B. Riley Issues Pessimistic Forecast for FuelCell Energy (NASDAQ:FCEL) Stock Price

FuelCell Energy (NASDAQ:FCEL) had its price objective reduced by research analysts at B. Riley from $12.00 to $9.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the energy company’s stock. B. Riley’s target price would indicate a potential upside of 38.67% from the stock’s previous close. B. Riley also issued estimates for FuelCell Energy’s FY2026 earnings at ($5.57) EPS.

Several other equities analysts have also weighed in on the stock. Canaccord Genuity Group restated a “hold” rating and set a $12.00 price objective on shares of FuelCell Energy in a research report on Friday, December 20th. Jefferies Financial Group reduced their price objective on shares of FuelCell Energy from $15.00 to $8.40 and set a “hold” rating for the company in a research report on Friday, December 20th. TD Cowen raised their price objective on shares of FuelCell Energy from $2.00 to $12.00 and gave the company a “hold” rating in a research report on Friday, December 20th. StockNews.com assumed coverage on shares of FuelCell Energy in a research report on Tuesday, November 12th. They set a “sell” rating for the company. Finally, UBS Group reduced their price objective on shares of FuelCell Energy from $15.00 to $13.75 and set a “neutral” rating for the company in a research report on Tuesday, December 3rd. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $10.03.

FuelCell Energy Stock Performance

Shares of FCEL opened at $6.49 on Wednesday. The firm has a 50-day moving average price of $8.15 and a 200 day moving average price of $9.83. The firm has a market capitalization of $137.22 million, a PE ratio of -0.82 and a beta of 3.71. The company has a quick ratio of 4.48, a current ratio of 6.01 and a debt-to-equity ratio of 0.20. FuelCell Energy has a 52-week low of $5.12 and a 52-week high of $37.20.

FuelCell Energy (NASDAQ:FCEL) last posted its quarterly earnings data on Tuesday, March 11th. The energy company reported ($1.42) earnings per share for the quarter, beating the consensus estimate of ($1.52) by $0.10. FuelCell Energy had a negative net margin of 113.09% and a negative return on equity of 18.58%. The company had revenue of $19.00 million during the quarter, compared to analyst estimates of $35.37 million. During the same quarter last year, the firm posted ($1.25) EPS. On average, sell-side analysts anticipate that FuelCell Energy will post -6.11 earnings per share for the current fiscal year.

Institutional Trading of FuelCell Energy

A number of hedge funds have recently bought and sold shares of FCEL. Canada Pension Plan Investment Board bought a new position in FuelCell Energy during the fourth quarter valued at approximately $30,000. Integrated Wealth Concepts LLC raised its position in FuelCell Energy by 7.5% during the third quarter. Integrated Wealth Concepts LLC now owns 74,021 shares of the energy company’s stock valued at $28,000 after acquiring an additional 5,150 shares in the last quarter. Squarepoint Ops LLC bought a new position in FuelCell Energy during the fourth quarter valued at approximately $99,000. ExodusPoint Capital Management LP bought a new position in FuelCell Energy during the fourth quarter valued at approximately $112,000. Finally, Aristides Capital LLC bought a new position in FuelCell Energy during the fourth quarter valued at approximately $170,000. 42.78% of the stock is owned by hedge funds and other institutional investors.

FuelCell Energy Company Profile

FuelCell Energy, Inc, together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.