What Is Plug Power's Future? Analysts Warn Of Cash Crunch And Slow Hydrogen Market Growth

Analysts revised the price target or estimates on Plug Power, Inc. PLUG after the company reported weak third-quarter results and provided FY25 guidance.On Wednesday, Plug provided its financial outlook for 2025, projecting revenue between $850 million and$950 million (street view: $1.185 billion). Looking further ahead, the company aims for a target revenue of approximately$3.75 billion by 2030.Also this week, Plug Power reported third-quarter revenue of $173.73 million, which missed the consensus of$21 ...