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AFC Energy ( (GB:AFC) ) has provided an update.
AFC Energy has completed the first build of its new LC30 30kW liquid-cooled fuel cell generator, which is now undergoing operational testing and delivering power in line with design specifications. The company says the LC30 achieves around an 85% reduction in manufacturing costs versus the previous air‑cooled model, is up to 20% more efficient, has a significantly smaller and lighter footprint with far fewer components, and can operate in a wider temperature range, enabling global deployment. The generator is designed to scale to 100kW within the same chassis and will move toward certification and pre‑production with manufacturing partner Volex, supporting AFC Energy’s strategy to reach cost parity with diesel, accelerate market adoption, convert its opportunity pipeline into firm contracts and drive sustainable revenue growth without reliance on subsidies.
The most recent analyst rating on (GB:AFC) stock is a Hold with a £10.50 price target. To see the full list of analyst forecasts on AFC Energy stock, see the GB:AFC Stock Forecast page.
Spark’s Take on GB:AFC Stock
According to Spark, TipRanks’ AI Analyst, GB:AFC is a Neutral.
AFC Energy’s stock score is primarily impacted by its financial performance challenges, particularly in profitability and cash flow. The technical analysis shows positive momentum, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh on the score.
To see Spark’s full report on GB:AFC stock, click here.
More about AFC Energy
AFC Energy is a UK-based provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions, listed on AIM and headquartered in Dunsfold, Surrey. Its decentralised ammonia cracker and modular fuel cell generator products supply scalable, off-grid and temporary power aimed at displacing diesel generators, targeting hard-to-abate industrial facilities, transportation, EV charging, construction and infrastructure sites, and emerging applications such as maritime, data centres and rail.
Average Trading Volume: 5,603,756
Technical Sentiment Signal: Buy
Current Market Cap: £138.2M
For a thorough assessment of AFC stock, go to TipRanks’ Stock Analysis page.