Plug Power (PLUG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this alternative energy company have returned -19.7% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Manufacturing - Electronics industry, to which Plug Power belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?Whi ...

From the depths of despair, the most epic rallies can emerge. Or at least, that’s the going theory for Plug Power’s (NASDAQ:PLUG) brave, steadfast investors in 2024. There are no guarantees whatsoever, but Plug Power stock could stage a comeback in the coming months, as the company has already been through the wringer and is still standing.Granted, there’s a big difference between just surviving and actually thriving. Can Plug Power actually bridge that gap? Anything’s possible on Wall Street, so risk-toler ...

Plug Power (NASDAQ:PLUG) stock is leading the green hydrogen revolution. It has established itself as the only one-stop shop for obtaining fuel cells, electrolyzers and green hydrogen fuel. The problem is, creating the entire infrastructure from top to bottom is expensive. Unfortunately, Plug Power has a long history of being unable to do so profitably.The company continuously burns through cash forcing it to tap the equity markets and heavily dilute shareholders. PLUG stock burned through $1.9 billion in c ...

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 ...