Plug Power Stock Has 25% Upside, According to 1 Wall Street Analyst

When Plug Power (PLUG -2.98%) reported earnings last week, investors got some mixed messages about the company: On the one hand, Plug missed sales and earnings estimates in 2023, losing $2.30 per share for the year (which is bad news). On the other hand, Plug cited plans to create and sell $1 billion worth of new stock, and to secure a new $1.6 billion loan from the Department of Energy, as giving it sufficient "liquidity" that there is "no longer substantial doubt of the Company's ability to continue as a ...