Tidal Investments LLC Buys 92,572 Shares of FuelCell Energy, Inc. $FCEL

Key Points

• Tidal Investments increased its FuelCell Energy stake by 61.1% in the second quarter, purchasing 92,572 shares and bringing its holdings to 244,049 shares, worth approximately $8.8 million. Institutional investors collectively own 42.78% of the company.
• Analyst sentiment remains mixed: five analysts rate FCEL a Buy, three rate it Hold and two rate it Sell, resulting in a consensus Hold rating and a $22.14 average price target.
• FuelCell Energy reported a larger-than-expected quarterly loss of $0.64 per share and revenue of $33 million, below the $38.79 million consensus estimate. The company continues to face significant margin pressure and negative profitability, despite investor interest in potential data-center power demand.

Tidal Investments LLC increased its stake in shares of FuelCell Energy, Inc. (NASDAQ:FCEL - Free Report) by 61.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 244,049 shares of the energy company's stock after purchasing an additional 92,572 shares during the period. Tidal Investments LLC owned approximately 0.31% of FuelCell Energy worth $8,788,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP grew its position in FuelCell Energy by 444.4% in the 2nd quarter. Allworth Financial LP now owns 1,301 shares of the energy company's stock worth $47,000 after purchasing an additional 1,062 shares during the period. NewEdge Advisors LLC raised its stake in FuelCell Energy by 301.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,605 shares of the energy company's stock valued at $58,000 after buying an additional 1,205 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of FuelCell Energy during the 2nd quarter valued at $90,000. Integrated Wealth Concepts LLC purchased a new position in shares of FuelCell Energy in the 2nd quarter worth $120,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of FuelCell Energy in the 4th quarter worth $29,000. Institutional investors own 42.78% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. TD Cowen reissued a "hold" rating and issued a $16.00 target price (up from $9.00) on shares of FuelCell Energy in a report on Tuesday, June 9th. Wall Street Zen downgraded shares of FuelCell Energy from a "hold" rating to a "sell" rating in a report on Sunday, August 9th. Wells Fargo & Company upped their target price on shares of FuelCell Energy from $6.00 to $8.00 and gave the company an "underweight" rating in a report on Tuesday, June 16th. UBS Group upgraded shares of FuelCell Energy from a "neutral" rating to a "buy" rating and increased their price target for the stock from $22.00 to $27.00 in a research report on Tuesday, July 14th. Finally, Jefferies Financial Group reiterated a "buy" rating and set a $20.00 price target (down from $24.00) on shares of FuelCell Energy in a research note on Thursday, September 3rd. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $22.14.

FuelCell Energy Stock Up 1.9%

NASDAQ FCEL opened at $15.89 on Friday. FuelCell Energy, Inc. has a 52 week low of $5.71 and a 52 week high of $37.88. The company has a quick ratio of 7.77, a current ratio of 8.67 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.27 billion, a P/E ratio of -4.63 and a beta of 2.35. The stock's 50-day moving average price is $19.93 and its 200-day moving average price is $16.22.

FuelCell Energy (NASDAQ:FCEL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The energy company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.41) by ($0.23). The company had revenue of $33.00 million for the quarter, compared to the consensus estimate of $38.79 million. FuelCell Energy had a negative net margin of 113.60% and a negative return on equity of 16.85%. On average, equities research analysts predict that FuelCell Energy, Inc. will post -2.09 earnings per share for the current year.

Key FuelCell Energy News

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

• Positive Sentiment: A rally in the fuel-cell sector lifted FuelCell Energy alongside Bloom Energy after Bloom was confirmed for inclusion in the S&P 500. The move appears to reflect increased investor interest in fuel-cell companies as potential beneficiaries of rising electricity demand from artificial-intelligence data centers. Bloom Energy Climbs 7% as Fuel Cell Bid Spreads Beyond Its S&P 500 Add
• Positive Sentiment: Craig-Hallum reportedly reinstated or began coverage of FuelCell Energy with a Buy rating, citing an emerging data-center opportunity. The endorsement provides a positive counterpoint to the company’s recent post-earnings selloff. FuelCell Energy Reinstated With Buy Rating at Craig-Hallum
• Neutral Sentiment: Analysts and investors continue comparing FuelCell Energy with Bloom Energy as both companies pursue opportunities tied to AI-related power demand. The comparison highlights long-term potential but does not provide a new contract or revenue commitment for FCEL. Bloom Energy vs. FuelCell Energy
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations and disclosures involving FuelCell Energy. These announcements increase headline and litigation risk, although they represent allegations and do not establish wrongdoing. FCEL Investor Alert: Kirby McInerney Investigation
• Negative Sentiment: Investors remain concerned about FuelCell Energy’s large quarterly gross loss, which was linked substantially to its Fit Energy supply agreement. The resulting margin pressure and weaker-than-expected earnings were key reasons for the recent decline and continue to weigh on the stock. FuelCell Scrutinized Over Fit Energy Disclosures

Insider Buying and Selling at FuelCell Energy

In other FuelCell Energy news, EVP Shankar Achanta sold 2,500 shares of the company's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $28.71, for a total value of $71,775.00. Following the completion of the transaction, the executive vice president directly owned 2,618 shares in the company, valued at $75,162.78. This represents a 48.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.46% of the stock is currently owned by insiders.

FuelCell Energy Company Profile

FuelCell Energy, Inc is a clean energy technology company that develops, manufactures, operates and services stationary fuel cell power platforms. Its systems generate electricity through an electrochemical process, producing power with low emissions and without combustion. The company serves utilities, commercial and industrial customers, municipalities, universities and other organizations seeking distributed and resilient energy solutions.

The company's offerings include its SureSource fuel cell platforms, which can be configured for applications such as on-site power generation, microgrids, combined heat and power, and grid-support services.

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