Overview

• H. C. Wainwright raised its Plug Power price target to $7 from $3, triggering a rally across hydrogen and fuel-cell stocks.
• FuelCell Energy shares jumped roughly 22% intraday despite no direct news on the company.
• Wainwright linked rising electricity prices to potential demand for fuel cells but expressed stronger optimism for nuclear stocks.
• Short interest diverges sharply, with Plug near 31% versus FuelCell around 7%, affecting squeeze potential and price action.
• FuelCell remains unprofitable, and market commentary notes analysts do not expect profitability before 2030.