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.

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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) reported third-quarter FY21 revenue growth of 43% year-over-year to $26.82 million, beating the consensus of $20.69 million. EPS improved to $(0.04) from $(0.07) in 3Q20, beating the consensus of $(0.05).

FuelCell Energy Stock Surges After Q3 Beat

FuelCell Energy Inc (NASDAQ: FCEL) is trading higher Tuesday after the company announced better-than-expected third-quarter fiscal 2021 financial results.  FuelCell reported a quarterly earnings loss of 4 cents per share, which beat the estimate for a loss of 5 cents per share.

Why FuelCell Shares Are Trading Higher Today

Shares of FuelCell Energy Inc. FCEL, +0.72% shot up 10.7% in premarket trading Tuesday, after the fuel cell technology company reported a rare narrower-than-expected fiscal third-quarter net loss, helped by higher gross margin, and revenue that rose above forecasts. The net loss narrowed to $12.8 million, or 4 cents a share, from $16.1 million, or 7 cents a share, in the same period a year ago.

FuelCell's stock soars after narrower-than-expected loss snaps long streak of misses

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

FuelCell Energy Reports Results for the Third Quarter of Fiscal 2021

Kroger

Novavax

Dave & Buster's

Novavax, FuelCell Energy, Kroger and Dave & Buster's were our top stock trades for Monday. Let's look at the charts after a busy Friday.

4 Top Stock Trades for Monday: NVAX, FCEL, KR, PLAY

FCEL Stock will continue to have a torrid time on its journey towards profitability The post FuelCell Energy Stock: The Turn-Around Isn't On The Cards Anytime Soon appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Analyst Who Found Microsoft at $0.38 Names #1 Pick for the AI Boom America's #1 EV Stock Still Flying Under the Radar

FuelCell Energy Stock: The Turn-Around Isn't On The Cards Anytime Soon

FuelCell Energy (FCEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will FuelCell Energy (FCEL) Report Negative Q3 Earnings? What You Should Know

DANBURY, Conn., Aug. 31, 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 the Company closed on a tax equity sale-leaseback financing transaction for the 1.4 megawatt SureSource 1500™ biofuels fuel cell project with the City of San Bernardino Municipal Water Department (SBMWD) in California with Crestmark Equipment Finance (“Crestmark”), a division of MetaBank®. Crestmark's commitment totals $10.2 million through a ten-year sale-leaseback structure and further demonstrates the market's interest in FuelCell Energy's differentiated ability to use on-site biofuels, to eliminate flaring and deliver carbon neutral decarbonization energy platforms.

FuelCell Energy Closes Tax Equity Sale-Leaseback Financing for the 1.4 MW San Bernardino Fuel Cell Project with Crestmark

If you haven't sold FuelCell Energy yet, you still have time to bail out. FCEL stock is likely to keep falling especially since the company is now making negative gross margins, indicating its business model is not working.

If You Haven't Sold FuelCell Energy Yet, You Still Have Time

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So what did the stock market do today? Investors cheered on Pfizer stock and rallied behind infrastructure plays.

What Did the Stock Market Do Today, Aug. 23? 3 Big Stories to Catch Up On.

Ballard Power Systems

Today, two key catalysts for fuel cell stocks are on watch, as investors clamor into this green energy space in a big way. The post Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today appeared first on InvestorPlace.

Fuel Cell Stocks: Why BLDP, PLUG, FCEL Stocks Are Getting Green Today

The stock price of FuelCell Energy, a company that designs, manufactures, and operates fuel cell power plants that work on natural gas or biogas, has seen its stock decline by about 3% over the last five trading days and remains down by about 12% over the last month.

Is FuelCell Energy Stock A Buy After Recent Drop?

DANBURY, Conn., Aug. 16, 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 its Board of Directors has appointed Donna Sims Wilson to serve as a new independent director, effective August 13, 2021. Ms. Sims Wilson is currently Chief Operating Officer of Kah Capital Management, an alternative asset management firm, where she serves on the Management Committee, the Investment and Risk Management Committee, and is Chairman of the Valuation Committee. Donna is an advocate of diversity, equity and inclusion initiatives, and she helps businesses break down demographic, social and geographic barriers to achieve expanded levels of success. Additionally, Donna brings extensive corporate governance experience through her international corporate board service, leadership positions with numerous not for profit boards and working closely with institutional investors and analysts.

Donna Sims Wilson Appointed to FuelCell Energy's Board of Directors

It's a case of "buy the rumor, sell the news."

Why FuelCell Energy Stock Slumped Today

FuelCell Energy Inc (NASDAQ:FCEL) shares are trading lower by 8% at $6.92 Wednesday afternoon, pulling back from yesterday's strength. The stock gained on Tuesday following Senate passage of an infrastructure bill, which is expected to benefit clean energy names.

Why FuelCell's Stock Is Falling Today

Bloom Energy

Plug Power hints at rising demand for hydrogen fuel cells even as a bipartisan infrastructure plan is passed.

Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Rallied Today

The tide may have finally turned for FuelCell Energy, Inc. (NASDAQ:FCEL). After trending lower since early June when shares reached $12, the stock has broken its downtrend line and could be ready to rally.

Has The Tide Turned For FuelCell Stock?

FuelCell Energy Inc (NASDAQ: FCEL) closed on a tax equity financing transaction with East West Bank for the 7.4 megawatts fuel cell project located on the U.S. Navy Submarine Base in Groton, CT. East West Bank's tax equity commitment totals $15 million.

FuelCell Energy Closes $15M Tax Equity Financing For 7.4 MW US Navy Submarine Base Fuel Cell Project

The stock price of FuelCell Energy Inc (NASDAQ: FCEL) increased 14.06%. This is why it happened.

FCEL Stock Price Increased 14.06%: Why It Happened

Today, FCEL stock is on the move as the company announced financing for its fuel cell project on a U.S. submarine base. The post FCEL Stock: The $15M Reason FuelCell Energy Is Powering Up Today appeared first on InvestorPlace.

FCEL Stock: The $15M Reason FuelCell Energy Is Powering Up Today

Last week was chock-full of news about fuel cell companies -- but not all the news was good.

Why Ballard Power, Plug Power, Bloom Energy, and Especially FuelCell Energy Stocks Popped Today

Shares of EV, charging and clean energy vehicle stocks, including Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL) are trading higher Monday morning. Strength is possibly related to US infrastructure optimism, as clean energy has been a focus of the Biden administration.

So What's Up With Plug Power And FuelCell Today?

Plug Power Inc (NASDAQ: PLUG) shares are trading higher by 7.8% at $28.06 after the company reported better-than-expected second-quarter sales results and raised FY21 guidance. Plug Power reported quarterly losses of 18 cents per share and quarterly sales of $124.60 million, which beat the analyst consensus estimate of $114.02 million.

Why Plug Power's And FuelCell's Stocks Are So Charged Up After Hours

Investors realized the extra risks associated with the fuel cell maker.

Here's Why FuelCell Energy Stock Plunged More Than Its Peers in July

DANBURY, Conn., Aug. 02, 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 Andrea Jones joined its team as Chief People Officer. Andrea brings extensive experience to FuelCell Energy having built a career leading HR functions for several global organizations.

News for FuelCell Energy Stock (FCEL)