FuelCell Energy reported disappointing third-quarter results with sales and earnings per share falling short of expectations, partly due to selling a 30 MW tranche below cost. The company raised nearly $300 million through a public offering and market sales, capitalizing on AI data center interest. After the quarter, it signed a capacity reservation agreement for a 75 MW project in Texas with a major data center operator. Despite skepticism about the company's technology and track record, the analyst maintains a 'Hold' rating given the new capital and potential opportunities.
Several tech stocks including Pasqal, Credo, Palo Alto Networks (PANW), FuelCell Energy (FCEL), and MongoDB (MDB) saw significant declines on September 2, 2026. Pasqal dropped over 21% despite positive quantum computing progress, likely due to profit...
FuelCell Energy reported a Q3 earnings per share loss of $0.64, missing analyst estimates of a $0.41 loss, though it improved from last year's $0.95 loss. Quarterly revenue fell 29% year-over-year to $33 million, below expectations, due to fewer modu...
FuelCell Energy reported a larger third-quarter loss due to higher costs linked to a new data center power deal, with revenue dropping 29% year-over-year to $33 million and adjusted loss per share at $0.64, wider than expected. The company’s gross lo...
FuelCell Energy's stock fell 13% following its fiscal Q3 2026 report, which showed a wider loss and a $17 million charge related to product costs and pricing issues with Fit Energy. Revenue dropped 29% year-over-year to $33 million, missing expectati...
