FCEL — FuelCell Energy Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates FCEL Bearish with a Setup Score of 0, net conviction 20, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction20
Actionability0 (extended)

Key signals behind this score

About FuelCell Energy Inc

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$21.03
Market Cap$1.84B
Float67.4M
Shares Outstanding79.9M
P/E (Forward)17.06
Price/Sales (TTM)10.95
vs. Analyst Target+4.6% to analyst PT
Profit Margin-132.41%
Operating Margin (TTM)-99.32%
Revenue (TTM)$168M
Dividend RateNone
Analyst Target Price$22.00 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $70.9M -$89.1M -$7.7M -$54.4M
2021 $69.6M -$101M -$15.6M -$73.8M
2022 $130M -$143M -$29.6M -$119M
2023 $123M -$108M -$10.5M -$74.9M
2024 $112M -$126M -$35.9M -$111M
2025 $158M -$188M -$26.4M -$140M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jul 2025 $46.7M -$91.7M
Oct 2025 $55.0M -$29.9M
Jan 2026 $30.5M -$23.7M
Apr 2026 $35.6M -$77.6M

Ownership & Float

Insider Ownership0.2%
Institutional Ownership38.7%
Short Float10.2%
% of All Funds Holding1.68%
Number of Funds Holding138

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$21.32Near-term / short-term trend
Weekly40-Week SMA$11.35Medium-term trend
Weekly80-Week SMA$8.71Cyclical trend (business cycle)
Weekly200-Week SMA$33.60Secular trend (multi-year)
Monthly10-Month SMA$13.75Near-term monthly trend
Monthly20-Month SMA$9.82Medium-term monthly trend
Monthly40-Month SMA$22.17Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$13.30 support 2.97x 1 months ago
$6.40 support 1.88x 2 months ago
$4.10 support 2.69x 9 months ago

Historical Earnings Reactions (124 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.16% 0.00% 48.39% 16.45% -23.98%
1 Day -0.42% -0.52% 37.90% 31.66% -34.38%
1 Week -0.92% -1.63% 36.29% 69.48% -51.52%
2 Weeks -0.12% -3.31% 38.71% 71.27% -46.88%
1 Month -0.65% -2.49% 41.46% 78.76% -53.13%

Next earnings: September 9, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.4%38.2%34
Feb4.4%47.1%34
Mar-1.4%47.1%34
Apr0.8%38.2%34
May4.4%58.8%34
Jun-6.4%38.2%34
Jul-1.0%35.3%34
Aug2.6%44.1%34
Sep2.2%44.1%34
Oct-1.0%47.1%34
Nov14.9%32.4%34
Dec10.4%52.9%34

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.06% 41.5% 1612
Tuesday 0.18% 43.2% 1759
Wednesday 0.25% 44.6% 1757
Thursday -0.15% 41.5% 1723
Friday 0.11% 42.7% 1713

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 38.7%

Insider Transactions — Smart Summary

Total insider ownership: 0.2%

12-Month Insider Activity Summary

Total Filings3
Net Value-$91,775
Net Shares Change-13,608
% of Float-0.0%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Achanta Shankar EVP, Chf. Product &Tech Ofc. -$91,775 2 N/A
Bingham Betsy B -$73,371.149 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-08 Achanta Shankar EVP, Chf. Product &Tech Ofc. -$71,775 Transaction at $28.71, now -26.8%
2026-04-21 Achanta Shankar EVP, Chf. Product &Tech Ofc. -$20,000 Transaction at $8.00, now +162.9%
2025-12-23 Bingham Betsy B -$73,371.149 Transaction at $8.52, now +146.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for FuelCell Energy Inc (FCEL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FCEL on Trend Edge →