Analyst Price Targets — FCEL
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| March 10, 2026 9:43 am | Lloyd Byrne | Jefferies | $7.20 | $7.16 | StreetInsider | FuelCell Energy (FCEL) PT Lowered to $7.20 at Jefferies |
| December 22, 2025 1:55 am | — | Wells Fargo | $7.00 | $8.34 | TheFly | FuelCell price target raised to $7 from $5 at Wells Fargo |
| December 19, 2025 11:17 am | Jed Dorsheimer | Canaccord Genuity | $12.00 | $9.64 | StreetInsider | Canaccord Genuity Reiterates Hold Rating on FuelCell Energy (FCEL) |
| September 17, 2025 10:31 am | — | UBS | $7.25 | $7.65 | TheFly | FuelCell price target raised to $7.25 from $4.50 at UBS |
| September 5, 2024 3:58 pm | Jed Dorsheimer | Canaccord Genuity | $37.20 | $12.43 | StreetInsider | FuelCell Energy (FCEL) PT Lowered to $1.25 at Canaccord Genuity |
| June 11, 2024 7:34 am | Ryan Pfingst | B.Riley Financial | $45.00 | $27.06 | StreetInsider | FuelCell Energy (FCEL) PT Lowered to $1.50 at B.Riley |
| June 10, 2024 4:36 pm | Jed Dorsheimer | Canaccord Genuity | $45.00 | $29.37 | StreetInsider | Canaccord Genuity Reiterates Hold Rating on FuelCell Energy (FCEL) |
| December 14, 2022 11:10 am | Manav Gupta | UBS | $115.50 | $113.20 | Benzinga | What's Going On With FuelCell Shares |
| June 10, 2022 2:10 pm | Eric Stine | Craig-Hallum | $90.00 | $111.45 | Benzinga | Craig-Hallum Cuts FuelCell Energy Price Target By Half - Read Why |
| March 25, 2022 12:00 am | Jeffrey Osborne | Cowen & Co. | $172.50 | $186.60 | Pulse 2.0 | FuelCell Energy (FCEL) Stock: $5.75 Price Target And Market Perform Rating |
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Latest News for FCEL

FCEL eyes 2026 growth via Korea projects and AI data center demand, but backlog pressure, low production scale, and timing risks cloud visibility.

FuelCell Energy bets on 12.5 MW modular blocks to power AI data centers, but scaling depends on converting proposals into contracts and ramping output.

FuelCell Energy faces timing risks as backlog shrinks and funding needs loom, but data center demand and execution could drive upside.

FuelCell Energy targets data center power demand with modular 12.5 MW blocks, enabling faster deployment as AI-driven growth strains grid capacity.

DANBURY, Conn., March 23, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) is taking significant steps toward meeting the speed of delivery and surging demand of data centers for on-site, utility‑scale continuous power.
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