SFC Energy, a leading fuel cell specialist, stunned investors with an unexpected profit warning, sending its shares plummeting 30% to their lowest level since late 2020. The stock now trades at €15, erasing years of gains overnight. Management blamed the dramatic downturn on macroeconomic uncertainties, volatile exchange rates, and—most critically—U.S. protectionist policies, including high tariffs under the Trump administration, which have unsettled clients and delayed investments. The company slashed its full-year revenue forecast from €160.6–180.9 million to €146.5–161 million, while adjusted EBITDA projections collapsed from €24.7–28.2 million to just €13–19 million.
Analysts Retreat as Bears Take Control
Market analysts swiftly downgraded their ratings, with one major bank shifting from "Buy" to "Hold" and slashing its price target by nearly 40%. The abrupt revision shocked traders, especially after recent contract wins had fueled optimism. Despite the turmoil, SFC Energy insists its core methanol fuel cell business remains robust, growing over 20% annually, and plans to mitigate tariff impacts by launching U.S. production in Q4. However, with macroeconomic headwinds persisting, regaining investor confidence may prove an uphill battle.
