FCELIndustrials · Electrical Equipment & PartsThe 11 Wall Street analysts covering FuelCell Energy, Inc. hold a median 12-month price target of $21 — +99.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 19 of 100 as at 4 Nov 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores FuelCell Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Accruals (70): Reported profit is backed by cash, and the company is not expanding recklessly.
Issuance (12): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on FCEL, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +99.2% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 Sept 2026 | Oppenheimer | Initiates | Outperform | $24 |
| 24 Sept 2026 | Barclays | Initiates | Equal-Weight | $20 |
| 15 Sept 2026 | Citigroup | Initiates | Neutral | $19 |
| 15 Sept 2026 | Citigroup | Initiates | Neutral | — |
| 8 Sept 2026 | Jefferies | Maintains | Buy | $24 → $20 |
| 8 Sept 2026 | Jefferies | Maintains | Buy | — |
| 3 Sept 2026 | Canaccord Genuity | Maintains | Buy | $30 |
| 3 Sept 2026 | Canaccord Genuity | Maintains | Buy | — |
| 14 July 2026 | UBS | Upgrade | Buy | $22 → $27 |
| 14 July 2026 | UBS | Upgrade | Buy | — |
| 29 June 2026 | B. Riley Securities | Upgrade | Buy | — |
| 26 June 2026 | Jefferies | Upgrade | Buy | — |
| 26 June 2026 | UBS | Maintains | Neutral | — |
| 16 June 2026 | Wells Fargo | Maintains | Underweight | — |
| 10 June 2026 | Jefferies | Maintains | Hold | — |
| 9 June 2026 | B. Riley Securities | Maintains | Neutral | — |
| 9 June 2026 | Canaccord Genuity | Upgrade | Buy | — |
| 9 June 2026 | TD Cowen | Maintains | Hold | — |
| 10 Mar 2026 | Wells Fargo | Maintains | Underweight | — |
| 19 Dec 2025 | Canaccord Genuity | Maintains | Hold | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The model tests each one against its peers. 10 pass every test this week.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, FuelCell Energy, Inc. returned +42.4% against +14.8% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 85% of US stocks
Cheaper than 21% of US stocks
Cheaper than 73% of US stocks
Cheaper than 80% of US stocks
Higher than 9% of US stocks
Higher than 17% of US stocks
Higher than 2% of US stocks
Higher than 12% of US stocks
Higher than 5% of US stocks
Higher than 31% of US stocks
Higher than 28% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
FuelCell Energy, Inc. has a market value of $839.5M and an enterprise value of $415.3M.
Revenue in the twelve months to 31 July 2026: $154.1M. The latest quarter shrank 29.4% year on year.
Net income over the same four quarters: −$178.3M, a −115.7% net margin.
Diluted earnings per share, trailing twelve months: $−3.43.
Free cash flow in the twelve months to 31 July 2026: −$113.2M, after $16.9M of capital spending.
FuelCell Energy, Inc. spent $3.2M on dividends in the twelve months to 31 July 2026.
Trailing P/E: −1.5×; forward P/E: −10.9× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
FuelCell Energy, Inc. employs 424 people — $364K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own FuelCell Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
The Law Offices of Howard G. announced a suit alleging FuelCell Energy failed to disclose key facts to investors between June 24 and September 1, 2026. The notice says the lead plaintiff deadline is November 10, 2026.
Why it matters — The allegations and deadline are relevant to FCEL watchers following the company’s legal and disclosure issues.
Zacks Investment Research highlighted FuelCell Energy’s modular fuel-cell technology, citing its efficiency, scalable capacity, and reduced local air pollution. The technology is presented as offering utilities flexibility as power needs change.
Why it matters — The item describes features that may be relevant to FCEL watchers assessing the company’s utility and independent power producer applications.
The 11 Wall Street analysts covering FuelCell Energy, Inc. have a median 12-month price target of $21, with estimates ranging from $8 to $32. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 11 analysts covering FuelCell Energy, Inc., 6 rate it a Buy, 3 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks FuelCell Energy, Inc. 19 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 4 Nov 2026, FuelCell Energy, Inc. ranks 19 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (70 of 100).
No one can know that. What the data says: the median 12-month target from 11 analysts implies +99.2% from the last close, and Ticker Nerd's factor model ranks FuelCell Energy, Inc. 19 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering FuelCell Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FCEL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $8 to $32 over the next 12 months.
FuelCell Energy, Inc. returned +42.4% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
FuelCell Energy Inc. is a clean energy technology company that develops and services high-temperature fuel cell systems for on-site power generation.
The most recent item we track (PRNewsWire, 4 Nov 2026): "What Does FuelCell Energy, Inc.'s 15.69% Stock Drop Mean for Investors? The Law Offices of Howard G.". The Law Offices of Howard G. announced a suit alleging FuelCell Energy failed to disclose key facts to investors between June 24 and September 1, 2026. The notice says the lead plaintiff deadline is November 10, 2026.
FuelCell Energy Inc. is a clean energy technology company that develops and services high-temperature fuel cell systems for on-site power generation. The company’s commercial offerings include carbonate fuel cell platforms that produce electricity with low emissions and high efficiency, along with solutions for distributed hydrogen production and electrolysis. FuelCell Energy Inc. also provides engineering, installation, operation, and maintenance services, positioning itself as a full-service energy solutions provider rather than a standalone equipment supplier. Its systems are used by utilities, industrial facilities, data centers, and other commercial customers that require reliable baseload power and lower-carbon energy infrastructure. The company operates in markets focused on clean electricity, hydrogen, and emissions management, making it a notable participant in the transition toward distributed and decentralized energy systems.
CEO Mr. Jason B. Few · 424 employees · United States · https://www.fuelcellenergy.com
