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0 0 0.00312012480499213 0.00312012480499213 0.00156006240249607 -0.00156006240249607 0.00468018720748834 0
Stock impact report

FuelCell Energy Stock Jumps But Analysts Warn Shares Look Richly Valued [Yahoo! Finance]

FuelCell Energy, Inc. (FCEL) 
Last fuelcell energy, inc. earnings: 3/16 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fce.com/investors/default.aspx
Company Research Source: Yahoo! Finance
year over year, as stronger product and service sales offset weakness in other divisions and lifted investor sentiment despite ongoing losses and cash burn. JPMorgan analyst Mark Strouse reiterated an Underweight rating on FuelCell Energy, which reported fiscal third-quarter results that largely matched Wall Street expectations. Strouse said product revenue of $26 million slightly beat forecasts, boosted by eight module shipments to GGE, while weaker contributions from Generation and Advanced Technologies were offset by stronger service revenue. Also Read: Insights into FuelCell Energy's Upcoming Earnings On the commercial front, FuelCell signed a non-binding MOU with Inuverse to explore up to 100 MW of capacity beginning in 2027, along with a 10 MW repowering agreement with CGN covering eight modules and a seven-year service contract. Strouse called these deals signs of early traction but said stronger order momentum is needed before a path to profitability is clear. JPMorg Show less Read more
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