5 Hydrogen Fuel Cell Stocks to Buy Today

Page 1 of 5

In this article, we discuss the 5 best hydrogen fuel stocks to buy today. If you want our detailed analysis of these stocks, go directly to the 10 Hydrogen Fuel Cell Stocks to Buy Today.

5. Hyzon Motors Inc. (NASDAQ:HYZN)

Number of Hedge Fund Holders: 22

Headquartered in Rochester, New York, with operations in Europe, Singapore, Australia, and China, Hyzon Motors Inc. (NASDAQ:HYZN) is one of the top hydrogen fuel cell stocks to buy today. Hyzon Motors Inc. (NASDAQ:HYZN) is a global supplier of zero-emissions hydrogen fuel cell powered electric vehicles including trucks, buses, and coaches. On November 12, the company confirmed that 85 vehicles will be shipped before December 31 and it is expected that Hyzon Motors Inc. (NASDAQ:HYZN) vehicles will be seen in Asia, Australia, Europe, and North America by the end of the year. 

On November 12, Hyzon Motors Inc. (NASDAQ:HYZN) announced its Q3 results, with EPS for the quarter totaling -$0.12, missing estimates by -$0.03. The $962,000 quarterly revenue also missed estimates by $5.13 million. 

Goldman Sachs analyst Jerry Revich initiated coverage of Hyzon Motors Inc. (NASDAQ:HYZN) on October 19 with a Neutral rating and a $7 price target. He stated that Hyzon Motors Inc. (NASDAQ:HYZN) is a major player in the automotive sector, leading the industry in commercializing hydrogen fuel trucks to date. 

Balyasny Asset Management is the leading stakeholder of Hyzon Motors Inc. (NASDAQ:HYZN) from Q3 2021, with 2.59 million shares worth almost $18 million. Overall, 22 hedge funds in the database of Insider Monkey from the third quarter reported owning stakes in Hyzon Motors Inc. (NASDAQ:HYZN), valued at $67.1 million. 

Page 1 of 5