[Featured Stock] Doosan Fuel Cell Jumps 7% on Hopes for Fuel Cell Supply to Data Centers

The share price of Doosan Fuel Cell is on an upward trend on expectations in the securities market that the company’s fuel cell supply to data centers could expand.

As of 9:20 a.m. on the 26th, Doosan Fuel Cell was trading at 40,700 won, up 2,600 won (6.82%) from the previous trading day.

Jung Hyejeong, a researcher at KB Securities, said the previous day regarding Doosan Fuel Cell, "While there are only a limited number of companies mass-producing power-generation fuel cells in the global market, the announcement by U.S. President Donald Trump of an emergency power auction means big tech companies must secure on-site power generation sources directly and quickly. If exports of the new PAFC model for data centers, along with the stabilization of SOFC production and cost reductions, lead to visible orders from data centers, there could be room for further upward revisions." She added, "We are raising our target price by 72.4% to 50,000 won and also upgrading our investment rating to Buy."

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