Should I buy or sell Plug Power Inc (Plug)?
Apr 05, 2022 · Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. ... What is Plug Power Inc stock price? On 2022-04-05, Plug Power Inc (PLUG-Q) stock closed at a price of $30.44. Featured Portfolios The Daily Top Stock Picks Top 25 Experts Buzzing Stocks Panic-Proof Portfolio The Monthly Gems.
Is Plug Power stock still a buy at its 52-week high?
Jan 25, 2022 · Though it is not uncommon for high-growth stocks to trade at high P/S ratios, what is concerning about Plug Power is that it does not seem to have any clear path to achieve profitability. If you...
What was the last trading day for Plug Power?
Apr 03, 2022 · Their forecasts range from $21.00 to $60.00. 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.
Should you watch plug power (plug) stock?
9 hours ago · Shares of PLUG opened at $25.57 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 10.58 and a quick ratio of 9.94. Plug Power has a one year low of $17.51 and a one ...
Is PLUG stock a good buy right now?
PLUG stock has an EPS Rating of 43, as it is not yet profitable. It has an A+ Accumulation/Distribution Rating, indicating strong buying among institutional investors. Plug Power's SMR Rating of D indicates that it outperforms 20% to 40% of other stocks.Mar 22, 2022
Should I sell or hold PLUG stock?
There are currently 1 sell rating, 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Plug Power stock.
Will PLUG stock go back up?
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.Mar 21, 2022
What is the future of Plug Power stock?
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 stock overvalued?
The average analyst price target among the 24 analysts covering Plug is $42, suggesting about 4.1% upside from current levels. 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
Will Plug Power ever be profitable?
With no profits so far in its history of over two decades, Plug Power has relied on shareholders' funds for its operations. The company expects to generate gross margin of more than 30% by 2024. It would take at least some more years beyond 2024 for Plug Power to generate net profits.Aug 24, 2021
Why is Plug Power dropping so much?
What happened. Shares of fuel cell pioneer Plug Power ( PLUG -3.66% ) 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 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
What is Plug Power Inc stock symbol?
Plug Power Inc is a American stock, trading under the symbol PLUG-Q on the NASDAQ (undefined). It is usually referred to as NASDAQ:PLUG or PLUG-Q
Is Plug Power Inc a buy or a sell?
In the last year, 6 stock analysts published opinions about PLUG-Q. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the sto...
Is Plug Power Inc a good investment or a top pick?
Plug Power Inc was never recommended as a Top Pick on Stockchase. Read the latest stock expertsratings for Plug Power Inc.
Why is Plug Power Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should b...
Is Plug Power Inc worth watching?
6 stock analysts on Stockchase covered Plug Power Inc In the last year. It is a trending stock that is worth watching.
What is Plug Power Inc stock price?
On 2022-03-08, Plug Power Inc (PLUG-Q) stock closed at a price of $25.58.
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...
Is Plug Power a buy right now?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 2 sell ratings, 8 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Plug Power stock.#N#View analyst ratings for Plug Power or view top-rated stocks.
What stocks does MarketBeat like better than Plug Power?
Wall Street analysts have given Plug Power a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Plug Power wasn't one of them.
When is Plug Power's next earnings date?
Plug Power is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.#N#View our earnings forecast for Plug Power.
How were Plug Power's earnings last quarter?
Plug Power Inc. (NASDAQ:PLUG) issued its quarterly earnings data on Thursday, August, 5th. The electronics maker reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.11.#N#View Plug Power's earnings history.
How has Plug Power's stock price 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 Organization (WHO). Since then, PLUG stock has increased by 539.2% and is now trading at $24.16.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for PLUG?
25 equities research analysts have issued 1-year price targets for Plug Power's shares. Their forecasts range from $23.00 to $75.00. On average, they expect Plug Power's stock price to reach $38.98 in the next twelve months.
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 puts Andy Marsh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
Signals & Forecast
Mostly positive signals in the chart today. The Plug Power stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Plug Power finds support from accumulated volume at $26.41 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Plug Power stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
What is value scorecard?
The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher.
What is plug power?
is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.
Who is John Mackey?
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
Is Plug Power a new company?
The company has a long history of diluting shareholders, and the CEO cashed out stock options to the tune of $28 million earlier this year. Plug Power is also not a new company. It was founded in 1997 and surged during the dot-com bubble on hopes of the disruptive potential for hydrogen fuel cells before collapsing when that bubble burst.
Who is the CEO of Plug Power?
Plug Power CEO Andy Marsh told The Wall Street Journal, "It was an extraordinary payday for them.". It's unclear at what price it sold its shares. Amazon likely netted at least $1 billion in the deal, as Plug Power shares have been trading at around $25 for most of 2021.
How much hydrogen will be produced in 2030?
The International Energy Agency forecasts annual global production of 7.9 million tons of hydrogen in 2030, up from 2019's output of less than 400,000 tons. Given this backdrop, it's not surprising shares of fuel cell name Plug Power ( NASDAQ:PLUG) are up on the order of 700% for the past six months.
Who is James Brumley?
James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense. It's also an approach that respects this John Keynes reality: The ...
Is hydrogen fuel cell reliable?
They've proven to be a reliable source of backup power in some limited applications, but as costs continue to sink, they're coming into view as an off-grid alternative to utility-supplied electricity. In the meantime hydrogen fuel cells are under the hoods of more and more vehicles.
Is plug power profitable?
While Plug Power isn't yet profitable, analysts do expect a swing to a profit of $0.02 per share in 2023, and are modeling growth to profit of $0.25 per share in 2024. Even then, however, Plug Power shares are valued 265 times its probable profit four years down the road.
