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.

Plug Power

Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL) are leaders in the clean energy manufacturing industry, but how have investors in the popular-again hydrogen fuel cell systems space managed over the last year? Here's how Plug Power vs.

Plug Power Vs. FuelCell: Which Clean Energy Stock Has Performed Better Over The Last Year?

Bloom Energy

Ballard Power Systems

Fusion Fuel Green

Ballard Power looks like the best of a bad bunch.

Why Fuel Cell Stocks Are Sinking Today

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

What's Going On With FuelCell Shares Today?

Can Bloom Energy succeed in doing what other fuel cell companies couldn't do?

Better Buy: FuelCell Energy vs. Bloom Energy

Enthusiasm for this familiar fuel cell name quickly waned after a troubling earnings report.

Why Shares of FuelCell Energy Slipped 20% in the First Half of 2021

Chevron

Equinor

Fluor

Siemens AG

Exxon Mobil

Carbon capture and storage/sequestration ("CCS") is needed mostly to help remove CO2 gases from power plants escaping into the atmosphere and to reduce global emissions. The CCS market size is projected to grow from USD 1.75 billion in 2019 to USD 6.3 billion by 2027, exhibiting a CAGR of 19.2% during the forecast period (2021-2028).

Carbon Capture And Storage Companies To Consider

DANBURY, Conn., July 12, 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 it has received a favorable ruling in a court case filed in the Court of Chancery in Delaware by POSCO Energy Co., Ltd. (POSCO Energy). On July 9, 2021, the Court issued a post-trial ruling denying POSCO Energy's summary statutory demand to inspect the Company's books and records because POSCO Energy lacks a proper purpose.  The Court held that the totality of the circumstances, including the fact this was the seventh legal action POSCO Energy initiated against the Company within the span of nine months, confirmed that POSCO Energy's purpose in initiating the books and records demand and filing the complaint was not proper.

FuelCell Energy Receives Court Case Win in the Court of Chancery in Delaware Versus Posco Energy

Due to FuelCell's dismal results and gigantic valuation, FCEL stock should be sold now. But it could turn into a buy down the road.

FuelCell's Outlook Has Strengthened, But FCEL Stock Remains a Sell

DANBURY, Conn., July 01, 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 the completion of site construction and commencement of commercial operation for its 1.4 megawatt SureSource 1500™ biofuels fuel cell project with the City of San Bernardino Municipal Water Department (SBMWD) in California. FuelCell Energy's platform eliminates the need for another flare in California. FuelCell Energy offers the only fuel cell power generation platform approved by the California Air Resource Board (CARB) for use with on-site biofuels. The commercial operation of this project adds 1.4 megawatts to the Company's generation fleet portfolio, bringing the total to 34 megawatts.

San Bernardino Renewable BioFuels Project Achieves Commercial Operation

The shares of Fuelcell Energy Inc (NASDAQ:FCEL) are down 2.2% to trade at $9.08 at last check, after the 20-day moving average rejected the stock's earlier attempt at a run higher.

Options Bulls Bet on Upside for Beaten Fuelcell Stock

Shares of several clean-energy companies, including Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL), are trading higher on optimism the sector will benefit from the U.S. infrastructure bill. Plug Power provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe.

Why Plug Power And FuelCell Shares Are Trading Higher Today

FuelCell Energy Inc (NASDAQ:FCEL) shares were trading lower by 1.3% at $9.22 Wednesday in sympathy with clean energy manufacturing peer Plug Power Inc (NASDAQ:PLUG) after Canaccord Genuity downgraded Plug Power from Buy to Hold and lowered its price target from $69 to $31. Barclays analyst Moses Sutton also maintained Plug Power Wednesday with an Underweight rating and raised the price target from $24 to $27.

Why FuelCell Shares Are Moving Today

Fuel cell stocks generated multibagger returns last year. Can they do it again?

Fuel Cell Stocks Are More Than 40% Off Their 2021 Highs -- Time to Buy?

DANBURY, Conn., June 23, 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 Betsy Schaefer joined its team as the new Chief Marketing Officer. Betsy brings a wealth of experience to FuelCell Energy having built a decorated career at IBM in corporate communications, marketing and brand management where she most recently led marketing for the Watson AI division.

Betsy Schaefer joins FuelCell Energy as Chief Marketing Officer

Fisker Inc

KULR Technology Group

The price of gasoline keeps rising for three simple reasons. First, the initial lockdowns associated with the pandemic caused a painful crash in crude oil and related markets, with crude sinking as low as negative-forty dollars per barrel.

Pain at the Pump Equals EV Promise (KULR, TSLA, FSR, NKLA, FCEL, PLUG, NIO)

Investors shouldn't deny that FuelCell Energy's recently report isn't disappointing for FCEL stock. Yet, there are reasons to stay hopeful.

After Earnings Debacle, FuelCell Energy Can Pick Up the Pieces

Air Products and Chemicals

Cummins

First Solar

Our theme of Hydrogen Economy Stocks includes the stocks of U.S. listed companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas. While the theme is up by a solid 173% since the end of 2019, compared to a return of about 32% for the S&P 500.

With Recent Correction And Possible Regulatory Tailwinds, Are Hydrogen Stocks A Buy?

FuelCell Energy Inc (NASDAQ:FCEL) shares are trading lower by 5% at $10.05 Monday morning after Canaccord Genuity analyst Jed Dorsheimer maintained a Hold rating and lowered the price target from $13.50 to $9. FuelCell Energy designs manufacture, sells, installs, operates and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions.

Why FuelCell Energy Shares Are Trading Lower Today

FuelCell Energy (FCEL) posts wider-than-estimated second-quarter fiscal 2021 loss. Also, total revenues decline year over year.

FuelCell (FCEL) Q2 Loss Wider Than Expected, Revenues Miss

FuelCell Energy, Inc. (FCEL) CEO Jason Few on Q2 2021 Results - Earnings Call Transcript

The company's earnings report left a lot to be desired.

Why FuelCell Energy Stock Plunged 14.3% Today

FuelCell Energy Inc. (NASDAQ: FCEL) shares are trading lower Thursday after the company reported worse-than-expected earnings. The company posted a quarterly loss of 6 cents per share, missing the estimate that called for a loss of 5 cents per share.

FuelCell Energy's Stock Takes A Hit, But Might Be Ready To Recover

The shares of FuelCell Energy Inc (NASDAQ:FCEL) are off 9.8% at $10.17 this morning, dropping on a fiscal second-quarter earnings and revenue miss.

FCEL Rally Fizzles Out After Earnings, Revenue Miss

Shares of FuelCell Energy (NASDAQ:FCEL) fell 2.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 14.29% over the past year to ($0.06), which missed the estimate of ($0.05).

FuelCell Energy: Q2 Earnings Insights

Shares of FuelCell Energy Inc. sank 7.1% in premarket trading Thursday, after the maker of fuel cell technology platforms reported a wider-than-expected fiscal second-quarter loss as revenue surprisingly declined and the company continued to increase investment into research and development. For the quarter ending April 30, the net loss was $19.7 million, or 6 cents a share, after a loss of $15.6 million, or 7 cents a share, in the year-ago period.

News for FuelCell Energy Stock (FCEL)