Plug Power Inc. (PLUG)
Why Plug Power Stock Just Jumped 7%
Toyota and BMW have officially announced their partnership to produce a mass-market BMW fuel cell electric vehicle (FCEV). Plug Power produces hydrogen fuel that can be used in FCEVs.
Plug Power stock is risky, but a short squeeze can't be ruled out
Plug Power (PLUG) stock price is having another difficult year as concerns about its industry and balance sheet remain. It crashed to $1.7 on Monday, its lowest level since April 2017 and 97% below its all-time high.
Is Plug Power About to Turn the Corner?
Plug Power is trading at 60% of its net assets. That's because it's bleeding cash as it attempts to build out a hydrogen ecosystem.
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.
