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FuelCell Energy (FCEL) Stock Forecast & Price Target

$0.68
+0.01 (+1.49%)
(As of 06/24/2024 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

Consensus Price Target

$1.83
169.49% Upside
High Forecast$2.50
Average Forecast$1.83
Low Forecast$1.00
TypeCurrent Forecast
6/26/23 to 6/25/24
1 Month Ago
5/27/23 to 5/26/24
3 Months Ago
3/28/23 to 3/27/24
1 Year Ago
6/26/22 to 6/26/23
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
1 Hold rating(s)
1 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$1.83$2.00$2.00$3.34
Forecasted Upside169.49% Upside22.08% Upside22.08% Upside10.83% Upside
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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.
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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.
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FuelCell Energy Stock vs. The Competition

TypeFuelCell EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
1.50
2.56
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside169.49% Upside779.20% Upside10.30% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/13/2023Canaccord Genuity Group
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 Lower TargetHold ➝ Hold$3.00 ➝ $2.00+49.81%
9/12/2023Wells Fargo & Company
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 Lower TargetUnderweight ➝ Underweight$1.50 ➝ $1.00-25.93%
6/27/2023B. Riley
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 Lower Target$4.00 ➝ $2.50+14.68%
6/9/2023Craig Hallum
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 Lower Target$3.00 ➝ $2.50+9.65%
12/13/2022UBS Group
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 Initiated CoverageNeutral$3.85+5.48%
10/19/2022Jefferies Financial Group
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 Initiated CoverageHold$3.00-3.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:49 AM ET.

FCEL Forecast - Frequently Asked Questions

What is FuelCell Energy's stock forecast and purchase recommendation?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for FuelCell Energy is $1.83, with a high forecast of $2.50 and a low forecast of $1.00. The consensus rating for FuelCell Energy stock is Reduce based on the current 1 sell rating and 1 hold rating for FCEL. Learn more on FCEL's analyst rating history.

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.

Does FuelCell Energy's stock price have much upside?

According to analysts, FuelCell Energy's stock has a predicted upside of 21.41% based on their 12-month stock forecasts.


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This page (NASDAQ:FCEL) was last updated on 6/25/2024 by MarketBeat.com Staff

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