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Upturn AI SWOT - About
FCEL 
FuelCell Energy Inc (FCEL)
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Upturn Advisory Summary
09/12/2025: FCEL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
8 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $7.38
1 Year Target Price $7.38
| 0 | Strong Buy |
| 0 | Buy |
| 6 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -55.54% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 221.87M USD | Price to earnings Ratio - | 1Y Target Price 7.38 |
Price to earnings Ratio - | 1Y Target Price 7.38 | ||
Volume (30-day avg) 8 | Beta 4.12 | 52 Weeks Range 3.58 - 16.20 | Updated Date 09/12/2025 |
52 Weeks Range 3.58 - 16.20 | Updated Date 09/12/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -9.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-09-09 | When - | Estimate -1.63 | Actual -1.0191 |
Profitability
Profit Margin -130.81% | Operating Margin (TTM) -57.43% |
Management Effectiveness
Return on Assets (TTM) -9.21% | Return on Equity (TTM) -29.43% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 242361774 | Price to Sales(TTM) 1.46 |
Enterprise Value 242361774 | Price to Sales(TTM) 1.46 | ||
Enterprise Value to Revenue 1.59 | Enterprise Value to EBITDA -4.19 | Shares Outstanding 32295500 | Shares Floating 32188901 |
Shares Outstanding 32295500 | Shares Floating 32188901 | ||
Percent Insiders 0.24 | Percent Institutions 15.87 |
Upturn AI SWOT
FuelCell Energy Inc
Company Overview
History and Background
FuelCell Energy Inc. was founded in 1969 as Energy Research Corporation. It later changed its name and has focused on developing and manufacturing fuel cell power plants for distributed generation.
Core Business Areas
- Service Agreements: Provides long-term service agreements for existing power plants, including maintenance, repairs, and replacements.
- Power Generation: Owns and operates fuel cell power plants, selling electricity to utilities and other customers.
- Advanced Technologies: Focuses on developing next-generation fuel cell technologies, including solid oxide fuel cells (SOFC) and electrolysis.
- Fuel Cell Solutions: Designs, manufactures, sells, installs, and services Direct Fuel Cell (DFC) power plants.
Leadership and Structure
Jason Few is the President and CEO. The company has a board of directors overseeing its strategic direction. The organizational structure includes departments for engineering, manufacturing, sales, and services.
Top Products and Market Share
Key Offerings
- DFC Power Plants: DFC power plants are FuelCell Energy's primary offering, generating electricity using natural gas or biogas. Competitors include Bloom Energy (BE), Cummins (CMI), and Doosan Fuel Cell America. The company's estimated market share is not publicly available and varies with product type.
- Service Agreements: Long-term service agreements provide recurring revenue. No specific market share data is readily available.
- Electrolysis: Production of hydrogen using solid oxide electrolysis cell (SOEC) technology. Competitors include Plug Power and Nel ASA.
Market Dynamics
Industry Overview
The fuel cell industry is growing, driven by increasing demand for clean and reliable power. Governments are promoting fuel cell technology through incentives and regulations. Renewable energy and energy storage are crucial to the industry as a whole.
Positioning
FuelCell Energy Inc. focuses on large-scale fuel cell power plants for baseload power generation. Their advantage lies in their DFC technology and long-term service agreements. Competitive advantages include power generation, fuel cell solutions, and advanced technologies. This is an emerging field with a lot of competition.
Total Addressable Market (TAM)
The global fuel cell market is expected to reach hundreds of billions in the next few years. FuelCell Energy Inc. is positioned to capture a portion of this TAM through its DFC technology and expanding service offerings.
Upturn SWOT Analysis
Strengths
- DFC Technology
- Long-term service agreements
- Experience in large-scale projects
- Expanding into hydrogen production
Weaknesses
- History of financial losses
- Reliance on government subsidies
- Highly competitive market
- Fluctuating Stock Price
Opportunities
- Growing demand for clean energy
- Expansion into new markets
- Development of new fuel cell technologies
- Government incentives and regulations
Threats
- Competition from other renewable energy sources
- Changes in government policies
- High capital costs
- Technological advancements by competitors
Competitors and Market Share
Key Competitors
- BE
- CMI
- BLDP
Competitive Landscape
FuelCell Energy Inc. faces intense competition from established players with deeper pockets and broader product portfolios. The company needs to differentiate itself through technological innovation and cost reduction.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent, with periods of rapid expansion followed by contractions. Revenue has fluctuated based on project deployments and service agreements.
Future Projections: Analyst estimates vary widely, reflecting the uncertainty in the fuel cell market. Projections generally anticipate revenue growth driven by increasing demand for clean energy.
Recent Initiatives: Recent initiatives include expanding hydrogen production capabilities and pursuing new partnerships with utilities and industrial customers.
Summary
FuelCell Energy is navigating a growing but competitive market for clean energy solutions. The company's DFC technology and service agreements provide a foundation for growth, but consistent profitability and financial stability remain key challenges. Overcoming these challenges and capitalizing on opportunities in the hydrogen economy are critical for future success. They need to keep an eye on its competitors such as Bloom Energy which currently has a greater market share.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FuelCell Energy Inc
Exchange NASDAQ | Headquaters Danbury, CT, United States | ||
IPO Launch date 1992-06-25 | President, CEO & Director Mr. Jason B. Few | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 584 | Website https://www.fuelcellenergy.com |
Full time employees 584 | Website https://www.fuelcellenergy.com | ||
FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems. It also offers technology to produce electricity, heat, clean hydrogen, and water. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services. It serves various markets, including utilities and independent power producers, data centers and communication, wastewater treatment, government, commercial and hospitality, food and beverage, microgrids, manufacturing, pharmaceutical processing, universities, healthcare facilities, industrial hydrogen, port, oil and gas, wind and solar projects, and hydrogen for mobility and material handling, as well as engineering, procurement, and construction firms. The company primarily operates in the United States, South Korea, Europe, and Canada. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
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