling hydrogen fuel-cell vehicles will be expensive. Andrew Meola Aug 20, 2014 11:57 AM EDT
Full Answer
What happened to fuel cell stocks?
Aug 11, 2021 · Why FuelCell Energy Stock Slumped Today By Rich Smith - Aug 11, 2021 at 4:55PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.
What is FuelCell Energy's (FCE) price potential in the next year?
Mar 05, 2021 · Shares of eponymous fuel cell company FuelCell Energy ( FCEL 3.73% ) dropped 9.6% in 12:30 p.m. EST trading Friday, en route to the stock's fourth straight day of declines this week. You can thank ...
Should you hold FuelCell Energy (fcel) stock?
Mar 27, 2022 · 5 Wall Street analysts have issued 1-year price objectives for FuelCell Energy's stock. Their forecasts range from $5.00 to $9.00. On average, they expect FuelCell Energy's share price to reach $6.10 in the next year. This suggests a …
What are analysts'target prices for FuelCell Energy's stock?
Dec 29, 2021 · Bloom Energy stock is down about 50% from its 2021 high, while Plug Power is off by 61%. FuelCell Energy is the worst of the trio, down almost 82% from this year’s high. Now the struggle will be ...
Is FuelCell energy a good stock to buy now?
FuelCell Energy is a stock deserving of a Hold rating, after taking into account its current valuations and revenue growth forecasts for the next two years.Jan 19, 2022
Is FuelCell a buy or sell?
FuelCell Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Will Fcel go up?
Over the next two years, consensus estimates that FCEL will report a CAGR of 31.38%. In FY2022, FCEL is expected to report annual revenue of $146M, representing an increase of 209% YoY.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: 50 as on 08 Fri Apr 2022.Upside target5.92Upside target5.4Downside target5.31Downside target5.23Downside target5.225 more rows
Is FuelCell Energy a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FuelCell Energy in the last year. There are currently 1...
How has FuelCell Energy's stock been impacted by COVID-19?
FuelCell Energy's stock was trading at $1.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (...
When is FuelCell Energy's next earnings date?
FuelCell Energy is scheduled to release its next quarterly earnings announcement on Thursday, June 9th 2022. View our earnings forecast for FuelCe...
How were FuelCell Energy's earnings last quarter?
FuelCell Energy, Inc. (NASDAQ:FCEL) posted its quarterly earnings results on Thursday, March, 10th. The energy company reported ($0.11) earnings pe...
When did FuelCell Energy's stock split? How did FuelCell Energy's stock split work?
FuelCell Energy shares reverse split on Thursday, May 9th 2019. The 1-12 reverse split was announced on Wednesday, May 8th 2019. The number of shar...
What price target have analysts set for FCEL?
6 brokerages have issued 1 year price targets for FuelCell Energy's stock. Their forecasts range from $5.00 to $9.00. On average, they expect FuelC...
Who are FuelCell Energy's key executives?
FuelCell Energy's management team includes the following people: Jason B. Few , President, Chief Executive Officer & Director Michael J. Lisowski...
What is Arthur (Chip) Bottone's approval rating as FuelCell Energy's CEO?
26 employees have rated FuelCell Energy CEO Arthur (Chip) Bottone on Glassdoor.com . Arthur (Chip) Bottone has an approval rating of 14% among Fue...
Who are some of FuelCell Energy's key competitors?
Some companies that are related to FuelCell Energy include Eaton (ETN) , Emerson Electric (EMR) , Roper Technologies (ROP) , Rockwell Automatio...
The "renewables index" is down -- and this news won't help
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.
What happened
Shares of eponymous fuel cell company FuelCell Energy ( NASDAQ:FCEL) dropped 9.6% in 12:30 p.m. EST trading Friday, en route to the stock's fourth straight day of declines this week.
So what
Citing a 22% decline in its JPMorgan Renewables Index over the past month, the investment megabanker pointed out today that the entire alternative energy market seems to be in correction territory right now.
Now what
It's worth pointing out that JPMorgan wasn't terribly hot on FuelCell Energy's prospects already -- the analyst had FuelCell tagged with an underweight ( i.e., sell) rating even before this morning's cut in price target.
About FuelCell Energy
FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant.
FuelCell Energy (NASDAQ:FCEL) Frequently Asked Questions
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FuelCell Energy in the last twelve months. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FuelCell Energy stock.
FuelCell Earnings Disappoint
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.
Fuel Cell Stocks Have Been Struggling
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.
Morgan Stanley warns that best-in-class Plug Power has little upside -- so what does that mean for its rivals?
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.
What happened
Hydrogen fuel cell stock FuelCell Energy ( NASDAQ:FCEL) fell in morning trading on Monday, then continued sliding into the afternoon. At the close, it was down a depressing 8.6% on no apparent news.
So what
Specifically, this morning Morgan Stanley resumed coverage of Plug stock with a $35 price target but a recommendation of only equal weight (hold), a less enthusiastic rating than its previous overweight recommendation.
Now what
Suffice it to say that if Plug has all these advantages, and Morgan Stanley still doesn't think you should buy it, then that's probably bad news for investors in companies like FuelCell and Bloom Energy ( NYSE:BE), which was down about 2.9% today.
Norway is bringing competition in fuel cells
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.
What happened
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.
So 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?
Now what
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 does Ballard do?
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.
Can volatility affect fuel cell stocks?
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.
