Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

7 top hydrogen fuel cell stocks to buy in 2025

Ready to invest in the alternative energy industry? Learn how to invest in hydrogen fuel cell stocks in just a few steps.

Go to site

Invest Smarter with VectorVest

VectorVest delivers data-driven insights together with automated stock analysis and portfolio management tools to help you make informed investment decisions with confidence

  • Special 30-day risk-free trial for $9.95.
  • Accurate assessments of the value of 16,000+ stocks.
  • Get daily buy, hold or sell ratings based on real-time market trends.
  • Get expert insights, webinars and analysis to help you improve your investing skills.

The best hydrogen fuel cell stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

The top alternative energy stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. Plug Power (PLUG)
  2. FuelCell Energy (FCEL)
  3. Ballard Power Systems (BLDP)
  4. Dow (DOW)
  5. Air Products and Chemicals (APD)
  6. Linde plc Ordinary Shares (LIN)
  7. Bloom Energy (BE)

Our top broker picks

Top pick for stock bonuses

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options with no options contract fees
  • Get up to $1,000 in stock when you open and fund a new account within 30 days
  • Access to a financial planner
Customer must fund their Active Invest account with at least $50 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

Top pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Get 4% annual equivalent rate on your cash
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Our pick for active trading

Go to site
  • Trade stocks, ETFs and options for as little as $1
  • Low margin rates starting at 8.83%
  • Get up to $1,000 when you open and fund an account. Terms apply
  • Mobile, web and desktop trading platforms and Zacks Rank system

How to invest in hydrogen fuel cell stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like PLUG or FCEL.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into hydrogen fuel cell stocks

If you're interested in investing in the alternative energy industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Plug Power (PLUG)

Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

Plug Power stock opened the day at $1.28 after a previous close of $1.32. The latest price was $1.32 (25-minute delay). Plug Power is listed on the NASDAQ, has a trailing 12-month revenue of around USD628.8 million and employs 3,224 staff.

  • Market capitalization: $1,302,048,512
  • PEG ratio: -0.27

Back to top


2. FuelCell Energy (FCEL)

FuelCell Energy, Inc. , together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

FuelCell Energy stock opened the day at $4.55 after a previous close of $4.62. The latest price was $4.62 (25-minute delay). FuelCell Energy is listed on the NASDAQ, has a trailing 12-month revenue of around USD$114.4 million and employs 584 staff.

  • Market capitalization: $99,375,856
  • PEG ratio: -0.12

Back to top


3. Ballard Power Systems (BLDP)

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.

Ballard Power Systems stock opened the day at $1.12 after a previous close of $1.12. The latest price was $1.12 (25-minute delay). Ballard Power Systems is listed on the NASDAQ, has a trailing 12-month revenue of around USD$69.7 million and employs 887 staff.

  • Market capitalization: $371,554,912
  • PEG ratio: -3426.67

Back to top


4. Dow (DOW)

Dow Inc. , through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. The company operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments.

Dow stock opened the day at $33.48 after a previous close of $34.89. The latest price was $31.46 (25-minute delay). Dow is listed on the NYSE, has a trailing 12-month revenue of around USD$43 billion and employs 36,000 staff.

  • Market capitalization: $25,111,109,632
  • P/E ratio: 22.7355
  • PEG ratio: 0.3893

Back to top


5. Air Products and Chemicals (APD)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.

Air Products and Chemicals stock opened the day at $289.25 after a previous close of $294.96. The latest price was $283.20 (25-minute delay). Air Products and Chemicals is listed on the NYSE, has a trailing 12-month revenue of around USD$12 billion and employs 23,000 staff.

  • Market capitalization: $65,023,057,920
  • P/E ratio: 16.904
  • PEG ratio: 8.8713

Back to top


6. Linde plc Ordinary Shares (LIN)

Linde plc operates as an industrial gas company in the United States, China, Germany, the United Kingdom, Australia, Mexico, Brazil, and internationally. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, acetylene, etc. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations consist of air separation, hydrogen, synthesis, olefin, and natural gas plants.

Linde plc Ordinary Shares stock opened the day at $466.56 after a previous close of $469.74. The latest price was $467.22 (25-minute delay). Linde plc Ordinary Shares is listed on the NASDAQ, has a trailing 12-month revenue of around USD$33 billion and employs 65,289 staff.

  • Market capitalization: $219,776,401,408
  • P/E ratio: 33.8972
  • PEG ratio: 2.514

Back to top


7. Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, a power generation platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. The company also provides Bloom Electrolyzer for producing hydrogen.

Bloom Energy stock opened the day at $20.55 after a previous close of $21.24. The latest price was $21.12 (25-minute delay). Bloom Energy is listed on the NYSE, has a trailing 12-month revenue of around USD$1.5 billion and employs 2,127 staff.

  • Market capitalization: $4,684,012,032
  • PEG ratio: 1.9766

Back to top

Check out Finder's picks for the best brokerage accounts

Compare top brokerage accounts and apps to help you maximize your investment.

Bottom line

While it’s possible to turn a profit investing in hydrogen fuel cell stocks, keep in mind that — like any investment — hydrogen fuel cell stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the alternative energy industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Go to site