Nel’s stock surges 2.5% as hydrogen electrolyzer plans energize investors
Nel has kicked off the new trading year with a strong rise in its share price. The increase follows the company’s recent decision to industrialize its next-generation electrolyzer platform. Investors are now pricing in the long-term potential of this strategic shift in the stock market today.
The move marks a turnaround after a difficult 2025, with early signs of renewed confidence in the hydrogen sector.
In December 2025, Nel finalized funding and made its final investment decision (FID) to scale up production of its Next-Generation Pressurized Alkaline electrolyzer platform. This transition from development to full industrial manufacturing aims to cut costs and improve efficiency in hydrogen production. The goal is to reduce the levelized cost of hydrogen (LCOH), strengthening Nel’s position in the competitive stock market.
Shares have responded positively, climbing around 2.5% to near 2.29 NOK. The price action reflects both technical recovery and investor optimism about the company’s industrial plans in the stock market today. A key support level at 2.20 NOK held firm in late December, backed by solid trading volume, indicating broader market interest rather than short-term trading.
Attention now turns to resistance at 2.28–2.29 NOK. A decisive break above this zone could signal a short-term trend reversal, potentially pushing the stock toward 2.35 NOK in the near term. Analysts note that investors are increasingly factoring in Nel’s mid-term industrialization strategy when valuing the stock in the stock market today.
The early gains in 2026 suggest growing appetite for hydrogen-related investments after a tough previous year. Nel’s industrial push and technical rebound have set a positive tone, with further upside possible if resistance levels are cleared. The company’s focus on cost and efficiency could shape its market performance in the months ahead.
