Canaccord Genuity analyst Jonathan Dorsheimer maintained a Hold rating on Fuelcell Energy (NASDAQ:FCEL) on Thursday, setting a price target of $15, which is approximately 13.24% below the present share price of $17.29.
Dorsheimer expects Fuelcell Energy to post earnings per share (EPS) of -$0.07 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Fuelcell Energy, with an average price target of $10.25.
The analysts price targets range from a high of $15 to a low of $5.
In its latest earnings report, released on 07/31/2020, the company reported a quarterly revenue of $18.73 million and a net profit of -$10.76 million. The company's market cap is $5.11 billion.
According to TipRanks.com, Canaccord Genuity analyst Jonathan Dorsheimer is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 42.5% and a 56.33% success rate.
FuelCell Energy , Inc. engages in the provision of fuel cell power plant production and research. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.