FCEL
FuelCell Energy, Inc.
FCEL has a slight edge over RKLB overall, supported by stronger modeled upside.
RKLB
Rocket Lab USA, Inc.
RKLB has lower modeled downside risk, despite its lower overall score.
FCEL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Under pressure | |
| Unavailable |
FCEL's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
FCEL PE Valuation
FCEL has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FCEL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect FCEL's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
FCEL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.01 | +$6.11 |
| Q2 2026 | -$6.15 | +$1.29 |
| Q1 2026 | -$6.49 | +$1.26 |
| Q4 2025 | -$7.42 | +$0.41 |
| Q3 2025 | -$9.12 | -$1.62 |
| Q2 2025 | -$7.44 | -$0.24 |
| Q1 2025 | -$7.75 | +$0.05 |
| Q4 2024 | -$7.83 | -$0.03 |
FCEL has the edge over RKLB on earnings, with more consistent year-over-year improvement.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
FCEL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $33M | -29% |
| Q2 2026 | $35.6M | -4.9% |
| Q1 2026 | $30.5M | +61% |
| Q4 2025 | $55M | +12% |
| Q3 2025 | $46.7M | +97% |
| Q2 2025 | $37.4M | +67% |
| Q1 2025 | $19M | +14% |
| Q4 2024 | $49.3M | +120% |
FCEL's revenue has held roughly level: $33M last quarter, down 29% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -141% | +63 points |
| Q2 2026 | -219% | -123 points |
| Q1 2026 | -86% | +87 points |
| Q4 2025 | -51% | +32 points |
| Q3 2025 | -204% | -62 points |
| Q2 2025 | -96% | +89 points |
| Q1 2025 | -173% | +82 points |
| Q4 2024 | -83% | +79 points |
FCEL's operating margin was −141% last quarter, up 63 points from the same quarter a year ago.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over FCEL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB has the edge over FCEL on profitability, with a higher operating margin.
FCEL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$13.5M | +$18.6M |
| Q2 2026 | -$29M | +$6.2M |
| Q1 2026 | -$34.7M | +$18.1M |
| Q4 2025 | -$23.9M | -$19.2M |
| Q3 2025 | -$32.1M | +$44.7M |
| Q2 2025 | -$35.2M | +$15.2M |
| Q1 2025 | -$52.8M | +$16.1M |
| Q4 2024 | -$4.7M | +$22.4M |
FCEL has the edge over RKLB on cash flow, with more consistent year-over-year improvement.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
FCEL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +30% | +16.2M shares |
| 1 year | +224% | +48.7M shares |
| 3 years | +420% | +56.9M shares |
| 5 years | +555% | +59.7M shares |
| Available history | +3735% | +68.6M shares |
FCEL has 70M diluted shares, up 224% from a year ago.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has the edge over FCEL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
FCEL Net Leverage
FCEL's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FCEL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.8 | Neutral |
| Stochastic | 9.4 | Oversold |
FCEL's weekly RSI is 40 (neutral) and its Stochastic is 9 (oversold).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
FCEL PE vs Industrials Sector
FCEL has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
FCEL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.6 | 24% below |
| 20 week MA | $17.4 | 41% below |
| 50 week MA | $13.8 | 26% below |
| 100 week MA | $10.2 | 0.9% above |
| 200 week MA | $26.3 | 61% below |
FCEL's trend is mixed: it's above one of its five weekly moving averages, and 61% below its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over FCEL on trend strength, trading above more of its moving averages.
FCEL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $38.1 | $369.0 | +869% |
| 2021 | $369.0 | $193.8 | -47% |
| 2022 | $193.8 | $80.1 | -59% |
| 2023 | $80.1 | $48.0 | -40% |
| 2024 | $48.0 | $10.0 | -79% |
| 2025 | $10.0 | $8.48 | -16% |
| 2026 YTD | $8.48 | $10.3 | +21% |
FCEL has the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.