FCEL Stock Symbol: What You Need to Know About the Company's Financials, Stock Price, and Competition

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FCEL stock symbol is listed on the NASDAQ stock exchange, where it trades under the ticker symbol PLUG's main competitor.

FCEL's financials are publicly available, and its stock price is influenced by its revenue growth and competition in the hydrogen fuel cell market.

The company's stock price has been affected by its partnerships with major companies, such as Ballard Power Systems and Daimler AG.

As of the latest available data, FCEL's market capitalization is around $1.5 billion.

Financial Performance

In 2024, FuelCell Energy's revenue was a significant drop from the previous year, decreasing by -9.13% to $112.13 million.

The company's losses were substantial, standing at -$129.21 million, a 16.6% increase from 2023.

The revenue decrease is a notable trend, down from $123.39 million in 2023.

FCEL stock performance is also worth noting, with a previous close of $7.77 and a day range of $7.56 to $8.075.

Here's a breakdown of FCEL stock's performance:

The company's diluted EPS (TTM) was -$7.83, indicating a significant loss per share.

Stock Performance

Credit: youtube.com, FuelCell Energy Stock Short Squeeze explained | FCEL Stock Price Predictions & Analysis 2025

FCEL stock has had its ups and downs. The previous close price was $7.77.

The stock's day range was between $7.56 and $8.075. This indicates a relatively narrow trading range.

FCEL's year range is much wider, from $5 to $45. This shows significant volatility in the stock's price over the past year.

The market capitalization of FCEL is $157,054,000. This is a significant amount of money, indicating a substantial company size.

FCEL's primary exchange is the NASDAQ. This is a well-established and reputable stock exchange.

Here's a summary of FCEL's stock performance in a table:

FCEL's stock has had significant price swings, with a 1 year change of -78.12%. This indicates a volatile stock that may be worth keeping an eye on.

Announces 1-for-30 Reverse Stock Split

FuelCell Energy, Inc. announced a 1-for-30 reverse stock split of its issued and outstanding shares of common stock.

This means that for every 30 shares of FCEL stock, shareholders will receive one new share.

Credit: youtube.com, Reverse Stock Splits: Good or Bad for Shareholders? 🤔

The reverse stock split was announced on November 7, 2024, and it will likely affect the stock's price and trading volume.

FuelCell Energy's stock symbol is FCEL, which will remain the same after the reverse stock split.

Shareholders will be asked to vote on the proposal, and a special meeting of shareholders has been scheduled to discuss the matter.

Risk and Competition

FCEL stock symbol is a player in the renewable energy sector, but it's not without its risks. The company's reliance on government incentives and tax credits makes its financials vulnerable to policy changes.

One key risk factor is the company's high debt levels, which could be a major burden if cash flow doesn't improve.

Unviable Business Model

FuelCell Energy's struggles with their business model are a perfect example of how a company can falter despite innovative technology. They reported mixed Q4/FY2024 results with a disappointing gross margin performance.

The company's stock price took a hit due to common shareholder dilution from open market sales. This is a clear indication that their financial situation is precarious.

Credit: youtube.com, The Risk-Driven Business Model: Four Questions… by Serguei Netessine · Audiobook preview

A 17% workforce reduction is a drastic measure, but it's a step in the right direction for FuelCell Energy. This restructuring plan aims to significantly reduce costs and improve efficiency.

The company's inability to sustain a viable business model is a major concern. They've had to resort to project debt financing transactions, such as the one with the Export-Import Bank of the United States, to stay afloat.

Risk Analysis

When analyzing the risks of investing in a particular company, it's essential to look at the shareholder dilution. Shareholders have been substantially diluted in the past year.

High volatility in the share price is a significant concern. Highly volatile share price over the past 3 months compared to the US market.

The company's financial situation is also a major risk factor. Currently unprofitable and not forecast to become profitable over the next 3 years.

This lack of profitability can make it difficult for the company to invest in its future and stay competitive.

Competitors

Credit: youtube.com, Risk 2 Competition

In the world of business, competition is a given. Companies are constantly vying for market share and customers.

One of the biggest competitors in the tech industry is Amazon, which has disrupted the market with its innovative business model. Amazon's ability to offer fast and cheap shipping has made it a go-to choice for consumers.

Google, another tech giant, is also a major competitor in the online advertising space. Its algorithm-driven ads have become the standard for online marketing.

Microsoft, a pioneer in the software industry, is also a competitor in the tech space. Its Windows operating system is still widely used today.

The competition in the tech industry is fierce, with new companies emerging every year.

Frequently Asked Questions

Is FCEL stock a good investment?

Based on analyst consensus, FCEL stock has a Moderate Sell rating, indicating potential risks. However, it also has 2.68% upside potential, making it worth considering for investors seeking growth opportunities.

Who are the largest shareholders of FCEL?

FCEL's largest shareholders include institutional investors such as Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. These major stakeholders hold significant portions of the company's outstanding shares.

What is FuelCell Energy symbol?

FuelCell Energy's stock symbol is FCEL, listed on the Nasdaq Global Market. Find out more about investing in FCEL.

Does FuelCell Energy have a future?

FuelCell Energy is refocusing its strategy to drive topline revenue growth and future profitability, indicating a positive outlook for the company's long-term prospects. The company's efforts to reduce operating costs and prioritize core technologies suggest a commitment to sustainability and growth.

How to buy fuel cell stock?

To buy fuel cell stock, create an account on a reputable trading platform like eToro. This will give you a secure and user-friendly way to invest in fuel cell companies.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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