FuelCell Energy (FCEL) Stock Forecast & Price Target

$0.53

-0.01 (-1.84%)

(As of 07/26/2024 ET)

FuelCell Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for FuelCell Energy in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 3 analysts, 1 has given a sell rating, and 2 have given a hold rating for FCEL.

Consensus Price Target

$1.50
181.85% Upside

High Forecast	$2.00
Average Forecast	$1.50
Low Forecast	$1.00

According to the 3 analysts' twelve-month price targets for FuelCell Energy, the average price target is $1.50. The highest price target for FCEL is $2.00, while the lowest price target for FCEL is $1.00. The average price target represents a forecasted upside of 181.85% from the current price of $0.53.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Reduce	Reduce	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$1.50	$1.83	$2.00	$2.96
Forecasted Upside	181.85% Upside	21.41% Upside	22.08% Upside	0.62% Upside

Get FuelCell Energy Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for FCEL and its competitors with MarketBeat's FREE daily newsletter.

Ad American Hartford Gold Group

Prepare for a Recession Unlike Any Other

Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.

GET THE FREE GUIDE

FCEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FCEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

FuelCell Energy Stock vs. The Competition

Type	FuelCell Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	1.67	2.56	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	186.75% Upside	223.72% Upside	9.03% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/25/2024	B. Riley 4 of 5 stars	R. Pfingst Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
9/13/2023	Canaccord Genuity Group 1 of 5 stars		Lower Target	Hold ➝ Hold	$3.00 ➝ $2.00	+49.81%
9/12/2023	Wells Fargo & Company 3 of 5 stars		Lower Target	Underweight ➝ Underweight	$1.50 ➝ $1.00	-25.93%
6/9/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$3.00 ➝ $2.50	+9.65%
12/13/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$3.85	+5.48%
10/19/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$3.00	-3.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:07 PM ET.

FCEL Forecast - Frequently Asked Questions

What is FuelCell Energy's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for FuelCell Energy is $1.50, with a high forecast of $2.00 and a low forecast of $1.00.
Should I buy or sell FuelCell Energy stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FuelCell Energy in the last twelve months. There is currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" FCEL shares.
Does FuelCell Energy's stock price have much upside?: According to analysts, FuelCell Energy's stock has a predicted upside of 11.73% based on their 12-month stock forecasts.
Has FuelCell Energy been upgraded by Wall Street analysts recently?: Over the previous 90 days, FuelCell Energy's stock had 1 upgrade by analysts.
What analysts cover FuelCell Energy?: FuelCell Energy has been rated by research analysts at B. Riley in the past 90 days.
Do Wall Street analysts like FuelCell Energy more than its competitors?: Analysts like FuelCell Energy less than other "oils/energy" companies. The consensus rating for FuelCell Energy is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how FCEL compares to other companies.