FuelCell EnergyFCEL -1.03%60 Market Cap is $1,457.6 Mil as of Jun. 25, 2026. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.94 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,100 Industrial Products companies, FuelCell Energy ranks better than 79.45% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). FuelCell Energy's share price for the quarter that ended in Apr. 2026 was $13. FuelCell Energy's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 63.5 Mil. Therefore, FuelCell Energy's market cap for the quarter that ended in Apr. 2026 was $826.1 Mil.
FuelCell Energy's quarterly market cap
increased
from Oct. 2025 ($412.4 Mil) to Jan. 2026 ($430.9 Mil) and
increased
from Jan. 2026 ($430.9 Mil) to Apr. 2026 ($826.1 Mil).
FuelCell Energy's annual market cap
declined
from Oct. 2023 ($491.2 Mil) to Oct. 2024 ($210.3 Mil) but then
increased
from Oct. 2024 ($210.3 Mil) to Oct. 2025 ($412.4 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. FuelCell Energy's Enterprise Value for Today is $1,313.1 Mil.
FuelCell Energy (NAS:FCEL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
FuelCell Energy Market Cap Related Terms
FuelCell Energy Market Cap Historical Data
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The historical data trend for FuelCell Energy's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, FuelCell Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FuelCell Energy Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FuelCell Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where FuelCell Energy's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
FuelCell Energy's Market Cap for the fiscal year that ended in Oct. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FuelCell Energy (FCEL) has a Market Cap of $1,457.6 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on FuelCell Energy and its competitors. According to the industry distribution chart, FuelCell Energy ranks #637 out of 3100 companies in the Industrial Products industry, placing it in the top 20.5%.
Is FuelCell Energy's Market Cap too high?
FuelCell Energy's current Market Cap is $1,457.6 Mil. The Industrial Products industry median Market Cap is 287.41. FuelCell Energy's value of $1,457.6 Mil is 407.2% above this industry median. Based on the distribution chart, FuelCell Energy ranks #637 out of 3100 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Market Cap compare to ENR and ADSE?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #637 out of 3100 companies for Market Cap. This places FuelCell Energy in the top 21% of its industry — outperforming the majority of peers. The industry median Market Cap is 287.41. FuelCell Energy's value of $1,457.6 Mil is 407.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 287.41, based on 3,100 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FuelCell Energy's current Market Cap of $1,457.6 Mil is 407.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on FuelCell Energy and its competitors. For the Industrial Products industry, the median Market Cap is 287.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Market Cap is $1,457.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.94, compared to a current price of $21.56 — trading 171.5% above its estimated fair value. The current Market Cap is $1,457.6 Mil and 407.2% above the Industrial Products industry median of 287.41. FuelCell Energy's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Market Cap is $1,457.6 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FuelCell Energy (FCEL) Overvalued in 2026?
Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued.
The current stock price of $21.56 is trading 171.5% above its estimated GF Value™ of $7.94.
GuruFocus considers FuelCell Energy to be Significantly Overvalued.
Key valuation signals for FCEL:
Market Cap: $1,457.6 Mil
GF Value™: $7.94 vs. price of $21.56 (171.5% above fair value)
Industry Position: 407.2% above the Industrial Products median (#637 of 3100)
No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
60GF Score
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