Fuelcell Energy Inc Stock Price Target Forecast, (FCEL) Prediction 2022, 2023, 2025, 2030

January 06, 2022.

FuelCell Energy Inc. (NASDAQ: FCEL) Price To Soar -39.17 Percent In The Near Future 

The stock is buoying the session at $5.32, falling within a range of $5.26 and $5.845. Actively following the price movement in recent trading, the stock is buoying the session at $5.32, falling within a range of $5.26 and $5.845. The beta (5-year monthly) value is 4.73. The peak point of the stock’s 52-week performance was $29.44, while the low point was $4.83. Over the last month, FCEL has changed by -26.06 percent on average.

Investors are looking forward to this quarter’s results, which are slated for March 14, 2022 – March 18, 2022, because FuelCell Energy Inc.’s market capitalization is now about $2.00 billion. As a consequence, before the firm releases its earnings report, investors may wish to see a price increase in the stock. Analysts estimate the company’s earnings per share (EPS) will be -$0.05 in fiscal year -$0.2, increasing to -$0.04 in fiscal year -$0.2, and then to about -$0.11 in fiscal year 2023, according to analysts. According to data, EPS growth in 2023 is predicted to be 33.30 percent, while EPS growth the following year is expected to be 45.00 percent.

Analysts expect sales of $27.73 million for the quarter, with a low estimate of $17.8 million and a high estimate of $47.92 million. Sales growth in the current quarter might increase by 25.40 percent compared to the same quarter last year, according to the average projection. Wall Street analysts also expected that the company’s y-o-y revenues would reach $143.97 million in 2023, reflecting a 106.90 percent rise over the previous year’s performance.

There have been no upward or downward revisions for the firm in the previous seven days, which might be a good sign for gaining insight into short-term price volatility. We can see that FCEL’s technical picture reveals that short-term indications indicate that the stock is on average a 100 percent sell. However, medium-term indications have classified the company as a Hold, while long-term indicators have consistently indicated that it is a 100 percent Sell.

On a scale of 1.00 to 5.00, 11 analyst(s) have provided their assessments on the stock’s projected evaluation, indicating a strong buy to a strong sell recommendation. 9 analyst(s) have given the stock a Hold rating, 0 have given it a Buy rating, and 0 have given the FCEL stock an Overweight rating. Meanwhile, 0 analyst(s) rates the stock as Underweight, while 2 rate it as a Sell. Given a result, investors who want to raise their holdings of the company’s stock will be able to do so, as the stock’s average rating is Hold.

The PEG ratio for FCEL is roughly 0, according to technical analysis, with the stock now trading nearly -18.85 percent and -36.87 percent away from the simple moving averages for 20 and 50 days, respectively. The Relative Strength Index (RSI, 14) is now at 32.38, while the 7-day volatility ratio is at 9.21 percent, and the 30-day volatility ratio is at 7.95 percent. FuelCell Energy Inc. (FCEL) also has a beta of 4.56 and an average true range (ATR) of 0.58. Over the next 52 weeks, the company’s stock is expected to trade at an average price of $5.81, with a low of $5.00 and a high of $7.00. The low is 0.6 percent off current price, while the price must move -39.17 percent to reach the yearly goal high, according to these price targets. Furthermore, investors are likely to enjoy analysts’ consensus price of $5.75, which marks a -14.31 percent reduction from current levels.

stocksregister.com is the source of this information.


December 30, 2021

FuelCell Energy Inc (FCEL) Stock Price and Forecast: Why did FCEL stock drop 13% on Wednesday?

Earnings were the reason for additional losses yesterday. Earnings per share (EPS) were worse than projected, at -$0.07 compared to -$0.04 predicted. Revenue came in at $13.935 million, compared to projections of $21.77 million. FCEL stock had started the week on a high note after the business announced a deal with POSCO Energy. “We are very delighted to have struck a deal with POSCO that ensures FuelCell Energy’s access to the Asian market,” said Jason Few, president and CEO of FuelCell. However, the stock was unable to maintain its gains and, even before results, appeared to be in trouble.

Stock prediction for FuelCell Energy (FCEL)

FCEL stock broke some critical support levels after the results announcement, and additional losses are expected ahead when stop losses are triggered below $5. Our call from yesterday pinpointed the critical support level, which was confirmed by a strong break. “The daily chart indicates a strong downward trend, although yesterday’s finish of $5.87 is slightly above support from the previous low of $5.86 in October. This is a faint ray of hope, but a collapse of this support would result in more losses, with sub-$5 probable on the horizon “.. In Thursday’s premarket, FCEL stock is trading at $5.05.

Now that the $5.85/6 support has been broken, the next logical goal is $5. Momentum has completely vanished in this market, and these retail stocks rely on it to stay afloat. The green bars on the right of the chart below indicate a volume gap when the price breaks $5. Because there is no price discovery, a volume gap indicates that a rapid move is more likely. We can notice the volume disparity till $3.

fxstreet.com is the source of this information.


December 29, 2021

FuelCell Energy Inc (FCEL) stock price and earnings forecast: FCEL earnings miss by a large margin

FuelCell Energy (FCEL) released results on Wednesday before the market opened. EArnings per share (EPS) were $0.07 lower than expected, with analysts expecting a loss of $0.04. Revenue was $13.9 million, compared to $21.86 million expected.

To the end of October 2021, cash was $432.2 million, up to $149.9 million a year earlier.

We had slightly lower revenue in fiscal year 2021 than in fiscal year 2020, but we made significant progress on our in-flight projects as well as new technology and applications in development, such as the successful demonstration of our solid oxide fuel cell’s effectiveness “Mr. Jason Few, President and CEO, stated. “We have successfully settled our legal actions with POSCO Energy Co., Ltd. and cleared our access to the Asian market since the end of fiscal year 2021. Our 7.4 megawatt power platform at the US Navy Submarine Base in Groton, CT, and our 7.4 megawatt power platform in Yaphank, NY, have both been commissioned. Furthermore, through April 30, 2022, we have extended our cooperative development agreement with ExxonMobil Research and Engineering Company.

fxstreet.com is the source of this information.


November 14, 2021

FuelCell Energy Stock Price and Forecast: As bulls lose momentum, FCEL need recharging.

There hasn’t been any current news flow on this one. Yes, a deal with ExxonMobil (XOM) was extended, but it was an extension of one that was already in place. Despite this, it was widely shared on social media.

Instead, a rising list of more broadly favourable sectoral circumstances has been in effect. President Biden is passionate about sustainable energy, and if he can persuade some dubious senators, his stimulus plan will include a clean energy component. Those from fossil-fuel states are particularly suspicious, as they have some good tax money from oil exploration that has to be replaced. The law should finally pass, albeit with certain provisions whittled down, due to the weight of popular opinion. Countries have made significant commitments at the COP26 meeting this week, which will boost the renewable energy sector even more. Climate change is a popular topic, and green money is looking for opportunities to invest in the next big thing.

Stock outlook for FuelCell (FCEL).

The FCEL chart helps us see the ideal arrangement more clearly. A mix of the correct sector, the previously indicated tailwinds, and a technical setup waiting for a trigger. FuelCell had been caught up in the initial panic in January, but has since calmed down.

A triangle formed as a result of the lower volatility. We then built a foundation that would prepare us for the breakout test. Although the first challenge of $8.30 was unsuccessful, the retreat to a higher low was optimistic. The Relative Strength Index also showed a positive divergence (RSI). The second breakout was flawless, and now FCEL is consolidating after the breakout move. FCEL shares must remain above $8.30 and actually above $8.93, the first breakthrough failure, to achieve additional momentum.

This will give purchasers time to regroup and drive the price of FCEL upward. We’ve returned to neutral and will close our holdings if the price falls below $8.30. The 200-day moving average at $10.60 will be the first target on the upside, followed by the June high at $12.55.

fxstreet.com is the source of this information.


October 22, 2021

Stock Price and Forecast for FuelCell Energy: Is FCEL stock on the verge of another bullish run?

FuelCell Energy (FCEL) stock was quite quiet on Thursday, which was unusual for the newest hot retail company. The name had risen to prominence on Monday as a result of increased interest among retail traders as a result of heavy social media chatter. The stock subsequently soared, gaining 18% on Monday. There’s nothing like momentum to attract new investors, but FCEL stock has been struggling since then. It has now had three consecutive red days. However, from a technical standpoint, it has held up pretty well and has not fallen below Monday’s low.

Stock outlook for FuelCell (FCEL).

On Monday, a sharp surge peaked out near our resistance zone (highlighted). This is the last step of the consolidation process, which began in June. For a period, this halted the decline in FCEL’s stock price before it began to fall again. At this level, there is certainly some supply, making it a source of resistance. The stock of FCEL, on the other hand, has stayed over $8, which is a critical level. It’s not just a great, even, round number, but it’s also helping to make a flag pattern. A bull flag pattern is formed by a powerful advance followed by consolidation. You may probably assume that it’s bullish because it’s called a bull flag pattern.

Rather, it is bullish as long as the flag’s bottom serves as support. This is priced at $8. In our opinion, a break below will signal the conclusion of the bullish trend. This previous consolidation zone around $9 to $9.50 will serve as resistance if it holds, consolidates, and breaks higher. Things flatten out in terms of volume until you go beyond $10.50, so gains are simpler to maintain. Breaking the flag would bring support from the 100-day moving average into play at $7.35, followed by a strong volume zone and the point of control at $6.16.

fxstreet.com is the source of this information.


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