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FCEL

FuelCell Energy, Inc.

Sector: energyElectrical Equipment & PartsNASDAQMarket Cap: $366.6M

FuelCell Energy manufactures and operates stationary fuel cell power plants for commercial and industrial customers, with a primary political signal of $50,000 in 2024 lobbying focused on extending the federal energy investment tax credit.

Next filing → your inbox
Govt Dependence
85/100
Regulatory Density
90/100
Lobbying Intensity
60/100
Political Signal
NEUTRAL

BusinessWhat FCEL does

The company designs, manufactures, and operates stationary fuel cell power plants for on-site power generation, primarily serving utilities, industrial users, and government facilities. Revenue is generated from product sales, long-term service agreements, and power purchase agreements. The business model is heavily dependent on government energy policy and tax incentives for clean energy technologies.

12 months past · 3 months futureFCEL activity timeline

$37$21$6 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $36.01 hi $6.00 lo $16.28 CONGRESS 30 INSIDERS 0 13F FUNDS 24 BILLS 44 Two Sigma Investments · + $8366M · 2026-03-31Renaissance Technologies · - $5789M · 2026-03-31Renaissance Technologies · + $9M · 2025-12-31Renaissance Technologies · OPENED $8M · 2025-09-30Two Sigma Investments · + $7M · 2025-12-31Citadel Advisors · + $5M · 2025-12-31Two Sigma Investments · OPENED $5M · 2025-09-30Citadel Advisors · + $4M · 2025-09-30 MARKUP · House Foreign Affairs Subcommittee on Europe · 2026-09-15MARKUP · House Science, Space, and Technology · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Energy · 2026-09-15MARKUP · Senate Finance · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Health · 2026-09-15MARKUP · House Natural Resources · 2026-09-15MARKUP · House Foreign Affairs South and Central Asia Subcommittee · 2026-09-15MARKUP · House Foreign Affairs Subcommittee on Western Hemisphere · 2026-09-15MARKUP · House Agriculture · 2026-09-16MARKUP · Senate Environment and Public Works · 2026-09-16MARKUP · Senate Foreign Relations · 2026-09-16MARKUP · House Natural Resources Subcommittee on Water, Wildlife and · 2026-09-16MARKUP · Senate Energy and Natural Resources · 2026-09-16MARKUP · House Science, Space, and Technology Subcommittee on Investi · 2026-09-16MARKUP · House Subcommittee on the Middle East and North Africa · 2026-09-16MARKUP · House Foreign Affairs East Asia and Pacific Subcommittee · 2026-09-16MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-09-16MARKUP · Senate Foreign Relations · 2026-09-17MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-09-17
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
247 trading days · 0 congressional trades shown · 0 insider buys · 8 13F filings · 0 past bill actions · 19 upcoming markups

Lifetime Government AwardsFCEL federal contracts

FCEL doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding FCEL

$14.16B
Total FCEL held by tracked 13F funds
3
Funds with FCEL positions
Two Sigma Investments $8.37B +27% 2026-03-31
Renaissance Technologies $5.79B -27% 2026-03-31
Citadel Advisors $5M +44% 2025-12-31

Congressional TradesWho in Congress is trading FCEL

2023-04-10 Daniel S. Goldman D-New York · house Sale $1,001 - $15,000
2023-04-10 Daniel S. Goldman D-New York · house sale $1,001 - $15,000
2020-12-07 Thomas R. Suozzi D-New York · house Sale $15,001 - $50,000 742d late
2020-12-02 Thomas R. Suozzi D-New York · house purchase $15,001 - $50,000 747d late
2020-12-07 Thomas R. Suozzi D-New York · house sale $15,001 - $50,000 742d late
2020-12-02 Thomas R. Suozzi D-New York · house Purchase $15,001 - $50,000 747d late
2021-09-07 Austin Scott R-Georgia · house Purchase $1,001 - $15,000
2021-09-07 Austin Scott R-Georgia · house purchase $1,001 - $15,000
2020-12-01 Thomas R. Suozzi D-New York · house sale $100,001 - $250,000 296d late
2020-12-01 Thomas R. Suozzi D-New York · house Sale $100,001 - $250,000 296d late
2020-11-25 Thomas R. Suozzi D-New York · house Purchase $100,001 - $250,000 302d late
2020-11-25 Thomas R. Suozzi D-New York · house purchase $100,001 - $250,000 302d late
30+ trades on file · most recent 2023-05-19

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

2
option exercises · $453K
For FCEL, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting FCELLive legislation impacting this stock

Political ProfileWhere FCEL sits in Washington

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STRUCTURAL: Strong committee alignment (Ways & Means, Armed Services) and targeted $50K lobbying for tax credit extension. EVIDENTIARY: Zero corporate insider buys (`get_corporate_insider_signal.total_buys: 0`), zero federal contract history (`get_government_precedent.federal_contracts_summary: null`), and zero recent congressional trades (`top_congressional_traders` array empty). Net: Structural advocacy offset by lack of financial conviction from insiders or government procurement.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Expiration of Investment Tax Credit (ITC) for fuel cells
    Internal Revenue Service (IRS)
    "Lobbying filings target S.3027, a bill to amend the Internal Revenue Code, per `lobbying_filings[0].specific_issues`."

Regulatory opportunities

  • Extension and expansion of the energy investment tax credit (ITC) under Section 48
    Internal Revenue Service (IRS)
    "Primary lobbying objective is S.3027, per `lobbying_filings[0].specific_issues`."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.

LobbyingWho's hired to advocate for FCEL

PENN AVENUE PARTNERS · $50K general
Member intelligence layer

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Frequently AskedAbout FCEL & political exposure

Does FuelCell Energy, Inc. (FCEL) hold federal contracts?
No direct prime contracts reported in USASpending.gov for FuelCell Energy, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded FCEL stock?
40 congressional trades by 3 unique members of Congress, most recently on 2023-04-10. See the Congressional Trading panel for politician-by-politician breakdown.
What is FCEL political risk profile?
Government dependence: 85/100. Lobbying intensity: 60/100. Political signal: neutral. Donor party split: R 33% / D 67%.
How does GovGreed track FCEL political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. FCEL data is updated daily from these official federal sources.