FuelCell Energy Inc (FCEL)

[hopester]

I'm not sure how they arrive at their projections but I am sure 4 analysts have an avg/px tgt of $1.96. It's based upon fundamental research . They keep lowering their px tgt after quarterly reports come in.
Further, Analysts see losses continuing to the end of 2029.
What needs to be understood is these forecasts do not factor in the gradual increase in shares by 500 million ( if approved) to what would be 1 billion shares. In of itself it cuts shareholder value in half and halves the projected px targets currently shown accordingly.
I believe the market is anticipating approval and discounting ( adjusting for that ) already.
There may be 1 further wash out drop taking it to $1.00 or even slightly lower. It then will slush around for years going nowhere sideways with bounces here and there but nothing meaningful.
This is conjecture on my part but is based on what I see in charts and trends, and what i read from TRUSTED PROFESSIONALS.