Fuel Tech Inc (FTEK)
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-11-05
$1.33-7.64%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-11-05
QuarterlyIQ Insights · FTEK
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 | -37.5% |
| Our one-year growth estimate | diamond |
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.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
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.
| 14.6% |
Growth built into the price is above our model estimate.
The price assumes 52.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 2 industry peers · Company calendar date is not available
FTEK — earnings in line
Dated 2026-11-03
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On November 3, 2026, Fuel Tech, Inc. ("Fuel Tech” or the “Registrant”) issued a press release which contained, among other things, an announcement of Fuel Tech's financial results for the fiscal quarter ended September 30, 2026. A copy of the Press Release is furnished as Exhibit 99.1 to this Form 8-K.
Why it matters: Management said Q3 has often been strong for FUEL CHEM. It also expects 2026 revenue near last year's level.
Supportive ifQ3 FUEL CHEM revenue is at least $3.7 million and near or above the same quarter last year.
Worry ifQ3 FUEL CHEM revenue is below $3.7 million and below the same quarter last year.
Why it matters: Ramesh Nuggihalli took over in August. His outlook can show whether he keeps the 2026 view or changes it.
Watch forOn the November 3 earnings call, the CEO keeps the full-year 2026 outlook and names progress in APC, FUEL CHEM, or DGI.
Also watch forOn the November 3 earnings call, the CEO cuts the full-year outlook or reports a delay in a named project.
Why it matters: Fuel Tech reported losses in both first-half quarters. Smaller losses would show progress toward covering its operating costs.
Supportive ifQ3 net loss is less than $1.2 million and adjusted EBITDA loss is less than $1.2 million.
Worry ifQ3 net loss or adjusted EBITDA loss is $1.2 million or more.
Why it matters: Company-wide gross margin fell to 41% in Q2 from 46% a year earlier. A recovery would ease pressure from lower margins in both main segments.
Supportive ifQ3 company-wide gross margin is above 41%, with higher margins in APC or FUEL CHEM.
Worry ifQ3 company-wide gross margin is 41% or less. Both APC and FUEL CHEM margins stay below their levels from a year earlier.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
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 | ±$211 on $10,000 · ±2.1% | How much price usually moves either way. |
| Bad day | $706 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,591 loss on $10,000 · 45.9% | 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.