FuelCell Energy, Inc. (FCEL) Stock Forecast
FCEL analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.82 / 5 from 11 analysts
- Price target
- $21.10 average of analyst targets
- Upside to target
- +62.3% from the latest close
- Next earnings
- —
- 52-week range
- $6.00 – $36.01
FCEL analyst ratings
11 analystsNumber of analysts at each rating.
FCEL price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
FCEL earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Jul '26) | −$0.39 | −$0.45 | −$0.32 | −$1.02 | +61.3% | 3 |
| Next quarter (Jan '27) | −$0.23 | −$0.26 | −$0.20 | −$0.52 | +54.8% | 4 |
| Current fiscal year (FY2026) | −$2.17 | −$2.93 | −$1.90 | −$7.40 | +70.6% | 4 |
| Next fiscal year (FY2027) | −$1.02 | −$1.48 | −$0.83 | −$2.17 | +53.1% | 6 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
FCEL revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Jul '26) | $38.8M | $35.6M | $42.6M | −17.0% | 8 |
| Next quarter (Jan '27) | $55.3M | $37.9M | $65.0M | +81.2% | 5 |
| Current fiscal year (FY2026) | $145.5M | $139.7M | $151.0M | −8.0% | 9 |
| Next fiscal year (FY2027) | $242.3M | $223.6M | $287.8M | +66.5% | 9 |
FCEL EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
FCEL revenue: reported and forecast
FCEL EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Jul '26) | −$0.51 | −$0.49 | −$0.37 | −$0.37 | −$0.39 | −22.6% | 1 up · 0 down |
| Next quarter (Jan '27) | −$0.41 | −$0.47 | −$0.31 | −$0.28 | −$0.23 | −42.7% | 1 up · 0 down |
| Current fiscal year (FY2026) | −$1.78 | −$1.76 | −$2.43 | −$2.17 | −$2.17 | +21.8% | 0 up · 1 down |
| Next fiscal year (FY2027) | −$1.30 | −$1.09 | −$0.98 | −$1.04 | −$1.02 | −21.4% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
FCEL earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; FCEL beat in 7 of 12.
What analysts expect from FCEL
11 analysts cover FuelCell Energy; their consensus rating is buy (3.82 on a 1–5 scale, where 5 is a strong buy). The average price target is $21.10, 62.3% above the latest close of $13.00. Analysts expect earnings of −$2.17 per share for FY2026, +70.6% from a year earlier. For FY2027 the average estimate is −$1.02 per share on revenue of $242.3 million. FuelCell Energy beat the EPS estimate in 7 of the last 12 quarters.
Related: FCEL income statement, FCEL key metrics, FCEL chart. See the FCEL stock overview for the latest quote and news.
FCEL forecast FAQ
What is FuelCell Energy's price target?
The average analyst price target for FuelCell Energy is $21.10, 62.3% above the latest close of $13.00.
Is FuelCell Energy a buy, hold or sell?
Of 11 analysts covering FuelCell Energy, 6 rate it a strong buy, 0 a buy, 3 a hold, 1 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is FuelCell Energy's EPS forecast?
Analysts forecast −$2.17 per share for FY2026 (range −$2.93 to −$1.90); for FY2027 the estimate is −$1.02.
What is FuelCell Energy's revenue forecast?
The average revenue estimate for FY2026 is $145.5 million, growth of −8.0%; for FY2027 it is $242.3 million.
Does FuelCell Energy usually beat earnings estimates?
FuelCell Energy reported EPS at or above the analyst estimate in 7 of the last 12 quarters.