FuelCell Energy (NASDAQ:FCEL) Sees Large Volume Increase – Should You Buy?

FuelCell Energy, Inc. (NASDAQ:FCEL) shares saw an uptick in trading volume on Monday . 4,207,351 shares traded hands during trading, a decline of 12% from the previous session’s volume of 4,772,576 shares.The stock last traded at $17.6740 and had previously closed at $17.33.

FuelCell Energy News Roundup

Here are the key news stories impacting FuelCell Energy this week:

• Positive Sentiment: Canaccord Genuity raised its price target on FCEL from $12 to $30 and reiterated a Buy rating, pointing to roughly 71.5% upside from the recent price level. Canaccord Upgrades FuelCell Energy (FCEL) to Buy
• Positive Sentiment: Investors are reacting to FuelCell’s claim that data centers make up nearly 90% of its sales pipeline, with the company now saying its pipeline has reached 4 GW and that it is expanding manufacturing capacity to meet expected demand. These Analysts Boost Their Forecasts On FuelCell Energy Following Q2 Results
• Positive Sentiment: Options activity has been unusually strong, with investors buying a large volume of FCEL call options, suggesting some traders are positioning for more upside. Investors Purchase High Volume of Call Options on FuelCell Energy (NASDAQ:FCEL)
• Neutral Sentiment: B. Riley also lifted its price target, but only to $13 and kept a Neutral rating, which implies downside versus the recent trading level. Benzinga analyst update on FuelCell Energy
• Negative Sentiment: The latest quarter disappointed on earnings and revenue, with FCEL posting a wider-than-expected loss and missing sales estimates, which initially pressured the stock. FuelCell Energy Reports Second Fiscal Quarter 2026 Results; Advances Data Center Power Strategy
• Negative Sentiment: Analysts and media also highlighted widening operating losses, declining revenue, and other weak quarterly metrics, keeping some pressure on the shares despite the upbeat pipeline story. Why FuelCell Energy (FCEL) stock is down today

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FCEL. B. Riley Financial upped their target price on FuelCell Energy from $8.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday. Wells Fargo & Company reduced their price objective on shares of FuelCell Energy from $7.00 to $6.00 and set an “underweight” rating for the company in a report on Tuesday, March 10th. Jefferies Financial Group set a $7.20 price objective on shares of FuelCell Energy and gave the company a “hold” rating in a report on Tuesday, March 10th. Canaccord Genuity Group lifted their price objective on shares of FuelCell Energy from $12.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday. Finally, TD Cowen reiterated a “hold” rating and set a $16.00 price objective (up from $9.00) on shares of FuelCell Energy in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $13.24.

FuelCell Energy Trading Up 12.8%

The company has a quick ratio of 6.51, a current ratio of 7.96 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $926.62 million, a PE ratio of -2.66 and a beta of 2.42. The firm has a 50 day moving average price of $14.31 and a 200 day moving average price of $10.06.

FuelCell Energy (NASDAQ:FCEL) last announced its earnings results on Monday, June 8th. The energy company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.52) by ($0.01). The firm had revenue of $35.59 million during the quarter, compared to analysts’ expectations of $40.47 million. FuelCell Energy had a negative net margin of 132.41% and a negative return on equity of 16.40%. During the same quarter in the prior year, the company earned ($1.79) EPS. Equities analysts expect that FuelCell Energy, Inc. will post -2.22 EPS for the current fiscal year.

Institutional Investors Weigh In On FuelCell Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCEL. Kestra Advisory Services LLC purchased a new stake in FuelCell Energy in the 4th quarter valued at about $29,000. Caitong International Asset Management Co. Ltd increased its stake in FuelCell Energy by 1,316.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,618 shares of the energy company’s stock valued at $59,000 after buying an additional 7,080 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new stake in FuelCell Energy in the 4th quarter valued at about $78,000. Franklin Resources Inc. purchased a new stake in FuelCell Energy in the 4th quarter valued at about $84,000. Finally, Optiver Holding B.V. purchased a new stake in FuelCell Energy in the 1st quarter valued at about $88,000. Hedge funds and other institutional investors own 42.78% of the company’s stock.

About FuelCell Energy

FuelCell Energy, Inc (NASDAQ: FCEL) is a publicly traded company that designs, manufactures and operates turnkey molten carbonate fuel cell power plants. These stationary, on-site energy solutions generate electricity and heat through an electrochemical process that combines natural gas or biogas with oxygen, producing power with lower greenhouse gas emissions than traditional fossil fuel-based generation. The company’s fuel cell technology is engineered for continuous, baseload operation and can be integrated into microgrid architectures and industrial power systems to provide reliable, around-the-clock energy.

The company’s core product suite, marketed under the SureSource brand, encompasses both power generation and integrated carbon capture or hydrogen production capabilities.