FY2026 EPS Estimates for Fuel Tech Cut by HC Wainwright

Fuel Tech, Inc. (NASDAQ:FTEK) – Equities researchers at HC Wainwright reduced their FY2026 earnings estimates for shares of Fuel Tech in a research report issued on Thursday, March 5th. HC Wainwright analyst A. Dayal now expects that the industrial products company will post earnings per share of ($0.07) for the year, down from their previous estimate of $0.01. The consensus estimate for Fuel Tech’s current full-year earnings is ($0.03) per share. HC Wainwright also issued estimates for Fuel Tech’s FY2027 earnings at ($0.05) EPS, FY2028 earnings at $0.00 EPS and FY2029 earnings at $0.04 EPS.

Fuel Tech (NASDAQ:FTEK) last released its quarterly earnings results on Tuesday, March 3rd. The industrial products company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The company had revenue of $7.25 million during the quarter, compared to the consensus estimate of $7.47 million. Fuel Tech had a negative return on equity of 5.70% and a negative net margin of 8.71%.

Several other brokerages have also recently weighed in on FTEK. Wall Street Zen cut Fuel Tech from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fuel Tech in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Fuel Tech Stock Performance

Shares of NASDAQ:FTEK opened at $1.23 on Monday. The firm has a market capitalization of $37.77 million, a P/E ratio of -17.57 and a beta of 1.05. The stock has a 50 day moving average price of $1.44 and a 200-day moving average price of $2.11. Fuel Tech has a 52-week low of $0.91 and a 52-week high of $3.65.

Hedge Funds Weigh In On Fuel Tech

Large investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in Fuel Tech by 3.6% in the 2nd quarter. Geode Capital Management LLC now owns 517,658 shares of the industrial products company’s stock worth $1,305,000 after purchasing an additional 17,766 shares in the last quarter. Corsair Capital Management L.P. bought a new position in shares of Fuel Tech in the second quarter worth approximately $25,000. Marshall Wace LLP purchased a new stake in shares of Fuel Tech during the second quarter valued at approximately $63,000. Covestor Ltd bought a new stake in shares of Fuel Tech during the third quarter valued at approximately $40,000. Finally, Vanguard Group Inc. raised its holdings in Fuel Tech by 7.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,013,864 shares of the industrial products company’s stock worth $3,042,000 after acquiring an additional 72,895 shares during the last quarter. Hedge funds and other institutional investors own 20.94% of the company’s stock.

About Fuel Tech

Fuel Tech, Inc (NASDAQ: FTEK) is a specialty technology and engineering company focused on developing and supplying clean air solutions for the power generation and industrial markets. The company designs, manufactures and markets proprietary chemical reagents and process control systems that help customers reduce emissions of nitrogen oxides (NOx), mercury and other air pollutants. Its technology platform combines advanced process modeling, plant optimization software and field testing services to help utilities and industrial facilities comply with environmental regulations and improve operational efficiency.

Fuel Tech’s core product lines include selective catalytic reduction (SCR) optimization systems, activated carbon injection solutions for mercury capture, and sorbent enhancement additives for flue gas desulfurization processes.