2024-06-05 07:30:00 ET
Summary
- FuelCell Energy's Q2 FY 2024 results are predicted to miss expectations based on the company's track record and the recent performance of its peers.
- On the other hand, the South Korean market could provide new growth opportunities for FuelCell Energy, and its shares don't seem to be overvalued.
- I choose to rate FCEL stock as a Hold after previewing its second quarter results and assessing its latest contract win.
Elevator Pitch
FuelCell Energy, Inc. ( FCEL ) shares are awarded a Hold rating.
My earlier December 15, 2023 article touched on the factors influencing FuelCell Energy's Q4 FY 2023 (YE October 31) results. In the latest write-up, I determine whether FCEL is likely to beat or miss Wall Street's expectations with its financial performance for the second quarter of fiscal 2024....
Read the full article on Seeking Alpha
For further details see:
FuelCell Energy: Consider Potential Q2 Results Miss And Korean Market Opportunities