FuelCell Energy, Inc. (NASDAQ:FCEL) Forecasted to Earn FY2025 Earnings of ($0.21) Per Share

FuelCell Energy, Inc. (NASDAQ:FCEL) – Analysts at B. Riley issued their FY2025 earnings per share estimates for FuelCell Energy in a research report issued on Monday, November 6th. B. Riley analyst C. Souther expects that the energy company will post earnings of ($0.21) per share for the year. The consensus estimate for FuelCell Energy’s current full-year earnings is ($0.29) per share.

FCEL has been the subject of several other reports. Wells Fargo & Company lowered their price objective on FuelCell Energy from $1.50 to $1.00 and set an “underweight” rating for the company in a research note on Tuesday, September 12th. Canaccord Genuity Group lowered their price target on FuelCell Energy from $3.00 to $2.00 and set a “hold” rating for the company in a research report on Wednesday, September 13th.

FuelCell Energy Stock Performance

Shares of FCEL opened at $1.14 on Wednesday. The stock has a market capitalization of $463.71 million, a PE ratio of -3.68 and a beta of 3.69. The company’s fifty day moving average is $1.25 and its 200 day moving average is $1.81. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.27 and a current ratio of 8.72. FuelCell Energy has a fifty-two week low of $0.98 and a fifty-two week high of $4.36.

FuelCell Energy (NASDAQ:FCEL) last issued its quarterly earnings data on Monday, September 11th. The energy company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The firm had revenue of $25.50 million during the quarter, compared to analyst estimates of $27.68 million. FuelCell Energy had a negative return on equity of 17.59% and a negative net margin of 85.40%. The business’s quarterly revenue was down 40.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.08) earnings per share.

Institutional Trading of FuelCell Energy

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC purchased a new position in shares of FuelCell Energy in the 1st quarter worth approximately $62,000. Fermata Advisors LLC purchased a new stake in shares of FuelCell Energy during the 2nd quarter valued at $25,000. Sei Investments Co. acquired a new stake in shares of FuelCell Energy in the 1st quarter worth $34,000. Simplicity Solutions LLC acquired a new position in FuelCell Energy during the 1st quarter valued at about $36,000. Finally, SkyView Investment Advisors LLC acquired a new stake in FuelCell Energy in the first quarter worth about $37,000. Hedge funds and other institutional investors own 47.90% of the company’s stock.

FuelCell Energy Company Profile

FuelCell Energy, Inc, together with its subsidiaries, manufactures and sells stationary fuel cell energy platforms that decarbonize power and produce hydrogen. It offers SureSource 1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications.