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FuelCell Energy, Inc. (FCEL) Stock Forecast

Data as of May 2, 2026

Industrials · Current price $13.11 (+0.85%)

Consensus Target
$8.73
Upside
-33.4%
Analysts
2
Rating
Hold(3.50)

Price Target Range

Low $7.00Consensus $8.73High $12.00
▲ Current $13.11

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy0
Hold0
Sell1
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 10, 2026Lloyd ByrneJefferies$7.20-45.1%
Dec 19, 2025Jed DorsheimerCanaccord Genuity$12.00-8.4%
Sep 5, 2024Jed DorsheimerCanaccord Genuity$37.20+183.9%
Jun 11, 2024Ryan PfingstB.Riley Financial$45.00+243.4%
Jun 10, 2024Jed DorsheimerCanaccord Genuity$45.00+243.4%
Dec 14, 2022Manav GuptaUBS$115.50+781.3%
Jun 10, 2022Eric StineCraig-Hallum$90.00+586.8%
Mar 25, 2022Jeffrey OsborneCowen & Co.$172.50+1216.3%

FCEL vs Sector & Market

MetricFCELIndustrials AvgLarge Cap Avg
Analyst Rating3.502.412.41
Analyst Count2818
Target Upside-33.4%+85.0%+14.9%
P/E Ratio-2.6228.2031.19

Revenue Estimates

PeriodLowAvgHigh#
2026-10-31$159M$163M$166M5
2027-10-31$208M$231M$255M5
2028-01-31$63M$72M$82M2
2028-04-30$71M$81M$92M1
2028-07-31$75M$86M$97M2
2028-10-31$78M$89M$101M2
2029-01-31$69M$79M$89M3
2029-04-30$73M$83M$95M2
2029-07-31$84M$96M$108M3
2029-10-31$88M$101M$114M3
2030-10-31$611M$697M$791M3

EPS Estimates

PeriodLowAvgHigh#
2026-10-31$-2.05$-1.89$-1.733
2027-10-31$-2.06$-1.82$-1.393
2028-01-31$-0.65$-0.56$-0.461
2028-04-30$-0.62$-0.53$-0.441
2028-07-31$-0.59$-0.51$-0.421
2028-10-31$-0.59$-0.50$-0.421
2029-01-31$-0.31$-0.27$-0.221
2029-04-30$-0.25$-0.21$-0.181
2029-07-31$-0.19$-0.16$-0.141
2029-10-31$-0.16$-0.13$-0.111
2030-10-31$0.10$0.13$0.151

Frequently Asked Questions

What is the analyst consensus for FCEL?

The consensus among 2 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?

2 analysts have issued ratings for FuelCell Energy, Inc. in the past 12 months.

Is FCEL a buy or sell right now?

Based on 2 analyst ratings, FCEL has a consensus rating of Hold (3.50/5) with a -33.4% 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.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.