FuelCell Energy, Inc. (FCEL) Stock Forecast
Data as of Aug 1, 2026Industrials · Current price $21.93 (-6.99%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 10, 2026 | Lloyd Byrne | Jefferies | $7.20 | -67.2% |
| Dec 19, 2025 | Jed Dorsheimer | Canaccord Genuity | $12.00 | -45.3% |
| Sep 5, 2024 | Jed Dorsheimer | Canaccord Genuity | $37.20 | +69.6% |
| Jun 11, 2024 | Ryan Pfingst | B.Riley Financial | $45.00 | +105.2% |
| Jun 10, 2024 | Jed Dorsheimer | Canaccord Genuity | $45.00 | +105.2% |
| Dec 14, 2022 | Manav Gupta | UBS | $115.50 | +426.7% |
| Jun 10, 2022 | Eric Stine | Craig-Hallum | $90.00 | +310.4% |
| Mar 25, 2022 | Jeffrey Osborne | Cowen & Co. | $172.50 | +686.6% |
Top Analysts Covering FCEL
FCEL vs Sector & Market
| Metric | FCEL | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.80 | 2.40 | 2.42 |
| Analyst Count | 10 | 8 | 19 |
| Target Upside | +1.5% | +116.3% | +17.1% |
| P/E Ratio | -2.62 | 36.68 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-10-31 | $159M | $163M | $166M | 5 |
| 2027-10-31 | $208M | $231M | $255M | 5 |
| 2028-01-31 | $63M | $72M | $82M | 2 |
| 2028-04-30 | $71M | $81M | $92M | 1 |
| 2028-07-31 | $75M | $86M | $97M | 2 |
| 2028-10-31 | $78M | $89M | $101M | 2 |
| 2029-01-31 | $69M | $79M | $89M | 3 |
| 2029-04-30 | $73M | $83M | $95M | 2 |
| 2029-07-31 | $84M | $96M | $108M | 3 |
| 2029-10-31 | $88M | $101M | $114M | 3 |
| 2030-10-31 | $611M | $697M | $791M | 3 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-10-31 | $-2.05 | $-1.89 | $-1.73 | 3 |
| 2027-10-31 | $-2.06 | $-1.82 | $-1.39 | 3 |
| 2028-01-31 | $-0.65 | $-0.56 | $-0.46 | 1 |
| 2028-04-30 | $-0.62 | $-0.53 | $-0.44 | 1 |
| 2028-07-31 | $-0.59 | $-0.51 | $-0.42 | 1 |
| 2028-10-31 | $-0.59 | $-0.50 | $-0.42 | 1 |
| 2029-01-31 | $-0.31 | $-0.27 | $-0.22 | 1 |
| 2029-04-30 | $-0.25 | $-0.21 | $-0.18 | 1 |
| 2029-07-31 | $-0.19 | $-0.16 | $-0.14 | 1 |
| 2029-10-31 | $-0.16 | $-0.13 | $-0.11 | 1 |
| 2030-10-31 | $0.10 | $0.13 | $0.15 | 1 |
Frequently Asked Questions
What is the analyst consensus for FCEL?
The consensus among 10 analysts covering FuelCell Energy, Inc. (FCEL) is Hold with an average price target of $8.73.
What is the highest price target for FCEL?
The highest price target for FCEL is $172.50, set by Jeffrey Osborne at Cowen & Co. on 2022-03-25.
What is the lowest price target for FCEL?
The lowest price target for FCEL is $7.20, set by Lloyd Byrne at Jefferies on 2026-03-10.
How many analysts cover FCEL?
10 analysts have issued ratings for FuelCell Energy, Inc. in the past 12 months.
Is FCEL a buy or sell right now?
Based on 10 analyst ratings, FCEL has a consensus rating of Hold (2.80/5) with a +1.5% upside to the consensus target of $8.73.
What are the earnings estimates for FCEL?
Analysts estimate FCEL will report EPS of $-1.89 for the period ending 2026-10-31, with revenue estimated at $163M.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.