Core Viewpoint - FuelCell Energy (FCEL) is currently experiencing a bearish trend, with shares down 44.8% over the past six months, contrasting with a 41.1% increase in its industry [1][2]. Financial Performance - FCEL reported a negative earnings surprise in Q4 of fiscal 2024, but operations are expected to improve in 2025 due to a global restructuring focusing on core technologies [2]. - The Zacks Consensus Estimate for FCEL's fiscal 2025 earnings per share indicates a year-over-year growth of 29.44%, while revenues are expected to grow by 61.16% [10]. Operational Developments - The company is undergoing a global restructuring in the U.S., Canada, and Germany to lower operating costs and realign resources towards core technologies [7]. - FCEL has received a contract to build a 7.4 MW fuel cell power plant in Hartford, CT, which is projected to add over $160 million to its future revenue backlog, which stood at $1.16 billion at the end of fiscal 2024, reflecting a year-over-year growth of 12.6% [8]. Research and Development - FCEL continues to invest in R&D, holding 167 U.S. patents and 375 patents in other jurisdictions related to fuel cell technology, which supports its innovation and revenue diversification [9]. Financial Ratios - The trailing 12-month return on equity (ROE) for FCEL is -18.58%, significantly lower than the industry average of 8.27% [13]. - FCEL has a current debt to capital ratio of 16.79%, which is much lower than the industry average of 61.17%, indicating a more conservative approach to debt [15]. Market Position - The increasing backlog and demand for fuel cell technology suggest a positive long-term outlook for FCEL, despite current lower returns compared to the industry and expected losses in upcoming quarters [17].

DANBURY, Conn., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a Connecticut-based global leader in delivering clean, innovative fuel cell solutions for the supply, recovery, and storage of energy, announced that it will build a 7.4 MW fuel cell power plant in Hartford, Conn. The project will deliver Class 1 renewable baseload power to the local grid in support of the state’s Renewable Portfolio Standard. The power produced by the fuel cell plant will be sold to the local distributi ...

Core Insights - The company is undergoing a global restructuring aimed at enhancing its operations and focusing on core technologies related to distributed power generation, grid resiliency, and data center growth, which is expected to strengthen its position by 2025 [1][5]. Financial Performance - FuelCell Energy (FCEL) shares have seen an 11.5% decline over the past month, which is greater than the 7% decline in its industry [3]. - The fiscal fourth quarter 2024 results showed earnings per share lower than estimates, indicating potential challenges ahead [3]. - As of October 31, 2024, the company's backlog increased by nearly 13.1% year-over-year to $1.16 billion, up from $1.03 billion a year earlier, primarily due to the GGE Agreement [6]. Earnings Estimates - The Zacks Consensus Estimate for FCEL's fiscal 2025 earnings per share indicates a year-over-year growth of 29.44%, while revenue is expected to grow by 61.66% [18]. - Current earnings estimates for the upcoming quarters show a projected EPS of -1.70 for Q1 2025 and -5.44 for the current year [8]. Debt and Valuation - The company maintains a lower debt level compared to industry peers, with a debt to capital ratio of 16.86%, significantly lower than the industry average of 61.17% [10]. - FCEL is currently trading at a forward 12-month P/E ratio of -1.81, contrasting with the industry average of 23.44 [20]. Market Position and Future Outlook - The company is expected to benefit from the increasing acceptance of fuel cell technology and growing concerns about emissions, as indicated by the rising backlog [13]. - Through restructuring, the company aims to reduce operating costs by nearly 15% year-over-year in fiscal 2025 [16].

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...

The Company continues to invest in capability with the goal of reducing production bottlenecks and driving productivity, including investments in automation, laser welding, and the construction of additional integrated conditioning capacity. The Company also constructed a SureSource 1500 in Torrington during fiscal year 2022, which operates as a testing facility for qualifying new supplier components and performance testing and validation of continued platform innovations, including carbon recovery. During ...

FuelCell Energy TodayFCELFuelCell Energy$10.42 +1.09 (+11.68%) 52-Week Range$5.45▼$55.20Price Target$10.23Add to WatchlistFuelCell Energy’s NASDAQ: FCEL FQ4 2024 report had plenty of positive details, but the net result was not good. The company struggles to gain traction, losses continue to mount, and short interest grows, likely pushing the market lower.  Short interest, which was running above 25% at the end of November, was up 20% sequentially, helping to cap December market gains. However, the real da ...

FuelCell Energy, Inc. (NASDAQ:FCEL) Q4 2024 Earnings Conference Call December 19, 2024 10:00 AM ET Company Participants Tom Gelston - Investor Relations Jason Few - President & Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants George Gianarikas - Canaccord Genuity Saumya Jain - UBS Noel Parks - Tuohy Brothers Dushyant Ailani - Jefferies Operator Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, a ...

FuelCell Energy (FCEL) came out with a quarterly loss of $2.10 per share versus the Zacks Consensus Estimate of a loss of $1.64. This compares to loss of $2.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.05%. A quarter ago, it was expected that this fuel cell power plant maker would post a loss of $2.40 per share when it actually produced a loss of $2.10, delivering a surprise of 12.50%.Over the last four quarters, the ...

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 ...