FuelCell Energy Inc (FCEL)

[Hoghead7]

Let's hope Andy's accurate, and the next quarter it appears they're headed in the right direction.
https://www.bizjournals.com/albany/news/2023/01/26/plug-power-path-to-profitability.html

These articles aren't going to help.
https://m.marketscreener.com/quote/stock/PLUG-POWER-INC-10490/news/Plug-Power-Shares-Extend-Decline-After-Abandoning-Plans-to-Build-Factory-With-Fortescue-42830436/
Still maintain outperform rating but cut from $40 to $25. Although still substantially higher than today's current share price.
https://m.marketscreener.com/quote/stock/PLUG-POWER-INC-10490/news/SMBC-Nikko-Cuts-Plug-Power-s-Price-Target-to-25-From-40-Maintains-Outperform-Rating-42823227/

Looks to me as they'll plug may not have scratched the plans, Fortescue may have
https://finance.yahoo.com/news/fortescue-future-industries-ffi-nikola-210500722.html

Fortunately UBS initiated coverage with a buy rating & $26 price target
https://investorplace.com/2023/01/3-hydrogen-stocks-to-buy-now-or-youll-be-kicking-yourself-later/
Bloom is noted in that article also and unfortunately FCE is not. But in time that will change. The sooner the better for Toyota to be operational.

Plug with Nikola? And Nikola just partnered with the company Plug cancelled with because it didn't make financial sense. Interesting!
So seems as though part of the bad news for plug power isn't necessarily bad news. They canceled a deal that was not going to be financially beneficial and replaced it with another deal that is likely beneficial.
https://www.fool.com/investing/2023/01/23/why-shares-of-plug-power-are-surging-higher-today/