Three hydrogen companies—Plug Power, Ballard Power Systems, and FuelCell Energy—are under scrutiny this October as they approach critical milestones that will determine their viability. Plug Power aims for positive EBITDAS by Q4 2026 but struggles with liquidity. Ballard Power targets positive operating cash flow by the end of 2027 after a major acquisition, while FuelCell Energy seeks to reach 100 MW annualized production this month, backed by the strongest cash position. These milestones will reveal whether these speculative stocks can justify their growth potential despite current losses and risks.
Plug Power shares trade at USD 1.89 on Pluang, down 0.26% over the past day, with a market cap of $2.64 billion. FuelCell Energy is up 4.65% at USD 18.91, reflecting strong buying interest despite its lower market cap of $1.45 billion. These price moves highlight investor attention as the companies approach key milestones. Data is current as of Oct 06, 2026 21:51 WIB.
