FCELFCELIndustrials · Electrical Equipment & Parts

FCEL Stock Forecast: FuelCell Energy, Inc. Price Predictions for 2026-2027

Last close, 3 Aug 2026
$21
−1.25% on the day

The 8 Wall Street analysts covering FuelCell Energy, Inc. hold a median 12-month price target of $26 — +19.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 1 Aug 2026 — in the upper half.

Market cap
$1.7B
Ticker Nerd rank
55 / 100
Median analyst target
$26
Analysts covering
8
Total return, dividends reinvested
1W
−0.7%
1M
−24.1%
YTD
+191.9%
1Y
+352.1%
From 52W high
−40.7%
From 52W low
+444.4%
$4
$36
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FCEL stock analysis: one number for the whole business

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.

Where the model ranks itAs at 1 Aug 2026
55 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
92
Momentum
87
Accruals
80
Revisions
56
Size
38
Quality
37
Value
36
Volatility
31
Issuance
14

Growth (92): Sales and profits are climbing, and climbing faster than before.

Issuance (14): The company has been issuing shares or taking on financing, diluting existing holders.

The rank is the raw material. Whether the rules would actually own FuelCell Energy, Inc. — and when they’d sell — is the membership.

Wall Street

FCEL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FCEL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$5$10$15$20$25$30$35Oct 25Jan 26Apr 26Jul 26FCELHigh $32Median $26Low $8

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says8 analysts
4 Buy2 Hold2 Sell
Low $8Median $26High $32

The green dot is the last close — the median target sits +19.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
14 July 2026UBSUpgradeBuy$22$27
29 June 2026B. Riley SecuritiesUpgradeBuy
26 June 2026JefferiesUpgradeBuy
26 June 2026UBSMaintainsNeutral
16 June 2026Wells FargoMaintainsUnderweight
10 June 2026JefferiesMaintainsHold
9 June 2026B. Riley SecuritiesMaintainsNeutral
9 June 2026Canaccord GenuityUpgradeBuy
9 June 2026TD CowenMaintainsHold
10 Mar 2026Wells FargoMaintainsUnderweight
19 Dec 2025Canaccord GenuityMaintainsHold
17 Sept 2025UBSMaintainsNeutral
15 Sept 2025Canaccord GenuityMaintainsHold
13 June 2025B. Riley SecuritiesMaintainsNeutral
12 Mar 2025B. Riley SecuritiesMaintainsNeutral
20 Dec 2024Canaccord GenuityMaintainsHold
20 Dec 2024JefferiesMaintainsHold
3 Dec 2024UBSMaintainsNeutral
13 Nov 2024Wells FargoMaintainsUnderweight$30$5.00
6 Sept 2024Canaccord GenuityMaintainsHold$1.50$1.25

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

FCEL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
2
Analysts cutting
0
Fundamentals

FuelCell Energy, Inc. (FCEL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−2.9×

Cheaper than 87% of US stocks

Price / sales
10.2×

Cheaper than 14% of US stocks

Price / book
1.9×

Cheaper than 47% of US stocks

EV / EBITDA
−17.6×

Cheaper than 88% of US stocks

Growth & margins
Revenue growth (YoY)
−4.9%

Higher than 21% of US stocks

Earnings growth (YoY)
−4.9%

Higher than 31% of US stocks

Gross margin
−36.3%

Higher than 3% of US stocks

Operating margin
−99.3%

Higher than 14% of US stocks

Net margin
−132.4%

Higher than 4% of US stocks

Returns & dividend
Return on equity
−30.7%

Higher than 27% of US stocks

Return on assets
−7.7%

Higher than 29% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

FCEL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelElectrical Equipment & Parts
CompanyMarket capTKN rank
FCELFuelCell Energy, Inc.$1.7B
55
PLPCPreformed Line Products Co.$1.7B
88
ENREnergizer Holdings, Inc.$1.4B
67
AMPXAmprius Technologies, Inc.$1.3B
77
ATKRAtkore, Inc.$2.5B
89
EOSEEos Energy Enterprises, Inc.$1.2B
12
TET1 Energy, Inc.$1.1B
38
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FCEL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest FCEL news & analysis

FuelCell Energy Shares Dip as Traders Take Profits After Microsoft Capex Surge

Benzinga · 31 July 2026neutral

FuelCell Energy shares traded lower on Friday as traders pulled back following recent AI-driven power demand enthusiasm. The dip is attributed to profit-taking after a surge tied to Microsoft's capital expenditure increase.

Why it matters — The share price movement reflects how trader sentiment around AI power demand can affect FuelCell Energy's stock in the short term.

Bloom Energy Soars 28%, FuelCell Energy Rockets 27% as Q2 Results Sink In and Mizuho Upgrades

24/7 Wall Street · 30 July 2026positive

FuelCell Energy shares surged 27% alongside Bloom Energy's 28% rally, following Bloom's strong Q2 results and an upgrade from Mizuho.

Why it matters — A large price move in a peer fuel-cell company like Bloom Energy, driven by positive industry sentiment and analyst upgrades, can spill over to affect investor perception of FuelCell Energy.

Bloom Energy Sinks 13%, FuelCell Drops 7%, Plug Power Falls 4% Ahead of Bloom's Q2 Report

24/7 Wall Street · 28 July 2026negative

FuelCell Energy shares fell 7% alongside a broad selloff in hydrogen and fuel cell stocks, led by Bloom Energy dropping 13% ahead of Bloom's Q2 2026 earnings report after the close on Tuesday.

Why it matters — As a peer in the hydrogen and fuel cell sector, FuelCell Energy's stock moved in sympathy with Bloom Energy's pre-earnings decline, reflecting broader market sentiment toward the industry.

How FuelCell Energy Supports Smarter Manufacturing Operations

Zacks Investment Research · 27 July 2026positive

FuelCell Energy's high-temperature fuel cell systems generate electricity, steam, and process heat for manufacturers, while power purchase agreements (PPAs) reduce their upfront capital costs.

Why it matters — This highlights how FCEL's technology and financial model can make manufacturing operations more efficient and cost-effective, potentially expanding its market appeal.

Bloom Energy Tumbles 13%, FuelCell Energy Drops 9%, Plug Power Slips 4% in Fuel-Cell Selloff

24/7 Wall Street · 24 July 2026negative

Bloom Energy shares tumbled 13%, dragging peers lower across the hydrogen and fuel-cell complex. FuelCell Energy dropped 9% and Plug Power slipped 4% in a broad fuel-cell selloff.

Why it matters — The selloff shows that negative sentiment toward one major fuel-cell company is spilling over to the entire sector, including FCEL.

FAQ

Frequently asked questions about FCEL stock

What is the FCEL stock price forecast for 2026-2027?

The 8 Wall Street analysts covering FuelCell Energy, Inc. have a median 12-month price target of $26, with estimates ranging from $8 to $32. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FCEL stock a buy right now?

Of the 8 analysts covering FuelCell Energy, Inc., 4 rate it a Buy, 2 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks FuelCell Energy, Inc. 55 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FCEL?

As at 1 Aug 2026, FuelCell Energy, Inc. ranks 55 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 Growth (92 of 100).

Will FCEL stock go up?

No one can know that. What the data says: the median 12-month target from 8 analysts implies +19.5% from the last close, and Ticker Nerd's factor model ranks FuelCell Energy, Inc. 55 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FCEL stock forecast for 2030?

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.

How has FCEL stock performed over the past year?

FuelCell Energy, Inc. returned +352.1% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does FuelCell Energy, Inc. do?

FuelCell Energy, Inc. is a clean technology company that develops, manufactures, installs, operates, and maintains high-temperature fuel cell systems for large-scale power generation.

What is the latest news on FCEL?

The most recent item we track (Benzinga, 31 July 2026): "FuelCell Energy Shares Dip as Traders Take Profits After Microsoft Capex Surge". FuelCell Energy shares traded lower on Friday as traders pulled back following recent AI-driven power demand enthusiasm. The dip is attributed to profit-taking after a surge tied to Microsoft's capital expenditure increase.

Company

About FuelCell Energy, Inc.

FuelCell Energy, Inc. is a clean technology company that develops, manufactures, installs, operates, and maintains high-temperature fuel cell systems for large-scale power generation. FuelCell Energy provides solutions for utilities, industrial sites, data centers, and municipal customers, with offerings that support on-site electricity production, utility-scale power, carbon capture, local hydrogen production, and long-duration energy storage. Its portfolio centers on megawatt-scale systems designed to deliver continuous, low-emission energy and integrated emissions management. The company serves markets across the United States, South Korea, Europe, and Canada, positioning FuelCell Energy as a specialist in distributed energy infrastructure and advanced fuel cell applications.

CEO Mr. Jason B. Few · 629 employees · United States · https://www.fuelcellenergy.com