Plug power, bloom energy and fuelcell energy, the three major hydrogen energy companies in the United States, have all made big gains recently. The news that Biden won the election and COVID-19 vaccine both pushed up the share price of hydrogen stocks. Do hydrogen stocks still have room to rise after the big rise? What are the advantages of each of the three hydrogen stocks?

$Prager Energy (PLUG.US) $The largest hydrogen stock in the world

Plug power has a total market capitalization of 9.65 billion, making it the largest hydrogen stock in the world. Compared with March this year, the share price is up more than 800%. Its products are mainly used in industrial transportation and material handling market.

Plug power recently reported its Q3 revenue of $107 million, an increase of 89.78% over the same period last year, almost meeting its 2024 EBITDA target. This is the highest quarterly revenue in the company's history. Plug power raised its full-year revenue forecast to between $325 million and $330 million, up from $310 million. But U. S. stocks lost 11 cents in a single quarter, higher than analysts' .06 dollars. Net profit was minus $39.38 million, down 117% from a year earlier.

Plug power partnered with Brookfield Energy, Linde, Brookfield Renewable Partners and Apex Clean Energy in the third quarter, respectively.

In addition, plug power deployed 4100 hydrogen fuel cell systems and 13 hydrogen refueling stations in the third quarter, and the number of hydrogen fuel cells deployed increased by 130% compared with the same period last year.

Plug power said that by 2024, its sales would reach $1.2 billion, profit before interest and tax would reach $200m, and adjusted EBITDA would reach $250 million. In addition, plug power is building five green hydrogen plants, two of which will be completed by the end of 2020.

Plug power announced an additional 38 million shares on Nov. 17, raising nearly $1 billion. Used to expand the production of fuel cells.

$Bloom Energy Corp. (BE.US) $The only emerging hydrogen energy company that generates positive cash flow.

With a market capitalization of $3.07 billion, bloom energy's share price is up more than 600% from its March low. Bloom energy's main product is a fixed power generation platform, which provides 724 constant power digitally, providing customers with distributed energy solutions.

Bloom energy announced on November 18th that it had won the bid for the Changyuan RE100 project in South Korea to provide hydrogen and hydrogen fuel cells for the project. RE100 is a global renewable energy initiative led by the Climate Group that aims to accelerate the development of zero-carbon power grids. In July this year, bloom energy announced a long-term relationship with SK Electro C to sell hydrogen fuel cells and electrolyzers to the South Korean market.

Bloom energy's third-quarter results showed that total revenue rose 6.6% month-on-month to $200m. Adjusted EBITDA rose 1219% month-on-month to $27.7 million. Over the past three years, bloom energy's income and total assets have grown at a compound growth rate of 33.6% and 6%, respectively. Analysts expect bloom energy's earnings per share to grow 85.3% in the next quarter and 96.9% next year. Revenue is expected to grow by 33.2% in the next quarter and 25.7% next year.

Analysts at Morgan Stanley cut the target price of bloom energy by $1 to $21 on Tuesday morning, but its share price is now less than $19. Despite the target price cut, analysts maintained their overweight rating. Morgan Stanley believes that bloom energy is a strong participant in hydrogen energy companies, although it is not eye-catching from the perspective of GAAP, but it is the only hydrogen fuel cell stock that produces positive cash flow recently.

Seven analysts at American Electric said bloom energy was about to reach its break-even point. They expect bloom energy to lose money in 2021 and then generate a profit of $33 million in 2022. But at the same time remind companies that debt can be a potential risk.

$fuel cell energy (FCEL.US) $The share price doubled in four days.

Fuelcell energy has a total market capitalization of $1.5 billion. The increase in four days is nearly 100%, and the daily trading volume is magnified. Trading volume rose 23.79% on Wednesday, more than twice as much as on Monday. Two Wall Street analysts gave buy and hold ratings, respectively.

Fuelcell energy, whose customers are mainly power plants, universities, government agencies and commercial organizations, is an integrated fuel cell company. The company's fuel cell solution is a traditional alternative to combustion power generation and complements intermittent energy sources such as solar and wind.

FCELQ3 reported that its total revenue fell 17.54% year-on-year to $18.72 million. Net profit was minus $15.33 million, down 188 per cent from a year earlier. Us stocks earned minus $2.44, up 88 per cent from a year earlier.

During his four years in office, Trump's share price has fallen from $80 to around $1. After Biden's election, investors rekindled their interest in new energy stocks and increased their investment in new energy stocks such as photovoltaic, hydrogen and lithium batteries.

FCEL has many heavyweight partners, such as Exxon Mobil Corp, Toyota, U.S. Department of Defense, Pfizer Inc and National Power. FCEL developed a 5.6MW power plant for Pfizer Inc, while FCEL partnered with a number of state power companies to provide backup energy.

Some analysts believe that the market capitalization of fuelcell energy is smaller than that of the other two, but the growth potential is huge. Recently, fuelcell energy has risen a lot, but plug power and bloom energy have fallen. Analysts said plug power and bloom energy rose sharply in the early days, with investors taking profits and causing share prices to fluctuate.