It's that time again — investors are prepping for this week's earnings reports which include homebuilders, several apparel companies and a big tech company. MU stock is moving. See the chart and price action here. Monday, Dec. 15The week begins with the following companies reporting after Monday's closing bell:Navan, Inc. (NASDAQ:NAVN)Ark Restaurants Corp. (NASDAQ:ARKR)Champions Oncology, Inc. (NASDAQ:CSBR)Read Next: Rivian’s AI Turn VS. Lucid’s Uber Alliance: Robotaxi Race For Second-Place   Tuesday, Dec. ...

FuelCell Energy ( FCEL ) I remember being one of the supposed big ones in the green energy wave that occurred a few years ago. Its technology is fascinating and highly scalable, but the productionMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferr ...

Core Points - FuelCell Energy, Inc. will release its fourth quarter and fiscal year 2025 results on December 18, 2025, before the stock market opens [1] - A conference call with investors will take place at 10:00 a.m. Eastern Time on the same day to discuss the results and provide a business update [1] - Participants can access the live call via webcast or telephone, with a replay available approximately two hours after the call [2] Company Overview - FuelCell Energy, Inc. offers clean and reliable energy solutions that enable customers to access power quickly and manage emissions while maintaining operations [3] - The company provides efficient, scalable, and fuel-flexible systems that operate on natural gas, biofuels, or hydrogen, delivering steady baseload electricity globally [3] - With over 55 years of experience and nearly 200 modules deployed, FuelCell Energy assists customers in achieving their energy goals [3]

Core Insights - FuelCell Energy, Inc. has successfully closed a new round of debt financing with the Export-Import Bank of the United States, amounting to approximately $25 million, aimed at supporting its growth in international markets, particularly in South Korea [1][2][4] Financing Details - The financing provides about $25 million in gross proceeds, enhancing FuelCell Energy's capacity to deliver reliable baseload power to the utility market in South Korea and other international markets [2][4] - This transaction is part of EXIM's Project & Structured Finance program, which supports U.S. exporters in competing globally within the natural resource and infrastructure sectors [2] Project Development - Proceeds from the financing will be utilized for the next phase of the Gyeonggi Green Energy project, including additional module shipments and service [3] - The funding will specifically support the upgrade of 42 fuel cells at GGE's Hwaseong Baran Industrial Complex, which is significant as South Korea is a leader in fuel cell technology [4] Manufacturing and Supply Chain - All fuel cell modules are manufactured in the United States at FuelCell Energy's Torrington, Conn. facility, utilizing U.S.-sourced materials and suppliers for most of the production process [5] - This project underscores the importance of advanced U.S. manufacturing in meeting global energy demands [5] Company Overview - FuelCell Energy provides clean, reliable energy solutions that enable customers to access power quickly while managing emissions [6] - The company has over 55 years of expertise and nearly 200 modules deployed, offering scalable and fuel-flexible systems that run on natural gas, biofuels, or hydrogen [6]

Core Investment Thesis - Hydrogen fuel energy stocks are positioned as a strong long-term investment due to increasing global clean-energy demand, with green and low-carbon hydrogen capable of decarbonizing hard-to-electrify sectors [1][2] Industry Overview - Hydrogen-based electricity generation can alleviate renewable energy intermittency and grid bottlenecks, although it remains in early development stages [2] - The industry is capital-intensive, requiring significant funding for research, development, and large-scale project execution [12] Company Analysis: FuelCell Energy (FCEL) - FuelCell is strategically positioned to benefit from the rising demand for clean, reliable, and distributed power technologies, supported by government incentives and corporate decarbonization efforts [3] - The Zacks Consensus Estimate for FCEL's earnings per share shows a year-over-year increase of 1.56% in 2025 and 56.26% in 2026 [6] - FCEL's revenue estimates indicate a year-over-year increase of 34.69% in 2025 and 21.47% in 2026 [7] - FCEL has a lower debt-to-capital ratio of 19.4% compared to Bloom Energy's 62.57%, and trades at a lower Price/Sales (P/S) multiple of 1.07X [8][14][15] Company Analysis: Bloom Energy (BE) - Bloom Energy is well-positioned to meet the demand for low-carbon, on-site power technologies, with solid-oxide fuel cells that provide efficient, ultra-clean electricity [4] - The Zacks Consensus Estimate for BE's earnings per share reflects a year-over-year increase of 85.71% in 2025 and 78.75% in 2026 [6] - BE's revenue estimates show a year-over-year increase of 28.60% in 2025 and 37.74% in 2026 [10] - Bloom Energy's shares are trading at a premium with a P/S multiple of 9.4X [15][16] Comparative Analysis - Both FCEL and BE have strong backlogs due to the growing acceptance of fuel cell technology [5] - FCEL shows stronger revenue growth estimates for 2025, while BE leads in EPS growth estimates [8] - In the past month, shares of FCEL have decreased by 24%, while BE's shares have declined by 24.4% [18] Conclusion - Based on the analysis, FuelCell Energy has a slight edge over Bloom Energy due to better sales growth in 2025, lower debt-to-capital ratio, and a more attractive valuation, making it a preferable investment choice at this time [20]

Core Insights - FuelCell Energy's shares have increased by 47.5% over the past three months, significantly outperforming the Zacks Alternative Energy – Other industry's growth of 3.5% [1] - The company has a strong presence in the South Korean fuel cell market, benefiting from rising clean power demand from data centers and long-term service agreements [1][8] Price Performance - FuelCell Energy is currently trading above its 200-day simple moving average, indicating a bullish trend [6] - The company has outperformed both the Zacks Oil-Energy sector and the Zacks S&P 500 composite during the same period [1] Operational Developments - FuelCell Energy is undergoing a global restructuring to cut operating costs and refocus on core technologies [10] - The company has a backlog of 108 megawatts in four projects and has signed a memorandum of understanding to deploy 100 MW of fuel cell power at the AI Daegu Data Center in South Korea [11] Financial Performance - The backlog as of July 31, 2025, was $1.24 billion, reflecting a 4% year-over-year increase, indicating steady demand for FuelCell Energy's products [14] - Service agreement revenues increased to $3.1 million from $1.4 million in the previous year, showcasing consistent contributions to the top line [13] Growth Estimates - The Zacks Consensus Estimate for FuelCell Energy's fiscal 2026 sales and earnings per share indicates year-over-year growth of 21.47% and 56.26%, respectively [15] Debt Management - FuelCell Energy has a debt-to-capital ratio of 19.4%, significantly lower than the industry average of 59.4%, indicating prudent financial management [19] Market Position - The company's trailing 12-month return on equity is negative 20.53%, which is below the industry average of 7.89%, suggesting challenges in utilizing shareholders' equity effectively [21] Future Outlook - The increasing acceptance of fuel cell technology and rising concerns about emissions are expected to benefit FuelCell Energy in the long term [23] - The company's exposure to the South Korean market and improving estimates create more opportunities for growth [23]

Core Insights - The outlook for wind energy installations is strong, supporting alternative energy stocks, but rising turbine costs and U.S. tariffs may hinder momentum [1] - Accelerating transportation electrification is expected to drive significant growth in the U.S. electric vehicle market, benefiting clean energy stocks [1] Industry Overview - The Zacks Alternative Energy-Other industry consists of companies involved in generating and distributing alternative energy and those engaged in developing renewable projects [2] - Renewable energy investments reached a record $386 billion in the first half of 2025, marking a 10% year-over-year increase [2] Trends Impacting the Industry - Wind energy is rapidly growing due to favorable policies and technological advancements, with global wind capacity projected to reach 196.5 GW by 2030 [3] - The U.S. EV market is experiencing a surge, with sales hitting an all-time high of 438,487 EVs in Q3 2025, a 40.7% increase sequentially [4] Cost Challenges - Rising installation costs, driven by higher steel prices and U.S. tariffs, are significant hurdles for clean energy developers [5] - A 50% decrease in turbine orders in H1 2025 compared to the previous year highlights the impact of tariffs and policy uncertainty [6] Industry Performance - The Zacks Alternative Energy industry ranks 142, placing it in the bottom 41% of over 243 Zacks industries, indicating a negative earnings outlook [7][9] - The industry has outperformed the Zacks Oil-Energy sector and the S&P 500, with a 32% increase over the past year compared to 2.1% and 15.7% respectively [11] Valuation Metrics - The industry is currently trading at a trailing 12-month EV/EBITDA ratio of 21.93X, higher than the S&P 500's 18.31X [14] Notable Companies - **FuelCell Energy**: Reported a loss of 95 cents per share, improving 45% year-over-year, with a 97% increase in revenue to $46.74 million [17] - **OPAL Fuels**: Produced nearly 1.3 million MMBtu of renewable natural gas, a 30% increase year-over-year [20] - **Bloom Energy**: Reported earnings of 15 cents per share, with a 57.3% increase in revenue to $519 million [23]

Core Insights - Plug Power Inc. (PLUG) and FuelCell Energy, Inc. (FCEL) are key players in the fuel cell technology market, focusing on innovative product solutions and electrolysis platforms [1][2] Group 1: Plug Power (PLUG) - PLUG has shown signs of recovery with a revenue increase of 21% year-over-year in Q2, driven by strong demand for its GenEco proton exchange membrane (PEM) electrolyzers [3][4] - The company is expected to benefit from strong electrolyzer demand in Europe, with significant projects underway, including a 10 MW GenEco electrolyzer delivered to Galp's Sines Refinery [4][6] - PLUG is expanding its partnerships, including a two-gigawatt electrolyzer project in Uzbekistan, enhancing its position in large-scale hydrogen solutions [5] - The company launched Project Quantum Leap to improve margins and cash flow, aiming for over $200 million in annualized savings, although it faces challenges with gross margins and liquidity [7] Group 2: FuelCell Energy (FCEL) - FCEL has secured strong orders, including a seven-year deal with CGN-Yulchon for advanced carbonate fuel cell modules, expanding its presence in Asia [8][10] - The company has a generation backlog of $1.24 billion, reflecting a year-over-year growth of 4%, with a contract for a 7.4 MW fuel cell power plant expected to add over $160 million in future revenues [9][10] - FCEL is well-positioned to capitalize on the growing demand from data centers, with modular power block solutions tailored for this market [11] - The company has implemented a restructuring program to lower operating costs and strengthen its core technologies, despite facing high operating costs and negative gross margins [12] Group 3: Financial Performance and Valuation - The Zacks Consensus Estimate for PLUG's 2025 sales is $707.5 million, indicating a year-over-year growth of 12.5%, with an expected loss of 62 cents per share [13] - FCEL's fiscal 2025 sales estimate is approximately $151 million, reflecting a growth of 34.7% year-over-year, with an expected loss of $7.59 per share [14] - In the past three months, PLUG's shares surged 86.8%, while FCEL's stock gained 58.2% [15] - PLUG is trading at a forward price-to-earnings ratio of negative 9.12X, while FCEL's forward earnings multiple is negative 2.21X [16] Group 4: Market Position and Outlook - PLUG's strong position in the green hydrogen market, robust demand for electrolyzers, and strategic investments are likely to drive long-term performance [17] - FCEL's solid backlog and strength in the fuel cell market position it for strong long-term growth [17] - Both companies hold a Zacks Rank 2 (Buy), but PLUG's growth initiatives suggest a marginal advantage over FCEL [19]

Core Viewpoint - FuelCell Energy, Inc. (FCEL) is showing potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend reversal [1][4]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), signaling a bullish breakout [2]. - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer one, and maintaining upward momentum [3]. Performance Metrics - FCEL shares have increased by 52.9% over the past four weeks, indicating strong upward movement [4]. - The company holds a 2 (Buy) rating on the Zacks Rank, suggesting further potential for breakout [4]. Earnings Outlook - The earnings outlook for FCEL is positive, with no downward revisions in the past two months and two upward revisions, leading to an increase in the Zacks Consensus Estimate [4]. - Investors are encouraged to monitor FCEL for potential gains due to its key technical levels and favorable earnings estimate revisions [6].

Group 1 - FuelCell Energy (FCEL) is currently outperforming its peers in the Oils-Energy sector, with a year-to-date return of approximately 13.2%, compared to the sector average of 6.2% [4] - The Zacks Consensus Estimate for FCEL's full-year earnings has increased by 18.5% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [4] - FuelCell Energy holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the broader market in the near term [3] Group 2 - FuelCell Energy is part of the Alternative Energy - Other industry, which has seen an average gain of 43.7% this year, indicating that FCEL is slightly underperforming its industry [6] - Another stock in the Oils-Energy sector, RGC Resources Inc. (RGCO), has returned 9.5% year-to-date and also holds a Zacks Rank of 2 (Buy) [5] - The Oil and Gas - Refining and Marketing industry, to which RGC Resources belongs, has gained 15.5% this year, ranking 26 in the Zacks Industry Rank [6]