5 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts

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In this piece, we will take a look at the five most promising hydrogen and fuel cell stocks according to analysts. If you want to take a deeper look at all the latest developments in the hydrogen and fuel cell industry, then check out 13 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts.

5. Bloom Energy Corporation (NYSE:BE)

Latest Average Analyst Share Price Target: $20.64

Latest Share Price Percentage Upside: 39%

Bloom Energy Corporation (NYSE:BE) is a pure play fuel cell company whose products enable users to generate electricity from hydrogen and other sources. It is ending 2023 on a strong note after having extended a fuel cell distribution agreement with a large South Korean business conglomerate.

As of Q3 2023 end, 29 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned Bloom Energy Corporation (NYSE:BE)’s shares. Philippe Laffont’s Coatue Management was the biggest shareholder as it owned 3.4 million shares that are worth $45.8 million.

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