Insider buying last 90 days
$742Kin 2 open-market purchases
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 15 | Livingston III Homer John director | Purchase | $247K |
| Jul 20 | Homer John Livingston III Director | Purchase | $495K |
From Form 4 filings, dated to when each was filed.
NASDAQ: FCEL
FuelCell Energy (FCEL) Stock Analysis & Forecast
Oct 12 close
$16.37−1.66 (−9.2%)
Gekko Brief
AI summaryOct 12 closeFuelCell Energy fell this week amid a wave of securities class action notices from multiple law firms, with a lead plaintiff deadline of November 10, 2026, tied to allegations that the company's SEC risk disclosures framed manufacturing capacity shortfalls as hypothetical while output was already trailing contract needs. Separately, shares dropped after news that the company will expand a Connecticut factory to support 500 megawatts of annual fuel cell production, an expansion that could cost up to $275 million. These developments follow the Q3 FY2026 report in which the company cited a committed backlog of $1.3 billion and $2.4 billion in awarded capacity backlog, along with a first FuelCell Energy Blocks order from Fit Energy covering up to 380 MW across 4 phases.
The stock closed at $16.37, down 9.2%, sitting between its 50-day average of $18.21 and 200-day average of $14.60. The GekkoIndex reads 61.4, placing FCEL in the Accumulation zone, up 4.6 over five days. Price sits 15.7% below Gekko Fair Value of $19.43.
Over the next 20 trading days, the next earnings date falls on 17 December 2026, 65 days out, beyond a typical holding window. The last report missed with an EPS of -0.67 against an estimate of -0.35, producing a 14.1% reaction. In the past 90 days, insiders made 2 open-market purchases totaling $741,919. Seasonally, the next 20 trading days have averaged a 6% return over 5 years, positive in 3 of them. Analyst consensus across 9 firms includes 5 buy, 3 hold and 1 sell ratings, with a consensus target of $21.10.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
FuelCell Energy price vs fair value
Close $16.37200-day averageGekko Fair Value $19.43
FuelCell Energy quick facts
- Market cap
- $1.31B
- P/E ratio
- —
- Forward P/E
- 17.1
- EPS, TTM
- −$2.76
- Revenue, TTM
- $154.1M
- Profit margin
- -113.6%
- Dividend yield
- —
- Beta
- 2.46
- Volume
- 7.64M avg 6.49M
- 1-year return
- +65.7%
- Typical daily move
- ±9.5%
- Typical 20-day move
- ±16.7%
- 50-day average
- $18.21
- 200-day average
- $14.60
- Next earnings
- Dec 17
- Shares outstanding
- 79.95M
FuelCell Energy swing-trade checklist
FuelCell Energy scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive1 mixed0 headwinds
- Trendmixed
Averages disagree
Close $16.37 sits between the 50-day ($18.21) and 200-day ($14.60) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
61.4, Accumulation
Reading 61.4 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
15.7% below
Price is 15.7% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: 2 open-market insider purchases.
See smart money - Earnings risksupportive
Reports in 66 days
Next report Dec 17, 2026, 66 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+6.0% on average
From this point in the calendar, the next 20 trading days averaged +6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
FuelCell Energy stock chart and price history
FuelCell Energy closed at $16.37 on Oct 12, 2026, +65.7% over the past year, inside a 52-week range of $5.71 to $37.88.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +3.0%
- 3 months
- −23.3%
- 6 months
- +139.7%
- 1 year
- +65.7%
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About FuelCell Energy
FuelCell Energy designs, builds, and maintains stationary fuel cell power plants that produce steady, on-site electricity rather than relying on a centralized grid. Its SureSource line spans several output sizes, from smaller 250 and 400 kilowatt units up to multi-megawatt systems, with a hydrogen-focused platform capable of generating sizable daily hydrogen output. The company is also known for its carbon capture system, which pulls carbon dioxide from exhaust gases at power and industrial plants, and for its work in solid oxide fuel cell and electrolysis cell technology.
Beyond manufacturing, FuelCell Energy handles the full project arc for its customers, including engineering, procurement, and construction work, financing arrangements, and ongoing support such as remote monitoring, maintenance, spare parts, training, and equipment refurbishment. Its customer base spans utilities and independent power producers, industrial sites, hospitals and schools, data centers, wastewater facilities, government bodies, microgrid operators, and businesses in food, beverage, and hospitality. The company operates across the United States, South Korea, England, Germany, and Switzerland.
FuelCell Energy was founded in 1969 and is headquartered in Danbury, Connecticut. Its shares trade on the NASDAQ under the ticker FCEL.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Website
- fuelcellenergy.com
FuelCell Energy GekkoIndex: the smart money zone
FuelCell Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 61.4, in the Accumulation zone, up 4.6 points over five sessions.
61.4Accumulation
Up 4.6 points over five sessions, from the Neutral zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 42 | +5.9% | +14.8% | ||
| Accumulation (current zone) | 328 | +0.4% | +4.5% | ||
| Neutral | 271 | −0.3% | −5.2% | ||
| Distribution | 32 | +5.0% | +18.9% | ||
| Selling | 9 | Too few readings yet | |||
Average FCEL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the FCEL price, zone by zone.Track FCEL in Gekko
Is FuelCell Energy stock overvalued? Gekko Fair Value
FuelCell Energy trades 15.7% below Gekko Fair Value of $19.43, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what FuelCell Energy shares are worth, recalculated every trading day.
$19.43
Gekko Fair Value, Oct 10, 2026
15.7% Undervalued
At the end of Aug 2026 the price was 23.4% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open FCEL in Gekko
FuelCell Energy insider and Congress trading
Insiders filed 2 open-market purchases in FuelCell Energy worth $742K, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in FCEL were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for FCEL, plotted on the chart in Gekko.Open FCEL in Gekko
FuelCell Energy earnings: next date and track record
FuelCell Energy reports on Dec 17, 2026 (66 days away), and beat the EPS estimate in 3 of its last 8 reports.
Next earnings report
Dec 17, 2026
66 days away
- EPS estimate
- −$0.39
- Revenue estimate
- $48.41M
3 of 8reports beat the EPS estimate
±15.1%average move across the report
6 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Sep 2, 2026 AI summary
- What they said
- FuelCell Energy reported Q3 FY2026 results with committed backlog reaching $1.3 billion and $2.4 billion in awarded capacity backlog, totaling $3.6 billion. The company secured its first FuelCell Energy Blocks order from Fit Energy covering up to 380 MW across 4 phases for data center applications, with initial 30 MW delivery expected in Q4. Post-quarter, FCEL closed a 75 MW capacity reservation with a major co-location data center operator in Texas. Active pipeline grew to ~10 GW, with data centers representing 97% of Q3 pipeline.
- Guidance
- Initial 30 MW phase of Fit Energy contract expected to begin delivery in Q4 FY2026. Management is focused on converting pipeline to commercial commitments while scaling manufacturing capacity. Additional contract details expected upon execution of definitive agreements.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Sep 2, 2026 | −$0.67 est −$0.35 | $33.00M est $38.79M | −14.1% |
| Jun 8, 2026 | −$0.53 est −$0.43 | $35.59M est $40.46M | +0.9% |
| Mar 9, 2026 | −$0.52 est −$0.68 | $30.53M est $42.17M | −7.2% |
| Dec 18, 2025 | −$0.93 est −$1.18 | $55.02M est $47.65M | +5.6% |
| Sep 9, 2025 | −$1.02 est −$1.63 | $46.74M est $47.42M | +35.1% |
| Jun 6, 2025 | −$1.75 est −$1.38 | $37.41M est $32.42M | +43.7% |
| Mar 11, 2025 | −$1.44 est −$1.35 | $19.00M est $33.86M | +8.2% |
| Dec 19, 2024 | −$1.99 est −$1.60 | $49.33M est $41.46M | +6.1% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
FuelCell Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for FuelCell Energy is $21.10, +28.9% from the last close, from 9 firms rating the stock in the last 90 days.
$21.10consensus 12-month target, +28.9% from the last close
Now $16.37Avg $21.10
Low $8High $30
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 29 | Oppenheimer | $24 | +46.6% |
| Sep 24 | Barclays | $20 | +22.2% |
| Sep 15 | Citi | $19 | +16.1% |
| Sep 9 | Craig-Hallum | $22 | +34.4% |
| Sep 8 | Jefferies | $20 | +22.2% |
+4.5%average 20-day move after past Accumulation readings
+6.0%average move over the next 20 trading days in the last 5 years
±9.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
FuelCell Energy seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, FuelCell Energy averaged +6.0% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.8% | 2 of 5 |
| Next 10 trading days | −4.7% | 1 of 5 |
| Next 15 trading days | +4.1% | 3 of 5 |
| Next 20 trading days | +6.0% | 3 of 5 |
| Next 30 trading days | −2.6% | 2 of 5 |
For scale, FCEL’s typical 20-trading-day move in either direction is about 16.7%.
FuelCell Energy market cap and key statistics
FuelCell Energy’s market cap is $1.31B and revenue of $154.1M over the last twelve months.
Valuation
- Market cap
- $1.31B
- Forward P/E
- 17.1
- EPS, TTM
- −$2.76
- Gekko Fair Value
- $19.43
Trading
- Volume
- 7.64M
- Avg volume, 20 days
- 6.49M
- 52-week high
- $37.88
- 52-week low
- $5.71
- Shares outstanding
- 79.95M
Financials
- Revenue, TTM
- $154.1M
- Profit margin
- -113.6%
- Return on equity
- -21.4%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 2.46
- Typical daily move
- ±9.5%
- Typical 20-day move
- ±16.7%
FuelCell Energy stock news this week
Coverage of FuelCell Energy this week reads negative: 3 positive, 1 neutral and 6 negative headlines.
- ROSEN, GLOBAL INVESTOR COUNSEL, Encourages FuelCell Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FCELNewsfile Corp, Oct 12
- FCEL Investors Have Opportunity to Lead FuelCell Energy, Inc. Securities Fraud LawsuitPRNewsWire, Oct 12
- Deadline Alert: FuelCell Energy, Inc. (FCEL) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud LawsuitGlobeNewsWire, Oct 12
- FCEL Shareholder Alert: FuelCell Energy, Inc. Securities Class Action Lawsuit - Investors Should Contact Levi & KorsinskyGlobeNewsWire, Oct 12
- Why FuelCell EnergyStock Dropped on MondayThe Motley Fool, Oct 12
- FUELCELL ENERGY SECURITIES FRAUD NOTICE: Berger Montague Informs FuelCell Energy (FCEL) Investors of a Securities Fraud LawsuitNewsfile Corp, Oct 12
FuelCell Energy peers
FuelCell Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| EMREmerson Electric | Neutral | 16.0% above |
| KEYSKeysight Technologies | Neutral | 17.2% above |
| QQnity Electronics | Neutral | 3.5% below |
| FTVFortive | Neutral | 0.3% below |
| ONTOOnto Innovation | Neutral | 4.7% below |
| NXTNextpower | Neutral | 18.3% below |
A peer links to its own page where one exists.
FuelCell Energy stock FAQ
What is FuelCell Energy’s market cap?
FuelCell Energy’s market cap is $1.31B at the Oct 12, 2026 close of $16.37, with 79.95M shares outstanding.
What is the FuelCell Energy stock forecast?
The consensus analyst 12-month price target for FuelCell Energy is $21.10, +28.9% from the last close. Of the 9 firms that rated the stock in the last 90 days, 5 rate it a buy, 3 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is FuelCell Energy stock overvalued or undervalued?
On Gekko’s estimate FuelCell Energy is undervalued: the Oct 12, 2026 close of $16.37 is 15.7% below Gekko Fair Value of $19.43. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does FuelCell Energy report earnings next?
FuelCell Energy is expected to report on Dec 17, 2026 (66 days away). Analysts expect earnings of −$0.39 per share on revenue of $48.41M. FuelCell Energy beat the earnings estimate in 3 of its last 8 reports, moving 15.1% on average across the report.
What is FuelCell Energy’s 52-week high and low?
FuelCell Energy’s 52-week high is $37.88 and its 52-week low is $5.71; it closed at $16.37 on Oct 12, 2026, +65.7% over the past year. Over the last five years the shares peaked at $348.87 on Nov 12, 2021.
Is FuelCell Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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