Traders Buy Large Volume of Call Options on FuelCell Energy (NASDAQ:FCEL)

Posted by Donna Armstrong on Jun 8th, 2026

FuelCell Energy, Inc. (NASDAQ:FCEL – Get Free Report) was the target of some unusual options trading activity on Monday. Stock traders purchased 20,680 call options on the company. This is an increase of 25% compared to the average volume of 16,541 call options.

Institutional Investors Weigh In On FuelCell Energy

Large investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in FuelCell Energy by 31,021.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 147,516 shares of the energy company’s stock worth $1,078,000 after buying an additional 147,042 shares during the last quarter. GSA Capital Partners LLP purchased a new position in FuelCell Energy during the 3rd quarter worth approximately $944,000. Northwestern Mutual Wealth Management Co. grew its stake in FuelCell Energy by 1,173,840.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 234,788 shares of the energy company’s stock worth $1,716,000 after buying an additional 234,768 shares during the last quarter. CenterBook Partners LP acquired a new stake in FuelCell Energy during the 4th quarter worth $9,348,000. Finally, Legal & General Group Plc acquired a new stake in FuelCell Energy during the 4th quarter worth $21,149,000. 42.78% of the stock is owned by hedge funds and other institutional investors.

Key FuelCell Energy News

Here are the key news stories impacting FuelCell Energy this week:

Positive Sentiment: FuelCell Energy said its sales pipeline reached 4 gigawatts, with data centers making up nearly 90% of it, reinforcing the company’s AI-linked growth opportunity. FuelCell Energy Says Data Centers Account For Nearly 90% Of Its Pipeline
Neutral Sentiment: The company’s revenue backlog was reported at $1.14 billion, which shows a substantial order base even though it was lower than a year ago. FuelCell Energy Reports Second Fiscal Quarter 2026 Results; Advances Data Center Power Strategy
Negative Sentiment: FuelCell Energy missed second-quarter revenue estimates and posted a wider loss, underscoring ongoing pressure on margins and profitability. FuelCell Energy (FCEL) Reports Q2 Loss, Lags Revenue Estimates
Negative Sentiment: Reports of a large impairment charge and a sharply larger quarterly loss likely added to selling pressure after the earnings release. FuelCell Energy (FCEL) Stock Plunges Nearly 20% Following Disappointing Q2 Earnings Report

FuelCell Energy Stock Down 10.7%

NASDAQ FCEL traded down $1.86 during trading hours on Monday, hitting $15.47. 17,465,832 shares of the company were exchanged, compared to its average volume of 4,904,200. The company has a 50 day moving average of $13.92 and a two-hundred day moving average of $9.93. The company has a quick ratio of 6.51, a current ratio of 7.96 and a debt-to-equity ratio of 0.19. FuelCell Energy has a 52-week low of $3.78 and a 52-week high of $27.69. The firm has a market cap of $819.62 million, a price-to-earnings ratio of -2.24 and a beta of 2.42.

FuelCell Energy (NASDAQ:FCEL – Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The energy company reported ($0.52) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.16. FuelCell Energy had a negative return on equity of 17.76% and a negative net margin of 107.51%.The company had revenue of $30.53 million for the quarter, compared to the consensus estimate of $42.22 million. Equities research analysts anticipate that FuelCell Energy will post -2.22 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FCEL shares. Wells Fargo & Company reduced their price target on shares of FuelCell Energy from $7.00 to $6.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 10th. Jefferies Financial Group set a $7.20 price target on shares of FuelCell Energy and gave the company a “hold” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings raised shares of FuelCell Energy from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 20th. Seven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $8.24.

View Our Latest Analysis on FuelCell Energy

FuelCell Energy Company Profile

(Get Free Report)

FuelCell Energy, Inc (NASDAQ: FCEL) is a publicly traded company that designs, manufactures and operates turnkey molten carbonate fuel cell power plants. These stationary, on-site energy solutions generate electricity and heat through an electrochemical process that combines natural gas or biogas with oxygen, producing power with lower greenhouse gas emissions than traditional fossil fuel-based generation. The company’s fuel cell technology is engineered for continuous, baseload operation and can be integrated into microgrid architectures and industrial power systems to provide reliable, around-the-clock energy.

The company’s core product suite, marketed under the SureSource brand, encompasses both power generation and integrated carbon capture or hydrogen production capabilities.