Fuelcell Energy Inc (FCEL) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Fuelcell Energy Inc (FCEL) stock forecast summary
Our AI scores Fuelcell Energy Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Fuelcell Energy Inc is a small-cap company with a market capitalization of $796M. It ranks number 5 by market capitalization among the 10 Electrical Industrial Apparatus issuers in our coverage with a current forecast. Its D/E Ratio of 0.28x is the lowest of the 8 peers that report one.
For FCEL, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -4.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FCEL included.
FCEL price chart and AI forecast
How FCEL ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fuelcell Energy Inc (FCEL) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electrical Industrial Apparatus peers listed below that report each metric.
Valuation & Market
| Metric | FCEL | Rank |
|---|---|---|
| Market Cap | $796M | 5/10 |
| P/B Ratio | 0.82x | 7/8 |
| EPS | $-2.52 | – |
| Book Value/Share | $12.20 | – |
| Revenue/Share | $2.63 | – |
| FCF/Share | $-1.26 | – |
Profitability & Margins
| Metric | FCEL | Rank |
|---|---|---|
| ROE | -18.0% | – |
| ROA | -13.3% | – |
| ROIC | -14.8% | 5/6 |
| Gross Margin | 3.1% | 4/6 |
| Operating Margin | -85.1% | 4/5 |
| Net Margin | -83.2% | 4/5 |
| EBT Margin | -84.7% | 5/6 |
| Tax Rate | 0.0% | – |
Financial Health
| Metric | FCEL | Rank |
|---|---|---|
| Current Ratio | 8.67x | 3/10 |
| Quick Ratio | 7.77x | 2/9 |
| D/E Ratio | 0.28x | 8/8 |
| Financial Leverage | 1.34x | 7/7 |
| Interest Coverage | -16.1x | 7/8 |
| Working Capital | $737M | 3/10 |
Cash Flow
| Metric | FCEL | Rank |
|---|---|---|
| Operating Cash Flow | -$96M | 5/9 |
| Free Cash Flow | -$101M | 4/8 |
| Capital Spending | -$5M | 2/8 |
| FCF/Sales | -48.0% | 5/6 |
| CapEx/Sales | 2.3% | 6/6 |
Operational Efficiency
| Metric | FCEL | Rank |
|---|---|---|
| Asset Turnover | 0.16x | 5/5 |
| Receivables Turnover | 29.4x | 1/5 |
| Inventory Turnover | 2.4x | 5/7 |
| Fixed Assets Turnover | 2.2x | 5/6 |
| Days Sales Outstanding | 12 days | 5/5 |
| Days Inventory | 154 days | 3/7 |
| Payables Period | 29 days | 6/7 |
| Cash Conversion Cycle | 138 days | 3/5 |
Income Statement
| Metric | FCEL | Rank |
|---|---|---|
| Total Revenue | $211M | 5/6 |
| Operating Income | -$179M | 5/8 |
| Net Income | -$175M | 3/5 |
| R&D Expense | $29M | 6/8 |
| SG&A Expense | $57M | 5/7 |
| Cost of Goods Sold | $204M | 5/8 |
Dividend & Shareholder Information
| Metric | FCEL | Rank |
|---|---|---|
| Shares Outstanding | 80M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $833M | 63.6% of assets |
| Cash & Short-term Investments | $658M | 50.2% of assets |
| Accounts Receivable | $7M | 0.5% of assets |
| Inventory | $86M | 6.6% of assets |
| Total Liabilities | $268M | 20.5% of assets |
| Short-term Debt | $80M | 6.1% of assets |
FCEL quarterly financials and insider trading
Fuelcell Energy Inc (FCEL) industry peers
Companies classified under the same SEC industry code as Fuelcell Energy Inc (Electrical Industrial Apparatus): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FCEL Fuelcell Energy Inc | $796M | |
| BE Bloom Energy Corp | $51.22B | |
| WWD Woodward, Inc. | $18.74B | |
| FPS Forgent Power Solutions, Inc. | $5.93B | |
| PLUG Plug Power Inc | $2.03B | |
| BLDP Ballard Power Systems Inc. | $463M | |
| EROC Erock, Inc. | $343M | |
| EAF Graftech International Ltd | $253M | |
| NPWR Net Power Inc. | $172M | |
| SCIA Sci Engineered Materials, Inc. | $43M |
Where FCEL sits on the market map
Fuelcell Energy Inc (FCEL) stock news
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Fuelcell Energy Inc (FCEL) stock forecast FAQ
What is the Fuelcell Energy Inc (FCEL) stock forecast?
Our AI scores Fuelcell Energy Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Fuelcell Energy Inc stock predictions?
For FCEL, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -4.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Fuelcell Energy Inc forecasts updated?
Fuelcell Energy Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Fuelcell Energy Inc's industry peers?
10 issuers in our coverage, FCEL included, share the SEC industry code Electrical Industrial Apparatus. The largest are: Bloom Energy Corp (BE), Woodward, Inc. (WWD), Forgent Power Solutions, Inc. (FPS), Plug Power Inc (PLUG), Ballard Power Systems Inc. (BLDP), Erock, Inc. (EROC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.