FuelCell Energy (FCEL) Stock Rises 150% Amid Data Center Demand
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowFuelCell Energy (NASDAQ: FCEL) has experienced significant growth, rising more than 150% this year, largely driven by increasing data center demand. The company's sales pipeline grew 267% to 4 gigawatts in the second quarter. However, in the latest quarter, its revenue fell 5% year over year, and the backlog declined to approximately $1.1 billion. Meanwhile, Plug Power (NASDAQ: PLUG) has also shown stability, with a 30% rise in stock and a 22% revenue increase in the first quarter of 2026. This situation is important for investors as both companies represent potential opportunities in the growing hydrogen and fuel cell market.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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