
FuelCell Energy (FCEL) Stock Forecast & Price Target
FuelCell Energy (FCEL) Analyst Ratings
Bulls say
FuelCell Energy Inc. is positioned for positive growth due to the expected benefits from the Investment Tax Credit (ITC), which is anticipated to attract cost-sensitive commercial and industrial customers and instill confidence among developers and investors for project acceleration. The company's management has indicated that gaining access to stable fuel at favorable price spreads is likely to enhance project economics in strategically important markets. Furthermore, as the company approaches a production volume of 100MW, it is projected to achieve adjusted EBITDA positivity, indicating a strengthening financial outlook contingent on managed backlog growth.
Bears say
FuelCell Energy reported a substantial decline in advanced technology contract revenues, falling approximately 38.4% to around $5.2 million in F3Q25 from about $8.6 million in F2Q24, indicating a significant reduction in demand for its services. Additionally, the company's generation revenue also decreased due to lower output stemming from routine maintenance, further impacting its operational performance. Furthermore, FuelCell's cash, cash equivalents, and short-term investments decreased slightly to approximately $236.9 million, suggesting potential liquidity concerns as the company navigates these challenges.
This aggregate rating is based on analysts' research of FuelCell Energy and is not a guaranteed prediction by Public.com or investment advice.
FuelCell Energy (FCEL) Analyst Forecast & Price Prediction
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