FuelCell Energy, Inc. (NASDAQ:FCEL) will release its third quarter earnings report before the opening bell on Wednesday, Sept. 2.

Analysts expect the Danbury, Connecticut-based company to report a quarterly loss of 39 cents per share, versus a loss of $1.02 per share in the year-ago period. The consensus estimate for FuelCell Energy’s quarterly revenue is $38.82 million. It reported $46.74 million last year, according to Benzinga Pro.

On July 9, FuelCell Energy announced a collaboration with Siemens to accelerate the growth of fuel cell-based power generation.

Shares of FuelCell Energy fell 3% to close at $17.23 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • UBS analyst Manav Gupta upgraded the stock from Neutral to Buy and raised the price target from $22 to $27 on July 14, 2026. This analyst has an accuracy rate of 74%.
  • B. Riley Securities analyst Ryan Pfingst upgraded the stock from Neutral to Buy and increased the price target from $13 to $32 on June 29, 2026. This analyst has an accuracy rate of 62%.
  • Wells Fargo analyst Praneeth Satish maintained an Underweight rating and raised the price target from $6 to $8 on June 16, 2026. This analyst has an accuracy rate of 57%.
  • Jefferies analyst Laurance Alexander maintained a Hold rating and boosted the price target from $7.2 to $16 on June 10, 2026. This analyst has an accuracy rate of 74%.
  • Canaccord Genuity analyst George Gianarikas upgraded the stock from Hold to Buy and increased the price target from $12 to $30 on June 9, 2026. This analyst has an accuracy rate of 59%.

Considering buying FCEL stock? Here’s what analysts think:

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