FUELCELL ENERGY INC (FCEL)
Industrials · fuel cell manufacturing and distributed energy · NASDAQ
A clean energy fuel cell manufacturer producing stationary power plants for distributed generation, hydrogen production, and carbon capture applications.
What FUELCELL ENERGY INC does
FuelCell Energy is a stationary fuel cell manufacturer with 22 years of operating experience, founded in 1969 to research and develop electrochemical power generation. The company designs and manufactures fuel cell power plants for distributed generation, distributed hydrogen production, and carbon capture or carbon separation applications. FuelCell Energy serves utility and commercial customers through project-based contracts and government development programs.
Themes: ["clean energy / fuel cells","hydrogen production","distributed generation","carbon capture technology","stationary power systems"]
Fundamentals
- Price$23.00 as of 2026-07-09 close
- Market cap$1.6B as of 2026-07-10
- 1-year return+310.7% as of 2026-07-09 close
- Net margin-132.4% as of 2026-07-10
- Gross margin-17.4% as of 2026-07-10
- ROE-31.0% as of 2026-07-10
- Debt / equity0.17 as of 2026-07-10
- Revenue growth (YoY)+29.7% as of 2026-07-10
- Revenue CAGR (3y)+6.6% SEC XBRL
- Beta2.36 as of 2026-07-10
Dividend: yield +0.2%; pays a dividend.
Key risks (from latest filing)
["Risk that bid awards will not convert to contracts or contracts will not convert to revenue; commercialization of new products may not occur as anticipated or without adequate capacity to satisfy demand","Dependence on government subsidies, economic incentives, and appropriations for alternative energy technologies; government ability to terminate development contracts and exercise \"march-in\" rights on patents","Need for additional financing; inability to generate positive cash flow from operations; inability to reduce levelized cost of energy and meet cost reduction targets, which are critical to commercial viability"]
Competitors & peers
- Plug Power (PLUG)
- Ballard Power Systems
- Bloom Energy (BE)
- Hydrogenics
- Cummins Inc. (CMI)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.