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 ...

Plug Power (PLUG -5.81%) believes its focus on building a leading hydrogen network will lead to robust growth over the next few years. The company estimates it can grow its revenue from $1.2 billion last year to $20 billion by 2030, a 50% compound annual rate. However, its troubling financial picture could stunt its growth. Because of that, investors should forget about investing in Plug Power and consider Brookfield Renewable (BEPC -1.42%) (BEP -1.51%) and NextEra Energy (NEE -0.74%) instead. While they do ...

It hasn’t exactly been a compelling year for Plug Power (NASDAQ:PLUG), as shares of the green hydrogen company are down by nearly 20% year-to-date (YTD). This comes despite the resumption of liquid hydrogen production at Plug’s Tennessee facility and the start of hydrogen production at its new plant in Georgia. In total, the two plants have a daily liquid hydrogen production capacity of 25 tons.Last week, Plug also unveiled its new cost-cutting plan, which is expected to save $75 million per year. The plan ...

The deadline for institutional investors to file their quarterly 13F is officially over, meaning that the public now has the opportunity to view the positions of top investors as of Dec. 31.Saudi Arabia’s Public Investment Fund (PIF) is a popular investor to track, as its 13F portfolio includes 50 positions spread across $35.24 billion. Unfortunately for shareholders of Plug Power (NASDAQ:PLUG) stock, PIF sold off its entire stake of 5.67 million shares during the fourth quarter.PIF first bought shares of P ...

The latest trading session saw Plug Power (PLUG) ending at $4.23, denoting a +1.44% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.96%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 1.3%.The the stock of alternative energy company has risen by 37.17% in the past month, leading the Industrial Products sector's gain of 3.67% and the S&P 500's gain of 3.69%.The investment community will be closely monitoring the performance of Pl ...