FCEL - FuelCell Energy, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
0.3375
-0.0075 (-2.17%)
As of 12:42PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.3450
Open0.3480
Bid0.3378 x 3100
Ask0.3420 x 800
Day's Range0.3360 - 0.3649
52 Week Range0.1300 - 14.6400
Volume2,884,605
Avg. Volume17,747,159
Market Cap45.112M
Beta (3Y Monthly)0.91
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • FuelCell Names New CEO as Troubled Clean-Tech Company Retools
    Bloomberg

    FuelCell Names New CEO as Troubled Clean-Tech Company Retools

    (Bloomberg) -- FuelCell Energy Inc. has named a new chief executive officer as the nearly insolvent clean-tech company pushes to reverse its fortunes.Jason Few, a FuelCell board member, will take over the Danbury, Connecticut-based company on Aug. 26, according to a statement Tuesday. “In his past experience as a president and CEO, Few has developed strategic plans to capture growth” and led “a billion-dollar turnaround,” the company said. Fuel Cell fired its previous CEO in June.Key InsightsFew’s appointment comes as FuelCell ’s shares have plunged 98% in the last year, leaving it with a market value of $37 million. It hired restructuring officers in June and warned investors of substantial doubt that it can continue as a going-concern. Founded in 1969, Danbury, Connecticut-based FuelCell was a pioneer in commercializing devices that generate electricity through an electro-chemical process. But the technology has failed to compete with wind and solar.FuelCell hasn’t recorded an annual profit since 1997. Market ReactionFuelCell shares sank as much as 9.3% to 33 cents a share.Get MoreLink to company statementExxon Throws Troubled Clean-Tech Company a $10 Million LifelineFuelCell Energy Fires CEO Bottone as Market Value CrashesTo contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • FuelCell Energy (FCEL) Stock Moves -0.12%: What You Should Know
    Zacks

    FuelCell Energy (FCEL) Stock Moves -0.12%: What You Should Know

    In the latest trading session, FuelCell Energy (FCEL) closed at $0.34, marking a -0.12% move from the previous day.

  • FuelCell (FCEL) to Report Q2 Earnings: What's in Store?
    Zacks

    FuelCell (FCEL) to Report Q2 Earnings: What's in Store?

    FuelCell Energy (FCEL) is slated to report fiscal Q2 results on Jul 11. Earnings in the to-be-reported quarter are expected to benefit from the initiatives undertaken to expand fuel cell operations.

  • Do Options Traders Know Something About FuelCell Energy (FCEL) Stock We Don't?
    Zacks

    Do Options Traders Know Something About FuelCell Energy (FCEL) Stock We Don't?

    Investors need to pay close attention to FuelCell Energy (FCEL) stock based on the movements in the options market lately.

  • Wind Power to Lift Alternative Energy Space in the Near Term
    Zacks

    Wind Power to Lift Alternative Energy Space in the Near Term

    Wind Power to Lift Alternative Energy Space in the Near Term

  • FuelCell Energy to Provide a Carbon Capture Solution in UK
    Zacks

    FuelCell Energy to Provide a Carbon Capture Solution in UK

    FuelCell Energy's (FCEL) CCS technology will reduce carbon emission in Drax Power Station.

  • NextEra Energy Partners (NEP) Prices Notes to Refinance Debt
    Zacks

    NextEra Energy Partners (NEP) Prices Notes to Refinance Debt

    NextEra Energy Partners' (NEP) disciplined investment approach will allow it to expand operations, remain competitive and increase cash distribution of its unitholders.

  • Revenue Numbers Aside, There’s No Good Reason to Buy PLUG Stock
    InvestorPlace

    Revenue Numbers Aside, There’s No Good Reason to Buy PLUG Stock

    Plug Power (NASDAQ:PLUG) has had a long and unsuccessful run on the capital markets. Plug stock started trading in 1998 around $120 per share (split-adjusted) and ran up to as high as $1,500 per share over the next couple of years.But the price collapsed shortly thereafter and has never recovered. Shares dropped under $10 in 2008, and PLUG stock would fall to as low as 13 cents earlier this decade. In 2014, PLUG stock briefly spiked to $10, but that rally failed as well and shares are back down to $2 now.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis is a classic sort of boom and bust trading pattern of many small NASDAQ companies. They labor on for many years, hoping to commercialize some new or improved technology with limited success.Plug Power fits the mold. It has been able to generate a fair amount of revenue over the years. But it has never reached a point of achieving consistent profits; in general, its margins have been too low for the business to ever take off. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 Huge Ongoing LossesDespite scaling up its revenues dramatically, there is little evidence that Plug Power is about to become a viable profitable business. From 2013 to 2018, Plug Power has increased its revenues from $25 million to $175 million. Gross profit, however, only flipped from a small loss to a gain of $2.6 million in 2018.Normally, if revenues go up sevenfold, you'd expect it to do more for your profit margins. Making $2.6 million in profit on your goods sold off of $175 million is rather lackluster.The company spends about $40 million per year on overhead. On top of that, it is spending around $30 million per year on R&D. Thus, while it only makes a gross profit of less than $3 million, it has more than $70 million in other costs that it has to fund each year to keep the business operating and competitive.Throw in more expenses, such as interest on the company's rising debt load, and annual losses approach $100 million per year. This figure has been spiking upward recently, even as revenues have gone up dramatically.As such, there's simply not much evidence that Plug Power's current business model is anywhere close to a trajectory needed to eventually become a solid business for PLUG stock owners. Hydrogen Still Is an Issue for Plug PowerThere are niche markets where hydrogen fuel cells are already practical products with viable use cases. But much of the enthusiasm for this sort of stock comes from the idea that hydrogen is going to go mainstream. Some folks, such as the people who publish Capitalist Exploits suggest that hydrogen is about to take off.They say hydrogen stocks will boom over the next five to ten years and investors have to get in now before the market surges.I don't buy their argument. If you read the full report, much of it is about the potential for future hydrogen fuel cell usage in mass markets such as transportation vehicles. But this market has already existed, to a limited extent, for the past decade and is showing little sign of reaching an inflection point now.If anything, electric vehicles are making it harder for hydrogen to take off. How many alternatives to internal combustion engine vehicles is the market going to support at once?It's worth considering that we've seen this movie before. A decade ago, billionaire Boone Pickens heavily pushed natural gas-powered vehicles. The Clean Fuels (NASDAQ:CLNE) company was a multi-billion market cap outfit that intended to take natural gas cars mainstream. It didn't work out, however. Despite natural gas fuel being both cheaper and cleaner than gasoline, the savings weren't sufficient to cause a mass shift.Hydrogen faces many more obstacles than natural gas did in trying to go mainstream. Hydrogen is more dangerous - see this station blowing up recently, for example, which led Toyota (NYSE:TM) to stop selling its hydrogen models. Stations using hydrogen cost much more to build than gas stations or electric charging facilities. And outside of a few markets like California, there isn't enough hydrogen infrastructure in place. PLUG stock could get a big boost if hydrogen vehicles get popular. But I'd bet heavily that they won't over the next few years. PLUG Stock VerdictCompetitor FuelCell Energy (NASDAQ:FCEL) got rid of its CEO and hired a restructuring firm earlier this month. That strongly implies the possibility that FuelCell will be going bankrupt shortly. That's even with them announcing a new deal with ExxonMobil (NYSE:XOM) recently. FCEL stock is down to 22 cents, and has lost 99% of its value over the past year.FuelCell's collapse has served as another reminder of the difficulty of taking hydrogen mainstream. There's a huge difference between having a cool technology that works in a lab, and having something that you can sell in the mass market profitably.Now, Plug Power isn't about to follow FuelCell's path. At least not yet. Plug Power's market cap is still over $500 million, meaning that it has plenty of ability to keep issuing new shares to fund its ongoing losses. Still, one must wonder how long the market will keep tolerating Plug Power's unending string of massive cash burn.After twenty years on the public markets, it's increasingly hard to think that the company's business model will ever turn into a significant success for its shareholders.At the time of this writing, Ian Bezek owned XOM stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post Revenue Numbers Aside, There's No Good Reason to Buy PLUG Stock appeared first on InvestorPlace.

  • Benzinga

    With Concerns Mounting, FuelCell Wins Deal With Exxon Mobil

    Nano-cap Fuel Cell Energy (NASDAQ: FCEL ) shares spiked higher after the company reported a licensing deal with Exxon Mobil (NYSE: XOM ) Research and Engineering company. This isn't the first partnership ...

  • Plug Power (PLUG) Completes the Acquisition of EnergyOr
    Zacks

    Plug Power (PLUG) Completes the Acquisition of EnergyOr

    Acquisition of EnergyOr enables Plug Power (PLUG) to enhance use of fuel cell and expand footprint in the UAV market.

  • FuelCell Energy (FCEL) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
    Zacks

    FuelCell Energy (FCEL) May Report Negative Earnings: Know the Trend Ahead of Q2 Release

    FuelCell Energy (FCEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • FuelCell Energy (FCEL) Acquires Bridgeport Fuel Cell Park
    Zacks

    FuelCell Energy (FCEL) Acquires Bridgeport Fuel Cell Park

    FuelCell Energy's (FCEL) acquisition adds annual revenues in excess of $15 million per year.

  • Is FuelCell Energy, Inc.'s (NASDAQ:FCEL) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is FuelCell Energy, Inc.'s (NASDAQ:FCEL) CEO Paid Enough Relative To Peers?

    Chip Bottone became the CEO of FuelCell Energy, Inc. (NASDAQ:FCEL) in 2011. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business de...

  • Plug Power (PLUG) Supplies ProGen Hydrogen Engines to CHEM
    Zacks

    Plug Power (PLUG) Supplies ProGen Hydrogen Engines to CHEM

    Partnership with CHEM to create new opportunities for Plug Power (PLUG) in the global stationary power systems market.

  • A Fuel-Cell Maker Needs a Savior and Nobody's Raising a Hand
    Bloomberg

    A Fuel-Cell Maker Needs a Savior and Nobody's Raising a Hand

    Today, FuelCell has been reduced to a shell of the company it was -- all but crushed by the economics of solar and wind power and outgunned by rivals including Bloom Energy Corp. that offer more flexible and less bulky systems. Last year, its once-biggest investor -- the South Korean steelmaker Posco -- ended a decade-long relationship. FuelCell’s chief operating officer left last week.

  • Ballard Power (BLDP) to Supply Fuel Cell Modules in Norway
    Zacks

    Ballard Power (BLDP) to Supply Fuel Cell Modules in Norway

    Ballard Power (BLDP) to provide two next-generation 200 kW modules for the first liquid hydrogen fuel cell-powered ferry in Norway.

  • Ballard Power (BLDP) to Establish Marine CoE in Denmark
    Zacks

    Ballard Power (BLDP) to Establish Marine CoE in Denmark

    Ballard Power (BLDP) is on track to provide zero-emission solutions to heavy duty fuel cell modules.

  • Thomson Reuters StreetEvents

    Edited Transcript of FCEL earnings conference call or presentation 7-Mar-19 3:00pm GMT

    Q1 2019 FuelCell Energy Inc Earnings Call

  • FuelCell Energy (FCEL) Q1 Loss Wider than Expected, Sales Top
    Zacks

    FuelCell Energy (FCEL) Q1 Loss Wider than Expected, Sales Top

    FuelCell Energy's (FCEL) first-quarter fiscal 2019 results hurt by low performance in the product segment.

  • Ballard (BLDP) Q4 Loss Wider Than Expected, Revenues Beat
    Zacks

    Ballard (BLDP) Q4 Loss Wider Than Expected, Revenues Beat

    Ballard Power (BLDP) reports better-than-expected fourth-quarter revenues.

  • FuelCell Energy, Inc. (NASDAQ:FCEL): Will The Growth Last?
    Simply Wall St.

    FuelCell Energy, Inc. (NASDAQ:FCEL): Will The Growth Last?

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! FuelCell Energy, Inc.'s (NASDAQ:FCEL) released its most recent earnings updateRead More...

  • Is FuelCell Energy, Inc. (NASDAQ:FCEL) A Financially Sound Company?
    Simply Wall St.

    Is FuelCell Energy, Inc. (NASDAQ:FCEL) A Financially Sound Company?

    FuelCell Energy, Inc. (NASDAQ:FCEL) is a small-cap stock with a market capitalization of US$58m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they Read More...

  • Thomson Reuters StreetEvents

    Edited Transcript of FCEL earnings conference call or presentation 10-Jan-19 3:00pm GMT

    Q4 2018 FuelCell Energy Inc Earnings Call