Will Plug Power stock go up or fall?
The Plug Power stock price is 24.160 USD today. Will Plug Power stock price grow / rise / go up? Yes. The PLUG stock price can go up from 24.160 USD to 36.965 USD in one year. Is it profitable to invest in Plug Power stock? Yes. The long-term earning potential is + 53.00 % in one year. Will PLUG stock price fall / drop? No. See above .
What is the price of Plug Power Inc stock today?
The Plug Power Inc stock price is 32.23 USD today. How to buy Plug Power Inc stock online? Plug Power Inc Earnings Report: Per Share Plug Power Inc Earnings Q1 Q2 Q3 and Q4 last year and next year.
What is the upside for Plug Power's stock?
Their forecasts range from $27.00 to $75.00. On average, they anticipate Plug Power's stock price to reach $45.15 in the next twelve months. This suggests a possible upside of 83.2% from the stock's current price.
Is Plug Power Inc (Plug) stock a good long-term investment?
According to our live Forecast System, Plug Power Inc stock is an acceptable long-term (1-year) investment*. "PLUG" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis.
See more
Is PLUG a good stock to buy now?
The market is rallying for a second straight day and shares of hydrogen champion Plug Power (NASDAQ:PLUG) are enjoying an outsized lift. PLUG stock is up 9% compared the tech-heavy Nasdaq's gain of 3%....Plug Power Stock Is Finally Worth Buying.TickerCompanyCurrent PricePLUGPlug Power$17.10May 26, 2022
Will PLUG stock go up tomorrow?
Tomorrow's movement Prediction of Plug Power, Inc. PLUG as on 02 Jun 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened....Munafa value: 65 as on 02 Thu Jun 2022.Upside target19.49Upside target18.71Downside target18.28Downside target18.16Downside target17.715 more rows
Does PLUG stock have a future?
Plug Power reiterated its 2025 guidance of "$3 billion in revenue" and "20% EBITDA" margin at the company's business update conference call in late-January 2022. Investors are confident that PLUG can meet its 2025 goals as evidenced by the Wall Street analysts' consensus financial forecasts.
Is PLUG a Buy Sell or Hold?
Plug Power has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 14 buy ratings, 5 hold ratings, and 1 sell rating.
Should I buy or sell Plug Power stock right now?
20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are currently 1 sell...
What is Plug Power's stock price forecast for 2022?
20 equities research analysts have issued 12-month target prices for Plug Power's stock. Their forecasts range from $18.00 to $60.00. On average, t...
How has Plug Power's stock performed in 2022?
Plug Power's stock was trading at $28.23 on January 1st, 2022. Since then, PLUG stock has decreased by 43.5% and is now trading at $15.96. View th...
When is Plug Power's next earnings date?
Plug Power is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Plug Power .
How were Plug Power's earnings last quarter?
Plug Power Inc. (NASDAQ:PLUG) posted its earnings results on Monday, May, 9th. The electronics maker reported ($0.27) earnings per share for the qu...
What guidance has Plug Power issued on next quarter's earnings?
Plug Power issued an update on its FY 2025 earnings guidance on Monday, June, 6th. The company provided earnings per share guidance of for the peri...
Who are Plug Power's key executives?
Plug Power's management team includes the following people: Mr. Andrew J. Marsh , Pres, CEO & Director (Age 66, Pay $2.19M) ( LinkedIn Profile )...
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) , GrafTech International (EAF) , Ballard Power Systems...
Plug Power Inc Stock Forecast
Over the next 52 weeks, Plug Power Inc has on average historically risen by 182.7 % based on the past 22 years of stock performance.
Will Plug Power Inc Stock Go Up Next Year?
Over the next 52 weeks, Plug Power Inc has on average historically risen by 182.7% based on the past 22 years of stock performance.
Plug Power Inc Stock Price History
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and PLUG is experiencing selling pressure, which indicates risk of future bearish movement.
Stock Predictions
Is Plug Power Inc stock public? Yes, Plug Power Inc is a publicly traded company.
Is PLUG Stock A Buy As Investors Pump Breaks On Clean-Energy Stocks?
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG stock a buy now?
Is a Surprise Coming for Plug Power (PLUG) This Earnings Season?
Plug Power (PLUG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Plug Power (PLUG) to Report Q4 Earnings: What's in the Cards?
Plug Power's (PLUG) Q4 earnings are likely to have gained from the growing popularity of fuel-cell solutions. High costs and operating expenses, supply-chain issues and forex woes might have hurt.
Other Plug Power company news
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 stock technical analysis
Plug Power stock (PLUG) posted three consecutive lower highs after reaching its June post-squeeze peak of $34.40 per share.
Plug Power fundamental analysis
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 (PLUG) stock forecast
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.
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 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.
When will plug power open?
Plug Power is investing $84 million in the facility, which is to open in 2022. On March 30, 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 .
When did Plug go public?
PLUG stock went public in 2002. The company aims to produce more than half of its hydrogen energy from entirely renewable sources by 2024. It also aims to branch out from forklifts to heavy-duty vehicles to serve ports in the U.S. and Europe, as well as stationary fuel cells to power data centers and distribution hubs.
How much did plug power lose in 2020?
On May 14, Plug Power restated 2020 revenue, adding $7.2 million to bring it to negative $93.2 million. It reduced 2019 revenue by about $300,000 and 2018 revenue by about $400,000. In 2020 losses widened by 10 cents a share to $1.68, while 2019 per-share losses remained unchanged and 2018 losses widened by 3 cents a share.
Is Plug Power dependent on two customers?
McNally said Plug Power is effectively dependent on two customers , which makes the company's situation fragile. "In addition, Plug Power is not the only company in this space that has been able to raise capital, so we expect stronger competition in the years to come," he said.
How much did Plug Power lose in the second quarter?
Even after 20 years in operation, Plug Power continues to incur losses. In the second quarter, the company's loss stood at $8.6 million. Though Plug Power's revenue grew an impressive 23% over the same quarter last year, its costs increased too.
Does plug power reduce demand?
This can also potentially restrict the company's ability to spend on research and development and innovations. Finally, Plug Power also face s the risk of changes in governmental incentives to promote clean energy, which may ultimately reduce the demand for its products.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
More About Plug Power Inc
Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way.
After the panic come the bargain hunters
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
For the second day in a row, shares of fuel cell pioneer Plug Power ( NASDAQ:PLUG) are moving higher and recovering some of the losses suffered from Citron's short attack last week. After rising 4% on Tuesday, Plug tacked on more than 6% in early gains this morning.
So what
Why is Plug stock going back up -- and on a day when there appears to be no positive news about any company in the fuel cell world? I can only surmise that investors are beginning to realize that the short report that Citron put out on Plug stock last week, while damning, wasn't exactly original.
Now what
Granted, Citron also raised other objections to Plug, such as its prediction that the company will "miss 2020 revenue guidance by 40%." But Citron's almost alone in making that assertion. On average, analysts who follow Plug stock mainly agree that this year's revenues will be of the blockbuster variety -- up nearly 35% from last year.
