FuelCell Energy Reinforces Commitment To Korean Market At Seoul Event; Highlights Differentiated Carbonate And Solid Oxide Platforms For Sustainable Energy Transition

7/11/24 8:02:33 AM ET

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FuelCell Energy Hosts "Accelerating Korea's Energy Transition with Advanced Fuel Cell Solutions" Event; Showcases Cutting-Edge Technology, Strategic Vision, And Carbonate And Solid Oxide Platforms To Korean Energy Industry Leaders; Announces GGE Purchase Of 42 Upgraded Carbonate Fuel Cells For World's Largest Single-Site Fuel Cell Power Platform

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Recent Analyst Ratings for
$FCEL

Date	Price Target	Rating	Analyst
9/14/2023	$2.75 → $1.50	Hold	Jefferies
12/14/2022	$3.85	Neutral	UBS
10/19/2022	$3.00	Hold	Jefferies
6/2/2022		Sector Weight	KeyBanc Capital Markets
1/5/2022		Sector Weight	Keybanc
12/30/2021	$8.00 → $6.00	Neutral	B. Riley Securities
12/30/2021	$7.00 → $5.50	Hold	Canaccord Genuity
12/29/2021	$5.00	Sell → Hold	Craig Hallum

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FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth
Go-forward strategy will emphasize topline revenue growth and future profitability.Company to reduce total operating costs by an estimated 15% in fiscal year 2025. DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly reduce operating costs, realign resources toward advancing the company's core technologies, and protect the company's competitive position amid slower-than-expected investments in clean energy. The restructuring will allow FuelCell Energy to prioritize commercially available technologies to reflect changing market opportuniti
11/15/24 7:30:00 AM ET
$FCEL
Industrial Machinery/Components
Energy
FuelCell Energy Announces 1-For-30 Reverse Stock Split
DANBURY, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) today announced that a 1-for-30 reverse stock split of its issued and outstanding shares of common stock will become effective at 5:00 p.m., Eastern time, on November 8, 2024, and that trading of the Company's common stock on a post-split basis on The Nasdaq Global Market is expected to begin on November 11, 2024. Today, the Company filed a Certificate of Amendment of the Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware to effect this reverse stock split of its issued and outstanding shares of common stock and shares of common stock held in treasury. Tradin
11/7/24 8:39:03 AM ET
$FCEL
Industrial Machinery/Components
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FuelCell Energy Secures Project Financing from Export-Import Bank for Fuel Cell Projects with Gyeonggi Green Energy
Company to receive approximately $9.4 million in debt financing; FuelCell Energy to pursue additional financing to support the working capital needs of this transactionFinancing to support purchase agreement for forty-two 1.4-megawatt upgraded carbonate fuel cell modules to replace existing units at GGE's Hwaseong Baran Industrial Complex DANBURY, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) today announced that it has closed on a project debt financing transaction with the Export-Import Bank of the United States (EXIM) for the company's fuel cell projects with Gyeonggi Green Energy (GGE). This financing is part of EXIM's Project & Structured Finance prog
11/1/24 8:15:00 AM ET
$FCEL
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$FCEL
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FuelCell Energy Reports Third Quarter of Fiscal 2024 Results
(All comparisons are year-over-year unless otherwise noted) Revenue of $23.7 million compared to $25.5 millionGross loss of $(6.2) million compared to $(8.2) millionLoss from operations of $(33.6) million compared with $(41.4) millionNet loss per share was $(0.07) compared with $(0.06) which included a $0.04 one-time debt extinguishment benefit in the third quarter of 2023 DANBURY, Conn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) today reported financial results for its third quarter ended July 31, 2024. "In the third quarter, our team achieved solid performance and continued cost management, while advancing our Powerhouse strategy,"
9/5/24 7:30:00 AM ET
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FuelCell Energy Announces Third Quarter of Fiscal 2024 Results Conference Call on September 5, 2024 at 10 A.M. Eastern Time
DANBURY, Conn., Aug. 27, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today announced the upcoming release of its third quarter of fiscal 2024 results prior to the Stock Market Open on Thursday, September 5, 2024. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time on Thursday, September 5, 2024, to discuss the results and provide a business update. Participants can access the live call via webcast on the Company website or by telephon
8/27/24 8:00:00 AM ET
$FCEL
Industrial Machinery/Components
Energy
FuelCell Energy Reports Second Quarter of Fiscal 2024 Results
Second Quarter Fiscal 2024 Summary(All comparisons are year-over-year unless otherwise noted) Revenue of $22.4 million, compared to $38.3 millionGross loss of $(7.1) million compared to $(6.1) millionLoss from operations of $(41.4) million compared with $(35.9) millionNet loss per share was $(0.07) compared with $(0.09) DANBURY, Conn., June 10, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its second quarter ended April 30, 2024.
6/10/24 7:30:00 AM ET
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What's Going On With FuelCell Energy Stock Today?
FuelCell Energy Inc (NASDAQ:FCEL) shares are trading higher. The company on Thursday highlighted a significant Korean market expansion milestone and provided some details from a recent event in Seoul. What Happened: FuelCell said it recently held an event in Seoul, reinforcing the company’s commitment to the Korean market and highlighting how its two differentiated carbonate and solid oxide platforms help enable the energy transition to sustainable energy. “During our event with industry leaders, the FuelCell Energy team answered questions about our targeted set of sustainable energy solutions,” said Jason Few, CEO of FuelCell. “We also outlined advancements that we have made to our
7/11/24 8:48:03 AM ET
$FCEL
Industrial Machinery/Components
Energy
FuelCell Energy Reinforces Commitment To Korean Market At Seoul Event; Highlights Differentiated Carbonate And Solid Oxide Platforms For Sustainable Energy Transition
FuelCell Energy Hosts "Accelerating Korea's Energy Transition with Advanced Fuel Cell Solutions" Event; Showcases Cutting-Edge Technology, Strategic Vision, And Carbonate And Solid Oxide Platforms To Korean Energy Industry Leaders; Announces GGE Purchase Of 42 Upgraded Carbonate Fuel Cells For World's Largest Single-Site Fuel Cell Power Platform
7/11/24 8:02:33 AM ET
$FCEL
Industrial Machinery/Components
Energy
What's Going On With FuelCell Energy Stock?
FuelCell Energy, Inc. (NASDAQ:FCEL) shares are trading higher Wednesday, though the stock remains down by more than 30% over the past month. The stock climbed Wednesday amid strength in EV-related stocks after several EV makers, including Tesla, reported vehicle delivery figures this week. The move may also be aided by retail investors as they pile into heavily-shorted stocks on a holiday-shortened trading week. According to data from Benzinga Pro, 22.12% of available shares are being sold short and more than 25 million shares have already been traded in the session. Read Next: What Happened With Advanced Micro Devices Stock Today? FuelCell Energy announced last week the University
7/3/24 1:03:01 PM ET
$FCEL
Industrial Machinery/Components
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Microvast Announces Appointment of Isida Tushe as General Counsel
Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, today announced the appointment of Isida Tushe as General Counsel and Corporate Secretary. An industry veteran, Isida brings a wealth of domestic and international experience honed through years of working as an executive with a wide range of power generation and renewables companies. "I am humbled to join Microvast, an innovative pioneer in battery manufacturing," stated Isida Tushe. "The Company's focus on innovating lithium-ion battery solutions that will be critical in decarbonization and mitigating climate change exempli
4/13/23 10:00:00 AM ET
$FCEL
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FuelCell Energy Announces the Appointment of Mark Feasel to Executive Vice President and Chief Commercial Officer
DANBURY, Conn., April 06, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) -- a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power, and producing hydrogen to enable a world empowered by clean energy -- today announced the appointment by the Board of Directors of Mark Feasel to the position of Executive Vice President and Chief Commercial Officer. Mark's appointment will be effective as of April 18, 2022. This role was previously held by the Company's President and CEO, Jason Few. Mark will join FuelCell Energy from Schneider Electric USA where he has spent more than fifteen years in various executive positions of increasing responsibil
4/6/22 8:00:00 AM ET
$FCEL
Industrial Machinery/Components
Energy
Appoints Joshua Dolger as FuelCell Energy's Executive Vice President, General Counsel and Corporate Secretary
DANBURY, Conn., Dec. 17, 2021 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL) — a global leader in fuel cell technology with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy — today announced that Joshua Dolger has been appointed by FuelCell Energy's Board of Directors as the Company's Executive Vice President, General Counsel and Corporate Secretary. Josh has been serving as interim General Counsel and Corporate Secretary since June 2021. Josh brings extensive experience in corporate and public company legal practice. Prior to joining the Company in May 2021, Josh held a variety of legal positions of increa
12/17/21 8:00:00 AM ET
$FCEL
Industrial Machinery/Components
Energy

FuelCell Energy Reinforces Commitment To Korean Market At Seoul Event; Highlights Differentiated Carbonate And Solid Oxide Platforms For Sustainable Energy Transition

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Recent Analyst Ratings for $FCEL

$FCEL Press Releases

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FuelCell Energy Announces Global Restructuring, Focusing Core Technologies on Distributed Power Generation, Grid Resiliency, and Data Center Growth

FuelCell Energy Announces 1-For-30 Reverse Stock Split

FuelCell Energy Secures Project Financing from Export-Import Bank for Fuel Cell Projects with Gyeonggi Green Energy

$FCEL Financials

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FuelCell Energy Reports Third Quarter of Fiscal 2024 Results

FuelCell Energy Announces Third Quarter of Fiscal 2024 Results Conference Call on September 5, 2024 at 10 A.M. Eastern Time

FuelCell Energy Reports Second Quarter of Fiscal 2024 Results

$FCEL Insider Trading

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Director Bingham Betsy B was granted 38,434 shares, increasing direct ownership by 48% to 118,613 units (SEC Form 4)

SEC Form 4 filed by Director Von Althann Natica

SEC Form 4 filed by Director England James Herbert

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What's Going On With FuelCell Energy Stock Today?

FuelCell Energy Reinforces Commitment To Korean Market At Seoul Event; Highlights Differentiated Carbonate And Solid Oxide Platforms For Sustainable Energy Transition

What's Going On With FuelCell Energy Stock?

FuelCell Energy Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Costs Associated with Exit or Disposal Activities, Financial Statements and Exhibits

FuelCell Energy Inc. filed SEC Form 8-K: Material Modification to Rights of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits

FuelCell Energy Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

Microvast Announces Appointment of Isida Tushe as General Counsel

FuelCell Energy Announces the Appointment of Mark Feasel to Executive Vice President and Chief Commercial Officer

Appoints Joshua Dolger as FuelCell Energy's Executive Vice President, General Counsel and Corporate Secretary

$FCEL Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by FuelCell Energy Inc.

Amendment: SEC Form SC 13G/A filed by FuelCell Energy Inc.

SEC Form SC 13G/A filed by FuelCell Energy Inc. (Amendment)

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Jefferies resumed coverage on FuelCell Energy with a new price target

UBS initiated coverage on FuelCell Energy with a new price target

Jefferies initiated coverage on FuelCell Energy with a new price target

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