MetaCap

FuelCell Energy (FCEL) vs Ultralife (ULBI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

FuelCell Energy (FCEL) has outperformed Ultralife (ULBI) over the past year, gaining 68.6% versus a loss of 9.2%. Over five years, ULBI leads with a -12.5% price change compared with -92.2% for FCEL. FuelCell Energy is the larger company by market cap ($1.38 billion vs $103.5 million), about 13.3 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FCEL+68.57%ULBI-9.21%
+267%+105%-56%
Oct 8, 20251 yearOct 8, 2026
FCEL-91.00%ULBI-13.15%
+84%-11%-107%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FCEL versus ULBI key metrics
MetricFCELULBI
Share price$17.25$6.21
Market cap$1.38B$103.48M
1-day change-6.10%-2.36%
YTD return+135.91%+8.57%
1-year return+68.57%-9.21%
5-year return-92.22%-12.54%
Forward P/E—6.90
EPS (TTM)$-2.76$-0.38
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$37.88$8.25
52-week low$5.71$4.90
Distance from 52-week high-54.47%-24.73%
Analyst consensusbuy—
Avg. price target upside+22.35%—
Average volume8.28M40.51K
Shares outstanding79.95M16.66M
Employees424678
SectorIndustrialsIndustrials
IndustryElectrical Equipment & PartsElectrical Equipment & Parts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • FuelCell Energy is about 13.3 times larger than Ultralife by market value ($1.38B vs $103.48M).
  • FCEL has outperformed ULBI by 77.8 percentage points over the past year.

About FuelCell Energy

FCEL stock →

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen.

Industrials · Electrical Equipment & Parts · 424 employees

About Ultralife

ULBI stock →

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems.

Industrials · Electrical Equipment & Parts · 678 employees

FCEL vs ULBI FAQ

Which is bigger, FuelCell Energy or Ultralife?

FuelCell Energy (FCEL) is larger, with a market capitalization of $1.38B compared with $103.48M for Ultralife (ULBI).

Which stock has performed better over the past year, FCEL or ULBI?

FCEL returned +68.57% over the past 12 months, compared with -9.21% for ULBI (price return, excluding dividends). Past performance does not predict future results.

Are FuelCell Energy and Ultralife in the same industry?

Yes. Both are classified in the Electrical Equipment & Parts industry within the Industrials sector.

More comparisons