FuelCell Energy, Inc. (FCEL)
NASDAQ: FCEL · Real-Time Price · USD
9.94
-0.74 (-6.93%)
At close: Apr 28, 2026, 4:00 PM EDT
10.25
+0.31 (3.12%)
After-hours: Apr 28, 2026, 7:06 PM EDT

FuelCell Energy Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for FuelCell Energy stock have an average target of 8.31, with a low estimate of 6.00 and a high estimate of 12. The average target predicts a decrease of -16.40% from the current stock price of 9.94.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.00 $8.31 $8.00 $12
Change -39.64% -16.40% -19.52% +20.72%
* Price targets were last updated on Mar 10, 2026.

Analyst Ratings

The average analyst rating for FuelCell Energy stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 000000
Buy 000000
Hold 444433
Sell 100011
Strong Sell 000000
Total 544444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$7$6
Sell Maintains $7$6 -39.64% Mar 10, 2026
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$12
Hold Maintains $12 +20.72% Dec 19, 2025
UBS
UBS
Hold
Maintains
$4.5$7.25
Hold Maintains $4.5$7.25 -27.06% Sep 17, 2025
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$12
Hold Maintains $12 +20.72% Sep 15, 2025
B. Riley Securities
B. Riley Securities
Hold
Maintains
$9$8
Hold Maintains $9$8 -19.52% Jun 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
165.71M
from 158.16M
Increased by 4.77%
Revenue Next Year
236.07M
from 165.71M
Increased by 42.46%
EPS This Year
-2.10
from -7.42
EPS Next Year
-1.86
from -2.10
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026 Oct 31, 2027
Revenue
69.59M130.48M123.39M112.13M158.16M165.71M236.07M
Revenue Growth
-1.82%87.52%-5.43%-9.13%41.05%4.77%42.46%
EPS
-9.34-11.43-7.92-7.83-7.42-2.10-1.86
EPS Growth
-------
Forward PE
-------
No. Analysts -----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028202920302031
High 190.1M 306.5M
Avg 165.7M 236.1M
Low 139.3M 178.2M

Revenue Growth

Revenue Growth 202620272028202920302031
High
20.2%
85.0%
Avg
4.8%
42.5%
Low
-11.9%
7.6%

EPS Forecast

EPS 202620272028
High -1.81 -1.46
Avg -2.10 -1.86
Low -2.17 -2.38

EPS Growth

EPS Growth 202620272028
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.