Why Plug Power shares are rising?
Jan 19, 2022 · Shares of fuel cell pioneer Plug Power ( PLUG 6.92% ) dropped Wednesday morning after the company conducted a business update webcast and made an accompanying Securities and Exchange Commission...
Should you buy plug stock?
Apr 13, 2021 · So many new producers of hydrogen may give rise to "overexpansion of manufacturing and hydrogen supply," diminishing Plug's pricing power and postponing profitability. And there's even a risk of...
Where will plug power be in 5 years?
Jul 07, 2021 · What happened Shares of hydrogen fuel cell maker Plug Power ( PLUG 12.03% ) are under pressure today, and it may be because of a newly announced liquid hydrogen fuel cell collaboration. As of 11:50...
What happened to plug power?
Dec 29, 2021 · What happened Shareholders of green hydrogen and fuel cell company Plug Power (NASDAQ: PLUG) have had a rough past month with the stock dropping more than 30%. Shares lost another 4% this morning ...
Is Plug stock a good buy 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
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
Why is Plug Power trading so low?
The tech sell-off continued in early trading today, and alternative energy stocks were no exception. Hydrogen fuel technology company Plug Power ( PLUG 5.59% ) initially dropped more than the overall Nasdaq Composite Index, losing more than 6%. That may have been due to some press on the hydrogen fuel industry.Dec 6, 2021
What is the problem with plug stock?
Key Points. Plug Power is losing investor confidence rapidly. A big problem is the company's astoundingly bad financial performance. There's a lot of potential growth ahead, but a company that's never proven it can make money may not be the best bet in energy today.Oct 12, 2021
Is PLUG a good stock to buy 2021?
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
What is the future of PLUG?
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
Is Plug Power 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
Is Plug a buy or sell stock?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Is plug a buy 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.
Is PLUG profitable?
It did not turn a profit in the third quarter of 2021 and instead reported a $106 million loss. Plug Power is expected to release its 2021 final earnings in March. But Marsh ensured investors that “the work we did in 2021 has positioned us for a strong 2022.”Jan 19, 2022
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Installation. The current cost of each hand-made 100 kW Bloom Energy Server is $700,000–800,000.
More details on Morgan Stanley's "downgrade" emerge
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
Hydrogen fuel cell stock Plug Power ( NASDAQ:PLUG) dropped another 5.6% in early trading on the Nasdaq Stock Market Tuesday, and is still down 3.8% as of 10:30 a.m. EDT.
So what
According to a copy of Morgan Stanley's note, via TipRanks, in addition to the factors we already mentioned (worries that Plug stock has only "modest stock price upside" at its current valuation), we now know that Morgan Stanley has other concerns about Plug stock as well.
Now what
And that's not all. While Morgan Stanley listed several "risks" to Plug's business, the scenario it lays out for how Plug will overcome these risks is arguably of even greater concern.
A collaboration to develop a liquid hydrogen fuel cell-powered truck will be competition for Plug Power
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
What happened
Shares of hydrogen fuel cell maker Plug Power ( NASDAQ:PLUG) are under pressure today, and it may be because of a newly announced liquid hydrogen fuel cell collaboration. As of 11:50 a.m. EDT, Plug Power shares were down 6.2%.
So what
In early June Plug Power and French automaker Renault ( OTC:RNSDF) announced a new joint venture (JV) focused on creating hydrogen fuel cell-powered light commercial vehicles (LCV) and associated infrastructure in Europe.
Now what
Plug Power's business in transportation to date has been focused on material handling equipment such as forklift trucks. The JV with Renault seeks to broaden its role in growing a hydrogen economy.
What happened
Shareholders of green hydrogen and fuel cell company Plug Power (NASDAQ: PLUG) have had a rough past month with the stock dropping more than 30%. Shares lost another 4% this morning, after a peer announced a disappointing quarterly financial report. But as of 11:20 a.m. ET, Plug Power stock had recovered to a small gain of 1%.
So what
Fellow clean energy technology company FuelCell Energy released its fiscal fourth-quarter 2021 report this morning, and it missed expectations on both the top and bottom lines.
Now what
The initial move of Plug stock based on FuelCell's report looks to simply be a knee-jerk reaction. When Plug Power reported its third-quarter results last month, it said that its quarterly revenue jumped 34% year over year. It also raised revenue guidance for 2022 as it enacts its growth strategy through acquisitions and joint ventures.
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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.
What happened
This week hasn't been a fun week to own shares of renewable energy company Plug Power ( PLUG -4.67% ) stock, which has declined for three straight sessions now, including today's 4.4% drop (as of 11:30 a.m. ET). But why is Plug stock falling at all?
NASDAQ: PLUG
Three days ago -- right about the time that Plug Power stock started falling -- the city of Montpellier dropped a bombshell on the world's fuel cell stocks. As Electrek reports, the French city canceled an order (from an unnamed supplier) for 50 new hydrogen fuel-cell buses.
Now what
Now why is this significant to Plug Power? It's not as if Plug was hoping to sell buses to Montpellier, after all. (If it were, you can be certain Plug would have issued a press release to announce it.)
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