In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Bloom Energy (BE 2.40%), why its business results have been superior to those of Plug Power (PLUG 1.99%), and why it's the better hydrogen stock to buy.*Stock prices used were from the afternoon of March 20, 2024. The video was published on March 21, 2024. ...

Is Plug Power (NASDAQ:PLUG) setting up for a comeback? PLUG stock has shed about 24% so far in 2024, although there are hints of a recovery. It’s worth noting, however, that Plug Power is unprofitable. The company has generated an accumulated deficit of $4.5 billion since its inception.First, the going concern warning that the green hydrogen company disclosed during the third quarter has since been resolved. In January, Plug announced a $1 billion at-the-market (ATM) offering, which provided the company wit ...

Is hydrogen the energy source of the future? Plug Power (NASDAQ:PLUG) certainly thinks so. The 27-year-old company provides green hydrogen, fuel cell systems, and other related products for its customers. It has also signed deals with two of the most recognized companies in the world: Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT).At the same time, Plug has failed to turn a profit since its inception and has generated an accumulated deficit of $4.5 billion. In its third-quarter earnings, the hydrogen company i ...

This has been a volatile year so far for Plug Power (PLUG -0.45%) and its stock. The hydrogen production company and fuel cell maker soared in January after its CEO said it might not need to implement a previously announced $1 billion secondary stock sale.It also announced the start of production at two of its hydrogen facilities. Investors sent shares rocketing higher in the wake of those announcements. But Plug shares have lost a large portion of those gains. And as of Friday afternoon, they had dropped b ...

It’s a big day for Plug Power (NASDAQ:PLUG), as Senate Majority Leader Chuck Schumer announced that the U.S. Department of Energy (DOE) will provide $90.4 million in federal funding to three clean hydrogen companies as part of its Clean Hydrogen Manufacturing, Recycling and Electrolysis programs. This funding will help Plug increase its production of hydrogen and hydrogen equipment.Of the $90.4 million, Plug will receive $75.7 million for two projects. The other two companies are Ionomr Innovations and Ecol ...

Plug Power Inc. (NASDAQ:PLUG) J.P. Morgan 2024 Industrials Conference March 14, 2023 9:00 AM ET Company Participants Paul Middleton - Chief Financial Officer Conference Call Participants Bill Peterson - J.P. Morgan Bill Peterson Okay. Well, good morning. Welcome to the J.P. Morgan's Industrial Conference. And here on the last day I have a few companies stay [ph]. One is Plug Power, really a pioneer in green hydrogen. And we have Paul Middleton, who's the CFO. He's going to just say a couple of intro comment ...

Plug Power Inc. (NASDAQ:PLUG) J.P. Morgan 2024 Industrials Conference March 14, 2023 9:00 AM ET Company Participants Paul Middleton - Chief Financial Officer Conference Call Participants Bill Peterson - J.P. Morgan Bill Peterson Okay. Well, good morning. Welcome to the J.P. Morgan's Industrial Conference. And here on the last day I have a few companies stay [ph]. One is Plug Power, really a pioneer in green hydrogen. And we have Paul Middleton, who's the CFO. He's going to just say a couple of intro comment ...

Shares of Plug Power (NASDAQ:PLUG) stock are in the spotlight after the company released a Form 8-K detailing a note exchange. On March 12, Plug entered into privately negotiated exchange agreements with some owners of its 3.75% convertible senior notes due in 2025. In exchange for $138.81 million of the 2025 notes, Plug will provide the holders with $140.39 million of its new 7% convertible senior notes due in 2026. In the 8-K Plug stated:“The conversion rate for the New Notes will initially be 235.4049 sh ...

Plug Power (PLUG 3.08%) stock has been on a roller coaster. In 2020, shares suddenly zoomed, increasing 60 times in value. Over the next several years, however, the stock gave up nearly all of those gains.With a history of huge runs followed by steep losses, it is fair to ask: What will happen to Plug Power stock over the next five-year period?This is what management wants you to thinkPlug Power bills itself as a bet on clean energy. Globally, more than $1.7 trillion was invested in clean energy projects in ...

Plug Power (PLUG 3.08%) reported 2023 earnings  last week, and the news was not good.Missing both sales and earnings estimates, Plug reported a loss of $2.30 per share for the year -- 40% worse than expected. Investors initially sold off the stock on this news, but then there was good news.Citing plans to create and sell $1 billion-worth of new stock, and then secure a new $1.6 billion Department of Energy loan, Plug announced its "going concern" warning from last quarter had vanished and it now had all the ...