5 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts

4. Ballard Power Systems Inc. (NASDAQ:BLDP)

Latest Average Analyst Share Price Target: $5.49

Latest Share Price Percentage Upside: 49%

Ballard Power Systems Inc. (NASDAQ:BLDP) is a diversified hydrogen and fuel cell company whose products enable fuel cell power generation for automotive use. It’s one of the more poorly rated stocks on our list since the average share rating is Hold. However, the average share price target of $5.49 prices in a nice 49% share price upside.

Insider Monkey dug through 910 hedge fund portfolios for their third quarter of 2023 shareholdings and found that six had held a stake in the firm. Ballard Power Systems Inc. (NASDAQ:BLDP)’s largest hedge fund investor is Ken Griffin’s Citadel Investment Group courtesy of its $19.4 million stake.

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