FuelCell Energy is leveraging fuel cell technology to power data centers, with a focus on sustainability and decarbonization. The company recently signed a deal with Inuverse to explore deploying up to 100 MWs of fuel cell-based power in South Korea. Despite stock fluctuations, FuelCell is valued at $122 million and aims for global expansion.

In Q2 2025, FuelCell Energy reported a 67% increase in revenue to $37.4 million, driven by product and service revenues. The company also unveiled a major restructuring plan to achieve profitability and focus on its carbonate platform. Analysts predict per-share losses to narrow in fiscal years 2025 and 2026.

FuelCell’s stock has experienced volatility, with a 40% surge after the Q2 earnings report and the South Korea deal. The company aims to align its clean power technology with the demands of AI-driven data infrastructure. Despite positive developments, cautious Wall Street sentiment suggests a wait-and-watch approach.

With a consensus “Hold” rating from analysts, FuelCell Energy’s stock has an average price target of $8.93, indicating 66% upside potential. While recent deals and restructuring efforts show promise, the company’s deep losses and stock volatility raise caution. The future success of FuelCell hinges on sustained growth and market stability.

Read more at Yahoo Finance: FuelCell Energy Just Landed a Data Center Deal. How Should You Play FCEL Stock Here?