Oil Shock Fuels Cleantech Rally: Nordex, Plug Power, and dynaCERT in Focus

dynaCERT Stock: Will the New CEO Drive a Multiplier Effect?

In the current environment, companies are urgently seeking ways to reduce their fuel consumption. dynaCERT offers a solution that is available in the short term. The company's HydraGEN technology reduces emissions and fuel consumption in existing internal combustion engines—particularly in the diesel sector. Its sales focus is on heavy-duty road transport, off-road mining, construction, the oil and gas industry, and stationary power generation. All these sectors are characterized by high diesel consumption.

dynaCERT is currently driving its commercial activities forward. The goal is to convert pilot projects into large-scale contracts. A breakthrough in commercialization would likely lead to a revaluation of the stock. Analysts at GBC Research believe dynaCERT's stock could reach a price of EUR 0.48. The share is currently trading at EUR 0.067.

The transition from the research and pilot phase to commercialization is to be led by a new CEO. German executive Kevin Unrath was recently appointed CEO of dynaCERT. Among other things, he brings leadership experience from Hatz Motorenfabrik and MAN Truck & Bus. Unrath has been on board at dynaCERT as COO since late 2024 and has already driven forward production processes, implementation strategies, and the alignment of the company's technology with customer requirements.

Unrath expressed optimism upon his promotion: "This is not a new beginning, but an acceleration. Over the past year, we have worked to strengthen our foundation, from production and deployment to aligning our technology with actual customer requirements. Our focus is clear, and we are convinced that we are now in a position to move forward decisively."

The stock market appears to believe in the company's prospects under the new CEO. In recent days, the stock has risen noticeably.

Nordex: Unstoppable?

While dynaCERT shares have only just begun to rise, Nordex has reached a market capitalization of over EUR 10 billion and is no longer a bargain. However, this is not stopping investors from continuing to buy into the wind turbine manufacturer. Since the start of the conflict in the Middle East alone, the stock has risen by over 30%. So far this year, the price gain has already totaled just over 50%.

There are solid operational reasons for this strong performance. Nordex has been reporting one order after another this year. In April alone, orders were already reported from Germany, Turkey, and Spain. The latest success story came last Friday from Spain. Nordex is set to supply 13 turbines with a total capacity of 80 MW for a planned wind farm. In addition, a 20-year service contract was signed. The order volume could even be increased by 50% to 120 MW. Construction of the wind turbines is scheduled to begin in spring 2027, while power generation is scheduled to begin by the end of 2027. Prior to this, orders totaling 120 MW from Turkey and 75 MW from Germany had already been reported; all within the past two weeks. Expectations for the first-quarter 2026 figures and the outlook are likely to be correspondingly high. Nordex will publish these on April 27, 2026.

Given this flurry of news, it comes as little surprise that analyst comments are also positive and are giving the stock additional momentum. Last Friday, Deutsche Bank Research renewed its "Buy" recommendation for Nordex shares. Renewable energy is likely to benefit from events in the Middle East and rising energy prices. Looking ahead to the upcoming quarterly figures, investors should not be surprised if order intake comes in slightly lower. Analysts see the fair value of the Nordex share at EUR 58, which is nearly 30% above the current level of EUR 45.

Jefferies is similarly positive on Nordex shares. Its analysts have raised their price target for the wind turbine manufacturer's stock from EUR 50 to EUR 54. They expect improved profitability from the quarterly results.

Plug Power: Sharp Rise

Plug Power shares have surged sharply over the past two weeks. While the stock was trading at USD 2.14 on March 30, it had already reached USD 2.74 by last Friday. Last week alone, it rose by around 13%. It is unclear whether the reason for the price increase lies in the management's roadshow with RBC in Canada. However, Plug CFO Paul Middleton at least seems to have made a favorable impression during his meetings on April 7 and 8.

RBC itself is also more optimistic about Plug Power shares. Analysts have raised their price target for the hydrogen specialist's stock from USD 1.50 to USD 2.75. Following discussions with Plug management, experts see signs of progress in growth drivers such as electrolysers and intralogistics. They also point to the well-filled order pipeline. On this basis, the medium-term revenue targets could be achieved. The lack of profitability remains a problem. Nothing can be done to change this in the short term.

Overall, analysts expect Plug Power to generate approximately USD 803 million in revenue this year, with an average net loss of USD -357 million. For 2027, consensus estimates point to revenue of USD 934 million and a reduced net loss of USD -245 million (Source: Refinitiv/LSEG). So, for the time being, there is no sign of profits, and shareholders must expect significant dilution from one or more capital increases. Incidentally, Plug Power is currently valued at USD 3.8 billion on the stock market.

Plug Power appears to be fairly valued again following the price surge. Further gains will require positive corporate news or a short squeeze. By contrast, dynaCERT shares still appear to have plenty of upside potential. If commercialization is successful, the stock could multiply in value. Nordex remains a momentum-driven play with strong operational backing, though valuation is no longer cheap.