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FTFTEK

Fuel Tech, Inc.

$FTEK·$62M·Industrial - Pollution & Treatment Controls·Industrials
$1.990.0%YTD+24.4%1Y-8.7%
Mentions · last 7 days
2026-06-16: 2 posts2026-06-17: 12 posts2026-06-18: 10 posts2026-06-19: 0 posts2026-06-20: 1 posts2026-06-21: 0 posts2026-06-22: 38 posts64
Price updated 15m ago·X counts updated 23h ago
FTFTEK
$FTEKFuel Tech, Inc.
$1.990.00%64 posts
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $FTEK, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersStalledAI verdict · as of 2026-06-23

The move has stalled — likely just drifts unless something new shows up.

Fuel Tech booked $10M of air-pollution-control contracts in April — but the $60M microcap is essentially break-even at $6-7M quarterly revenue.

Fuel Tech provides industrial air-pollution-control technology (NOx reduction, particulate control) and the FUEL CHEM proprietary fuel-additive technology for boiler efficiency. The setup is a small-cap industrial with steady operating economics but stalled growth.

Where it stands:

  • Contract pipeline is the anchor: the April 28 announcement of ~$10M in Air Pollution Control contracts is meaningful against $6-7M quarterly revenue — roughly 1.5x quarterly revenue in a single contract bundle, providing backlog visibility into the next 2-3 quarters and reflecting regulatory-driven demand resilience.
  • Operating economics are essentially break-even: the last four quarters EPS of -$0.04, -$0.04, +$0.01, -$0.02 against gross margins at 43-49% — Q1 revenue of $6M against the sequence ($6M → $7M → $7M → $6M) is essentially flat, with one barely-profitable quarter — operating leverage is intact but topline isn't visible.
  • Capital structure is quiet: the June 5 director A-Award cluster (Bailey, Jones, Zeitler — 15K shares each) is routine board comp not insider buying — the absence of S-Sales, ATM programs, or shelf filings means the equity isn't actively being diluted.

+24% YTD, -9% TTM, $60M market cap. August 4 earnings is the test — first material revenue inflection from the $10M April contracts plus FUEL CHEM commentary extends; another break-even quarter at $6-7M cools. The pollution-control regulatory cycle hasn't yet translated into consistent top-line acceleration.

What to watch: August 4 Q2 earnings — first material revenue inflection from the April 28 $10M Air Pollution Control contracts, FUEL CHEM segment growth, gross-margin trajectory above 45%, and any new contract awards. Material revenue inflection extends; another break-even quarter at $6-7M cools it.

On the calendar: 2026-08-04 — Q2 2026 earnings

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What it does

Plain-English summary of the business — what they sell and how they make money.

Fuel Tech, Inc. (FTEK) delivers advanced solutions designed to optimize boiler performance, enhance operational efficiency, and significantly reduce air pollution for its diverse utility and industrial client base around the world. The company's operations are structured around two primary segments: Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment specializes in mitigating nitrogen oxide (NOx) emissions discharged from flue gas across various stationary combustion sources, including boilers, incinerators, and industrial furnaces. Its comprehensive suite of technologies features advanced low and ultra-low NOx burners, over-fire air systems, selective non-catalytic reduction (SNCR) technologies like NOxOUT and HERT, and selective catalytic reduction (SCR) systems, which incorporate ammonia injection grids (AIG) and graduated straightening grids (GSG). This segment also provides I-NOx systems, ESP processes, ULTRA technology, and specialized flue gas conditioning systems. Conversely, the FUEL CHEM Technology segment delivers specialized programs designed to significantly enhance the operational efficiency, reliability, and fuel flexibility of combustion units, ultimately improving their heat rate and environmental profile. It achieves this by precisely controlling common operational issues such as slagging, fouling, and corrosion, as well as mitigating environmental concerns like opacity, acid plume formation, and the generation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide. This is accomplished through the strategic introduction of chemicals directly into the furnace using its proprietary TIFI® (targeted in-furnace injection) technology. The FUEL CHEM program serves a broad clientele, including electric utilities, industrial plants, pulp and paper operations, waste-to-energy facilities, and university and district heating systems, catering to owners of boilers, furnaces, and similar combustion equipment. Founded in 1987, Fuel Tech, Inc. maintains its corporate headquarters in Warrenville, Illinois.

Industry overviewAI analysisGenerated by AI from underlying data

Where Industrial - Pollution & Treatment Controls sits in its cycle right now — and what that implies for $FTEK.

Industrial - Pollution & Treatment Controls · Industrials

Plastic circular economy and waste valorization are the two structural demand drivers — PureCycle converts discarded polypropylene into recycled PP resin for consumer goods brands seeking circular supply chains, while Aduro converts end-of-life plastics and heavy crude into specialty chemicals via water-based chemistry.

Top industry ETF

$XLIIndustrial Select Sector SPDR
+16.8%YTD
+26.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-21.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-10.9%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-16.4%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-0.4%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.4Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-7.3%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
45.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 5, 2026$-0.04——
Q4 2025Mar 3, 2026$-0.04$-0.03-33.3%
Q3 2025Nov 4, 2025$0.01$0.010.0%
Q2 2025Aug 5, 2025$-0.02$-0.03+33.3%
Next earningsTue, Aug 4·consensus EPS $-0.02

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$6.1M-4.7%43.5%-26.3%$-0.04$-1.2M
Q4 FY25$7.2M+37.2%44.6%-19.7%$-0.04$-2.0M
Q3 FY25$7.5M-4.6%48.9%0.1%$0.01$3.0M
Q2 FY25$5.6M-21.1%45.5%-23.5%$-0.02$-57K

Forward consensus

5-year forecast · up to 1 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$28.3M$28.3M – $28.3M-$0.12-$0.12 – -$0.121
FY27$33.3M$33.3M – $33.3M-$0.05-$0.05 – -$0.051
FY28$38.8M$38.8M – $38.8M$0.10$0.10 – $0.101
FY29$45.3M$45.3M – $45.3M$0.04$0.04 – $0.041
FY30$53.1M$53.1M – $53.1M$0.09$0.09 – $0.091

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.36.0×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.33%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+37.8%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+8.8%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

β1.335-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

BuyMar 6Vincent J ArnoneCEO10.0K sh$12K
+ 6 other (6 awards) in window

See when $FTEK insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Fuel Tech, Inc. (FTEK) Q1 2026 Earnings Call Transcriptseekingalpha.com·48d agoFuel Tech Reports 2026 First Quarter Financial Resultsglobenewswire.com·49d ago4 Pollution Control Stocks to Watch on Robust Industry Trendszacks.com·49d agoFuel Tech Announces Air Pollution Control Contracts Valued at Approximately $10 Millionglobenewswire.com·57d agoFuel Tech Schedules 2026 First Quarter Financial Results and Conference Callglobenewswire.com·61d ago

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Voices on X · last 7 days

No standout posts about $FTEK on X in the last 7 days.

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