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FCEL US​
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Fuelcell Energy Inc(FCEL US)

$9.40-0.858.29%(Market Open · 16:47:37 UTC)
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ProfileEntity Structure

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  • Home
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FCEL US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Fuelcell Energy Inc(FCEL US)

$9.40-0.858.29%(Market Open · 16:47:37 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Fuelcell Energy Inc — Company Profile

FuelCell Energy, Inc., alongside its subsidiaries, is involved in the complete lifecycle of stationary fuel cell power plants, covering their design, manufacturing, sales, installation, continuous operation, and servicing. These systems are developed for decentralized, consistent baseload electricity generation. The company offers a range of SureSource platforms: the 1.4-megawatt (MW) SureSource 1500, the 2.8 MW SureSource 3000, the 3.7 MW SureSource 4000, the 250-kilowatt (kW) SureSource 250, and the 400 kW SureSource 400. A prominent product is the 2.3 MW SureSource Hydrogen platform, engineered to produce up to 1,200 kilograms of hydrogen daily, serving applications in multi-megawatt utilities, microgrids, distributed hydrogen, and on-site heating and cooling. Furthermore, FuelCell Energy provides the SureSource Capture system, designed to separate and concentrate carbon dioxide from the flue gases emitted by natural gas, biomass, or coal-fired power plants, as well as industrial facilities. Their technological capabilities also include solid oxide fuel cell and solid oxide electrolysis cell stack technologies. The SureSource power plants fundamentally generate clean electricity, useful thermal energy, water, and hydrogen. The company's service portfolio is extensive, featuring engineering, procurement, and construction (EPC) services, along with project financing. Post-installation support includes real-time monitoring, remote operational management, an online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment or recycling services. Technical support is also available for optimizing plant operation, performance, and fuel processing. FuelCell Energy serves a diverse clientele across various markets, including public utilities and independent power producers, industrial and process applications, educational and healthcare facilities, data centers and communication networks, wastewater treatment plants, government entities, microgrid developers, the food and beverage industry, and the commercial and hospitality sectors. The company's primary operational regions encompass the United States, South Korea, England, Germany, and Switzerland. Founded in 1969, FuelCell Energy, Inc. is headquartered in Danbury, Connecticut.

Exchange
UQ
CEO
Jason Few
Headquarters
Danbury, CT, US
IPO Date
Jun 25, 1992
Employees
424
Website
www.fuelcellenergy.com

Key Metrics

Price
$17.30
Market Cap
$1.38B
Revenue (TTM)
$35.59M
Net Income (TTM)
$-77629000.00

Fuelcell Energy Inc — Company Profile

FuelCell Energy, Inc., alongside its subsidiaries, is involved in the complete lifecycle of stationary fuel cell power plants, covering their design, manufacturing, sales, installation, continuous operation, and servicing. These systems are developed for decentralized, consistent baseload electricity generation. The company offers a range of SureSource platforms: the 1.4-megawatt (MW) SureSource 1500, the 2.8 MW SureSource 3000, the 3.7 MW SureSource 4000, the 250-kilowatt (kW) SureSource 250, and the 400 kW SureSource 400. A prominent product is the 2.3 MW SureSource Hydrogen platform, engineered to produce up to 1,200 kilograms of hydrogen daily, serving applications in multi-megawatt utilities, microgrids, distributed hydrogen, and on-site heating and cooling. Furthermore, FuelCell Energy provides the SureSource Capture system, designed to separate and concentrate carbon dioxide from the flue gases emitted by natural gas, biomass, or coal-fired power plants, as well as industrial facilities. Their technological capabilities also include solid oxide fuel cell and solid oxide electrolysis cell stack technologies. The SureSource power plants fundamentally generate clean electricity, useful thermal energy, water, and hydrogen. The company's service portfolio is extensive, featuring engineering, procurement, and construction (EPC) services, along with project financing. Post-installation support includes real-time monitoring, remote operational management, an online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment or recycling services. Technical support is also available for optimizing plant operation, performance, and fuel processing. FuelCell Energy serves a diverse clientele across various markets, including public utilities and independent power producers, industrial and process applications, educational and healthcare facilities, data centers and communication networks, wastewater treatment plants, government entities, microgrid developers, the food and beverage industry, and the commercial and hospitality sectors. The company's primary operational regions encompass the United States, South Korea, England, Germany, and Switzerland. Founded in 1969, FuelCell Energy, Inc. is headquartered in Danbury, Connecticut.

Exchange
UQ
CEO
Jason Few
Headquarters
Danbury, CT, US
IPO Date
Jun 25, 1992
Employees
424
Website
www.fuelcellenergy.com

Key Metrics

Price
$17.30
Market Cap
$1.38B
Revenue (TTM)
$35.59M
Net Income (TTM)
$-77629000.00
EPS (TTM)
-1.45
P/E (TTM)
-6.21
P/B (TTM)
1.92
Dividend Yield
0.00%
ROE (TTM)
-10.79%
ROA (TTM)
-7.73%
Operating Margin
-2.19%
Beta
2.97

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

FuelCell Energy, Inc., alongside its subsidiaries, is involved in the complete lifecycle of stationary fuel cell power plants, covering their design, manufacturing, sales, installation, continuous operation, and servicing. These systems are developed for decentralized, consistent baseload electricity generation. The company offers a range of SureSource platforms: the 1.4-megawatt (MW) SureSource 1500, the 2.8 MW SureSource 3000, the 3.7 MW SureSource 4000, the 250-kilowatt (kW) SureSource 250, and the 400 kW SureSource 400. A prominent product is the 2.3 MW SureSource Hydrogen platform, engineered to produce up to 1,200 kilograms of hydrogen daily, serving applications in multi-megawatt utilities, microgrids, distributed hydrogen, and on-site heating and cooling. Furthermore, FuelCell Energy provides the SureSource Capture system, designed to separate and concentrate carbon dioxide from the flue gases emitted by natural gas, biomass, or coal-fired power plants, as well as industrial facilities. Their technological capabilities also include solid oxide fuel cell and solid oxide electrolysis cell stack technologies. The SureSource power plants fundamentally generate clean electricity, useful thermal energy, water, and hydrogen. The company's service portfolio is extensive, featuring engineering, procurement, and construction (EPC) services, along with project financing. Post-installation support includes real-time monitoring, remote operational management, an online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment or recycling services. Technical support is also available for optimizing plant operation, performance, and fuel processing. FuelCell Energy serves a diverse clientele across various markets, including public utilities and independent power producers, industrial and process applications, educational and healthcare facilities, data centers and communication networks, wastewater treatment plants, government entities, microgrid developers, the food and beverage industry, and the commercial and hospitality sectors. The company's primary operational regions encompass the United States, South Korea, England, Germany, and Switzerland. Founded in 1969, FuelCell Energy, Inc. is headquartered in Danbury, Connecticut.

Website
www.fuelcellenergy.com
Location
Danbury, CT, US
Phone203 825 6000
Employees424
CEOJason Few
IPO DateJun 25, 1992

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.6K)

Expand
  • Form 4Hopper Peter B.30 Oct
  • Form 3Hopper Peter B.30 Oct
  • SC 13GFUELCELL ENERGY INC30 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers28 Oct
  • Form 4England James Herbert19 Oct
  • Form 4Livingston III Homer John19 Oct
  • Form 4Hansen Cynthia L19 Oct
  • Form 3Latino Matthew O'Neil16 Oct
  • SC 13GFUELCELL ENERGY INC15 Oct
  • Form 4Achanta Shankar8 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers7 Oct
  • Form 144Achanta Shankar6 Oct
  • Form 4Livingston III Homer John15 Sep
  • 10-QQ3ended 31 Jul 20262 Sep
  • 8-K​As of July 31,​​(Amounts in thousands)2026​2025​ChangeCommitted Backlog​​​​​Product$ 108,865​$ 96,183​$ 12,682Service263,648​169,384​94,264Generation915,725​955,033​(39,308)Advanced Technologies7,772​24,254​(16,482)Total Committed Backlog$ 1,296,010​$ 1,244,854​$ 51,156Awarded Capacity Backlog​​​​​Product$ 1,058,750​-​$ 1,058,750Service1,291,500​-​1,291,500Total Awarded Capacity Backlog$ 2,350,250​-​$ 2,350,250​​​​​​Total Committed and Awarded Capacity Backlog$ 3,646,260​$ 1,244,854​$ 2,401,4062 Sep
  • SC 13G/AFUELCELL ENERGY INC14 Aug
  • SC 13GFUELCELL ENERGY INC4 Aug
  • SC 13GFUELCELL ENERGY INC28 Jul
  • 8-KOther Events21 Jul
  • 424B7Prospectus filing (Rule 424(b)(7))21 Jul

News

  • Bloom Energy Is Down 27% in a Month. What Will It Take to Get BE Stock Back to $250?13 Nov
  • Can FCEL's Tri-gen Platform Expand Its Hydrogen Business?13 Nov
  • FuelCell Energy Advances AI Data Center Power With New Testbed11 Nov
  • Bloom Energy Surges 15% as CoreWeave’s Results Lift AI Power Stocks; FuelCell Energy Climbs 5%, Plug Power Dips11 Nov
  • FCEL DEADLINE TODAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL10 Nov
  • INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in FuelCell Energy, Inc. of Class Action Lawsuit and Upcoming Deadlines – FCEL10 Nov
  • FCEL DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL10 Nov
  • FCEL CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 202610 Nov
  • FCEL DEADLINE ALERT: Hagens Berman Alerts FuelCell Energy Investors to Today's Lead Plaintiff Deadline in Securities Class Action10 Nov
  • FuelCell Energy, Inc. (NASDAQ:FCEL) SHAREHOLDER ALERT: Investors With Losses May Seek to Lead the Class Action in FuelCell Energy, Inc. Securities Lawsuit - Contact Portnoy Law Firm10 Nov
  • FuelCell Energy to Host National Laboratory-Supported AI Data Center Power Testbed in Connecticut Manufacturing Facility10 Nov
  • FCEL DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL9 Nov
  • URGENT FCEL DEADLINE: FuelCell Energy, Inc. Investors Have Until November 10th to Seek Lead Plaintiff Role with Bragar Eagel & Squire, P.C.9 Nov
  • DEADLINE ALERT for FuelCell Energy, Inc. (FCEL), Lincoln Educational Services Corp. (LINC), Duolingo, Inc. (DUOL), and Baidu, Inc. (BIDU): The Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions9 Nov
  • Deadline Alert: FuelCell Energy, Inc. Investors Have Until November 10, 2026 to Seek Lead Plaintiff Role in Securities Fraud Class Action, Glancy Prongay Wolke & Rotter LLP Reminds Investors9 Nov
  • FCEL EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 20269 Nov
  • FCEL EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 20269 Nov
  • FCEL FINAL DEADLINE ALERT: Hagens Berman Encourages FuelCell Energy Investors with Losses to Contact Firm Before Nov. 10th Deadline in Securities Class Action9 Nov
  • DEADLINE ALERT for FuelCell Energy, Inc. (FCEL) and Lincoln Educational Services Corp. (LINC),: The Law Offices of Frank R. Cruz Reminds Investors of Lead Plaintiff Deadlines in Securities Fraud Class Actions9 Nov
  • Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of November 10, 2026 in FuelCell Energy, Inc. Lawsuit - FCEL9 Nov

Mentions in Filings

  • … t banking experience in the decarbonization industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for the …
    Spring Valley Acquisition Corp. VFuelcell Energy Inc·S-1/A - REGISTRATION STATEMENT·Q4 26·13 Oct
  • #FTAI Infrastructure, Inc. 20,023 116,534 \*FTI Consulting, Inc. 6,088 1,063,391 \*FuelCell Energy, Inc. 354 2,899 \*Gates Industrial Corp. PLC 50,068 1,152,565 GATX Corp. 7,411 1,348,135 GE Vernova, Inc. 27,877 20,249,017 Genco Shipping & Trading, Ltd. 8,993 187,954 \*Gencor Industries, Inc. 445 6,381 \*Generac Holdings, Inc. 11,414 1,918,009 16 Dimensional US Core Equity Market ETF continued …
    Dimensional ETF TrustFuelcell Energy Inc·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … other exchange-traded funds (“ETFs”). As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify (200%) the daily performance of the common shares of <strong>FuelCell Energy, Inc.</strong> (The Nasdaq Stock Market LLC (“Nasdaq”): FCEL) (“FCEL”). The return for investors that invest for periods longer or shorter than a single-trading day should not be expected to be 200% of the performance of FCEL for …
    Investment Managers Series Trust IIFuelcell Energy Inc·485APOS - Post-effective amendment (open-end investment companies)·05 Aug·5 Aug
  • … banking experience in the Sustainability industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for th …
    Eagle Nuclear Energy Corp.Fuelcell Energy Inc·ARS - Annual report to security holders·FY25·21 Jul
  • … nt banking experience in the Sustainability industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for the …
    Eagle Nuclear Energy Corp.Fuelcell Energy Inc·DEF 14A - Definitive proxy statement·Q3 26·21 Jul
  • … | | | | | --- | --- | --- | | Fund | Underlying Security | Industry of Underlying Security | | Long Funds | | | | Tradr 2X Long FCEL Daily ETF | <strong>FuelCell Energy, Inc.</strong> | Electrical Equipment & Parts | | Tradr 2X Long FIX Daily ETF | Comfort Systems USA, Inc. | Engineering and Construction | | Tradr 2X Long FRVO Daily ETF | Fervo Energy Co. | Electric Utilities | | Tradr 2X Long IQMX Daily ETF | IQM Quantum Computers Oyj | Computer Hardware | | Tra …
    Investment Managers Series Trust IIFuelcell Energy Inc·497 - Form 497 - Definitive materials (investment companies)·04 Nov·4 Nov

Key Stats

Trading

Px/Chg 1D$17.30 / -6.33%
Avg Volume7.05M
Beta2.97
Mkt Cap1.38B
FD Mkt Cap1.36B

Float

Shrs Out/Float79.95M / 75.43M
Short Float0.19%
Days to Cover1.00
Stock Repurchased$0.00

Current Valuation

EV1.18B
EV/EBITDA-6.70
EV/Sales7.02
P/B1.92
P/S8.24
FCF Yield-1.94%
ROE-10.79%
ROA-7.73%
Current Ratio8.59

Estimates

P/E-6.21
Est P/E0.00
Est EPS-0.52
Est PEG0.00

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-87.58-259.94-138.69-12.23-9.20-17.82
Price / Sales92.57284.32120.9113.755.0038.87
Price / Book Value14.8849.8520.102.150.381.92
Price / Free Cash Flow-73.62-233.59-64.14-7.26-11.46-51.63
ENTERPRISE VALUE METRICS
Enterprise Value10,942.036,815.214,886.11,620.5209.61,178.8
Enterprise Value / Sales90.83282.14120.6414.453.8133.12
Enterprise Value / EBITDA-110.72-310.04-198.87-14.62-12.45-17.64
Enterprise Value / EBIT-89.10-262.93-148.52-11.02-7.87-15.18

Financials

Full Financials
Millions USD5Yr CAGR (%)Oct '21Oct '22Oct '23Oct '24Oct '25
INCOME STATEMENT
Revenue22.8%69.6130.5123.4112.1158.2
Gross Income14%-15.6-29.6-10.5-35.9-26.4
EBITDA17.5%-73.8-118.7-74.9-110.9-140.5
EBIT17.9%-93.7-140.0-100.2-147.1-180.9
Net Income16.8%-101.0-142.7-107.6-126.0-187.9
EPS (Diluted)123%-0.30-0.38-0.26-0.49-7.42
BALANCE SHEET
Cash & ST Inv-10.4%432.2458.1353.7257.3278.1
Total Assets1.6%875.2939.7955.5944.1932.1
Total Liabilities4.3%169.9185.3195.2216.7201.0
Total Shareholder Equity69.5%702.3744.2742.4716.8722.0
CASH FLOW
Net Operating Cash Flow15.5%-70.4-112.2-140.3-152.9-125.3
Cap Ex-25.5%-73.2-46.7-92.4-59.6-22.5
Free Cash Flow71.7%-143.7-158.8-232.6-212.5-147.8

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)9.66
Basic Shares79.95
Market Cap772.4
Diluted Shares70.41
Fully Diluted Shares Outstanding70.41
Fully Diluted Market Cap680.1
+Consolidated Debt178.7
−In-the-Money Convertible Debt—
+Capital Leases12.6
+Operating Leases—
−Cash & Equivalents-658.1
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest7.8
+Pension Liabilities—
Enterprise Value300.7

Segment data

Revenue

by Products and services

  • Electricity, Generation54%
  • Product35%
  • Advanced Technologies8%
  • Service3%

Revenue

by Geography

  • United States78%
  • Korea, Republic Of20%
  • Europe2%
  • Canada0%

Related companies

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Plug Power Inc

PLUG US

Ballard Power Systems Inc.

BLDP US

Graftech International Ltd

EAF US

Forgent Power Solutions, Inc.

FPS US

Graphex Group Ltd

GRFXF US

EPS (TTM)
-1.45
P/E (TTM)
-6.21
P/B (TTM)
1.92
Dividend Yield
0.00%
ROE (TTM)
-10.79%
ROA (TTM)
-7.73%
Operating Margin
-2.19%
Beta
2.97

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

FuelCell Energy, Inc., alongside its subsidiaries, is involved in the complete lifecycle of stationary fuel cell power plants, covering their design, manufacturing, sales, installation, continuous operation, and servicing. These systems are developed for decentralized, consistent baseload electricity generation. The company offers a range of SureSource platforms: the 1.4-megawatt (MW) SureSource 1500, the 2.8 MW SureSource 3000, the 3.7 MW SureSource 4000, the 250-kilowatt (kW) SureSource 250, and the 400 kW SureSource 400. A prominent product is the 2.3 MW SureSource Hydrogen platform, engineered to produce up to 1,200 kilograms of hydrogen daily, serving applications in multi-megawatt utilities, microgrids, distributed hydrogen, and on-site heating and cooling. Furthermore, FuelCell Energy provides the SureSource Capture system, designed to separate and concentrate carbon dioxide from the flue gases emitted by natural gas, biomass, or coal-fired power plants, as well as industrial facilities. Their technological capabilities also include solid oxide fuel cell and solid oxide electrolysis cell stack technologies. The SureSource power plants fundamentally generate clean electricity, useful thermal energy, water, and hydrogen. The company's service portfolio is extensive, featuring engineering, procurement, and construction (EPC) services, along with project financing. Post-installation support includes real-time monitoring, remote operational management, an online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment or recycling services. Technical support is also available for optimizing plant operation, performance, and fuel processing. FuelCell Energy serves a diverse clientele across various markets, including public utilities and independent power producers, industrial and process applications, educational and healthcare facilities, data centers and communication networks, wastewater treatment plants, government entities, microgrid developers, the food and beverage industry, and the commercial and hospitality sectors. The company's primary operational regions encompass the United States, South Korea, England, Germany, and Switzerland. Founded in 1969, FuelCell Energy, Inc. is headquartered in Danbury, Connecticut.

Website
www.fuelcellenergy.com
Location
Danbury, CT, US
Phone203 825 6000
Employees424
CEOJason Few
IPO DateJun 25, 1992

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.6K)

Expand
  • Form 4Hopper Peter B.30 Oct
  • Form 3Hopper Peter B.30 Oct
  • SC 13GFUELCELL ENERGY INC30 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers28 Oct
  • Form 4England James Herbert19 Oct
  • Form 4Livingston III Homer John19 Oct
  • Form 4Hansen Cynthia L19 Oct
  • Form 3Latino Matthew O'Neil16 Oct
  • SC 13GFUELCELL ENERGY INC15 Oct
  • Form 4Achanta Shankar8 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers7 Oct
  • Form 144Achanta Shankar6 Oct
  • Form 4Livingston III Homer John15 Sep
  • 10-QQ3ended 31 Jul 20262 Sep
  • 8-K​As of July 31,​​(Amounts in thousands)2026​2025​ChangeCommitted Backlog​​​​​Product$ 108,865​$ 96,183​$ 12,682Service263,648​169,384​94,264Generation915,725​955,033​(39,308)Advanced Technologies7,772​24,254​(16,482)Total Committed Backlog$ 1,296,010​$ 1,244,854​$ 51,156Awarded Capacity Backlog​​​​​Product$ 1,058,750​-​$ 1,058,750Service1,291,500​-​1,291,500Total Awarded Capacity Backlog$ 2,350,250​-​$ 2,350,250​​​​​​Total Committed and Awarded Capacity Backlog$ 3,646,260​$ 1,244,854​$ 2,401,4062 Sep
  • SC 13G/AFUELCELL ENERGY INC14 Aug
  • SC 13GFUELCELL ENERGY INC4 Aug
  • SC 13GFUELCELL ENERGY INC28 Jul
  • 8-KOther Events21 Jul
  • 424B7Prospectus filing (Rule 424(b)(7))21 Jul

News

  • Bloom Energy Is Down 27% in a Month. What Will It Take to Get BE Stock Back to $250?13 Nov
  • Can FCEL's Tri-gen Platform Expand Its Hydrogen Business?13 Nov
  • FuelCell Energy Advances AI Data Center Power With New Testbed11 Nov
  • Bloom Energy Surges 15% as CoreWeave’s Results Lift AI Power Stocks; FuelCell Energy Climbs 5%, Plug Power Dips11 Nov
  • FCEL DEADLINE TODAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL10 Nov
  • INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in FuelCell Energy, Inc. of Class Action Lawsuit and Upcoming Deadlines – FCEL10 Nov
  • FCEL DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL10 Nov
  • FCEL CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 202610 Nov
  • FCEL DEADLINE ALERT: Hagens Berman Alerts FuelCell Energy Investors to Today's Lead Plaintiff Deadline in Securities Class Action10 Nov
  • FuelCell Energy, Inc. (NASDAQ:FCEL) SHAREHOLDER ALERT: Investors With Losses May Seek to Lead the Class Action in FuelCell Energy, Inc. Securities Lawsuit - Contact Portnoy Law Firm10 Nov
  • FuelCell Energy to Host National Laboratory-Supported AI Data Center Power Testbed in Connecticut Manufacturing Facility10 Nov
  • FCEL DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - FCEL9 Nov
  • URGENT FCEL DEADLINE: FuelCell Energy, Inc. Investors Have Until November 10th to Seek Lead Plaintiff Role with Bragar Eagel & Squire, P.C.9 Nov
  • DEADLINE ALERT for FuelCell Energy, Inc. (FCEL), Lincoln Educational Services Corp. (LINC), Duolingo, Inc. (DUOL), and Baidu, Inc. (BIDU): The Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions9 Nov
  • Deadline Alert: FuelCell Energy, Inc. Investors Have Until November 10, 2026 to Seek Lead Plaintiff Role in Securities Fraud Class Action, Glancy Prongay Wolke & Rotter LLP Reminds Investors9 Nov
  • FCEL EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 20269 Nov
  • FCEL EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 20269 Nov
  • FCEL FINAL DEADLINE ALERT: Hagens Berman Encourages FuelCell Energy Investors with Losses to Contact Firm Before Nov. 10th Deadline in Securities Class Action9 Nov
  • DEADLINE ALERT for FuelCell Energy, Inc. (FCEL) and Lincoln Educational Services Corp. (LINC),: The Law Offices of Frank R. Cruz Reminds Investors of Lead Plaintiff Deadlines in Securities Fraud Class Actions9 Nov
  • Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of November 10, 2026 in FuelCell Energy, Inc. Lawsuit - FCEL9 Nov

Mentions in Filings

  • … t banking experience in the decarbonization industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for the …
    Spring Valley Acquisition Corp. VFuelcell Energy Inc·S-1/A - REGISTRATION STATEMENT·Q4 26·13 Oct
  • #FTAI Infrastructure, Inc. 20,023 116,534 \*FTI Consulting, Inc. 6,088 1,063,391 \*FuelCell Energy, Inc. 354 2,899 \*Gates Industrial Corp. PLC 50,068 1,152,565 GATX Corp. 7,411 1,348,135 GE Vernova, Inc. 27,877 20,249,017 Genco Shipping & Trading, Ltd. 8,993 187,954 \*Gencor Industries, Inc. 445 6,381 \*Generac Holdings, Inc. 11,414 1,918,009 16 Dimensional US Core Equity Market ETF continued …
    Dimensional ETF TrustFuelcell Energy Inc·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … other exchange-traded funds (“ETFs”). As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund’s objective is to magnify (200%) the daily performance of the common shares of <strong>FuelCell Energy, Inc.</strong> (The Nasdaq Stock Market LLC (“Nasdaq”): FCEL) (“FCEL”). The return for investors that invest for periods longer or shorter than a single-trading day should not be expected to be 200% of the performance of FCEL for …
    Investment Managers Series Trust IIFuelcell Energy Inc·485APOS - Post-effective amendment (open-end investment companies)·05 Aug·5 Aug
  • … banking experience in the Sustainability industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for th …
    Eagle Nuclear Energy Corp.Fuelcell Energy Inc·ARS - Annual report to security holders·FY25·21 Jul
  • … nt banking experience in the Sustainability industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value, with notable deals including First Solar, Plug Power, <strong>FuelCell Energy</strong>, Renewable Energy Group and SunPower Corporation. Mr. Kaplan was most recently Managing Director of Clean Technologies/Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for the …
    Eagle Nuclear Energy Corp.Fuelcell Energy Inc·DEF 14A - Definitive proxy statement·Q3 26·21 Jul
  • … | | | | | --- | --- | --- | | Fund | Underlying Security | Industry of Underlying Security | | Long Funds | | | | Tradr 2X Long FCEL Daily ETF | <strong>FuelCell Energy, Inc.</strong> | Electrical Equipment & Parts | | Tradr 2X Long FIX Daily ETF | Comfort Systems USA, Inc. | Engineering and Construction | | Tradr 2X Long FRVO Daily ETF | Fervo Energy Co. | Electric Utilities | | Tradr 2X Long IQMX Daily ETF | IQM Quantum Computers Oyj | Computer Hardware | | Tra …
    Investment Managers Series Trust IIFuelcell Energy Inc·497 - Form 497 - Definitive materials (investment companies)·04 Nov·4 Nov

Key Stats

Trading

Px/Chg 1D$17.30 / -6.33%
Avg Volume7.05M
Beta2.97
Mkt Cap1.38B
FD Mkt Cap1.36B

Float

Shrs Out/Float79.95M / 75.43M
Short Float0.19%
Days to Cover1.00
Stock Repurchased$0.00

Current Valuation

EV1.18B
EV/EBITDA-6.70
EV/Sales7.02
P/B1.92
P/S8.24
FCF Yield-1.94%
ROE-10.79%
ROA-7.73%
Current Ratio8.59

Estimates

P/E-6.21
Est P/E0.00
Est EPS-0.52
Est PEG0.00

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-87.58-259.94-138.69-12.23-9.20-17.82
Price / Sales92.57284.32120.9113.755.0038.87
Price / Book Value14.8849.8520.102.150.381.92
Price / Free Cash Flow-73.62-233.59-64.14-7.26-11.46-51.63
ENTERPRISE VALUE METRICS
Enterprise Value10,942.036,815.214,886.11,620.5209.61,178.8
Enterprise Value / Sales90.83282.14120.6414.453.8133.12
Enterprise Value / EBITDA-110.72-310.04-198.87-14.62-12.45-17.64
Enterprise Value / EBIT-89.10-262.93-148.52-11.02-7.87-15.18

Financials

Full Financials
Millions USD5Yr CAGR (%)Oct '21Oct '22Oct '23Oct '24Oct '25
INCOME STATEMENT
Revenue22.8%69.6130.5123.4112.1158.2
Gross Income14%-15.6-29.6-10.5-35.9-26.4
EBITDA17.5%-73.8-118.7-74.9-110.9-140.5
EBIT17.9%-93.7-140.0-100.2-147.1-180.9
Net Income16.8%-101.0-142.7-107.6-126.0-187.9
EPS (Diluted)123%-0.30-0.38-0.26-0.49-7.42
BALANCE SHEET
Cash & ST Inv-10.4%432.2458.1353.7257.3278.1
Total Assets1.6%875.2939.7955.5944.1932.1
Total Liabilities4.3%169.9185.3195.2216.7201.0
Total Shareholder Equity69.5%702.3744.2742.4716.8722.0
CASH FLOW
Net Operating Cash Flow15.5%-70.4-112.2-140.3-152.9-125.3
Cap Ex-25.5%-73.2-46.7-92.4-59.6-22.5
Free Cash Flow71.7%-143.7-158.8-232.6-212.5-147.8

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)9.66
Basic Shares79.95
Market Cap772.4
Diluted Shares70.41
Fully Diluted Shares Outstanding70.41
Fully Diluted Market Cap680.1
+Consolidated Debt178.7
−In-the-Money Convertible Debt—
+Capital Leases12.6
+Operating Leases—
−Cash & Equivalents-658.1
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest7.8
+Pension Liabilities—
Enterprise Value300.7

Segment data

Revenue

by Products and services

  • Electricity, Generation54%
  • Product35%
  • Advanced Technologies8%
  • Service3%

Revenue

by Geography

  • United States78%
  • Korea, Republic Of20%
  • Europe2%
  • Canada0%

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