Plug Power Inc. (PLUG) is scheduled to release fourth-quarter 2023 financial numbers on Mar 1, before market open.The company has a bleak earnings surprise history, having missed the Zacks Consensus Estimate in each of the preceding four quarters. The negative earnings surprise was 36.9%, on average.Let’s see how things have shaped up for Plug Power this earnings season.Factors to NotePlug Power’s fourth-quarter results are expected to benefit from the acquisitions of Applied Cryo Technologies and Frames Gr ...

Plug Power (PLUG 2.62%) stock kicked off Thursday on a high note, surging 13.7% in early-morning trading. An analyst upgrade just ahead of earnings is fueling investor interest in the hydrogen stock.All eyes on Plug Power's earningsTruist analyst Jordan Levy raised Plug Power stock's price target by 33% to $4 per share yesterday, just a couple of days ahead of the company's earnings. Plug Power will announce its fourth-quarter numbers on March 1. Levy may have upgraded the stock's price target, but that doe ...

Investors are always looking for stocks that are poised to beat at earnings season and Plug Power Inc. (PLUG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Plug Power is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good in ...

Plug Power (NASDAQ:PLUG) stock is in full focus after Truist Securities analyst Jordan Levy raised his price target to $4 from $3 while maintaining a “hold” rating.Levy acknowledges that PLUG stock has increased by almost 30% since the company announced on Jan. 23 that its plant in Woodbine, Georgia had begun operations. The plant is the largest liquid green hydrogen plant in the U.S. with the capacity to produce 15 tons of liquid electrolytic hydrogen per day. On that day, Plug Power also announced that it ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission file number: 1-34392 Plug Power Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 22-3672377 (State or Other Jurisdiction ( ...

In its upcoming report, Plug Power (PLUG) is predicted by Wall Street analysts to post quarterly loss of $0.57 per share, reflecting a decline of 50% compared to the same period last year. Revenues are forecasted to be $202.08 million, representing a year-over-year decrease of 8.5%.Over the last 30 days, there has been a downward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial fore ...

In the latest market close, Plug Power (PLUG) reached $3.04, with a +1% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.38%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.13%.The alternative energy company's shares have seen a decrease of 11.47% over the last month, not keeping up with the Industrial Products sector's gain of 6.21% and the S&P 500's gain of 4.74%.The investment community will be closely mon ...

The market expects Plug Power (PLUG) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Plug Power (PLUG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this alternative energy company have returned -2%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Manufacturing - Electronics industry, which Plug Power falls in, has gained 11.3%. The key question now is: What could be the stock's future direct ...

It has truly been a turbulent start to the year for Plug Power (NASDAQ:PLUG). Indeed, the hydrogen fuel cell company has spent the past week on a downward spiral. However, PLUG stock still remains solidly in the green for the past one month.Part of this volatility is due to the fact that Saudi Arabia’s Public Investment Fund (PIF) recently cashed out of its entire PLUG stock stake — a position of 5.67 million shares. Now, Plug Power is set to report fourth-quarter 2023 earnings on March 1. This report could ...