Plug Power(PLUG)

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Stock Market Today: Nasdaq, S&P 500 Futures Rise As Government Enters 2nd Week Of Shutdown—Plug, Lithium Americas, UiPath In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-10-06 09:45
U.S. stock futures rose on Monday following Friday’s mixed moves. Futures of major benchmark indices were higher.The federal government shutdown will continue into this week after a Senate procedural vote failed again on Friday. The measure did not secure the 60 votes needed to advance, with only 54 senators voting in favor. Meanwhile, Bitcoin (CRYPTO: BTC) broke $125,000 per coin mark to set a new all-time high, with trading volume more than doubling in the last 24 hours to a whopping $76 billion. The 10-y ...
Prediction: Plug Power Stock Has 137% Upside in 2026, According to This Wall Street Analyst
The Motley Fool· 2025-10-05 23:14
Core Viewpoint - Plug Power's stock has seen a significant increase of over 250% since May, with a Wall Street analyst predicting an additional 137% upside in the next 12 months, citing an "inflection point" in its hydrogen fuel cell business [2][4]. Group 1: Analyst Insights - Eric Stine from Craig-Hallum reaffirmed a "buy" rating for Plug Power with a price target of $4 per share, one of the highest among analysts [4]. - Stine was impressed by Plug Power's recent investor meetings, noting the company's more aggressive pitch to analysts and investors, particularly in light of hydrogen's potential in the growing AI sector [5]. - Stine anticipates accelerated revenue growth for Plug Power through 2026, supported by streamlined operations and recent headcount reductions aimed at achieving positive gross margins by the end of 2025 and positive EBITDA margins by the end of 2026 [6]. Group 2: Financial Challenges - Despite the optimistic outlook, Plug Power faces significant challenges, including a net loss of $227 million last quarter, which accounted for nearly 10% of its market cap loss in just 90 days [9]. - The company has generated negative $600 million in cash flow from operations over the past year, leading to stock sales that dilute shareholder value [9]. - Concerns also arise from the technology used by Plug Power, which focuses on proton exchange membranes that may have higher material costs and lower efficiencies compared to other technologies like solid oxide electrolyzer cells [10]. Group 3: Market Sentiment - While Stine remains bullish, other analysts express bearish sentiments, predicting a potential downside of 30% to 50% for Plug Power shares over the next year [8]. - The ongoing innovation in hydrogen technologies raises questions about long-term adoption and profitability, with some analysts advocating for caution until Plug Power demonstrates increased demand at reasonable gross margins [11].
Where Will Plug Power Be in 25 Years?
Yahoo Finance· 2025-10-04 17:14
Key Points Plug Power faces an uncertain future. Three storylines will determine Plug Power's fate. 10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) held its IPO in 1999. At the time, investors were enthusiastic about the company's business model, which promised to usher in a new era of renewable energy using hydrogen fuel cells. Within months, shares zoomed higher from a split-adjusted $160 per share to more than $1,300 per share. The excitement did not last. The dot-com bubble ...
Plug Power (PLUG) Soars to All-Time High on Higher PT, Rating Upgrade
Yahoo Finance· 2025-10-04 14:32
We recently published 10 Stocks With Eye-Popping Double-Digit Gains. Plug Power Inc. (NASDAQ:PLUG) is one of the top performers on Friday. Shares of Plug Power soared to a new all-time high on Friday, as investors took path from a higher price target and rating upgrade from HC Wainwright. In a market note, the investment firm more than doubled its price target for Plug Power Inc. (NASDAQ:PLUG) to $7 from $3 previously, while giving the stock a “buy” recommendation, on the back of higher electricity price ...
H.C. Wainwright Lifts Plug Power Price Target To $7, Keeps Buy Rating
Financial Modeling Prep· 2025-10-03 18:40
Group 1 - H.C. Wainwright raised its price target on Plug Power to $7.00 from $3.00 while maintaining a Buy rating [1] - The increase in electricity costs and growing regulatory and market support for nuclear energy are driving the competitiveness of green hydrogen [1] - U.S. Energy Information Administration data shows that residential, commercial, and industrial power rates rose by 6.6%, 4.8%, and 5.1% respectively over the past year, with some regions experiencing double-digit increases [1] Group 2 - Higher energy prices and increasing demand for data centers are strengthening the economics of green hydrogen [2] - The U.S. government's nuclear power targets include 35 GW of new capacity by 2035 and 200 GW by 2050, which could support hydrogen adoption [2] - The potential of small modular reactors to enable cost-effective hydrogen production and electrolyzers to enhance grid stability was highlighted by analysts [2]
Why Plug Power Stock Popped 66% This Week to a 52-Week High
The Motley Fool· 2025-10-03 17:35
Core Viewpoint - Plug Power stock has experienced a significant surge, with a 66% increase this week, driven by the first deliveries of electrolyzers and a major analyst upgrade [1] Group 1: Analyst Upgrades and Stock Performance - H.C. Wainwright analyst Amit Dayal upgraded Plug Power's price target from $3 to $7 per share, indicating a nearly 150% upside potential based on the Thursday closing price of $2.83 [2] - The stock rose over 30% on Friday following the upgrade, reflecting strong market sentiment [2] Group 2: Market Conditions and Industry Support - The bullish outlook for Plug Power is supported by a 7% increase in electricity prices from June 2024 to June 2025, affecting over 40 states in the U.S. [3] - President Trump's initiatives to boost the domestic nuclear energy sector, including a multi-billion-dollar deal with the U.K. for nuclear reactor licensing, are expected to accelerate the transition to cleaner energy sources [4][5] Group 3: Company Developments and Future Prospects - Plug Power delivered its first 10-megawatt electrolyzer to Galp's Sines refinery in Portugal, part of a 100-MW deal, aiming to replace 20% of the grey hydrogen used at the site [6] - The company anticipates breaking even on a gross margin basis by Q4 2024 and expects to achieve operating-income positivity by the end of 2027 [7] Group 4: Historical Context and Caution - Despite its promising goals, Plug Power has a history of significant losses, including a net loss of $2.1 billion in 2024, raising concerns about its ability to deliver on expectations [7][8] - The recent stock rise has pushed its market capitalization to nearly $4.5 billion, prompting some analysts to adopt a cautious stance [8]
Why Did Ballard Power Systems Stock Just Pop?
Yahoo Finance· 2025-10-03 17:25
Key Points H.C. Wainwright doubled its price target on Plug stock today. Plug stock shot up -- and so did stock in its rival Ballard Power. Investors may not realize Wainwright actually prefers nuclear stocks over hydrogen stocks. 10 stocks we like better than Ballard Power Systems › Ballard Power Systems (NASDAQ: BLDP) stock soared 25.1% through 12:35 p.m. ET Friday after analysts at investment bank H.C. Wainwright raised their price target on Ballard rival Plug Power (NASDAQ: PLUG). Wainwright ...
Why FuelCell Energy Stock Just Popped
Yahoo Finance· 2025-10-03 17:02
Core Viewpoint - FuelCell Energy's stock surged 22% following an analyst upgrade of a rival company, Plug Power, despite no direct mention of FuelCell in the upgrade [1][2]. Group 1: Analyst Insights - H.C. Wainwright raised Plug Power's price target from $3 to $7 per share, citing increased demand for electricity produced by fuel cells due to rising electricity prices [2][4]. - The analyst noted a preference for nuclear power stocks over hydrogen stocks, which raises questions about the sustainability of the price increase for both Plug and FuelCell [4][7]. Group 2: Market Dynamics - Plug Power has a short interest of 31%, making it susceptible to a short squeeze, which could explain the stock price increase [5]. - In contrast, FuelCell has a lower short interest of only 7%, suggesting less market speculation driving its stock price [5]. Group 3: Financial Performance - FuelCell Energy remains unprofitable, with no expectations for profitability before 2030, leading to skepticism about its stock performance [6][7]. - Analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than FuelCell Energy [8].
Plug Power stock surges 37% on major hydrogen deal, hits 52-week high of $3.34 as analysts predict PLUG could reach $7 — is Plug Power a buy now?
The Economic Times· 2025-10-03 16:17
In 2025, Plug Power’s stock has surged over 134% in the past six months and more than 31% in the last year. The October 3 jump extends a significant year-to-date rally of about 65%.Today’s trading volume was elevated as investors reacted to the latest project and corporate updates. Plug Power’s shares have become a focal point for both growth-focused investors and short sellers, with short interest above 30%, indicating potential price pressure from bearish investors.Plug Power also reported record product ...
Plug Power Keeps Surging. What's Driving the Optimism.
Barrons· 2025-10-03 15:26
Plug Power stock has more than doubled in the past month. ...