The one available analyst rating on the shares is "buy"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for Fuel Tech Inc is $4.00, about 166.7% above its August 3 closing price of $1.50
Segment performance
APC revenue growth - Co said APC segment revenue rose 11% due to timing of project execution and increased backlog from new project awards
FUEL CHEM revenue growth - Co said FUEL CHEM segment revenue rose 21% due to increased operational dispatch at legacy accounts
Declining gross margins - Co said gross margins declined in both APC and FUEL CHEM segments, citing product and project mix, demonstration costs, freight, and labor costs
Leadership change and outlook
Company names Ramesh Nuggihalli as new CEO, effective August 10, 2026
Company expects full-year 2026 performance to be strong across business segments
FUEL CHEM segment revenues expected to approximate last year's results
APC segment backlog is more than double the backlog at end of 2025
FTEK•
