8 Best Hydrogen and Fuel Cell Stocks to Buy for 2026

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1. Linde plc (NASDAQ:LIN)

Analyst Upside: 17.00%

Number of Hedge Fund Holders: 76

Linde plc (NASDAQ:LIN) ranks among the best hydrogen and fuel cell stocks to buy for 2026. On December 17, BMO Capital reiterated its Outperform rating and $501 price target for Linde plc (NASDAQ:LIN), highlighting the industrial gas company’s solid growth potential. According to the firm, Linde recently conducted a business review that highlighted its ability to sustain or surpass its 10%+ EPS growth target across a variety of channels.

The firm also noted considerable price and productivity benefits, which became clearer during Linde’s briefing on AI, as well as opportunities for investment and efficiency.

Meanwhile, Mizuho reaffirmed an Outperform rating on Linde plc (NASDAQ:LIN) with a $495 price target following talks with company executives and investors. During these discussions, management confirmed its forecast for combined trendline EPS growth of 8-12%, with 4-6% coming from price and productivity enhancements plus 4-6% from capital allocation measures.

Mizuho reported that Linde’s backlog has lately remained steady, with management projecting it to grow by the end of 2026.

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. The company operates the largest liquid hydrogen capacity and distribution system in the world. Its key products include green hydrogen produced via electrolysis, hydrogen refueling solutions, and innovative hydrogen storage and transportation technology.

While we acknowledge the potential of LIN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LIN and that has 100x upside potential, check out our report about this cheapest AI stock.

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