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.

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

FuelCell Energy Reports Results for the Second Quarter of Fiscal 2021

GameStop

With the flow of earnings reports slowed to a trickle, we're going to take a break from posting previews until June quarter results begin to flow again in mid-July.

Earnings Previews: GameStop, FuelCell Energy

DANBURY, Conn., June 08, 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 Jennifer D. Arasimowicz, Executive Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary, has elected to resign effective June 25, 2021 to pursue an opportunity with another company. Under Jennifer's leadership, the Company has significantly expanded its legal capabilities and compliance functions in a manner that will assist in the Company's plans for future growth.

FuelCell Energy Announces Departure of General Counsel

Today, FCEL stock is surging more than 15% as retail investors pile into this short squeeze opportunity ahead of the company's earnings. The post FCEL Stock: Upcoming Earnings and Short-Squeeze Hopes Are Lifting FuelCell Energy appeared first on InvestorPlace.

FCEL Stock: Upcoming Earnings and Short-Squeeze Hopes Are Lifting FuelCell Energy

Bloom Energy

Plug Power

FuelCell's Q2 earnings should arrive Thursday morning.

Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Popped Monday

FuelCell Energy Inc (NASDAQ:FCEL) shares are trading higher by 13.5% at $11.34 Monday morning, potentially in anticipation of the clean energy manufacturing company's earnings report to be released Thursday. FuelCell confirmed last week its second-quarte esults will be revealed prior to market open on Thursday, June 10.

Why FuelCell Shares Jumped Today

FuelCell Energy's (FCEL) fiscal second-quarter 2021 earnings are likely to have benefited from execution of projects and repayment of debts.

FuelCell Energy (FCEL) to Post Q2 Earnings: What's in Store?

Stitch Fix

Two stocks from very different industries will provide valuable insight into the current state of the economy.

Here Are the 2 Nasdaq Stocks You Should Watch Next Week

DANBURY, Conn., June 03, 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 second quarter results prior to the Stock Market Open on Thursday, June 10, 2021. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, June 10, 2021 to discuss the second quarter results for fiscal 2021.

FuelCell Energy Announces Second Quarter Results Conference Call on June 10, 2021 at 10 A.M. Eastern Time

FCEL stock is still massively overvalued when you factor in its cash burn. Its price will only fall further.

If You Didn't Sell FuelCell Energy Stock In February, Sell It Now

DANBURY, Conn., May 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 its Board of Directors has appointed Cynthia Hansen to serve as a new independent director, effective May 25, 2021.  Ms. Hansen is currently Executive Vice President and President, Gas Distribution and Storage at Enbridge, Inc. Cynthia is responsible for the overall leadership and operations of Ontario based Enbridge Gas Inc., which followed the amalgamation of Enbridge Gas Distribution and Union Gas, as well as Gazifère, and serves the Gatineau region of Quebec. Cynthia is also Executive Sponsor for Asset and Work Management Transformation across Enbridge working with other business unit leaders, and co-chair of the Diversity and Inclusion Steering Committee. She brings to the Board extensive experience in hydrogen, hydrogen transportation, and hydrogen energy storage in addition to operating a vast energy distribution network.

Cynthia Hansen Appointed to FuelCell Energy's Board of Directors

Plug Power Inc (NASDAQ:PLUG) and FuelCell Energy Inc (NASDAQ:FCEL) shares are trading higher by 5.5% and 9.5%, respectively, Wednesday morning amid strength in EV names. Plug Power shares have also seen strength after the clean energy manufacturing company announced it completed the restatement of its previously issued financial statements earlier in May.

What's Up With Plug Power And FuelCell Today?

BYD Company Limited

KULR Technology Group

One of the most important inputs in the jigsaw puzzle of top-down financial analysis so far this year has been interest rates at the long end of the US yield curve. As rates go higher (generally on inflation expectations), money tends to rotate out of so-called “Growth Stocks” into so-called “Value Stocks”.

Are EV Battery Stocks Primed to Explode on Growth Rotation (FCEL, BYDDY, KULR, PLUG)?

The stock price of FuelCell Energy Inc (NASDAQ: FCEL) increased by 5.07% on Friday May 21. This is why it happened.

FCEL Stock Price: 5.07% Increase Explanation

Plug Power Inc (NASDAQ:PLUG) shares are trading higher by 10.3% at $27.50 Tuesday afternoon amid strength in electric vehicle names. EV strength is potentially in anticipation of President Biden discussing his EV agenda at a Tuesday tour of a Ford plant.

What's Going On With Plug Power And FuelCell Today?

Today, fuel cell stocks are seeing upside momentum following a surge in buying for Plug Power as the company issued restated financials. The post Fuel Cell Stocks: Why FCEL, BE and PLUG Stocks Are Gaining Today appeared first on InvestorPlace.

Fuel Cell Stocks: Why FCEL, BE and PLUG Stocks Are Gaining Today

Investors need to pay close attention to FuelCell Energy (FCEL) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in FuelCell Energy (FCEL) Stock?

If Plug Power is doing poorly, what does that mean for FuelCell?

Why FuelCell Energy Stock Sold Off This Morning

Ballard Power Systems

Fuel cell stocks were taking a beating on Tuesday with major players in the space seeing their shares fall in the early morning trading. The post Fuel Cell Stocks: Why FCEL, PLUG, BE and BLDP Shares Are Moving Today appeared first on InvestorPlace.

Fuel Cell Stocks: Why FCEL, PLUG, BE and BLDP Shares Are Moving Today

As fuel cell competition heats up, FuelCell Energy looks awfully lonely.

Why FuelCell Energy Stock Just Dropped 10%

Workhorse Group

Workhorse Group Inc (NASDAQ:WKHS) shares are trading lower by 13.7% at $8.32 Monday after the company reported a first-quarter net loss and lower-than-expected sales, while also lowering its 2021 production target. In all, Workhorse reported quarterly sales of $521 thousand, which missed the analyst consensus estimate of $2.61 million.

What Is Going On With Workhorse, Plug Power And FuelCell?

Pessimism plagued this already beaten-down fuel cell stock last month.

Why Shares of FuelCell Energy Plunged 33% in April

Investors looking for a green-energy growth play have looked at FCEL stock as a high-leverage way to play the green-energy revolution. The post The Bull and Bear Case for FuelCell Stock: Will It Resume Its Rise, or Continue to Fall?

The Bull and Bear Case for FuelCell Stock: Will It Resume Its Rise, or Continue to Fall?

Shares of fuel cell companies Plug Power (NASDAQ: PLUG) and FuelCell Energy (NASDAQ: FCEL) are trading lower in sympathy with Ballard Power Systems (NASDAQ: BLDP), which dipped after reporting worse-than-expected Q1 EPS and sales results. Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe.

Why Shares Of Plug Power And FuelCell Energy Are Trading Lower Today

FuelCell Energy Inc. announced Tuesday that the the U.S. Department of Energy will provide an additional $8 million in funding to continue developing its "ultra-high efficiency" solid oxide fuel cell (SOFC) systems for power generation. The additional Phase 2 funding comes after the company demonstrated progress in its ongoing programs, and will help support FuelCell's drive to commercialize its SOFC technology.

News for FuelCell Energy Stock (FCEL)