Fuel Tech, Inc. (FTEK)Industrials | Pollution & Treatment Controls | Warrenville, United States | NasdaqCM
1.48 USD
+0.02
(1.370%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.48 |
Hot Take ↕ | Aug. 22, 2026, 4:22 a.m. EDT
The investment case here is fundamentally broken despite the gleaming analyst consensus. While the single analyst rates this a 'Strong Buy' with a $4.00 target, the underlying reality is a company burning cash with negative operating margins, negative free cash flow, and a trailing P/E that is mathematically impossible (-27.8x). The balance sheet shows a massive disconnect between assets and liabilities, with debt-to-equity exceeding 1.4x and no earnings to service it. The recent price action confirms this deterioration; after a massive 177% spike last year, the stock has been grinding lower for the past nine months, failing to hold gains. The options market agrees with the pessimism, with traders stacking put orders at $2.00 to catch a falling knife, creating a heavy ceiling that prevents any meaningful rally. This is a classic value trap where the market has correctly priced out the business risk, rendering the optimistic analyst targets irrelevant until the company can demonstrate a path to profitability. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.182297 |
| AutoETS | 0.201020 |
| AutoARIMA | 0.202744 |
| MSTL | 0.208696 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 0.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.069 |
| Excess Kurtosis | -0.57 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 1.426 |
| Revenue per Share | 0.878 |
| Market Cap | 46,124,568 |
| Forward P/E | -29.60 |
| Beta | 1.30 |
| Profit Margins | -12.75% |
| Website | https://www.ftek.com |
As of Aug. 22, 2026, 4:22 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts at the $2.00 strike across multiple expirations. This creates a dense 'wall' of resistance that suggests a high probability of a bounce if the price drops further, while call volume remains thin and concentrated near the money, indicating limited aggressive bullish sentiment.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.4948097 |
| Address1 | 27,601 Bella Vista Parkway |
| All Time High | 38.2 |
| All Time Low | 0.3 |
| Ask | 1.89 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 109,080 |
| Average Daily Volume3 Month | 315,988 |
| Average Volume | 315,988 |
| Average Volume10Days | 109,080 |
| Beta | 1.301 |
| Bid | 1.1 |
| Bid Size | 2 |
| Book Value | 1.195 |
| City | Warrenville |
| Compensation As Of Epoch Date | 1,072,828,800 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.48 |
| Current Ratio | 5.099 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.55 |
| Day Low | 1.4601 |
| Debt To Equity | 1.426 |
| Display Name | Fuel Tech |
| Earnings Call Timestamp End | 1,785,938,400 |
| Earnings Call Timestamp Start | 1,785,938,400 |
| Earnings Timestamp | 1,785,873,600 |
| Earnings Timestamp End | 1,793,736,000 |
| Earnings Timestamp Start | 1,793,736,000 |
| Ebitda | -3,831,000 |
| Ebitda Margins | -0.14032 |
| Enterprise To Ebitda | -7.08 |
| Enterprise To Revenue | 0.993 |
| Enterprise Value | 27,122,848 |
| Eps Current Year | -0.13 |
| Eps Forward | -0.05 |
| Eps Trailing Twelve Months | -0.11 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 630 845 4502 |
| Fifty Day Average | 1.5954 |
| Fifty Day Average Change | -0.11539996 |
| Fifty Day Average Change Percent | -0.07233293 |
| Fifty Two Week Change Percent | -49.48097 |
| Fifty Two Week High | 3.65 |
| Fifty Two Week High Change | -2.17 |
| Fifty Two Week High Change Percent | -0.59452057 |
| Fifty Two Week Low | 1.17 |
| Fifty Two Week Low Change | 0.31000006 |
| Fifty Two Week Low Change Percent | 0.26495734 |
| Fifty Two Week Range | 1.17 - 3.65 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 747,408,600,000 |
| Float Shares | 23,778,140 |
| Forward Eps | -0.05 |
| Forward P E | -29.6 |
| Free Cashflow | -713,750 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 77 |
| Fullday Change | 0.02 |
| Fullday Change Percent | 1.36986 |
| Fullday Price | 1.48 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.44737 |
| Gross Profits | 12,214,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.23318 |
| Held Percent Institutions | 0.24073 |
| Implied Shares Outstanding | 31,165,249 |
| Industry | Pollution & Treatment Controls |
| Industry Disp | Pollution & Treatment Controls |
| Industry Key | pollution-treatment-controls |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology. This segment also offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. In addition, the company provides dissolved gas infusion systems, which utilize a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and visualization software. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois. |
| Long Name | Fuel Tech, Inc. |
| Market | us_market |
| Market Cap | 46,124,568 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_407290 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -3,481,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 45,732,595 |
| Number Of Analyst Opinions | 1 |
| Open | 1.47 |
| Operating Cashflow | -212,000 |
| Operating Margins | -0.24133 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.33 |
| Phone | 630 845 4500 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 1.48 |
| Post Market Time | 1,787,960,834 |
| Previous Close | 1.46 |
| Price Eps Current Year | -11.384616 |
| Price Hint | 4 |
| Price To Book | 1.2384937 |
| Price To Sales Trailing12 Months | 1.6894208 |
| Profit Margins | -0.1275 |
| Quick Ratio | 4.791 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.02 |
| Regular Market Change Percent | 1.36986 |
| Regular Market Day High | 1.55 |
| Regular Market Day Low | 1.4601 |
| Regular Market Day Range | 1.4601 - 1.55 |
| Regular Market Open | 1.47 |
| Regular Market Previous Close | 1.46 |
| Regular Market Price | 1.48 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 93,490 |
| Return On Assets | -0.0635 |
| Return On Equity | -0.08922 |
| Revenue Growth | 0.167 |
| Revenue Per Share | 0.878 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 31,165,249 |
| Shares Percent Shares Out | 0.0036000002 |
| Shares Short | 111,682 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 110,212 |
| Short Name | Fuel Tech, Inc. |
| Short Percent Of Float | 0.004 |
| Short Ratio | 0.86 |
| Source Interval | 15 |
| State | IL |
| Symbol | FTEK |
| Target High Price | 4.0 |
| Target Low Price | 4.0 |
| Target Mean Price | 4.0 |
| Target Median Price | 4.0 |
| Total Cash | 19,611,000 |
| Total Cash Per Share | 0.628 |
| Total Debt | 533,000 |
| Total Revenue | 27,302,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.11 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.5081 |
| Two Hundred Day Average Change | -0.028100014 |
| Two Hundred Day Average Change Percent | -0.018632725 |
| Type Disp | Equity |
| Volume | 93,490 |
| Website | https://www.ftek.com |
| Zip | 60,555-1617 |