Is FuelCell Energy's stock done going down?
· 4 brokerages have issued 1 year target prices for FuelCell Energy's shares. Their forecasts range from $5.00 to $6.00. On average, they expect FuelCell Energy's share price to reach $5.38 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View analysts' price targets for FuelCell Energy or view ...
How much does FuelCell Energy make a year?
· Update: FuelCell Energy Inc (NASDAQ: FCEL) ended Monday at $8.74 per share, up a whopping 18.27% on Monday, despite a generally soft market's mood. The share is far from the multi-year highs ...
How did FuelCell Energy’s short interest look during December?
Get the latest FuelCell Energy, Inc. (FCEL) stock news and headlines to help you in your trading and investing decisions.
What are analysts'price targets for FuelCell Energy's stock?
· Last week, Plug Power stock gained 14.9% on its positive prognostications for revenue. Ballard did even better, rising 15.3%, while Bloom Energy did only a bit worse -- …
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· FuelCell Energy Inc (NASDAQ: FCEL) is headed for the top in the premarket hours this morning, following up on the strong gains that we saw out of the stock yesterday. With no news or SEC filings ...
Why did FuelCell stock go 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. With the stock also receiving analyst upgrades this week, investors remained bullish about fuel cell stocks, including FuelCell Energy.
Will FuelCell Energy stock go up?
FCEL is currently trading at an EV/NTM Revenue of 10.27x, lower than its 3Y mean of 17.1x. The company is also projected to report growth over the next two years, which we can observe from its EV/Fwd Revenue trend.
Is FuelCell Energy a good investment?
FCEL's expected +109.9% revenue growth for fiscal 2022 is driven by a one-off sale of modules, and its top line expansion is expected to moderate to +20.9% in FY 2023. FuelCell Energy stock is a Hold, considering both its valuations and business outlook.
What is happening with FuelCell Energy?
FuelCell Energy (FCEL) Reports In-Line Loss, Sales Beat FuelCell Energy's (FCEL) fiscal first-quarter loss is on par with the Zacks Consensus Estimate. FCEL registers a 2.9% year-over-year increase in backlog.
Should I sell fuel cell stock?
The consensus among Wall Street equities research analysts is that investors should "hold" FuelCell Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FCEL, but not buy additional shares or sell existing shares.
What is the future of fuel cell stock?
Stock Price Forecast The 7 analysts offering 12-month price forecasts for Fuelcell Energy Inc have a median target of 5.30, with a high estimate of 7.00 and a low estimate of 5.00. The median estimate represents a +50.57% increase from the last price of 3.52.
Is FCEL overvalued?
Price to Book Ratio PB vs Industry: FCEL is overvalued based on its PB Ratio (2.1x) compared to the US Electrical industry average (1.9x).
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 16 Mon May 2022.Upside target3.8Upside target3.56Upside target3.47Upside target3.46Downside target3.325 more rows
Why is fuel cell stock so low?
FuelCell Energy (FCEL -9.26%) stock sank 40.1% December, according to data from S&P Global Market Intelligence. The company's share price slumped due to the spread of the omicron coronavirus variant, unfavorable macroeconomic developments, and disappointing quarterly results.
What companies make fuel cells?
Some of the notable companies producing hydrogen fuel cells are FuelCell Energy, Inc. (NASDAQ:FCEL), Bloom Energy Corporation (NASDAQ:BE), Linde plc (NYSE:LIN), and Air Products and Chemicals, Inc. (NYSE:APD), among others discussed in detail below.
Is FCEL going to reverse split?
Shares of the Company's common stock will continue to trade under the symbol "FCEL." Immediately following the reverse stock split, there will be approximately 26.2 million shares, par value $0.0001 per share, of the Company's common stock issued and outstanding.
Is FCEL clean energy?
About FuelCell Energy (NASDAQ: FCEL): FuelCell Energy is a global leader in sustainable clean energy technologies that address some of the world's most critical challenges around energy, safety and global urbanization.
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...
Is hydrogen a renewable source?
Is FCEL stock back?
Hydrogen is generally acknowledged as a renewable and eco-friendly energy source, and hydrogen fuel cells produce no pollutants. The by-products are heat and water. Hydrogen is also extremely powerful at energy generation compared to other fuels such as liquefied natural gas (LNG) or diesel. In some cases, it can be said that hydrogen fuel cells or plants will produce two or three times as much energy per weight of fuel used.
When will Fuelcell Energy continue to work with Exxon Mobil?
FuelCell (FCEL) stock is back after a bit of a break and a fairly lackluster 2021. This was one of the early retail interest stocks that took off even before the advent of GameStop (GME) and WallStreetBets took over the retail trading space. FCEL price rose from $2.58 to $29 in about three months between November 2020 and February 2021. The company is involved in one of the hot sectors of renewable energy. FuelCel designs, makes, operates and installs fuel cell batteries, which use chemical reactions to produce energy and so are not reliant on fossil fuels. Reuters says the company's technology "generates electricity directly from a hydrogen-rich fuel, such as natural gas or renewable Biogas, by reforming the fuel inside the fuel cell to produce the needed hydrogen."
Who makes hydrogen fuel cells?
The agreement will now continue until April 30, 2022. The parties are discussing an ExxonMobil pilot in Rotterdam, the Netherlands, as well as potentially additional ExxonMobil or third-party locations, to deploy FuelCell Energy's carbonate fuel cell platform to capture
Why is hydrogen fuel cell technology important?
Plug Power, a maker of hydrogen fuel cells, unveils ambitious growth plans and sees accelerating revenue in 2022. Is PLUG stock a buy right now?
Is FCEL a bullish stock?
Undeniably, hydrogen fuel cell technology offers a great solution to two key issues -- the unreliability of renewable power and the emissions from fossil fuels. A key limiting factor in the widespread adoption of hydrogen fuel cells in the past was cost, which has clearly come down significantly over the years.
What happened
Bullishness has been coming back for Fuel Cell Energy (NASDAQ:FCEL) in recent weeks. But the real jump starter for FCEL stock is the $1 trillion infrastructure bill just passed by Congress. Things are certainly looking up for the company. Source: Kaca Skokanova/Shutterstock While only a small sliver of it is going toward hydrogen projects, this funding will go a long way to boost demand for the fuel cell power plants this company builds and installs. This significant piece of federal legislation
So what
Hydrogen fuel cell leader Plug Power ( PLUG -4.67% ) had a big week last week, announcing multiple corporate partnerships to manufacture fuel cell parts, pioneer fuel cell use in airplanes, and bring to market a hydrogen-powered fuel cell van.
Now what
This really does appear to be the beginning and the end of FuelCell's story. Last week, Plug Power stock gained 14.9% on its positive prognostications for revenue. Ballard did even better, rising 15.3%, while Bloom Energy did only a bit worse -- up 10.3%.
Political Changes Are Boosting Clean Energy
Does that make sense? After all, FuelCell doesn't appear to have any good news of its own to report today. Its last quarterly earnings report came out a month ago, and while it was positive (FuelCell beat "earnings" expectations by 20%), the company still lost money for the quarter.
Money Is Flying Into the Fuel Cell Industry
FCEL stock has been headed up, but it’s not the only stock in the clean energy space that’s seeing strong gains. The fact of the matter is that if there’s ever been time to invest in clean energy, the time is now.
What Analysts Think About FCEL Stock
Just yesterday, news broke that FuelCell Energy’s largest competitor, Plug Power, will receive a $1.5 billion investment to bring fuel cell technology to Asia. Sure, we’re talking about a competitor here, but it’s also great news for FCEL.
Risks to Consider Before Buying FCEL Stock
According to TipRanks, there are currently four analysts covering FCEL stock. All of the analysts covering the stock rate it a Hold. Price targets range from $11 on the high to $5 on the low.
Final Thoughts
If you plan on investing in anything, you’re going to have to accept risk. After all, any investment you make will come with risk. When it comes to FCEL stock, some of the most significant risks to consider include:
A trifecta of good news lifts the fuel cell sector Tuesday
I want to be very clear here. I didn’t write the risk section above to scare you out of an investment in FCEL stock. The fact of the matter is that all investments come with risk and investors should be aware of them before diving in.
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
Hydrogen fuel cell stocks are moving higher Tuesday, the first trading day after the U.S. Department of Energy (DOE) made a big announcement that promises to help grow the hydrogen economy going forward.
Now what
Three factors appear to be at play today: Analyst upgrades, the DOE announcement, and earnings. Let's take them one at a time.
What happened
How good will things get, with the U.S. government throwing its weight -- and its checkbook -- behind the fuel cell industry?
So what
Shares of FuelCell Energy ( FCEL -5.39% ) fell by as much as 14.3% in trading on Thursday after the company reported its fiscal second-quarter 2021 financial results. Shares floundered from the start of trading and were down 10.3% at 2:45 p.m. EDT.
Now what
For the period that ended April 30, FuelCell Energy's quarterly revenue fell 26% to $14.0 million and its net loss grew by 28% to $18.9 million, or $0.06 per share. Even adjusted EBITDA got worse, as its loss of $3.3 million a year ago grew to a loss of $11.3 million.
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Falling revenues aren't a good look for a company that operates in what is supposed to be a growing segment of the renewable energy market. But more concerning is that FuelCell Energy's backlog dropped by $20 million, or more than revenue, to $1.32 billion. Business isn't coming in as quickly as investors should be hoping for.
How much will Fuelcell sales increase in 2021?
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How much did FCEL stock gain on Aug 9?
FuelCell’s revenue has been declining over the last several years. Analysts predict that the company's sales will increase by 2.6 percent in fiscal 2021. However, the sales are expected to surge by 66 percent in fiscal 2022.
What is FCEL energy?
FuelCell Energy (FCEL) stock gained 14 percent on Aug. 9 and 4 percent on Aug. 10. However, the stock is down 6 percent on Aug. 11 and 76 percent from its 52-week high. What's the forecast for FCEL stock and will it go back up?
Is FCEL stock going down in 2020?
FCEL is a fuel cell power company. The stock skyrocketed on Aug. 9 after the company announced that it secured $15 million in financing from East West Bank. Under the terms of the deal, FCEL would provide 7.4 megawatts of fuel cell energy to the U.S. Submarine Base in Groton, Conn.