FuelCell Energy

FuelCell Energy, Inc. engages in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. It develops turn-key distributed power generation solutions and provides comprehensive services for the life of the power plant. The firm's fuel cell solution is an alternative to traditional combustion-based power generation and is complementary to an energy mix consisting of intermittent sources of energy, such as solar and wind turbines. It provides solutions for various applications, including utility-scale distributed generation, on-site power generation, combined heat and power, distributed hydrogen, carbon capture and hydrogen-based long duration storage. The company's platform has the differentiating ability to do all these applications utilizing multiple sources of fuel including natural gas, renewable biogas, and propane among others sources. The company was founded in 1969 and is headquartered in Danbury, CT.

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FuelCell Energy reports revenue growth and cost management strategies

FuelCell Energy showed revenue growth and improved financial performance in Q1 2023, with a strong cash position.
Diversified revenue streams and cost management efforts are key strengths for the company.
Challenges include backlog reduction, R&D spending, and cost increases in certain contracts.
Opportunities lie in expansion plans, operational efficiencies, and clean energy initiatives for future growth.

FuelCell Energy reports strong revenue growth amidst financial challenges

FuelCell Energy reported strong revenue growth in Q2 2023 but faced financial challenges with a net loss and negative adjusted EBITDA. The company's focus on service agreements, key projects, and collaborations with Chart Industries positions it well for future growth.
While operational challenges like margin impacts and backlog decrease exist, FuelCell Energy has opportunities in distributed power generation, carbon capture solutions, and strategic partnerships. The commitment to executing the Powerhouse business strategy underscores a long-term growth outlook.
To address challenges and leverage opportunities, FuelCell Energy needs to manage financial performance, project delivery, and operational efficiency effectively. The company's emphasis on innovation, market expansion, and customer engagement will be critical for sustained success in the industry.

FuelCell Energy reports Q3 revenue decline but eyes global growth

FuelCell Energy is navigating challenges with declining revenues but maintains a strong cash position and strategic partnerships for growth.
The company's focus on renewable fuel solutions and legislative support worldwide aligns with its long-term growth strategy.
Despite facing uncertainties, FuelCell Energy remains optimistic about leveraging opportunities in global markets and maximizing benefits through tax credits and partnerships.

FuelCell Energy reports Q4 results, eyes EBITDA positivity and growth

FuelCell Energy's Q4 2023 performance reflects a decrease in revenues and a net loss, but the company maintains a strong cash position and is focused on achieving EBITDA positivity through project milestones and technology advancements.
While facing challenges in backlog reduction and lack of specific financial guidance, FuelCell Energy is capitalizing on strengths in carbon capture technology, solid oxide electrolysis, and operational efficiency to drive future growth.
Opportunities lie in planned investments, partnerships with ExxonMobil, advancements in clean energy solutions, and market expansion in Korea and hydrogen hubs, positioning FuelCell Energy for long-term success in the evolving energy landscape.
By addressing challenges, leveraging strengths, and seizing opportunities, FuelCell Energy aims to navigate uncertainties, drive innovation, and enhance market competitiveness to deliver sustainable value to stakeholders and investors.

FuelCell Energy reports Q1 revenue growth but faces cost challenges

FuelCell Energy's Q1 2024 performance reflects revenue generation but highlights the need for cost management to address significant net losses.
The company's strengths lie in its focus on clean energy solutions, solid oxide technology, and successful project execution, positioning it for future growth.
While facing challenges in cost management and funding uncertainties, FuelCell Energy has opportunities in Korea, technological advancements, and market expansion to drive revenue and innovation.

FuelCell Energy reports Q2 revenue growth and focuses on carbon capture opportunities

FuelCell Energy's Q2 2024 performance showcased revenue growth, strong cash position, and strategic cost management. Despite challenges with net loss and higher depreciation, the company emphasized technological advancements and partnerships. Opportunities lie in carbon capture applications, data center projects, and scaling the existing platform for future growth.

FuelCell Energy doubles revenue in Q4 2024, eyes growth

FuelCell Energy delivered strong financial performance in Q4 2024, doubling revenue year-over-year and ending with a solid cash position.
The company's strategic focus on core technologies and key growth areas like data centers and grid resiliency bodes well for future growth.
While facing challenges in maintaining margins and managing capacity, FuelCell Energy is poised to capitalize on opportunities in high-demand sectors.
Investors should take note of the company's positive outlook for fiscal year 2025, driven by expected revenue growth from key partnerships.

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FuelCell Energy, Inc. engages in the business of developing, designing, producing, constructing, and servicing high temperature fuel cells for clean electric power generation. It operates through the following geographical segments: the United States, South Korea, and Europe. The company was founded by Bernard Baker and Martin G. Klein in 1969 and is headquartered in Danbury, CT.

Fuelcell Energy Inc. (NASDAQ:FCEL) shares were trading higher Monday although there looks to be no company-evident news to explain the jump in price. Many renewable energy companies are pushing higher as Tesla Inc. (NASDAQ:TSLA) are trading much higher in the session.

FuelCell Energy Shares Approach Resistance: What's Next?

Air Products and Chemicals

Bloom Energy

Cummins

First Solar

Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S. listed companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas, had a tough 2021, declining by over 20% through the year, considerably underperforming the S&P 500 which was up by a.

Why Hydrogen Stocks Had A Tough 2021

On Thursday, FuelCell Energy Inc. (NASDAQ:FCEL) shares bounced back by more than 4%, trimming Wednesday's sharp post-earnings decline. The company announced its most recent quarterly results Wednesday before markets opened, missing the consensus for analyst expectations on revenue and earnings.

Is it time to invest in FuelCell stock as shares bounce back from post-earnings decline?

New Linde PLC

Plug Power

Investors can keep on a close eye on Linde plc (LIN), Plug Power (PLUG) and FuelCell Energy (FCEL) to benefit from the improving hydrogen fuel cell business.

3 Hydrogen Fuel Cell Stocks to Keep a Tab on 2022

FuelCell Energy's (FCEL) fiscal Q4 loss is wider than expected. FCEL's backlog remains unchanged from the year-ago period due to continued execution of backlog & adjustments to the generation backlog.

FuelCell (FCEL) Q4 Loss Wider Than Expected, Sales Miss

FuelCell Energy Inc (NASDAQ:FCEL) and Plug Power Inc (NASDAQ:PLUG) have plummeted about 82% and 62%, respectively, from their all-time highs reached in the first quarter of 2021, despite the SPDR S&P 500 rising about 30% higher since Jan. 4 of this year. As the 2022 trading year approaches, traders and investors interested in the fuel cell sector may be wondering which stock has more potential to gain value in the upcoming calendar year.

Chart Wars: Between Plug Power And FuelCell Energy, One Stock Appears Set To Go Higher In 2022

Disappointing earnings from FuelCell Energy is weighing on other fuel cell stocks on Wednesday. Here's the skinny on what's going on.

Fuel Cell Stocks Alert: Why Are FCEL, PLUG, BE Stocks Falling Today?

FuelCell Energy, Inc. (FCEL) CEO Jason Few on Q4 2021 Results - Earnings Call Transcript

Why FuelCell Stock Just Crashed 15%

FuelCell Energy Inc (NASDAQ: FCEL) is trading lower Wednesday morning after the company announced worse-than-expected fiscal fourth-quarter financial results. FuelCell reported a quarterly earnings loss of 7 cents per share, which came in below the estimate for a loss of 4 cents per share.

Why FuelCell Energy Shares Are Falling

FuelCell Energy Inc (NASDAQ: FCEL) reported a fourth-quarter FY21 revenue decline of 18% year-over-year to $13.94 million, missing the consensus of $21.86 million. EPS loss narrowed to $(0.07) from $(0.08) in 4Q20, missing the consensus of $(0.04).

FuelCell Energy Stock Slips After Missing Q4 Estimates

Shares of FuelCell Energy Inc. FCEL, -6.83% sank 5.1% toward 13-month low in premarket trading Wednesday, after the fuel cell technology company reported a wider-than-expected fiscal fourth-quarter loss as revenue surprisingly declined. The net loss for the quarter to Oct. 31 was $24.98 million, or 7 cents a share, after a loss of $19.66 million, or 8 cents a share, in the year-ago period.

FuelCell's stock drops toward a 13-month low after surprise decline in revenue, wider-than-expected loss

Fourth Quarter Fiscal 2021 Financial Highlights (All comparisons are year-over-year unless otherwise noted)

FuelCell Energy Reports Fourth Quarter and Fiscal Year 2021 Results

FuelCell Energy (FCEL) signs an agreement with POSCO to sell its products directly in Asia and reap the benefits of the rising demand from Asian countries.

FuelCell Energy (FCEL) Signs Deal With POSCO, Expands in Asia

FuelCell Energy Inc (NASDAQ:FCEL) shares were trading higher premarket Monday, but have since fallen and are trading slightly lower. The stock was moving after the company reached a settlement agreement in its legal dispute with POSCO Energy.

Is FuelCell Finally Making A Reversal?

FuelCell Energy Inc (NASDAQ: FCEL) has entered into a settlement agreement with POSCO Energy Co., Ltd., and its subsidiary Korea Fuel Cell Co., Ltd.

FuelCell Energy Enters Settlement Agreement With POSCO Energy

The shares of FuelCell Energy Inc (NASDAQ:FCEL) are up 5% at $6.78 this morning, following news that the company has reached a favorable settlement agreement with POSCO Energy, allowing FuelCell to sell its products in Asian markets.

Favorable Settlement Sends FuelCell Stock Higher

FuelCell Energy Inc (NASDAQ: FCEL) is trading higher Monday morning after the company reached a settlement agreement in its legal dispute with POSCO Energy. Pursuant to the agreement, FuelCell confirmed its exclusivity to sell its differentiated platform technology throughout Asia.

Why FuelCell Energy Shares Are Rising Today

DANBURY, Conn., Dec. 27, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced that POSCO Energy Co., Ltd. and its subsidiary, Korea Fuel Cell Co., Ltd., (collectively “POSCO”) have entered into a settlement agreement (the “Agreement”) with FuelCell Energy.

FuelCell Energy Reaches Favorable Settlement Agreement with POSCO Energy

FuelCell Energy (FCEL) closed the most recent trading day at $6.46, moving +0.94% from the previous trading session.

FuelCell Energy (FCEL) Outpaces Stock Market Gains: What You Should Know

FuelCell Energy's (FCEL) fiscal fourth-quarter earnings are likely to have benefited from the proper execution of projects and debt management.

FuelCell Energy (FCEL) to Report Q4 Earnings: What to Expect

FuelCell Energy (FCEL) closed the most recent trading day at $6.40, moving -0.16% from the previous trading session.

FuelCell Energy (FCEL) Stock Sinks As Market Gains: What You Should Know

DANBURY, Conn., Dec. 22, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy (Nasdaq: FCEL), a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy— today announced the upcoming release of its fourth quarter and fiscal year 2021 results prior to the Stock Market Open on Wednesday, December 29, 2021. FuelCell Energy is now classified by the Securities and Exchange Commission as a large accelerated filer, and as such the Company is required to file its annual report on form 10-K with the SEC no later than 60 days following the Company's fiscal year end of October 31st.

FuelCell Energy Announces Fourth Quarter and Fiscal Year 2021 Results Conference Call on December 29, 2021 at 8 A.M. Eastern Time

DANBURY, Conn., Dec. 17, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced that Joshua Dolger has been appointed by FuelCell Energy's Board of Directors as the Company's Executive Vice President, General Counsel and Corporate Secretary. Josh has been serving as interim General Counsel and Corporate Secretary since June 2021.

Appoints Joshua Dolger as FuelCell Energy's Executive Vice President, General Counsel and Corporate Secretary

DANBURY, Conn., Dec. 15, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy—announced today that the Company closed on a tax equity financing transaction with Franklin Park for the 7.4 megawatts (“MW”) fuel cell project located in Yaphank, Long Island, in New York (the “Project”). Franklin Park's tax equity commitment totals $12.7 million following the recent declaration of mechanical completion of the Project.

News for FuelCell Energy Stock (FCEL)