FuelCell Energy Target of Unusually Large Options Trading (NASDAQ:FCEL)

FuelCell Energy, Inc. (NASDAQ:FCEL) was the target of unusually large options trading activity on Thursday. Stock investors purchased 11,003 call options on the stock. This is an increase of 47% compared to the typical volume of 7,463 call options.

FuelCell Energy Stock Down 13.5%

FuelCell Energy stock opened at $8.34 on Friday. FuelCell Energy has a one year low of $3.58 and a one year high of $13.98. The stock has a fifty day moving average of $7.87 and a 200 day moving average of $6.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.85 and a current ratio of 5.37. The stock has a market cap of $269.30 million, a PE ratio of -1.06 and a beta of 1.17.

FuelCell Energy (NASDAQ:FCEL) last announced its earnings results on Thursday, December 18th. The energy company reported ($0.83) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.97) by $0.14. FuelCell Energy had a negative return on equity of 19.32% and a negative net margin of 118.80%.The business had revenue of $55.02 million for the quarter, compared to analysts’ expectations of $47.23 million. During the same period last year, the firm posted ($1.99) earnings per share. As a group, sell-side analysts predict that FuelCell Energy will post -6.11 EPS for the current year.

FuelCell Energy News Summary

Here are the key news stories impacting FuelCell Energy this week:

• Positive Sentiment: Q4 results beat expectations: revenue of $55.0M and non‑GAAP EPS of -$0.83 topped estimates, and backlog rose to $1.19B — evidence of demand that drove the prior day’s sharp rally. FuelCell Energy Ends FY2025 with Revenue Growth
• Positive Sentiment: Management is emphasizing a push into data‑center power markets and says it has a solid cash runway to pursue those opportunities — a growth narrative some investors find attractive. FuelCell Energy Touts Strong Cash Runway
• Positive Sentiment: Analyst reaction mixed but mildly constructive: TD Cowen raised its price target to $9 (hold), giving a small cushion above current levels and signaling some analyst support for the company’s near‑term outlook.
• Neutral Sentiment: Full earnings and call transcripts are available for review (useful for investors who want management commentary on margins, backlog conversion and timing). Q4 2025 Earnings Call Transcript
• Negative Sentiment: Despite the quarter’s beat, the company reported a much larger full‑year net loss (net loss per share of -$7.42) and worsening annual metrics that raise strategic and execution questions for some investors. Quarterly Losses Narrow But Annual Deficit Raises Questions
• Negative Sentiment: Critical commentary and sell-side/opinion pieces flagged concerns about EBITDA, cash burn and long‑term viability, which likely triggered profit‑taking after the big post‑earnings pop. Sell Thesis: A Day Late And A Dollar Short
• Negative Sentiment: Market commentary notes that, while revenue grew, underlying profitability/EBITDA hasn’t improved enough to convince some investors — a theme driving today’s downside pressure. Why FCEL Stock Is Down

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd boosted its stake in shares of FuelCell Energy by 1,316.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 7,618 shares of the energy company’s stock worth $59,000 after acquiring an additional 7,080 shares during the last quarter. PharVision Advisers LLC bought a new position in FuelCell Energy in the 3rd quarter worth $107,000. Sherbrooke Park Advisers LLC purchased a new position in FuelCell Energy during the third quarter valued at $229,000. Qube Research & Technologies Ltd purchased a new position in FuelCell Energy during the third quarter valued at $1,542,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FuelCell Energy by 15.0% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 385,021 shares of the energy company’s stock valued at $3,003,000 after purchasing an additional 50,228 shares during the period. 42.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FCEL has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of FuelCell Energy from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of FuelCell Energy in a research note on Monday. TD Cowen lifted their target price on FuelCell Energy from $7.00 to $9.00 and gave the stock a “hold” rating in a report on Friday. Zacks Research upgraded FuelCell Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of FuelCell Energy in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, FuelCell Energy currently has a consensus rating of “Hold” and an average target price of $9.06.

FuelCell Energy Company Profile

FuelCell Energy, Inc (NASDAQ: FCEL) is a publicly traded company that designs, manufactures and operates turnkey molten carbonate fuel cell power plants. These stationary, on-site energy solutions generate electricity and heat through an electrochemical process that combines natural gas or biogas with oxygen, producing power with lower greenhouse gas emissions than traditional fossil fuel-based generation. The company’s fuel cell technology is engineered for continuous, baseload operation and can be integrated into microgrid architectures and industrial power systems to provide reliable, around-the-clock energy.

The company’s core product suite, marketed under the SureSource brand, encompasses both power generation and integrated carbon capture or hydrogen production capabilities.