Plug Power's $20 Billion Revenue Ambition Faces Obstacles, Analyst Says
Plug Power(PLUG) Benzinga·2024-11-05 13:31
Plug Power Inc PLUG has big dreams for a green hydrogen-powered future, but it might hit some potholes before reaching that destination. JPMorgan's Bill Peterson brings a cautiously balanced view, signaling that while Plug Power's ambitions shine bright, the near-term realities could dampen the sparkle for investors. As we speed toward the company's third-quarter earnings call on Nov. 12 and its annual Plug Symposium on Nov. 13, expectations are mixed, with both high hopes and real risks.Watch For Roadblock ...