Analysis of Fuelcell Energy share price

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Fuelcell Energy is a stock that can attract you as it does many other investors today. But before you start buying this stock, we'd like to give you a few things that will help you make a concrete and reliable analysis of it. We will present the company in more detail, its activities and its main sources of revenue, but also its main competitors on the market and its recent strategic partnerships. We will also explain how to set up an efficient fundamental analysis of this stock.

Elements that can influence the price of this asset:

Analysis N°1

Firstly, of course, the market demand for fuel cells, and more specifically in the very fashionable areas of hydrogen and renewable energy, will have to be taken into account.

Analysis N°2

The signing of large contracts or strategic partnerships between Fuelcell Energy and major industries can also be a key event that can influence its share price.

Analysis N°3

It will also be necessary to follow closely the competition in this booming sector of activity with the news of the main historical players in this field but also the probable arrival of new entrants capable of taking market shares.

Analysis N°4

The various innovations implemented by the group could also enable it to generate new revenues by setting itself apart from the competition with better performing products or products sold at lower prices.

Analysis N°5

The Fuelcell Energy Group's raw material supply will also be critical to enable it to respond effectively to market demand and its key suppliers will be kept under review.

Analysis N°6

Finally, it is of course necessary to carry out a complete study of the main financial results of this group, which are published each year and each quarter by the company as part of its balance sheet.

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General presentation of Fuelcell Energy

Now we're going to give you a little more information about Fuelcell Energy, to help you better understand how it can grow in the months and years ahead and what its key challenges are.

Fuelcell Energy Group is an integrated US fuel cell company. As such, it produces fuel cell technology platforms for power generation.

The company's product offerings include fuel cells for multi-megawatt utility applications, microgrid applications, distributed hydrogen, and use of the platform's thermal attributes for on-site heating and cooling applications for a wide variety of applications.

The company specializes in carbonate fuel cells that generate electricity directly from a hydrogen-rich fuel, such as natural gas or renewable biogas, by reforming the fuel inside the fuel cell to produce hydrogen.

Fuelcell Energy offers its products and solutions to businesses, utilities, governments and municipalities. The group generates most of its revenues in the United States and employs 316 people.

Analysis of Fuelcell Energy share price
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The major competitors of Fuelcell Energy

Now we're going to tell you a little more about Fuelcell Energy's major competitors with a presentation of the biggest players in this sector also operating in the US.

SFC Energy AG

This German company is also specialized in the fuel cell sector and develops, produces and markets fuel cells based on direct methanol cell technology. The group's activities cover three main sectors

Bloom Energy

This other company, this time American, is an energy services company that installs solid oxide fuel cells in the premises of other companies and then sells them the electricity they generate. The company was founded by a researcher who was working on oxygen production on Mars and who created the Bloom Box, a platinum-free fuel cell.

Intelligent Energy

This fuel cell engineering company is focused on developing and selling its PEL fuel cell technologies for a range of markets including automotive, stationary power and drones. The group is based in the UK and has offices in the US, China and Korea as well as Japan.

The major partners of Fuelcell Energy

Let's find out who the recent partners are that Fuelcell Energy has partnered with to better understand the value of these strategic alliances.

Rockwell Automation

Early in the design of the commercial fuel cell power plant, Fuelcell partnered with Rockwell Automation for engineering support. The two teams worked together to develop the best approach to future customer and regulatory requirements, as well as test functionality and international support.

Xebec Adsorption Inc

This global provider of clean energy solutions for renewable and low-carbon gases also announced that it has signed a contract to supply a hydrogen purification system from Fuelcell Energy recently. Specifically, the order is for a pressure swing absorption (PSA) based system to purify hydrogen produced by Fuelcell Energy's SureSource Hydrogen platform to meet the standards required to power zero-emission fuel cell vehicles for Toyota's various operations at the Port of Long Beach, California.

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Frequently Asked Questions

Who are the largest shareholders in Fuelcell Energy?

There are several large institutional shareholders in Fuelcell Energy with The Vanguard Group holding 7.57% of the shares, Heights Capital Management with 5.18% of the shares, Lawrence Rosen with 3.55%, BlackRock Fund Advisors with 2.14%, SSgA Funds Management with 2.01%, Renaissance Technologies with 1.60%, Geode Capital Management with 1.55%, BlackRock Advisors UK with 1.51%, Invesco Capital Management with 1.04% and Hudson Bay Capital Management with 0.96%.

Where and how to buy or trade Fuelcell Energy Group stock?

There are various ways to invest in Fuelcell Energy's stock price online today. For example, you can buy Fuelcell Energy stock if it is eligible for your stock market investment product such as a securities account. But you can also choose to simply speculate on the rise or fall of the share price by using derivatives. This is particularly the case with CFDs or contracts for difference, which are offered by online brokers in the market and which do not require you to store these shares.

What technical indicators should I use to study Fuelcell Energy's charts?

When setting up a technical analysis of this stock, you should preferably use several technical indicators in combination. Indicators such as moving averages, MACD, Bollinger Bands, stochastic indicators, RSI, as well as technical support and resistance levels and pivot points are used.

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