Plug Power(PLUG)

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Here's Why Plug Power (PLUG) Gained But Lagged the Market Today
ZACKS· 2024-11-05 23:51
In the latest trading session, Plug Power (PLUG) closed at $2.52, marking a +0.4% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.23%. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq added 1.43%.The alternative energy company's shares have seen an increase of 11.56% over the last month, surpassing the Industrial Products sector's loss of 0.89% and the S&P 500's loss of 0.54%.Analysts and investors alike will be keeping a close eye on the performance ...
Plug Power (PLUG) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
ZACKS· 2024-11-05 16:05
Plug Power (PLUG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...
Plug Power's $20 Billion Revenue Ambition Faces Obstacles, Analyst Says
Benzinga· 2024-11-05 13:31
Plug Power Inc PLUG has big dreams for a green hydrogen-powered future, but it might hit some potholes before reaching that destination. JPMorgan's Bill Peterson brings a cautiously balanced view, signaling that while Plug Power's ambitions shine bright, the near-term realities could dampen the sparkle for investors. As we speed toward the company's third-quarter earnings call on Nov. 12 and its annual Plug Symposium on Nov. 13, expectations are mixed, with both high hopes and real risks.Watch For Roadblock ...
Why Plug Power Stock Charged Higher Today
The Motley Fool· 2024-11-04 18:07
Investors think Plug Power's electrolyzers might have a growing new market.Plug Power (PLUG 17.70%) shares jumped today, and investors see a path for more gains to come. That's not because of any news directly from the hydrogen power company. Rather, it's what investors see as a potentially very lucrative new market for Plug Power.Shares were 19.9% higher as of 12:40 p.m. ET Monday after reports that the Federal Energy Regulatory Commission (FERC) rejected a request to increase the amount of power from a nu ...
Plug to Announce 2024 Third Quarter Results
GlobeNewswire News Room· 2024-11-04 13:36
SLINGERLANDS N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2024 third quarter results on Tuesday November 12, 2024. Join the call: Date: November 12, 2024Time: 8:30 AM ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1692922&tp_key=d012114e58 The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A ...
Energy Plug Technologies Corp. and EdgeTunePower Inc. Agree to Develop Canadian-Made Energy Management System
Newsfile· 2024-10-31 13:29
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") is pleased to announce an agreement with EdgeTunePower Inc. (EdgeTunePower) for the joint development of a fully Canadian-made Energy Management System ("EMS"). This collaboration represents a strategic move for Energy Plug, positioning the Company within the rapidly expanding energy management market.With the global energy management syste ...
Why the Market Dipped But Plug Power (PLUG) Gained Today
ZACKS· 2024-10-25 22:55
Plug Power (PLUG) ended the recent trading session at $2.15, demonstrating a +0.94% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%.Shares of the alternative energy company witnessed a gain of 3.4% over the previous month, beating the performance of the Industrial Products sector with its loss of 2.91% and the S&P 500's gain of 1.39%.Market participants wil ...
1 Reason I Haven't Bought Plug Power and Probably Never Will
The Motley Fool· 2024-10-24 08:15
The hydrogen company still hasn't matured.I think hydrogen has the potential to be a game-changing fuel source. It could help supply the global economy with the emissions-free fuel it needs to help reach net-zero emissions by 2050. The fuel represents a massive opportunity that could be worth trillions of dollars in the coming years. Given the immense potential of hydrogen, I've looked into various ways to invest in the emerging fuel source, including Plug Power (PLUG -6.31%). However, I haven't invested in ...
Plug Power Approaches All-Time Lows: A Buying Signal?
MarketBeat· 2024-10-15 13:26
Plug Power TodayPLUGPlug Power$2.06 -0.02 (-0.96%) 52-Week Range$1.60▼$7.90Price Target$5.01Add to WatchlistPlug Power Inc. NASDAQ: PLUG is a green energy company with its sights set on a hydrogen-powered future. Plug Power is generating investor interest for its ambitious endeavors to lead the charge toward a green hydrogen economy. Plug Power’s vision is a world powered by clean, abundant energy, with multiple sectors running on hydrogen harvested from renewable sources. However, the road to a hydrogen-fu ...
Should You Buy Plug Power Stock While It's Below $4?
The Motley Fool· 2024-10-14 11:57
Could this unloved green energy stock nearly double from these depressed levels?Plug Power (PLUG 7.61%) has lost about 99% of its value since its initial public offering in 1999. The hydrogen fuel cell maker was once considered a promising green energy play, but it ran out of juice as its growth cooled off and it racked up steep losses. The dot-com crash and some accounting problems from 2018 to 2020 exacerbated its decline.But with its stock trading at about $2, Plug Power's enterprise value of $2.6 billio ...