Is FuelCell Energy a good stock to buy?
Is FuelCell Energy a good stock to buy?
One of the big things driving FCEL stock higher today is the company’s earnings. Today, FuelCell Energy reported its first-quarter earnings for fiscal 2022, which generally came in above analyst expectations. This company brought in $31.8 million in revenue, which more than doubled on a year-over-year (YOY) basis.
Is fuel cell profitable?
FuelCell Energy has not generated annual profits in more than two decades. It has also not generated positive cash flow from operations during this period. In the absence of profits from operations, the company relies on funds generated through equity issuances to carry out its operations.
Does FCEL have a future?
Assuming that FCEL is able to improve its execution ability, we expect the company to grow along with the global fuel cell market, which is expected to reach $7.12B by 2026, at a CAGR of 14.06%.
Who owns FCEL stock?
Top 10 Owners of Fuelcell Energy Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 8.56% | 31,384,321 |
| BlackRock Fund Advisors | 7.15% | 26,228,406 |
| SSgA Funds Management, Inc. | 2.49% | 9,123,184 |
| Geode Capital Management LLC | 1.80% | 6,614,211 |
Which is better PLUG or FCEL?
While both hydrogen companies should be able to capitalize on the industry’s growth in the long term, I believe that PLUG is currently a better investment based on its superior financials, higher forward growth rates, and better open calls/puts ratio.
Is it worth investing in hydrogen?
Hydrogen is one of the most promising alternative fuels Hydrogen energy has enormous potential. The emissions-free fuel could help decarbonize heavy industry, replace natural gas, and store renewable energy, paving the way for a truly net-zero world. As such, it represents a multitrillion-dollar market opportunity.
Who owns Gevo stock?
Top 10 Owners of Gevo Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| BlackRock Fund Advisors | 6.20% | 12,524,781 |
| The Vanguard Group, Inc. | 5.16% | 10,410,937 |
| Invesco Capital Management LLC | 1.90% | 3,840,759 |
| Geode Capital Management LLC | 1.74% | 3,512,691 |
How is fuel cell stock doing?
FuelCell Energy (FCEL) Gains But Lags Market: What You Should Know. FuelCell Energy (FCEL) closed at $4.22 in the latest trading session, marking a +0.24% move from the prior day.
Why is FuelCell Energy stock so low?
FuelCell Energy (FCEL 0.00%) stock sank 40.1% December, according to data from S&P Global Market Intelligence. The company’s share price slumped due to the spread of the omicron coronavirus variant, unfavorable macroeconomic developments, and disappointing quarterly results.
Where will plug power be in 5 years?
Plug Power reiterated its 2025 guidance of “$3 billion in revenue” and “20% EBITDA” margin at the company’s business update conference call in late-January 2022.
