Plug Power Inc. shares were getting a big jolt Wednesday after an analyst turned bullish on the name in wake of a recent visit to the company’s new plant. That trip to Plug Power’s PLUG, +28.55% just-opened Georgia facility “gives us confidence the facility is ramping smoothly and all major technical issues are handled, addressing our prior concerns about backlog and margin visibility,” Roth MKM’s Craig Irwin wrote in a note to clients.He added that electrolyzers at the facility “were clearly operating well ...

Shares of hydrogen fuel cell company Plug Power (PLUG 22.52%) continued to soar again today. Over the past five trading days, the stock has jumped by more than 25%. There have been several catalysts for the recent surge in the stock. That includes today's jump of 17.8% as of 11:50 a.m. ET.Making green hydrogenPlug Power stock had plunged since it implied bankruptcy was a real possibility when it issued a "going concern" warning with its third-quarter report in November. But shares rebounded after Plug provi ...

Renewable and low-emission energy sources will likely play an essential role in controlling humankind's climate impact over the coming decades. Solar and wind have gotten much attention, but hydrogen could unlock renewables to displace even more fossil fuel use.Plug Power (PLUG 18.23%) is a leader in commercialized hydrogen fueling and strives to build a hydrogen energy business across North America and Europe. Success could mean life-changing investment returns from a stock worth just $2 billion today.How ...

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down Plug Power's (PLUG) annual business update, what we learned, and how investors should approach this very risky company right now.*Stock prices used were from the afternoon of Jan. 23, 2023. The video was published on Jan. 27, 2023. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Shares of Plug Power (PLUG 1.18%) skyrocketed this week, surging 34.3% at its highest point in trading, according to data provided by S&P Global Market Intelligence. Investors in the hydrogen fuel cell maker aren't accustomed to such a solid rally -- Plug Power stock, after all, has been in a free fall and is still down 79% in just one year, as of this writing. This week's rebound, also the biggest rally in three years, has left investors hopeful that this is the bottom for the hydrogen stock.Plug Power is ...

The latest trading session saw Plug Power (PLUG) ending at $3.41, denoting a -1.87% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.53% for the day. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq increased by 0.19%.The alternative energy company's stock has dropped by 26.22% in the past month, falling short of the Industrial Products sector's loss of 1.63% and the S&P 500's gain of 2.48%.Analysts and investors ...

Plug Power (NASDAQ:PLUG) stock is in the red today following several analyst price target changes, most of which were reductions. This includes Jefferies analyst Dushyant Ailani, who lowered his price target to $4 from $5 while maintaining a “hold” rating. Ailani’s previously set a price target of $12 back in August.On TipRanks, Ailani is ranked at 2,940 among 8,688 Wall Street analysts. He carries a success rate of 25% with an average one-year return of 12.50%.PLUG stock carries an average price target of ...

Plug Power (PLUG -6.59%) has gotten crushed in recent months due to liquidity concerns. The hydrogen stock has plunged nearly 80% over the past year as investors started fretting about how the money-losing company would fund its operations and bold expansion plans. Last fall, it issued a stark warning stating it was "projecting that its existing cash and available for sale and equity securities will not be sufficient to fund its operations through the next twelve months." However, Plug Power has since unvei ...

Although Plug Power Inc. shares soared 31% Tuesday after the alternative energy company announced a new funding arrangement, a BMO Capital Markets analyst isn’t convinced that better days are ahead. In fact, BMO’s Ameet Thakkar turned bearish on Plug Power’s stock PLUG, +0.56% Wednesday, writing that while the company revealed some “positives” on its business-update call a day before, he also sees an “increasingly arduous path” between “now and when and if” the company receives the money from the Depart ...