FuelCell tumbles on weak Q3 results

FuelCell Energy

02/09/2026 16:34

** Renewable power firm FuelCell Energy's shares FCEL.O fall 16.5% to $14.3, a more than three-month low
** FCEL misses Q3 revenue estimates as module deliveries to Korean customers decline YoY
** Delivery affected by equipment upgrade during quarter causing lower energy generation output — FCEL
** FCEL reports Q3 revenue of $33 mln, below estimates of $38.3 mln — LSEG compiled data
** Posts Q3 loss of 64 cents per share, compared to analysts' estimates of loss of 41 cents per share
** Says product and manufacturing costs exceeded contract pricing due to low production volumes, leading to inventory charges
** Four of eight brokerages rate the stock "buy" or higher, two "hold" and two "sell"; median PT is $25.5 - LSEG data
** Including session's move, stock has nearly doubled YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))