FCEL (FuelCell Energy) Moat Score: 3/10 (As of Jun. 29, 2026)


FCEL FuelCell Energy Inc FCEL
60 GF Score
Price $29.80
GF Value $7.92
Valuation Significantly Overvalued
! 11 Warning Signs
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What is FuelCell Energy Moat Score?

FuelCell Energy FCEL +24.17% 60 Moat Score is 3 as of Jun. 29, 2026. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.92 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 3,041 Industrial Products companies, FuelCell Energy ranks better than 91.81% on this metric.

FuelCell Energy has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

FuelCell Energy has No Moat: FCEL has transient advantages with some proprietary technology but faces intense competition and lacks significant market share. The company does not have strong brand strength or customer loyalty, limiting its competitive edge.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes FuelCell Energy might have No Moat - Very weak/transient advantages.

FuelCell Energy  (NAS:FCEL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

FuelCell Energy Moat Score Related Terms

FCEL vs ENR, AMPX, PLPC: Moat Score Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Moat Score distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Moat Score falls into.


FCEL
60GF Score
FuelCell Energy Inc FCEL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
FuelCell Energy (FCEL) has a Moat Score of 3 as of Jun. 29, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, FuelCell Energy ranks #249 out of 3041 companies in the Industrial Products industry, placing it in the top 8.2%.
Is FuelCell Energy's Moat Score too high?
FuelCell Energy's current Moat Score is 3. Based on the distribution chart, FuelCell Energy ranks #249 out of 3041 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 Moat Score compare to ENR and AMPX?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #249 out of 3041 companies for Moat Score. This places FuelCell Energy in the top 8% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Industrial Products company?
A good Moat Score depends on the Industrial Products industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. FuelCell Energy's current Moat Score is 3. 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 $7.92, compared to a current price of $29.80 — trading 276.3% above its estimated fair value. The current Moat Score is 3. FuelCell Energy's overall GF Score™ is 60/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Moat Score is 3 as of Jun. 29, 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 $29.80 is trading 276.3% above its estimated GF Value™ of $7.92. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for FCEL:

  • Moat Score: 3
  • GF Value™: $7.92 vs. price of $29.80 (276.3% above fair value)
  • GF Score™: 60/100 with 11 warning signs

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 Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
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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$29.80
Price
$7.92
GF Value