What are the price targets for plug power (plug) stock?
Aug 06, 2021 · The street high target price for PLUG is $78, which would mean the stock moving 200 percent higher from these levels over the next 12 …
Should you buy plug power stock at $42?
Aug 21, 2020 · H.C. Wainwright analyst Amit Dayal expects Plug’s net revenues to climb to $1.1 billion in 2024, slightly beneath Plug’s guidance of $1.2 …
How much is a share of Plug Power worth?
Apr 14, 2022 · On average, they expect Plug Power's stock price to reach $37.48 in the next twelve months. This suggests a possible upside of 45.4% from the stock's current price. View analysts' price targets for Plug Power or view top-rated stocks among Wall Street analysts.
What is the upside for Plug Power's stock?
Mar 21, 2022 · Plug Power stock forecast for 2022–2027. Will Plug Power stock go up? Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 21 March by Wallet Investor for 2022–2027 said the price could be around $34.3 in a year's time. It suggested the stock could reach $79.4 …
What will PLUG stock be worth in 5 years?
According to Wallet Investor's Plug Power stock expectations, five years from now the stock could possibly surge to $93 a share based on an analysis of its current trend.Mar 21, 2022
How high will PLUG stocks go?
Heading into 2022, PLUG stock is expected to deliver higher revenue and narrower losses. Market consensus sees Plug Power's top line expanding by +80% YoY from $499 million in fiscal 2021 to $899 million in FY 2022, according to sell-side financial estimates sourced from S&P Capital IQ.Jan 14, 2022
Is Plug Power a good long term investment?
Plug Power (NASDAQ:PLUG) is continuing to take steps that further extend its first-mover advantage in multiple aspects of the hydrogen ecosystem. Meanwhile, multiple governments are looking to implement new programs that will promote the use of hydrogen.Jan 17, 2022
What is the future of Plug Power stock?
The plant is expected to open in 2022. On March 30, 2021, Plug Power said it planned to open a green hydrogen production plant in south-central Pennsylvania with Brookfield Renewable Partners. PLUG stock jumped 11% on the news. Construction is slated for the first quarter of 2022.Mar 22, 2022
Is Plug Power a buy hold or sell?
Plug Power has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 18 buy ratings, 5 hold ratings, and 1 sell rating.
Will PLUG stock go up tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement....Munafa value: 40 as on 08 Fri Apr 2022.Downside target25.11Upside target27.49Upside target27.75Upside target28.46Upside target29.65 more rows
Is Plug Power undervalued?
The Verdict: At today's price, Plug stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.Nov 4, 2021
Why is Plug Power dropping so much?
What happened. Shares of fuel cell pioneer Plug Power ( PLUG -2.47% ) dropped Wednesday morning after the company conducted a business update webcast and made an accompanying Securities and Exchange Commission (SEC) filing that featured new projections for fiscal 2022 revenue -- and 2025 revenue as well.Jan 19, 2022
Will Plug Power ever be profitable?
However, PLUG's outlook appears positive as the company raised 2022's revenue guidance from $838 million to between $900 Million to $925 Million. West is now confident PLUG can become “meaningfully profitable” by 2025 and by 2030 expects revenues to increase above expectations.Nov 11, 2021
Will Plug Power be acquired?
9, 2021. The acquisition of Frames Group adds engineering, process, and systems integration expertise to Plug Power, enabling the company to scale the delivery of green hydrogen solutions.Dec 9, 2021
Is Plug Power making money?
Operating for more than two decades, Plug Power ( PLUG -3.66% ) has neither become profitable nor been able to generate positive cash flow from its operations.Mar 16, 2022
Is Plug Power a buy right now?
26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are current...
How has Plug Power's stock been impacted by COVID-19 (Coronavirus)?
Plug Power's stock was trading at $3.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organ...
When is Plug Power's next earnings date?
Plug Power is scheduled to release its next quarterly earnings announcement on Tuesday, June 28th 2022. View our earnings forecast for Plug Power .
How were Plug Power's earnings last quarter?
Plug Power Inc. (NASDAQ:PLUG) posted its quarterly earnings results on Tuesday, March, 1st. The electronics maker reported ($0.33) earnings per sha...
What guidance has Plug Power issued on next quarter's earnings?
Plug Power updated its FY 2022 earnings guidance on Tuesday, March, 15th. The company provided EPS guidance of for the period. The company issued r...
What price target have analysts set for PLUG?
26 analysts have issued twelve-month price objectives for Plug Power's shares. Their forecasts range from $21.00 to $65.00. On average, they antici...
Who are Plug Power's key executives?
Plug Power's management team includes the following people: Andrew J. Marsh , President, Chief Executive Officer & Director Keith C. Schmid , Ch...
What is Andy Marsh's approval rating as Plug Power's CEO?
27 employees have rated Plug Power CEO Andy Marsh on Glassdoor.com . Andy Marsh has an approval rating of 52% among Plug Power's employees. This p...
Who are some of Plug Power's key competitors?
Some companies that are related to Plug Power include Woodward (WWD) , Bloom Energy (BE) , Ballard Power Systems (BLDP) , GrafTech Internationa...
Other Plug Power company news
Plug Power stock technical analysis
Aside from its latest earnings report, other Plug Power news includes its announcement on 19 August that it had appointed four key general managers to work alongside CEO Andy Marsh, each leading individual business units. The company said these appointments will help it manage its vertically integrated business and accelerate growth.
Plug Power fundamental analysis
Plug Power stock (PLUG) posted three consecutive lower highs after reaching its June post-squeeze peak of $34.40 per share.
Plug Power (PLUG) stock forecast
Plug Power revenues grew from $82m in 2016 to $230m in 2019 at a compounded annual growth rate (CAGR) of 41%. However, the company had to recognise the negative impact of the accelerated vesting of remaining warrants, resulting in negative revenues of $94m during the full 2020 fiscal year.
Plug Power stock forecast for 2022–2027
Looking at both the price action and the company’s fundamentals, there seems to be enough evidence to support a bearish outlook for the stock, based on the company’s struggles to report positive top-line results along with the bearish momentum the price action is displaying.
Is plug power still leading the hydrogen revolution?
Will Plug Power stock go up? Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 7 February by Wallet Investor for 2022–2027 says the price could be around $33.37 in a year's time. It suggests the stock could reach $81.2 by the start of 2027.
Is plug power a success?
Plug Power Is Still Leading the Hydrogen Revolution. Ignoring interest noise for a second, Plug Power is still leading the multi-trillion-dollar Hydrogen Revolution. The world is pivoting toward clean energy. By 2050, we will live in a world powered end-to-end by renewable energies.
How much did Plug Power lose in 2019?
Plug Power has already and will continue to find great success in these expansion efforts. That’s because all these end-markets required core HFC technology, and Plug Power has the best core HFC technology in the world. To that end, Plug Power is morphing into the technological backbone of the entire Hydrogen Economy.
How much will plug be sold in 2024?
By way of comparison, the first nine months of 2019 have seen Plug grow its sales a respectable 15% to $132 million -- but losses actually increased to $74 million.
Does Plug sell stock?
So even if Plug succeeds in delivering its promised $1 billion in sales by 2024 ($750 million from material handling, and $200 million in on-road vehicles and $50 million in stationary power," according to CEO Andy Marsh), there's no guarantee that those sales will be profitable.
