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Bullish Case: Institutional stake increases and improved year-over-year losses suggest potential unrecognized value. Short interest and a low cost-to-borrow fee could prompt a short squeeze.


Bearish Case: Persistent revenue declines, high implied volatility, and an overall downtrend indicate that structural headwinds could continue to pressure FCEL's stock price.


Potential Outcomes:

1. Earnings beat, leading to a short squeeze: 20%.

2. Continued revenue decline induces further selloff: 40%.

3. Institutional buying stabilizes price: 15%.

4. Market indifference, sideways trading persists: 25%.


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March 28, 2024


Fuelcell Energy Forecast

FCEL        Fuelcell Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FCEL



NOVA Forecast + Options Trading Strategies   [NOVA]  Sunnova Energy International (0.93)


CSIQ Forecast + Options Trading Strategies   [CSIQ]  Canadian Solar (0.92)


TAN Forecast + Options Trading Strategies   [TAN]  Invesco Solar (0.91)


CRSR Forecast + Options Trading Strategies   [CRSR]  Corsair Gaming (0.9)


RICK Forecast + Options Trading Strategies   [RICK]  RCI Hospitality (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to FCEL



SHAK Forecast + Options Trading Strategies   [SHAK]  Shake Shack (-0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (0.0)


CRUS Forecast + Options Trading Strategies   [CRUS]  Cirrus Logic (-0.0)


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.0)


TMO Forecast + Options Trading Strategies   [TMO]  Thermo Fisher Scientific (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FCEL



LBRT Forecast + Options Trading Strategies   [LBRT]  Liberty Oilfield Services (-0.82)


FRO Forecast + Options Trading Strategies   [FRO]  Frontline (-0.84)


AJG Forecast + Options Trading Strategies   [AJG]  Arthur J. Gallagher (-0.85)


FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (-0.85)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.88)





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