Best Hydrogen Stocks To Watch or Invest In Now

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Hydrogen isn’t just powering cars — it’s fueling the next wave of clean energy innovation. With governments and companies worldwide racing to reduce carbon emissions, hydrogen is becoming a top contender in the shift toward greener alternatives.
That’s why more investors are asking: What are the best hydrogen stocks to buy now?
Whether you’re a beginner investor looking to explore energy sectors or a seasoned trader tracking emerging tech, this guide breaks down today’s most promising hydrogen stocks, why the sector matters and how to get started.
Best Hydrogen Stocks in 2025
Here’s a list of the five best hydrogen stocks for May 2025:Â
Stock | Ticker | Market Cap | Dividend Yield | Current Share Price | P/E |
---|---|---|---|---|---|
Plug Power | PLUG | $880.22 Million | N/A | $0.85 | 0.00 |
Air Products & Chemicals | APD | $60.34Â Billion | $2.62 | $308.19 | 22.19 |
Linde plc | LIN | $213.08 Billion | $1.33 | $450.67 | 28.81 |
BP PLC ADR | BP | $77.46Â Billion | $6.47 | $30.56 | 9.17 |
Shell PLC ADR | SHEL | $196.55 Billion | $4.33 | $67.61 | 9.53 |
Why Invest in Hydrogen Stocks?
Hydrogen stocks could be a way to add depth to your portfolio. Here are a few reasons to invest in hydrogen stocks:Â
- Higher demand for cleaner energy: Hydrogen is viewed as a good source to limit carbon emissions.Â
- Government incentives: Governments offer incentives for companies to develop hydrogen technology. Governments offer tax credits and mandates to push hydrogen adoption.Â
- Early stages: You can capitalize on growth in the hydrogen sector since it is in its early development.Â
Hydrogen Stocks vs. Other Investment Options
How do hydrogen stocks compare to other investments? Check out this chart that compares hydrogen stocks with other investment options.Â
Investment Type | Pros | Cons |
---|---|---|
Hydrogen stocks | – High long-term growth because of clean energy demand – Supported by government initiatives – Opportunity to get in on a stock that is emerging |
– Volatile swings – Many hydrogen stocks can be overvalued – Heavily dependent on subsidies |
Blue-chip stocks | – Lower volatility – Stable earnings – Strong track record |
– Lower growth potential – Can underperform |
Bonds | – Lower risk – Stable returns – Good for income through interest returns |
– Lower growth potential – Inflation can erode growth – Conservative investment |
ETFs | – High growth potential – Accessible and liquid – Emerging asset class |
– Thematic ETFs can carry high risk – High volatility |
Why Invest in Hydrogen Stocks?
Here’s why investors are paying close attention to hydrogen companies in 2025:
- Global Push for Clean Energy: Countries like the U.S., Japan and Germany are investing billions into hydrogen infrastructure.
- Diverse Use Cases: Hydrogen is used in transportation, steel production, shipping and power storage.
- Government Incentives: The U.S. Inflation Reduction Act includes hydrogen tax credits through 2032.
- Early Growth Stage: The hydrogen economy is still young, which means more room for growth — but also more volatility.
Risks of Investing in Hydrogen Stocks
There are risks in any investment. You will have to evaluate whether investing in hydrogen stocks is worth the risk. Here are some of the risks:
- Volatility: Hydrogen stocks are susceptible to wild swings because of earning reports, market news and regulatory changes.Â
- Commercial viability: Storing and transporting hydrogen can be complicated. Companies may fail to commercialize these products.Â
- Financial instability: Many hydrogen companies operate at a loss and may depend on government funding or external financial sources.Â
- Policy risk: Companies that are in the hydrogen business are dependent on the government for carbon credits, subsidies and clean energy mandates. Any delays could cause disruption.
Trends Shaping the Hydrogen Market in 2025
Wondering about what trends are shaping the future of hydrogen stocks? Here are a few trends that are impacting hydrogen stocks:
- Policy initiatives: Governments are supporting the development of hydrogen adoption. For example, the European Union (EU) had targeted producing 10 million tons of hydrogen annually by the year 2030.Â
- Infrastructure expansion: There is an increased emphasis on hydrogen companies investing in refueling stations, storage systems and transportation networks.Â
- Cost reduction: Recent technology has reduced the cost of hydrogen production.
How to Buy Hydrogen Stocks
Here’s how to move forward with buying hydrogen stocks:
- Step 1. Choose a brokerage platform and fund your account. Choose a platform that allows you to buy hydrogen stocks and link a bank account.
- Step 2. Do your research. Understand the hydrogen stocks landscape. Look for industrial gas giants and fuel cell innovators. Decide if you want a stock or ETF.
- Step 3. Find the company ticker. Locate the company ticker on the platform.Â
- Step 4. Decide how much you want to invest. You may want to evaluate your full portfolio before investing.Â
- Step 5. Place an order. Choose your order type and submit.
- Step 6. Track your investment. Monitor your investment and make adjustments as necessary.Â
Final Take to GO
If you’re looking to diversify your portfolio with clean energy investments, the best hydrogen stocks offer high-risk, high-reward potential in a growing global market. From fuel cell innovators to industrial gas giants, there’s something for every investing style.
Hydrogen has a great deal of potential as a clean energy source, but some issues will need to be overcome for it to be viable for a wide range of uses. If history is any indication, this means that the companies that are betting their future on this technology could be in for some volatility.
Some will likely opt — or be escorted — out of the market, while others could enjoy significant profits, and so will their investors.
However, it doesn’t seem like the hydrogen revolution is imminent, so you should view hydrogen stocks as having a long runway, not as a short-term stock investment.
FAQs About Hydrogen Stocks
Here are some quick answers to common questions about which are the best hydrogen stocks to buy ASAP:- What are the best hydrogen stocks for beginners?Â
- Linde plc (LIN), Air Products & Chemicals Inc. (APD) and Bloom Energy Corp (BE) are good stocks for beginners. Â
- Should I invest in hydrogen stocks in 2025?Â
- There is growth potential with hydrogen stocks, and generally, governments support hydrogen adoption. However, be aware that hydrogen stocks are volatile and face infrastructure challenges.
- Which hydrogen stocks pay dividends?Â
- Linde plc (LIN), Air Products & Chemicals Inc. (APD) and Global X Hydrogen ETF (HYDR) have paid dividends. Â
- Are hydrogen stocks good for long-term growth?Â
- Decarbonization efforts, innovation and global initiatives help support long-term growth for hydrogen stocks.Â
- Decarbonization efforts, innovation and global initiatives help support long-term growth for hydrogen stocks.Â
Information is accurate as of May 13, 2025.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
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- Fidelity Investments "Why diversification matters"
- U.S. Department of Energy "Financial Incentives for Hydrogen and Fuel Cell Projects"
- U.S. Department of Energy "U.S. National Hydrogen Strategy and Roadmap"
- U.S. Department of Energy "Hydrogen Program"
- EBC Financial Group "Hydrogen Stocks in 2025: Key Trends and Insights"
- Transport & Logistics International Magazine "Hydrogen Infrastructure Investment Fueled by Government Incentives"