FuelCell Energy (FCEL) Stock Jumps After FY2025 Earnings: Data Center Pivot, Backlog, and What Forecasts Say on Dec. 19, 2025
FuelCell Energy shares jumped 22% to $9.64 on Dec. 18 after reporting Q4 revenue of $55 million, up 12% year over year, and a narrowed quarterly loss. The company posted full-year revenue of $158.2 million, up 41%, and a backlog of $1.19 billion. FuelCell announced a strategic shift to focus on powering data centers amid rising AI-driven electricity demand. Trading volume surged above recent averages.