FUELCELL ENERGY INC (FCEL) Forecast, Price Target & Analyst Ratings

NASDAQ:FCELUS35952H7008

Current stock price

6.41 USD
+0.14 (+2.23%)
At close:
6.3 USD
-0.11 (-1.72%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FUELCELL ENERGY INC (FCEL).

Forecast Snapshot

Consensus Price Target

Price Target
$8.41
+ 31.15% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 4, 2026
Period
Q2 / 2026
EPS Estimate
-$0.53
Revenue Estimate
42.505M

ChartMill Buy Consensus

Rating
49.23%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$8.41
Upside
+ 31.15%
From current price of $6.41 to mean target of $8.41, Based on 13 analyst forecasts
Low
$6.06
Median
$7.78
High
$12.60

Price Target Revisions

1 Month
-5.36%
3 Months
-3.13%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for FCEL. The average price target is 8.41 USD. This implies a price increase of 31.15% is expected in the next year compared to the current price of 6.41.
The average price target has been revised downward by 3.13% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

FCEL Current Analyst RatingFCEL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

FCEL Historical Analyst RatingsFCEL Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
49.23%
FCEL was analyzed by 13 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about FCEL.
In the previous month the buy percentage consensus was at a similar level.
FCEL was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-10Wells FargoMaintains Underweight -> Underweight
2025-12-19Canaccord GenuityMaintains Hold -> Hold
2025-09-17UBSMaintains Neutral -> Neutral
2025-09-15Canaccord GenuityMaintains Hold -> Hold
2025-06-13B. Riley SecuritiesMaintains Neutral -> Neutral
2025-03-12B. Riley SecuritiesMaintains Neutral -> Neutral
2024-12-20Canaccord GenuityMaintains Hold -> Hold
2024-12-20JefferiesMaintains Hold -> Hold
2024-12-03UBSMaintains Neutral -> Neutral
2024-11-13Wells FargoMaintains Underweight -> Underweight
2024-09-06Canaccord GenuityMaintains Hold -> Hold
2024-08-06UBSMaintains Neutral -> Neutral
2024-03-08B. Riley SecuritiesMaintains Neutral -> Neutral
2024-03-08Canaccord GenuityMaintains Hold -> Hold
2023-09-13Canaccord GenuityMaintains Hold -> Hold
2023-09-12Wells FargoMaintains Underweight -> Underweight
2022-12-21B. Riley SecuritiesMaintains Neutral
2022-12-14UBSInitiate Neutral
2022-06-10Craig-HallumMaintains Hold
2022-01-05KeybancInitiate Sector Weight
2021-12-30B. Riley SecuritiesMaintains Neutral
2021-12-30Canaccord GenuityMaintains Hold
2021-06-11Canaccord GenuityMaintains Hold
2021-04-20Wells FargoInitiate Underweight
2021-04-16B. Riley FBRInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 4, 2026
Period
Q2 / 2026
EPS Estimate
-$0.53
Revenue Estimate
42.505M
Revenue Q2Q
13.63%
EPS Q2Q
70.53%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
-3.83%
Revenue (3 Months)
-2.60%
EPS (1 Month)
12.61%
EPS (3 Months)
12.61%

Next Earnings Summary

FCEL is expected to report earnings on 6/4/2026. The consensus EPS estimate for the next earnings is -0.53 USD and the consensus revenue estimate is 42.51M USD.
The next earnings revenue estimate has been revised downward by 2.6% in the past 3 months.

Full Analyst Estimates 2026 - 2031

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
FCEL revenue by date.FCEL revenue by date.
123.394M
-5.45%
112.132M
-9.13%
158.162M
41.05%
165.71M
4.77%
236.07M
42.46%
365.96M
55.02%
505.72M
38.19%
598.78M
18.40%
521.22M
-12.95%
EBITDA
YoY % growth
FCEL ebitda by date.FCEL ebitda by date.
-110.709M
9.57%
-118.433M
-6.98%
-79.53M
32.85%
-39.323M
50.56%
-26.444M
32.75%
6.49M
124.54%
53.248M
720.46%
122.01M
129.14%
196.86M
61.35%
EBIT
YoY % growth
FCEL ebit by date.FCEL ebit by date.
-136.084M
5.30%
-154.626M
-13.63%
-119.93M
22.44%
-95.595M
20.29%
-96.699M
-1.16%
-71.182M
26.39%
-35.557M
50.05%
15.037M
142.29%
67.32M
347.70%
Operating Margin
FCEL operating margin by date.FCEL operating margin by date.
-110.28%-137.90%-75.83%-57.69%-40.96%-19.45%-7.03%2.51%12.92%
EPS
YoY % growth
FCEL eps by date.FCEL eps by date.
-8.10
15.62%
-7.74
4.44%
-5.10
34.11%
-2.40
52.92%
-2.30
4.09%
-0.82
64.24%
N/AN/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28 Q1 / 29
EPS
Q2Q % growth
-0.53
70.53%
-0.52
54.38%
-0.54
33.62%
-0.49
5.77%
-0.42
19.79%
-0.41
21.17%
-0.39
27.84%
-0.39
20.69%
-0.25
41.66%
-0.24
42.28%
-0.22
43.48%
-0.27
30.45%
Revenue
Q2Q % growth
42.505M
13.63%
43.837M
-6.22%
48.287M
-12.23%
56.722M
85.78%
59.096M
39.03%
66.54M
51.79%
70.23M
45.44%
54.732M
-3.51%
76.564M
29.56%
79.876M
20.04%
83.121M
18.36%
80.271M
46.66%
EBITDA
Q2Q % growth
-10.536M
29.61%
-10.354M
-377.14%
-10.926M
-175.69%
-2.652M
83.19%
-1.428M
86.45%
-3.162M
69.46%
2.448M
122.40%
N/AN/AN/AN/AN/A
EBIT
Q2Q % growth
-23.367M
34.74%
-24.186M
9.91%
-24.804M
4.47%
-25.398M
3.39%
-25.285M
-8.21%
-25.483M
-5.36%
-25.3M
-2.00%
N/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FCEL Yearly Revenue VS EstimatesFCEL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 100M 200M 300M 400M 500M
FCEL Yearly EPS VS EstimatesFCEL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 -200 -400 -600

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
22.51%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
34.38%
Revenue Next 5 Year
31.75%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
27.64%
EBIT Next 5 Year
28.44%

FUELCELL ENERGY INC / FCEL Forecast FAQ

What is the price target for FCEL stock?

13 analysts have analysed FCEL and the average price target is 8.41 USD. This implies a price increase of 31.15% is expected in the next year compared to the current price of 6.41.

Can you provide the upcoming earnings date for FUELCELL ENERGY INC?

FUELCELL ENERGY INC (FCEL) will report earnings on 2026-06-04, before the market open.

What are the consensus estimates for FCEL stock next earnings?

The consensus EPS estimate for the next earnings of FUELCELL ENERGY INC (FCEL) is -0.53 USD and the consensus revenue estimate is 42.51M USD.

How many analysts cover FUELCELL ENERGY INC (FCEL) stock?

The number of analysts covering FUELCELL ENERGY INC (FCEL) is 13.