Fusion Fuel Green PLC (HTOO) AI Stock Analysis
HTOO AI stock analysis summary
AI ResearchFusion Fuel Green PLC is a renewable utility company providing proprietary hydrogen generators and green hydrogen solutions across Southern Europe and Morocco. Annual revenue surged 762.7% to $13.8M in FY2025, narrowing its net loss to -$1.6M. However, operating cash flow was -$7.9M in FY2025, and cash reserves stood at $575,000 as of March 31, 2026.
- Market cap
- $14.4M
- Revenue (TTM)
- $14.0M
- P/E
- —
- 1Y return
- -61.1% S&P 500 16.8%
- Avg. target
- $2.62 36.5% vs last close
Bull case
- Revenue grew 762.7% to $13.8M in FY2025, achieving a two-year revenue CAGR of 82.8% from FY2023.
- Annual net loss narrowed significantly from -$31.0M in FY2023 to -$1.6M in FY2025.
- The mean analyst price target of $2.62 implies a 36.5% upside over the last close of $1.92.
Bear case
- Cash and short-term investments stood at $575,000 as of March 31, 2026, alongside a current ratio of 0.53.
- Free cash flow remained negative at -$8.2M in FY2025 following -$8.5M in FY2024 and -$17.8M in FY2023.
- The stock has declined 61.1% over the past year and 99.6% over the past five years.
What Fusion Fuel Green does
Fusion Fuel Green PLC specializes in hydrogen production across Portugal, Southern Europe, and Morocco, serving as a player in the green hydrogen sector. Founded in 2018 and headquartered in Dublin, Ireland, the company delivers proprietary hydrogen generators to clients who manage their own green hydrogen facilities to reduce carbon emissions. Beyond equipment provision, Fusion Fuel Green PLC supplies green hydrogen as a product alongside operational and monitoring services for these facilities. Its integrated hydrogen production model serves natural gas networks, ammonia production, oil refineries, regulatory bodies, and governmental departments.
Growth and profitability
Revenue grew at a two-year CAGR of 82.8% from FY2023 to FY2025. Annual revenue decreased 61.3% from $4.1M in FY2023 to $1.6M in FY2024, before climbing 762.7% to $13.8M in FY2025. Gross margin shifted from -384.7% in FY2023 to 27.2% in FY2024 and 27.9% in FY2025. Operating margin improved from -894.4% in FY2023 and -1070.5% in FY2024 to -64.2% in FY2025. Net income was -$31.0M in FY2023, -$13.8M in FY2024, and -$1.6M in FY2025. For the trailing twelve months ended March 31, 2026, revenue stood at $14.0M with quarterly revenue growth falling 5.7% year-over-year. Operating margin for the trailing twelve months was -56.9% and EPS was -$0.99.
Balance sheet and cash flow
As of March 31, 2026, Fusion Fuel Green PLC held $575,000 in cash and short-term investments alongside total debt of $2.2M, resulting in net debt of $1.6M. Total assets were $36.0M and shareholders' equity was $16.2M, reflecting a debt-to-equity ratio of 0.14 and a current ratio of 0.53. In FY2025, operating cash flow was -$7.9M and free cash flow was -$8.2M, with capital expenditures of $309,296. Over five years, the share count change was 79.0%.
Valuation and performance
Fusion Fuel Green PLC trades at a price-to-sales ratio of 1.0x and an EV-to-EBITDA multiple of 10.5x, below the median of its US-listed Utilities peers of 2.4x and 12.1x, respectively. Its price-to-book ratio is 0.9x and EV-to-revenue is 1.1x, against a market cap of $14.4M and enterprise value of $18.7M. The stock closed at $1.92 on October 16, 2026, down 61.1% over the past year and down 99.6% over five years. In comparison, the S&P 500 (SPY) returned 16.8% over one year and 83.0% over five years.
What analysts expect
Wall Street coverage for Fusion Fuel Green PLC features a mean price target of $2.62, which reflects an upside of 36.5% compared to the last close of $1.92 recorded on October 16, 2026. Over the last 4 quarters, the company recorded 1 EPS beat against earnings expectations. In terms of ownership, insiders hold 7.8% of shares, institutional investors own 0.3%, and the short interest stands at 0.3% of the float.
Key risks and what to watch
- A current ratio of 0.53 and $575,000 in cash against $2.2M of total debt as of March 31, 2026, poses liquidity challenges.
- Persistent negative operating cash flow of -$7.9M in FY2025 creates dilution risk following a five-year share count change of 79.0%.
- A beta of 1.86 indicates substantially higher volatility than the overall equity market.
- Quarterly revenue growth declined 5.7% year-over-year in the latest quarter ended March 31, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this HTOO AI stock analysis
This page is an AI-written research summary of Fusion Fuel Green PLC (HTOO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: HTOO income statement, HTOO balance sheet, HTOO key metrics, HTOO chart. See the HTOO stock overview for the latest quote and news.
HTOO AI stock analysis FAQ
What does Fusion Fuel Green PLC do?
Fusion Fuel Green PLC develops green hydrogen production infrastructure across Portugal, Southern Europe, and Morocco. It supplies proprietary hydrogen generators and provides operational and monitoring services to clients operating hydrogen plants.
Does Fusion Fuel Green PLC pay a dividend?
No, Fusion Fuel Green PLC does not pay a dividend.
What is Fusion Fuel Green PLC's revenue and profit profile?
In FY2025, the company posted $13.8M in revenue and a net loss of -$1.6M. For the trailing twelve months ended March 31, 2026, revenue stood at $14.0M with an EPS of -$0.99.
What is the analyst price target for HTOO?
The mean analyst price target for HTOO is $2.62, representing a 36.5% premium to the last closing price of $1.92 on October 16, 2026.
What is Fusion Fuel Green PLC's balance sheet position?
As of March 31, 2026, Fusion Fuel Green PLC reported $575,000 in cash and short-term investments, $2.2M in total debt, and a current ratio of 0.53.