In this paper, we study nonlinear and bifurcation behavior of a two-cell DC-DC buck power electronic converter. The system shows nonsmooth period doubling bifurcation and chaotic phenomena in a certain zone of parameter space. This zone is located both analytically and from numerical simulations. One-dimensional, two-dimensional bifurcation diagrams and Lyapunov exponent spectrum are used to detect the different dynamic behaviors of the system. The Fixed Point Induced Control (FPIC) technique is applied to the system in order to widen the stability zone. The performance of the FPIC technique applied to the stabilization of a two-cell DC-DC buck converter is analyzed. With this technique, stabilization is achieved without changing the fixed point. The robustness in the presence of a noisy environment is checked by numerical simulations by considering different noise levels.