FuelCell Energy Inc (FCEL)
NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-11-04
$10.54-5.98%
Close 2026-11-04 · 1-day change
NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-11-04
QuarterlyIQ Insights · FCEL
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -25.8% |
| Our one-year growth estimate | diamond | 65.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 91.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has been missing across recent quarters and has erratic recent earnings surprises. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 14 industry peers
FCEL — CEO transition
Dated 2026-10-07
CFO — Michael S. Bishop: The CFO is ceasing his role as a principal financial officer and receiving a severance package, indicating a genuine departure from the executive team.
Why it matters: The next phase would turn part of the 350 MW option into a firm order. The option alone does not promise payment or sales.
Supportive ifFit Energy picks Phase 1 for 100 MW. FuelCell Energy reports the deposit and adds it to committed backlog.
Worry ifFit Energy does not elect Phase 1, or the company reports no election by its next earnings update.
Why it matters: Management tied this production goal to its path toward positive Adjusted EBITDA. The company reported about 37.1 MW at an annual rate in Q3.
Supportive ifThe next company update reports an annual production rate of at least 100 MW for October 2026.
Worry ifThe next company update reports an October production rate below 100 MW, or says the goal has slipped.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$546 on $10,000 · ±5.5% | How much price usually moves either way. |
| Bad day | $1,146 loss on $10,000 · 11.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,084 loss on $10,000 · 70.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.