Plug Power Inc. (PLUG)
| Market Cap | 1.51B |
| Revenue (ttm) | 659.51M |
| Net Income (ttm) | -1.41B |
| Shares Out | 911.20M |
| EPS (ttm) | -1.99 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 65,745,850 |
| Open | 1.715 |
| Previous Close | 1.750 |
| Day's Range | 1.630 - 1.725 |
| 52-Week Range | 1.570 - 4.900 |
| Beta | 1.79 |
| Analysts | Hold |
| Price Target | 3.03 (+82.53%) |
| Earnings Date | Mar 4, 2025 |
About PLUG
Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stat... [Read more]
Financial Performance
In 2023, Plug Power's revenue was $891.34 million, an increase of 27.07% compared to the previous year's $701.44 million. Losses were -$1.37 billion, 89.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PLUG stock is "Hold." The 12-month stock price forecast is $3.03, which is an increase of 82.53% from the latest price.
News
Plug Power: Look On The Green Side
Plug Power has scaled revenues by 300% since 2019 and is poised to deliver its first positive net earnings, making it a strong buy. As a leader in PEM electrolyzers, PLUG is set to benefit from a rapi...
Plug Power stock price has crashed: short squeeze may be epic
Plug Power stock price has crashed and is hovering near its all-time low as most new energy companies came under intense pressure. PLUG has dropped by over 8% this year and 58% in the last 12 months, ...
Plug Power's Outlook Dims, Analyst Downgrades Stock On Hydrogen Policy Risks And Limited Capacity Growth
Plug Power Inc. PLUG shares are trading lower on Monday. Seaport Global analyst Tom Curran downgraded the rating from Neutral to Sell and announced a price forecast of $1.
Plug Power's stock slides after analyst downgrade amid ‘escalating headwinds'
Plug Power Inc. shares have been downgraded to sell from neutral by Seaport Research Partners, which also set its price target for the hydrogen-fuel-cell company at $1.
EVgo, Enovix Shine, But What About ChargePoint, Plug Power? Clean Energy Analyst's Stock Picks For 2025
When JPMorgan analyst Bill Peterson spoke about the clean energy space for 2025, his focus was on EVgo Inc EVGO and Enovix Corp ENVX as top picks, citing their better positioning for growth and profit...
Plug Power's 'Longer-Term Backstop' Is Here, But Execution Is Key: Analyst
Plug Power Inc PLUG has locked in its much-anticipated $1.66 billion Department of Energy loan. JPMorgan analyst Bill Peterson believes that the move “likely eases investor concerns” about a potential...
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the...
Plug Power Snags $1.7 Billion DOE Loan Guarantee For Hydrogen Plants
Plug Power, which makes fuel cells and electrolyzers that generate carbon-free hydrogen from water and electricity, got a $1.66 billion loan guarantee from the Energy Department to construct large-sca...
Plug Closes Loan Guarantee from the U.S. Department of Energy
Loan guarantee supports Plug's domestic hydrogen production plant buildout Plug's Graham, Texas, plant first beneficiary of loan guarantee SLINGERLANDS, N.Y., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Plug Po...
Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System
SLINGERLANDS, N.Y., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced a landmark pur...
Plug Power stock: bad news from Toyota, but a 650% surge is likely
The Plug Power stock price has crawled back after plunging to a low of $1.61 in September last year. It bounced back to a high of $3.30 this week, its highest level since July 26 of last year.
Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?
Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Plug Power (PLUG) shares surged for a second straight session after the Treasury Department announced final rules on tax credits for producing clean hydrogen.
Hydrogen's Green Light Moment: Will PLUG Power Up?
The U.S. Treasury has unveiled its final guidance on the 45V Production Tax Credit, setting the stage for a greener hydrogen future.
7 Investments To Avoid In 2024: The Reckoning
As is usual at the start of a new year, many Seeking Alpha contributors will have their lists of where to put your money during the next year. But not losing money with your investments is almost as i...
Plug Power Awaits Hydrogen Tax Credit Decision: What's At Stake
The hydrogen industry, and Plug Power Inc PLUG in particular, is holding its breath as the Treasury inches closer to releasing its final guidance on the Inflation Reduction Act's 45V Production Tax Cr...
Plug Power Inc. (PLUG) Management presents at Jefferies Renewables & Clean Energy Conference 2024 (Transcript)
Plug Power Inc. (NASDAQ:PLUG) Jefferies Renewables & Clean Energy Conference 2024 December 4, 2024 11:00 AM ET Company Participants Jose Luis Crespo - CRO Conference Call Participants Dushyant Ailani...
Plug Power, EVgo Among JPMorgan's Top Sustainable Picks For 2025
As sustainable investing faces mixed signals heading into 2025, select stocks are well-positioned to benefit from ESG catalysts.
What Is Plug Power's Future? Analysts Warn Of Cash Crunch And Slow Hydrogen Market Growth
Analysts revised the price target or estimates on Plug Power, Inc. PLUG after the company reported weak third-quarter results and provided FY25 guidance.
Plug Power: Management Continues To Overpromise And Underdeliver
On Tuesday, Plug Power Inc. reported disappointing Q3 2024 results with revenues missing analyst expectations by a mile. With overall backlog at multi-year lows, management lowered full-year expectati...
Plug Power Hosts 2024 Plug Symposium
With the theme “Plug Doing Real Things,” the event highlights how Plug is laying the groundwork for the next five years
Plug Power Inc. (PLUG) Q3 2024 Earnings Call Transcript
Plug Power Inc. (NASDAQ:PLUG) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Paul Middleton - C...
Why is Plug Power stock down today?
Plug Power Inc. (NASDAQ: PLUG) is trading lower on Tuesday following the release of its third-quarter financial results, which missed Wall Street's expectations. The hydrogen fuel cell systems maker r...
Plug Power Stock Keeps Falling on Wider Losses and a Trump Win
Hydrogen-technology company Plug Power turned in a wider-than-expected third-quarter loss, and a new administration may mean a less-green energy environment.
Plug Power disappoints with its forecast but says it's still making progress
The clean-energy company pointed to improvement in operating cash flow and a narrowing loss, though it also cut its revenue outlook for the full year.