Thinking About Buying Stock Or Options In FuelCell Or Plug Power? - FuelCell Energy (NASDAQ:FCEL), Plug Power (NASDAQ:PLUG)

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Fuel cell stocks spiked on volume in Wednesday’s after-hours session as President Biden suggested the benefits of investing in clean energy infrastructure.

With names in clean energy manufacturing in the spotlight once again, here are the latest earnings results and analyst rating updates for FuelCell Energy Inc FCEL and Plug Power Inc PLUG.

Companies around the world are shifting gears towards clean technology to adhere to more sustainable business practices. Check out Benzinga's Cleantech Small Cap Conference on April 22 to learn more!

Northcoast Research initiated coverage this week on Plug Power with a Neutral rating.

Plug Power lost 5 cents per share in the fourth quarter, compared to a 6-cent per share loss in the year-ago quarter. The clean energy manufacturing company has a 52-week-high of $75.49 and a 52-week-low of $3.22.

Here are Plug Power’s analyst rating updates for 2021:

Date	Research Firm	Action	Current	PT
3/30/21	Northcoast Research	Initiates Coverage On	Neutral	n/a
3/17/21	Craig-Hallum	Maintains	Buy	49.0
3/17/21	Truist Securities	Downgrades	Hold	42.0
3/02/21	Barclays	Downgrades	Underweight	29.0
3/01/21	Roth Capital	Reiterates	Buy	65.0
3/01/21	JP Morgan	Upgrades	Overweight	65.0
2/03/21	Bernstein	Initiates Coverage On	Outperform	75.0
1/27/21	Piper Sandler	Initiates Coverage On	Neutral	66.0
1/14/21	JP Morgan	Initiates Coverage On	Neutral	60.0
1/13/21	HC Wainwright & Co.	Maintains	Buy	85.0

Meanwhile, Northcoast Research initiated coverage on FuelCell with a Neutral rating.

For the first quarter, FuelCell Energy lost 6 cents per share. FuelCell lost 20 cents in the year-ago quarter. The stock has a 52-week-high of $29.44 and a 52-week-low of $1.26.

Here are FuelCell’s analyst rating updates for 2021:

Date	Research Firm	Action	Current	PT
3/30/21	Northcoast Research	Initiates Coverage On	Neutral	n/a
1/14/21	JP Morgan	Downgrades	Underweight	10.0
1/07/21	Jefferies	Initiates Coverage On	Hold	11.0

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