FuelCell Energy (FCEL) Stock Forecast, Price Target & Predictions


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FCEL Stock Forecast


FuelCell Energy stock forecast is as follows: an average price target of $3.07 (represents a 538.39% upside from FCEL’s last price of $0.48) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.

FCEL Price Target


The average price target for FuelCell Energy (FCEL) is $3.07 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $5.75 to $1.25. This represents a potential 538.39% upside from FCEL's last price of $0.48.

FCEL Analyst Ratings


Hold

According to 9 Wall Street analysts, FuelCell Energy's rating consensus is 'Hold'. The analyst rating breakdown for FCEL stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 8 'Hold' (88.89%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

FuelCell Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Jed DorsheimerCanaccord Genuity$1.25$0.42198.54%159.93%
Jun 11, 2024Ryan PfingstB.Riley Financial$1.50$0.9066.30%211.92%
Jun 10, 2024Jed DorsheimerCanaccord Genuity$1.50$0.9853.20%211.92%
Dec 14, 2022Manav GuptaUBS$3.85$3.772.03%700.58%
Jun 10, 2022Eric StineCraig-Hallum$3.00$3.71-19.25%523.83%
Mar 25, 2022Jeffrey OsborneCowen & Co.$5.75$6.22-7.56%1095.67%
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The latest FuelCell Energy stock forecast, released on Sep 05, 2024 by Jed Dorsheimer from Canaccord Genuity, set a price target of $1.25, which represents a 198.54% increase from the stock price at the time of the forecast ($0.42), and a 159.93% increase from FCEL last price ($0.48).

FuelCell Energy Price Target by Period


1M3M12M
# Anlaysts113
Avg Price Target$1.25$1.25$1.42
Last Closing Price$0.48$0.48$0.48
Upside/Downside159.93%159.93%195.28%

In the current month, the average price target of FuelCell Energy stock is $1.25, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 159.93% increase as opposed to FuelCell Energy's last price of $0.48. This month's average price target is down 0.00% compared to last quarter, and down -11.97% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 05, 2024Canaccord GenuityHoldHoldHold
Jun 11, 2024Cowen & Co.HoldHoldHold
Jun 10, 2024Canaccord GenuityHoldHoldHold
Dec 14, 2022UBS-NeutralInitialise
Jun 10, 2022Craig-HallumHoldHoldHold
Apr 26, 2022Zacks Investment Research-HoldUpgrade
Jan 05, 2022KeyBanc-Sector WeightInitialise
Dec 30, 2021Craig-Hallum-HoldUpgrade
May 01, 2021Wells Fargo-UnderweightInitialise
Apr 16, 2021B. Riley-NeutralInitialise
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FuelCell Energy's last stock rating was published by Canaccord Genuity on Sep 05, 2024. The company gave FCEL a "Hold" rating, the same as its previous rate.

FuelCell Energy Financial Forecast


FuelCell Energy Revenue Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
Revenue-----------$16.69M$22.46M$25.51M-$37.07M$39.20M$43.10M$16.38M$31.80M$13.94M$26.82M$13.95M$14.88M$17.00M$18.73M$18.88M$16.26M$11.04M$22.71M
Avg Forecast$40.47M$44.59M$37.68M$43.39M$46.86M$46.83M$42.37M$35.17M$40.34M$22.63M$21.31M$25.74M$25.02M$27.68M$25.49M$26.85M$45.80M$35.81M$32.58M$26.27M$21.77M$20.63M$18.91M$22.11M$16.04M$16.05M$15.55M$14.91M$11.51M$9.75M
High Forecast$45.01M$49.60M$41.91M$48.26M$52.12M$52.08M$47.12M$41.74M$44.07M$25.17M$23.71M$28.63M$25.89M$30.79M$28.36M$29.86M$50.94M$40.93M$41.39M$34.12M$28.27M$26.79M$24.56M$28.71M$20.84M$20.84M$20.19M$19.37M$14.95M$12.66M
Low Forecast$35.90M$39.56M$33.42M$38.49M$41.57M$41.54M$37.58M$28.60M$37.66M$20.07M$18.91M$22.83M$24.05M$24.55M$22.61M$23.82M$40.62M$31.38M$21.06M$18.00M$14.92M$14.14M$12.96M$15.15M$10.99M$11.00M$10.65M$10.22M$7.89M$6.68M
# Analysts1111---2422363333233333991499158
Surprise %-----------0.65%0.90%0.92%-1.38%0.86%1.20%0.50%1.21%0.64%1.30%0.74%0.67%1.06%1.17%1.21%1.09%0.96%2.33%

FuelCell Energy's average Quarter revenue forecast for May 24 based on 2 analysts is $21.31M, with a low forecast of $18.91M, and a high forecast of $23.71M. FCEL's average Quarter revenue forecast represents a 27.70% increase compared to the company's last Quarter revenue of $16.69M (Jan 24).

FuelCell Energy EBITDA Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts1111---2422363333233333991499158
EBITDA-----------$-42.48M$-36.38M$-41.40M-$-19.00M$-40.05M$-26.86M$-28.42M$-38.92M$-16.57M$-5.93M$-12.55M$-10.68M$-11.26M$-6.54M$-3.33M$2.02M$-28.31M$2.17M
Avg Forecast$-35.79M$-39.44M$-33.32M$-38.37M$-41.45M$-41.42M$-37.47M$-31.11M$-35.67M$-20.02M$-47.80M$-22.77M$-22.13M$-24.48M$-43.45M$-23.75M$-6.65M$-31.67M$-28.81M$-16.17M$-7.11M$-10.04M$-59.55M$-19.55M$-4.29M$-6.70M$-17.72M$-13.19M$3.56M$-13.79M
High Forecast$-31.75M$-34.98M$-29.56M$-34.04M$-36.77M$-36.74M$-33.24M$-25.30M$-33.31M$-17.76M$-38.24M$-20.19M$-21.27M$-21.72M$-34.76M$-21.06M$-5.32M$-27.75M$-18.63M$-12.94M$-5.69M$-8.03M$-47.64M$-13.40M$-3.43M$-5.36M$-14.18M$-9.04M$4.28M$-11.03M
Low Forecast$-39.81M$-43.87M$-37.06M$-42.68M$-46.10M$-46.06M$-41.68M$-36.92M$-38.98M$-22.26M$-57.36M$-25.32M$-22.90M$-27.23M$-52.14M$-26.41M$-7.98M$-36.20M$-36.60M$-19.41M$-8.53M$-12.05M$-71.46M$-25.40M$-5.14M$-8.04M$-21.27M$-17.13M$2.85M$-16.55M
Surprise %-----------1.87%1.64%1.69%-0.80%6.02%0.85%0.99%2.41%2.33%0.59%0.21%0.55%2.63%0.98%0.19%-0.15%-7.94%-0.16%

9 analysts predict FCEL's average Quarter EBITDA for Apr 20 to be $-17.72M, with a high of $-14.18M and a low of $-21.27M. This is -976.95% lower than FuelCell Energy's previous annual EBITDA (Jan 20) of $2.02M.

FuelCell Energy Net Income Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts1111---2422363333233333991499158
Net Income-----------$-19.79M$-31.16M$-25.08M-$-21.09M$-42.01M$-28.98M$-30.22M$-40.62M$-24.15M$-12.00M$-18.92M$-73.09M$-18.86M$-15.33M$-14.77M$-40.15M$-35.18M$-5.31M
Avg Forecast$-16.05M$-14.59M$-16.26M$-14.74M$-22.85M$-23.97M$-25.39M$-26.93M$-36.84M$-36.65M$-47.43M$-38.38M$-47.41M$-38.76M$-43.12M$-35.30M$-13.46M$-25.86M$-24.59M$-22.31M$-14.40M$-15.13M$-72.39M$-19.57M$-10.22M$-14.77M$-22.08M$-36.13M$-8.74M$-17.43M
High Forecast$-13.70M$-12.44M$-13.87M$-12.57M$-19.49M$-20.45M$-21.66M$-22.98M$-36.51M$-31.26M$-37.95M$-32.74M$-46.97M$-33.07M$-34.50M$-30.12M$-10.77M$-21.70M$-13.29M$-17.85M$-11.52M$-12.11M$-57.91M$-11.56M$-8.18M$-11.82M$-17.67M$-21.34M$-6.99M$-13.94M
Low Forecast$-18.40M$-16.72M$-18.63M$-16.89M$-26.18M$-27.46M$-29.10M$-30.86M$-37.17M$-41.99M$-56.92M$-43.98M$-47.85M$-44.42M$-51.75M$-40.45M$-16.15M$-30.67M$-33.23M$-26.77M$-17.28M$-18.16M$-86.86M$-27.17M$-12.26M$-17.72M$-26.50M$-50.16M$-10.49M$-20.92M
Surprise %-----------0.52%0.66%0.65%-0.60%3.12%1.12%1.23%1.82%1.68%0.79%0.26%3.73%1.84%1.04%0.67%1.11%4.02%0.30%

FuelCell Energy's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FCEL's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

FuelCell Energy SG&A Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts1111---2422363333233333991499158
SG&A-----------$16.40M$16.89M$17.56M-$15.01M$15.26M$14.16M$13.23M$36.97M$10.68M$8.66M$9.67M$8.93M$7.60M$6.61M$7.17M$5.27M$8.25M$7.06M
Avg Forecast$20.88M$23.00M$19.43M$22.38M$24.17M$24.15M$21.86M$18.14M$20.81M$11.67M$10.99M$13.28M$12.91M$14.28M$13.15M$13.85M$9.72M$18.47M$16.80M$9.86M$10.39M$7.74M$14.07M$11.40M$4.40M$7.17M$2.90M$7.69M$5.94M$8.75M
High Forecast$23.22M$25.58M$21.62M$24.89M$26.89M$26.86M$24.31M$21.53M$22.73M$12.98M$12.23M$14.77M$13.36M$15.88M$14.63M$15.40M$11.66M$21.11M$21.35M$11.83M$12.47M$9.28M$16.88M$14.81M$5.29M$8.60M$3.48M$9.99M$7.71M$10.50M
Low Forecast$18.52M$20.40M$17.24M$19.85M$21.44M$21.43M$19.39M$14.75M$19.43M$10.36M$9.75M$11.78M$12.41M$12.67M$11.66M$12.28M$7.78M$16.19M$10.87M$7.89M$8.32M$6.19M$11.25M$7.81M$3.52M$5.73M$2.32M$5.27M$4.07M$7.00M
Surprise %-----------1.24%1.31%1.23%-1.08%1.57%0.77%0.79%3.75%1.03%1.12%0.69%0.78%1.73%0.92%2.47%0.68%1.39%0.81%

FuelCell Energy's average Quarter SG&A projection for May 24 is $10.99M, based on 2 Wall Street analysts, with a range of $9.75M to $12.23M. The forecast indicates a -32.96% fall compared to FCEL last annual SG&A of $16.40M (Jan 24).

FuelCell Energy EPS Forecast

Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
# Analysts1111---2422363333233333991499158
EPS-----------$-0.04$-0.00$-0.00-$-0.05$-0.10$-0.07$-0.08$-0.11$-0.07$-0.04$-0.06$-0.23$-0.07$-0.07$-0.07$-0.20$-0.23$-0.12
Avg Forecast$-0.03$-0.03$-0.03$-0.03$-0.05$-0.05$-0.05$-0.05$-0.07$-0.07$-0.08$-0.08$-0.09$-0.08$-0.08$-0.07$-0.06$-0.06$-0.05$-0.05$-0.03$-0.06$-0.05$-0.04$-0.04$-0.06$-0.07$-0.08$-0.11$-1.05
High Forecast$-0.03$-0.02$-0.03$-0.02$-0.04$-0.04$-0.04$-0.05$-0.07$-0.06$-0.06$-0.07$-0.09$-0.07$-0.07$-0.06$-0.06$-0.05$-0.03$-0.03$-0.02$-0.03$-0.03$-0.03$-0.03$-0.04$-0.04$-0.05$-0.06$-0.62
Low Forecast$-0.04$-0.03$-0.04$-0.03$-0.05$-0.05$-0.06$-0.06$-0.07$-0.08$-0.09$-0.09$-0.10$-0.09$-0.09$-0.08$-0.07$-0.07$-0.07$-0.07$-0.04$-0.08$-0.07$-0.06$-0.06$-0.09$-0.09$-0.11$-0.15$-1.46
Surprise %-----------0.57%0.00%0.00%-0.74%1.55%1.31%1.49%2.20%2.29%0.64%1.20%5.31%1.70%1.11%1.05%2.50%2.09%0.11%

According to undefined Wall Street analysts, FuelCell Energy's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FCEL previous annual EPS of $NaN (undefined).

FuelCell Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MVSTMicrovast$0.22$8.003536.36%Buy
FREYFREYR Battery$1.01$19.001781.19%Buy
PLUGPlug Power$1.96$24.221135.71%Buy
FCELFuelCell Energy$0.48$3.07539.58%Hold
BEBloom Energy$10.20$22.54120.98%Buy
EOSEEos Energy Enterprises$2.73$6.00119.78%Buy
ENVXEnovix$9.70$21.17118.25%Buy
PPSIPioneer Power Solutions$4.84$9.0085.95%Buy

FCEL Forecast FAQ


No, according to 9 Wall Street analysts, FuelCell Energy (FCEL) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of FCEL's total ratings.

FuelCell Energy (FCEL) average price target is $3.07 with a range of $1.25 to $5.75, implying a 538.39% from its last price of $0.481. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FCEL stock, the company can go up by 538.39% (from the last price of $0.481 to the average price target of $3.07), up by 1095.67% based on the highest stock price target, and up by 159.93% based on the lowest stock price target.

FCEL's average twelve months analyst stock price target of $3.07 supports the claim that FuelCell Energy can reach $1 in the near future.

1 Wall Street analyst forecast a $1.25 price target for FuelCell Energy (FCEL) this month, up 159.93% from its last price of $0.481. Compared to the last 3 and 12 months, the average price target increased by 159.93% and increased by 195.28%, respectively.

FuelCell Energy's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $171.24M (high $193.07M, low $149.29M), average EBITDA is $-151M (high $-132M, low $-171M), average net income is $-99.141M (high $-84.579M, low $-114M), average SG&A $88.33M (high $99.59M, low $77.01M), and average EPS is $-0.197 (high $-0.168, low $-0.226). FCEL's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $166.13M (high $184.77M, low $147.36M), average EBITDA is $-147M (high $-130M, low $-163M), average net income is $-61.638M (high $-52.585M, low $-70.63M), average SG&A $85.69M (high $95.31M, low $76.01M), and average EPS is $-0.122 (high $-0.105, low $-0.14).

Based on FuelCell Energy's last annual report (Oct 2022), the company's revenue was $130.48M, which missed the average analysts forecast of $140.46M by -7.10%. Apple's EBITDA was $-140M, beating the average prediction of $-83.304M by 68.08%. The company's net income was $-147M, beating the average estimation of $-86.216M by 70.77%. Apple's SG&A was $79.62M, beating the average forecast of $54.85M by 45.16%. Lastly, the company's EPS was $-0.38, beating the average prediction of $-0.226 by 68.06%. In terms of the last quarterly report (Jan 2024), FuelCell Energy's revenue was $16.69M, missing the average analysts' forecast of $25.74M by -35.16%. The company's EBITDA was $-42.478M, beating the average prediction of $-22.767M by 86.58%. FuelCell Energy's net income was $-19.793M, missing the average estimation of $-38.38M by -48.43%. The company's SG&A was $16.4M, beating the average forecast of $13.28M by 23.51%. Lastly, the company's EPS was $-0.0438, missing the average prediction of $-0.0763 by -42.58%