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Upturn stock ratingUpturn stock rating
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Fuel Tech Inc (FTEK)

Upturn stock ratingUpturn stock rating
$3.63
Last Close (24-hour delay)
Profit since last BUY7.08%
upturn advisory
Strong Buy
BUY since 2 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

09/12/2025: FTEK (4-star) is a STRONG-BUY. BUY since 2 days. Simulated Profits (7.08%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $4

1 Year Target Price $4

Analysts Price Target For last 52 week
$4 Target price
52w Low $0.87
Current$3.63
52w High $3.65

Analysis of Past Performance

Type Stock
Historic Profit 103.02%
Avg. Invested days 27
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 112.80M USD
Price to earnings Ratio -
1Y Target Price 4
Price to earnings Ratio -
1Y Target Price 4
Volume (30-day avg) 1
Beta 4.84
52 Weeks Range 0.87 - 3.65
Updated Date 09/14/2025
52 Weeks Range 0.87 - 3.65
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.11

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin -12.89%
Operating Margin (TTM) -23.53%

Management Effectiveness

Return on Assets (TTM) -5.93%
Return on Equity (TTM) -7.67%

Valuation

Trailing PE -
Forward PE 14.01
Enterprise Value 90411209
Price to Sales(TTM) 4.5
Enterprise Value 90411209
Price to Sales(TTM) 4.5
Enterprise Value to Revenue 3.61
Enterprise Value to EBITDA 53.37
Shares Outstanding 31074400
Shares Floating 23709796
Shares Outstanding 31074400
Shares Floating 23709796
Percent Insiders 22.96
Percent Institutions 19.9

ai summary icon Upturn AI SWOT

Fuel Tech Inc

stock logo

Company Overview

overview logo History and Background

Fuel Tech Inc. was founded in 1987. It initially focused on providing technologies to optimize combustion and reduce emissions in utility and industrial applications. Over time, the company has evolved to offer broader water treatment and air pollution control solutions.

business area logo Core Business Areas

  • AIR POLLUTION CONTROL (APC): This segment focuses on technologies that reduce nitrogen oxides (NOx), sulfur oxides (SOx), particulate matter, and other pollutants from stationary sources. This includes designing, engineering, installing, and servicing APC systems.
  • FUEL CHEM: This segment offers chemical treatment programs designed to optimize combustion efficiency, reduce fuel consumption, and minimize slagging, fouling, and corrosion in boilers and other combustion systems. They are used in power generation and industrial facilities.

leadership logo Leadership and Structure

Vincent J. Arnone is the President and CEO. The organizational structure includes various departments such as sales, engineering, operations, finance, and research and development, reporting to the CEO.

Top Products and Market Share

overview logo Key Offerings

  • NOxOUTu00ae: NOxOUTu00ae is a family of NOx reduction technologies, including Selective Non-Catalytic Reduction (SNCR) and Selective Catalytic Reduction (SCR) systems. It helps power plants and industrial facilities comply with emissions regulations. Market share data specific to NOxOUT is unavailable publicly. Competitors include Babcock & Wilcox, GE Power, and Mitsubishi Hitachi Power Systems.
  • FUEL CHEMu00ae: FUEL CHEMu00ae is a chemical treatment program designed to optimize combustion efficiency and reduce emissions. Market share data specific to FUEL CHEM is unavailable publicly. Competitors include Nalco Water, ChemTreat, and GE Water.

Market Dynamics

industry overview logo Industry Overview

The industry Fuel Tech operates in is characterized by increasing environmental regulations and a growing demand for cleaner energy technologies. This includes focus on air quality control and water quality enhancement.

Positioning

Fuel Tech is positioned as a provider of innovative air pollution control and fuel treatment solutions, offering technologies to help customers meet environmental regulations and improve operational efficiency. Fuel Tech's competitive advantages include its experience in NOx reduction and its FUEL CHEM technology for combustion optimization.

Total Addressable Market (TAM)

The total addressable market for air pollution control and fuel treatment technologies is estimated to be in the billions of dollars globally. Fuel Tech's positioning allows it to capture a portion of this market by offering specialized solutions for specific applications. However, a firm number is not publicly available.

Upturn SWOT Analysis

Strengths

  • Proprietary NOx reduction technologies
  • Experienced engineering team
  • FUEL CHEMu00ae combustion optimization technology
  • Established relationships with power and industrial customers

Weaknesses

  • Small company size limits resources
  • Dependence on regulatory environment
  • Customer base is concentrated
  • Limited geographic diversity in sales

Opportunities

  • Expanding environmental regulations globally
  • Increasing demand for cleaner energy solutions
  • Partnerships with larger companies
  • New product development in water treatment

Threats

  • Competition from larger, more established companies
  • Technological advancements may render current technologies obsolete
  • Economic downturns affecting capital spending by customers
  • Changes in environmental regulations that may reduce demand

Competitors and Market Share

competitor logo Key Competitors

  • Babcock & Wilcox Enterprises Inc (BW)
  • Ducon Technologies Inc (Private)
  • Mitsubishi Heavy Industries (MHVYF)

Competitive Landscape

Fuel Tech's competitive advantages include its proprietary technologies and experienced team. However, it faces challenges from larger competitors with greater financial resources and broader product portfolios.

Growth Trajectory and Initiatives

Historical Growth: Fuel Tech's historical growth has been dependent on regulatory trends and capital spending in the power and industrial sectors. Revenue has fluctuated over the years.

Future Projections: Future growth is dependent on the success of strategic initiatives, new product launches, and macroeconomic factors. Please consult analyst reports for detailed projections.

Recent Initiatives: Recent initiatives include expanding its water treatment offerings and seeking partnerships to broaden its market reach.

Summary

Fuel Tech Inc. is a small company focused on emissions control, with proprietary NOxOUT and FUEL CHEM technologies. Its small size and dependence on the regulatory environment creates challenges. Recent initiatives to grow are being put in place to try and turn the company around, but they are facing competition from companies with better resources. The company should look out for technology advancement and change that can take away from current market revenue.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Fuel Tech Inc.'s official website
  • SEC filings
  • Third-party financial analysis websites
  • Press releases

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with a qualified financial advisor. Market share estimates are approximate and based on publicly available information.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fuel Tech Inc

Exchange NASDAQ
Headquaters Warrenville, IL, United States
IPO Launch date 1993-09-07
Chairman, CEO & President Mr. Vincent J. Arnone
Sector Industrials
Industry Pollution & Treatment Controls
Full time employees 72
Full time employees 72

Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment. and advanced engineering services to utility and industrial customers. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT SNCR Selective Non-Catalytic Reduction systems; advanced selective catalytic reduction systems comprising Ammonia Injection Grid, and GSG Graduated Straightening Grid systems. I-NOx integrated NOx reduction systems; ESP processes and services; ULTRA technology; and flue gas conditioning systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. The company offers DGI Dissolved Gas Infusion systems, which utilizes a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and UDI Urea Direct Injection systems. It operates in the United States, rest of the Americas, Europe, South Africa, the Pacific region, and internationally. Fuel Tech, Inc. was incorpo