Plug Power Inc. (PLUG)
Plug Power Down 19.2% in a Month: What Should Investors Do?
While the recent dip in PLUG stock may seem like an attractive entry point, risks associated with the company's hydrogen equipment unit, negative margins and cash outflows suggest that caution is warranted.
Is Plug Power's Stock a Buy Now That Its Price Has Slipped Below $2?
Plug Power has struggled to grow despite having lots of growth potential. The company is losing a lot of money.
Plug Power: Poor Results But Upgrading On Margin Progress - Hold
Plug Power reported another set of disappointing quarterly results, with revenues missing consensus expectations by a mile again. Sales were down by 45% on a year-over-year basis, with the company's core fuel cell systems and hydrogen infrastructure business taking a particularly large hit. Plug Power used more than $400 million in cash for the quarter, thus resulting in the requirement to dilute common shareholders even further.
Wall Street Got It Wrong About Plug Power. Here's Why.
Wall Street has consistently whiffed on expectations for Plug Power stock. Right now, the average price target suggests 130% in potential upside.
Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Plug Power (PLUG). This makes it worthwhile to examine what the stock has in store.
Should You Buy Plug Power While It's Below $2.50?
Plug Power is a pioneer in the hydrogen fuel cell industry. The stock is highly volatile, and shareholders have been diluted significantly over the last decade.
Plug Power Stock: Buy, Sell, or Hold?
Plug Power has struggled to scale up its hydrogen business. High costs and macroheadwinds are throttling its growth.
Plug Power's Strategy Looks Poised To Bear Fruit
Plug Power's strategy of profiting from the strong demand for green hydrogen is likely to succeed in the long term. The firm should eventually generate positive gross margins from its fuel sales while also benefiting from the rapidly rising sales of its electrolyzers which are used to manufacture green hydrogen. Plug is building new green hydrogen plants which will allow it to meet the rising demand for the fuel.
Plug Power's Enormous Cash Problem
Plug Power continues to lose money, and that's become a bigger problem as the stock falls.
Plug Power's Problems Persist. Should Investors Throw in the Towel on the Stock?
Plug Power continues to put up negative gross margins. Meanwhile, its equipment sales have also fallen off a cliff.
Plug Power posts disappointing Q2 earnings as stock prices tumble: Is now the time to buy?
Plug Power's revenue has nearly halved and its stock price has reached new lows. Does that mean its a buy opportunity or a signal to stay away from the stock?
Plug Power Inc. (PLUG) Q2 2024 Earnings Call Transcript
Plug Power Inc. (NASDAQ:PLUG ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Meryl Fritz - Manager, Marketing and Communications Andrew Marsh - President and Chief Executive Officer Paul Middleton - Chief Financial Officer Sanjay Shrestha - General Manager, Energy Solutions and Chief Strategy Officer Dean Fullerton - Chief Operating Officer Conference Call Participants James West - Evercore ISI Colin Rusch - Oppenheimer Craig Irwin - Roth Capital Partners Manav Gupta - UBS Bill Peterson - JPMorgan Dushyant Ailani - Jefferies Sherif Elmaghrabi - BTIG Chris Senyek - Wolfe Research Skye Landon - Redburn Atlantic Operator Hello and welcome to the Plug Power Second Quarter 2024 Earnings Call and Webcast. At this time, all participants are in listen-only mode.
