Bernstein Maintains Outperform on Air Products (APD) Following Hydrogen Megaproject Announcements

1 week ago 4

Sheryar Siddiq

Fri, January 2, 2026 astatine 9:50 AM CST 1 min read

Air Products and Chemicals, Inc. (NYSE:APD) ranks among the best hydrogen and substance compartment stocks to bargain for 2026. On December 9, Air Products and Chemicals, Inc. (NYSE:APD) banal plummeted 11%, with Bernstein SocGen Group maintaining its Outperform standing and $320 terms people for the company’s shares. According to Bernstein expert James Hooper, the marketplace absorption was thing of a “overreaction” aft Air Products announced negotiations with Yara to collaborate connected large hydrogen megaprojects.

The statement focuses connected Air Products’ Louisiana Clean Energy Complex and Saudi Arabia’s NEOM Green Hydrogen Project, with the extremity of covering astir 25% of the Darrow project’s costs. Yara is exploring acquiring ammonia production, storage, and shipping facilities for an estimated $2-2.25 billion.

The expert stated that Air Products’ merchandise was “broadly affirmative successful presumption of semipermanent offtake request for some bluish and greenish hydrogen,” resolving Bernstein’s main interest astir hydrogen demand.

Hooper noted that the frameworks are “supportive” careless of “lower currency procreation and remaining uncertainty” linked with the projects.

Air Products and Chemicals, Inc. (NYSE:APD) is simply a US-based concern gases company. It develops, builds, owns, and operates immoderate of the world’s largest cleanable hydrogen projects.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.