---
title: "FCEL FuelCell Energy"
canonical: "https://supercyclehq.com/stock/fuelcell-energy"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "FCEL"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# FuelCell Energy (FCEL)

FuelCell Energy designs and operates fuel cell power plants that generate electricity on site from natural gas or biogas.

## AI Exposure Score

**38/100, Growing.** FuelCell Energy formed a dedicated data center power venture with Diversified Energy and TESIAC and pitches its fuel cells as bridge power for AI campuses, giving it a concrete AI channel. The company is small and execution stage, so the thesis depends on converting that pipeline into operating projects.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $10.50 |
| Change 1d | -6.42% |
| Change 7d | -8.38% |
| Change 30d | -43.15% |
| Change 1y | +26.51% |
| 52-week high | $36.01 |
| 52-week low | $6.00 |
| Market cap | $839.5M |
| P/E | n/a |
| EPS | $-2.76 |
| Next earnings | 2026-12-17 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Industrials |
| Headquarters | Danbury, CT |
| CEO | Jason B. Few |
| Employees | 424 |
| Website | https://www.fuelcellenergy.com |
| Buildout layers | [Power & Energy](https://supercyclehq.com/category/power-energy) |

## What the company does

FuelCell Energy designs and operates fuel cell power plants that generate electricity on site from natural gas or biogas. It earns revenue selling power plants and modules, running generation projects under long-term power agreements, and servicing its installed fleet.

Its carbonate fuel cell platforms provide clean baseload power without combustion, and the company is developing solid oxide electrolysis for hydrogen production. The AI angle is direct: FuelCell Energy formed a venture with Diversified Energy and TESIAC to deliver off-grid power for data centers, positioning fuel cells as bridge capacity while grid connections lag.

Founded in 1969 and headquartered in Danbury, Connecticut, FuelCell Energy employs about 630 people and trades on the NASDAQ. Its installed fleet spans the United States, South Korea, and Europe.

## Role in the AI buildout

FuelCell Energy sits in the Power & Energy layer as an on-site generation option for the buildout. Data centers facing multi-year grid interconnection queues are turning to behind-the-meter power, and FuelCell Energy's venture with Diversified Energy and TESIAC targets exactly that market with gas-fed fuel cell capacity. Its named data center partnerships give it a more concrete AI channel than most small power companies, but the projects are still execution stage and the company remains small.

## FAQ

### What does FuelCell Energy do?

FuelCell Energy makes carbonate fuel cell power plants that generate electricity on site from natural gas or biogas without combustion. It sells plants, operates generation projects under long-term agreements, and services its installed fleet worldwide.

### How is FuelCell Energy exposed to AI?

Supercycle rates FuelCell Energy Growing with an AI Exposure Score of 38 out of 100. Its data center power venture with Diversified Energy and TESIAC targets off-grid capacity for AI campuses, though those projects are still in the execution stage.

### Why would data centers use fuel cells?

Grid interconnection for a large data center can take years. On-site fuel cells can be deployed faster, run continuously as baseload power, and produce electricity without combustion, which makes them one of the bridge power options AI campus developers evaluate.

### Is FCEL a pure play AI stock?

No. FuelCell Energy is rated Growing on Supercycle. The data center venture gives it a real AI channel, but the company's results still depend on project execution, service revenue, and the broader market for stationary fuel cell power.

### Who leads FuelCell Energy and where is it based?

Jason B. Few serves as chief executive officer. FuelCell Energy was founded in 1969, is headquartered in Danbury, Connecticut, employs about 630 people, and trades on the NASDAQ under the ticker FCEL.

---

Source: https://supercyclehq.com/stock/fuelcell-energy. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.