
FuelCell Energy (FCEL) Stock Forecast & Price Target
FuelCell Energy (FCEL) Analyst Ratings
Bulls say
FuelCell Energy is positioned for growth through the support of the Investment Tax Credit (ITC), which may facilitate project acquisition among cost-sensitive commercial and industrial customers, enhancing deployment confidence for developers and investors. The company anticipates favorable project economics by gaining access to stable fuel in key markets, supported by ongoing discussions with data center clients driven by Distributed Energy Resource Deployment Programs (DPP). Furthermore, management projects that reaching a production volume of 100MW will lead to adjusted EBITDA positivity, thereby strengthening the financial outlook as backlog builds.
Bears say
FuelCell Energy Inc. experienced a significant decline in advanced technology contract revenues, which fell approximately 38.4% to around $5.2 million in F3Q25 from $8.6 million in F2Q24, indicating potential challenges in its revenue-generating capabilities. Additionally, a decrease in generation revenue was noted, attributed to lower output from the operating portfolio due to routine maintenance, further compounding concerns about operational efficiency. Finally, the company's cash position slightly decreased to approximately $236.9 million, reflecting a minor decline of 1.3% from the previous quarter, which raises questions about liquidity and financial stability moving forward.
This aggregate rating is based on analysts' research of FuelCell Energy and is not a guaranteed prediction by Public.com or investment advice.
FuelCell Energy (FCEL) Analyst Forecast & Price Prediction
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