Global X Hydrogen ETF (HYDR) is rated a 'Hold' for investors who can tolerate high volatility while the hydrogen energy sector matures. The fund's value depends on catalysts like rising hydrogen demand, profitability in the industry, and strategic moves by key holdings such as Doosan Fuel Cell and Plug Power. Despite a 260% price increase over the past year, the main companies in the fund remain unprofitable and current valuations already reflect expected growth. Investors should be cautious as the fund may underperform if these industry catalysts do not materialize.
Canaccord Genuity raised its price target for Plug Power from $2.50 to $4 while maintaining a Hold rating, reflecting confidence in the company's turnaround efforts under Project Quantum Leap. This program focuses on restructuring and cost optimizati...
Plug Power's shares initially jumped 9% following a strong Q1 2026 earnings report, with revenue up 22% year-over-year and adjusted EPS beating estimates. The company also improved its gross margin significantly and expects $275 million from asset sa...
Plug Power delivered strong Q1 2026 results with a 22% revenue increase to $163.5 million and a 71% improvement in GAAP gross margin year-over-year. The company improved adjusted EPS and advanced its hydrogen solutions business across material handli...
Shares of FuelCell Energy, Plug Power, and Bloom Energy rallied sharply, driven by rising demand for clean power in AI data centers and strong financial results. Bloom Energy raised its 2026 revenue guidance after a 130% YoY Q1 revenue jump, while Fu...
