HC Wainwright Has Negative View of Fuel Tech FY2026 Earnings

Fuel Tech, Inc. (NASDAQ:FTEK) – Stock analysts at HC Wainwright dropped their FY2026 earnings per share (EPS) estimates for shares of Fuel Tech in a research note issued on Thursday, March 6th. HC Wainwright analyst A. Dayal now expects that the industrial products company will post earnings per share of ($0.04) for the year, down from their previous forecast of ($0.02). HC Wainwright currently has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Fuel Tech’s current full-year earnings is ($0.03) per share. HC Wainwright also issued estimates for Fuel Tech’s FY2028 earnings at $0.08 EPS.

Fuel Tech (NASDAQ:FTEK) last released its earnings results on Tuesday, March 4th. The industrial products company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The firm had revenue of $5.28 million during the quarter, compared to the consensus estimate of $5.63 million. Fuel Tech had a negative net margin of 2.29% and a negative return on equity of 1.37%. During the same quarter in the previous year, the firm posted ($0.02) EPS.

Separately, StockNews.com began coverage on shares of Fuel Tech in a research note on Monday. They issued a “hold” rating on the stock.

Fuel Tech Stock Up 2.4 %

Shares of FTEK stock opened at $0.98 on Monday. Fuel Tech has a 12 month low of $0.87 and a 12 month high of $1.34. The company’s fifty day simple moving average is $0.99 and its 200-day simple moving average is $1.02. The firm has a market cap of $30.09 million, a PE ratio of -49.00 and a beta of 4.25.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FTEK. Millennium Management LLC raised its stake in shares of Fuel Tech by 70.1% during the 4th quarter. Millennium Management LLC now owns 58,571 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 24,129 shares in the last quarter. Virtu Financial LLC bought a new stake in Fuel Tech during the fourth quarter worth $26,000. XTX Topco Ltd acquired a new stake in Fuel Tech in the fourth quarter valued at $27,000. Renaissance Technologies LLC grew its position in shares of Fuel Tech by 15.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,039,609 shares of the industrial products company’s stock valued at $1,092,000 after acquiring an additional 138,169 shares during the period. Finally, Peapod Lane Capital LLC bought a new stake in shares of Fuel Tech in the 4th quarter valued at about $1,027,000. 20.94% of the stock is currently owned by institutional investors.

About Fuel Tech

Fuel Tech, Inc provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through Air Pollution Control Technology and FUEL CHEM Technology segments. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems.