UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 13, 2024 FUELCELL ENERGY, INC. (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | |-------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|--------- ...

Fourth Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $49.3 million, compared to $22.5 millionGross loss of $(10.9) million compared to $(1.5) millionLoss from operations of $(41.0) million compared with $(36.4) millionNet loss per share was $(2.21) compared with $(2.07) Fiscal Year 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $112.1 million, compared to $123.4 millionGross loss of $(35.9) million compared to $(10.5) mi ...

Shares of FuelCell Energy (FCEL) have gained 70.5% over the past four weeks to close the last trading session at $11.95, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $29.40 indicates a potential upside of 146%.The mean estimate comprises six short-term price targets with a standard deviation of $21.44. While the lowest estimate of $5 indicates a 58.2% decline from the current ...

FuelCell Energy (FCEL 9.16%) stock jumped 7% through 11:10 a.m. ET Wednesday on what appears to be rather ho-hum news. This morning, the manufacturer of stationary fuel cells for off-grid power production set a date for reporting its Q4 2024 earnings results. Earnings will come out next Thursday, Dec. 19, at 10 a.m. ET. Time for a reset at FuelCellNext Thursday will be a big day for FuelCell, as the company has been undergoing some big changes. On Nov. 7, FuelCell announced plans to revive its lagging stock ...

Shares of FuelCell Energy (FCEL) have gained 4.6% over the past four weeks to close the last trading session at $10.70, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $29.61 indicates a potential upside of 176.7%.The average comprises six short-term price targets ranging from a low of $5 to a high of $60.06, with a standard deviation of $21.26. While the lowest estimate indicat ...

A downtrend has been apparent in FuelCell Energy (FCEL) lately with too much selling pressure. The stock has declined 27.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, ...

Core Viewpoint - FuelCell Energy, Inc. is implementing a 1-for-30 reverse stock split to increase its stock price and regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share [3][4]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect at 5:00 p.m. Eastern time on November 8, 2024, with trading on a post-split basis starting on November 11, 2024 [1][2]. - Every 30 shares of common stock will be combined into 1 share, affecting all holders uniformly, with no fractional shares issued [4][6]. - Stockholders entitled to fractional shares will receive a cash payment based on the closing price on November 8, 2024 [4]. Group 2: Compliance and Investor Appeal - The primary goal of the reverse stock split is to increase the bid price of the common stock to meet Nasdaq's listing requirements and attract a broader range of investors [3][4]. - The company has filed a Certificate of Amendment with the Secretary of State of Delaware to effectuate the reverse stock split [2]. Group 3: Company Overview - FuelCell Energy, Inc. is a leader in sustainable energy technologies, holding 531 fuel cell technology patents globally [8]. - The company provides sustainable products and solutions to various customers, including businesses, utilities, and governments [8].

Company to receive approximately $9.4 million in debt financing; FuelCell Energy to pursue additional financing to support the working capital needs of this transactionFinancing to support purchase agreement for forty-two 1.4-megawatt upgraded carbonate fuel cell modules to replace existing units at GGE’s Hwaseong Baran Industrial Complex DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) today announced that it has closed on a project debt financing transaction with the ...

Industry Overview - The Zacks Alternative Energy industry is divided into two main groups: one focuses on the generation and distribution of alternative energy, while the other is involved in the development and installation of renewable projects [2] - The industry includes companies offering fuel cell energy solutions, which have gained traction as affordable clean energy options [2] - Global spending on clean energy technologies is projected to reach $2 trillion in 2024, indicating significant growth opportunities in the clean energy sector [2] Key Trends - Wind energy is a major growth driver, with wind turbines accounting for approximately 10.2% of total U.S. utility-scale electricity generation in 2023, and a projected 5% year-over-year increase in 2024 [3][4] - The U.S. electric vehicle (EV) market is expected to grow at a CAGR of 6.6% from 2024 to 2029, supported by favorable government policies and declining battery prices, which enhances the prospects for clean energy stocks [4] Challenges - Rising costs of renewable installations, particularly due to increased prices of steel and other essential minerals, have posed challenges for clean energy installers [5] - The U.S.-China relationship may impact the green energy supply chain, as China accounts for up to 90% of refining capacity for rare earth elements critical to green energy products [6] Market Performance - The Alternative Energy Industry has outperformed its sector over the past year, with a collective stock surge of 24.2%, compared to a 2.6% decline in the Oils-Energy Sector [8] - The industry is currently trading at a trailing 12-month EV/EBITDA ratio of 9.06, significantly lower than the S&P 500's 18.90 [9] Company Highlights - **Talen Energy Corporation (TLN)**: Announced an increase in its share repurchase program to $1.25 billion, with a projected 2025 sales estimate of $2.29 billion, reflecting a 16.3% improvement year-over-year [11] - **FuelCell Energy (FCEL)**: Reported a 22% year-over-year increase in generation revenues, with a backlog of $1.20 billion, and a projected 2025 sales estimate of $2.29 billion, indicating an 84.5% improvement [12] - **TXNM Energy**: Achieved a 2.3% year-over-year increase in operating revenues and a 14.5% surge in operating income [13]

Investors might want to bet on FuelCell Energy (FCEL) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individu ...