Core Viewpoint - The demand for energy is increasing, and Bloom Energy is currently a more attractive investment compared to Plug Power, which has struggled financially and has not yet turned a profit [1][4]. Company Overview: Plug Power - Plug Power has been a pioneer in the clean hydrogen economy, focusing on fuel cells, electrolyzers, and hydrogen infrastructure aimed at decarbonizing industries like transportation and logistics [1]. - Despite being in operation for over 25 years, Plug Power has never reported an annual profit, with a reported loss of over $2.1 billion on revenue of $676 million in the past 12 months [2][6]. - The company is facing challenges in developing the hydrogen market due to high costs of storage and transport, which have hindered market adoption [5]. - Plug Power has initiated Project Quantum Leap to reduce costs and focus on profitable business lines, aiming for a break-even gross margin by the end of the year and positive EBITDA by the second half of next year [8]. Company Overview: Bloom Energy - Bloom Energy offers solid-oxide fuel cell power systems for on-site electricity generation, which can quickly meet the growing energy demands of data centers and industrial businesses [10]. - The company has secured significant financing arrangements, including a $5 billion deal with Brookfield Asset Management and a power deal with Oracle, showcasing its rapid deployment capabilities [12]. - Analysts project Bloom will generate $1.9 billion in sales this year and $2.46 billion next year, with expected improvements in earnings per share from -$0.14 this year to $0.64 next year [13]. Market Context - U.S. electricity demand is anticipated to grow at a rate of 2.5% annually over the next decade, significantly outpacing the growth rate of the past decade, creating a favorable environment for companies like Bloom Energy [17]. - Bloom Energy's fuel cells are positioned as a crucial solution to meet the increasing demand for on-site power, providing a strong growth opportunity for the company [18].

Plug Power has done significant damage to the value of its stock over the years.At its peak, Plug Power (PLUG 2.84%) had a market capitalization exceeding $35 billion. Today, the pioneering hydrogen company is worth less than $3 billion. Meanwhile, its stock price is down 99.9% from its peak, currently trading at around $2 per share. While Plug Power believes its best days still lie ahead, here's why the hydrogen stock might be yesterday's news. The Plug Power of tomorrowPlug Power is a firm believer that h ...

Core Insights - Plug Power and ChargePoint are identified as potential tenbaggers, with significant growth opportunities in their respective markets [2][3] Plug Power - Plug Power specializes in hydrogen fuel cells, charging systems, electrolyzers, and storage systems, generating substantial revenue from sales to Amazon and Walmart for hydrogen-powered forklifts [5] - In 2024, Plug Power faced a slowdown due to macroeconomic challenges, but revenue rebounded in 2025, driven by increased electrolyzer sales [6] - Analysts project Plug Power's revenue to grow at a CAGR of 18% from 2024 to 2027, with a potential market cap increase from $3.1 billion to $44.7 billion by 2035 if it achieves a CAGR of 20% and trades at ten times sales [7][8] ChargePoint - ChargePoint operates approximately 375,000 EV charging ports, including over 39,000 DC fast chargers, and provides access to around 1.35 million charging ports through partnerships [9][10] - The company experienced a slowdown in fiscal 2025 due to higher interest rates affecting EV sales, but is expected to grow revenue at a CAGR of 10% from fiscal 2025 to fiscal 2028 as the EV market stabilizes [12] - If ChargePoint meets analysts' expectations, its market cap could increase from $190 million to $5.4 billion over the next decade, representing a significant potential gain for investors [13]

Core Viewpoint - Plug Power, a hydrogen technology developer, has significant upside potential despite its current low stock price of approximately $2, following a historical peak of $1,498 in 2000 [1][2]. Company Overview - Plug Power went public in 1999 at a reverse-split-adjusted price of $150 and reached a high of $1,498 in early 2000, but has since struggled, currently trading around $2 [1][2]. - The company initially aimed to disrupt traditional power companies with hydrogen charging systems for homes, but this plan failed due to high costs and low demand [2]. - Over the last two decades, Plug Power shifted focus to hydrogen fuel cells, charging systems, electrolyzers, and storage systems, deploying 72,000 fuel cell systems and 275 fueling systems globally [4]. Financial Performance - In the past 12 months, Plug Power's stock declined by about 10% due to a cyclical slowdown, but it is believed to be undervalued with potential for significant gains [5]. - The company reported revenues of $701 million in 2022, with a projected decline to $629 million in 2024, followed by a recovery to $702 million in 2025, reflecting an 11% growth [10][12]. - Analysts expect revenue to grow at a CAGR of 22% from 2025 to 2027, reaching $1.04 billion, while net losses are projected to narrow significantly [12]. Market Dynamics - The global green hydrogen market is expected to grow at a CAGR of 38.5% from 2025 to 2030, driven by decarbonization initiatives [13]. - The U.S. market, which accounted for over two-thirds of Plug Power's revenue in 2024, may lag behind Europe and Asia due to potential policy changes affecting government spending on hydrogen projects [13]. Challenges and Opportunities - Plug Power faces challenges such as cash burn, with only $166 million in unrestricted cash and $1.6 billion in total liabilities, necessitating ongoing fundraising efforts [15]. - If the company can overcome these challenges and achieve a revenue CAGR of 20% over the next eight years, its market cap could increase from $3.1 billion to $44.7 billion [16]. - Support from major investors like Amazon and Walmart, along with its early mover advantage, positions Plug Power favorably for potential growth in the hydrogen market [17].

Core Viewpoint - Plug Power's stock has experienced a significant decline, dropping 25.3% in November, despite being up over 120% in the past six months, raising questions about whether it is a buying opportunity or a reason to stay cautious [1]. Company Performance - Plug Power has been a leader in the green hydrogen sector, with a growing contract book and over 72,000 fuel-cell stationary power systems deployed in the last two decades [3]. - The company's revenue increased by only 2% year over year in Q3, and its gross loss widened by 20% to $120 million, highlighting ongoing profitability challenges [4]. - Plug Power has suspended its expansion program for green hydrogen production, which was dependent on a $1.66 billion loan from the Department of Energy that has been paused under the current administration [6]. Market Sentiment - Despite recent setbacks, there was optimism surrounding Plug Power's future, with analysts like H.C. Wainwright's Amit Dayal raising the price target from $3 to $7 per share in October [7]. - The upcoming arrival of a new CEO in March 2026 is seen as a potential turning point, but the effectiveness of the leadership transition remains uncertain [8].

Core Insights - The $2.8 million contract with NASA is not just a financial boost but represents a significant validation of Plug Power's hydrogen technology and production capabilities [1][4][16] - The contract involves supplying up to 218,000 kilograms of liquid hydrogen to NASA, highlighting the company's ability to meet stringent purity and reliability standards [2][6] Financial and Operational Developments - Plug Power has faced challenges with cash burn and delayed profitability, but the NASA contract signals a shift towards validated execution and operational reliability [3][4][10] - The company has recently completed a $431.25 million convertible note offering, netting approximately $399 million in cash, which will be used to retire high-cost debt and improve financial flexibility [12][13] Market Position and Future Outlook - The partnership with NASA serves as a critical endorsement, potentially changing the narrative around hydrogen technology and its scalability [3][5][7] - Plug Power is transitioning from a construction-focused model to a delivery-oriented approach, emphasizing sales and operational efficiency [10][15] - The company is also seeking to increase authorized shares to ensure strategic flexibility for future growth opportunities [14]

Core Insights - Plug Power has secured its first contract with NASA, marking a significant milestone for the company in the hydrogen solutions sector [1][2] - The contract, valued at up to $2.8 million, allows Plug Power to supply up to 480,000 pounds of liquid hydrogen to NASA's facilities [1][2] - This partnership could lead to further opportunities, as NASA consumes over 37 million pounds of liquid hydrogen annually [3] Company Developments - The NASA contract demonstrates Plug Power's capability to meet stringent standards for purity and reliability in critical operations [2][4] - Plug Power aims to expand its presence in the aerospace sector, moving beyond its traditional material handling business [4] - The company is positioning itself as a key player in the growing hydrogen economy, with applications in aerospace, industrial operations, and next-generation energy systems [4] Operational Performance - Plug Power reported $177 million in revenue for the third quarter, showing balanced growth across its hydrogen business segments [7] - The electrolyzer segment generated $65 million in revenue, reflecting a 13% year-over-year increase [7] - The company's operational cash burn improved by over 50%, attributed to pricing discipline and effective working capital management [7] Market Position - Plug Power has a market capitalization of $2.64 billion, despite being down over 50% from its 52-week high [5] - The company develops hydrogen fuel cell systems and infrastructure for various applications, including material handling and backup power [5][6] - Plug Power's integrated services facilitate the transition from fossil fuels to clean hydrogen across multiple industries [6]

MISSISSAUGA, Ontario, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (TSXV: NXH, OTC: NXHSF) ("Next Hydrogen" or the "Company"), announces that it has changed its auditor from KPMG LLP ("Former Auditor") to MNP LLP ("Successor Auditor"). The Former Auditor resigned at the request of the Company effective November 30, 2025, and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective December 1, 2025, until the next Annual General Meeting of the ...

Core Insights - Plug Power is a popular stock due to its low price and focus on the hydrogen market, which is expected to yield significant future gains for investors [1] Industry Potential - Plug Power is a leader in hydrogen solutions, with the electrolyzer market projected to grow from approximately $1.8 billion this year to as much as $78 billion by 2030 [2] - The electric materials handling equipment market is already valued at over $14.4 billion and is experiencing growth [2] - The company is exploring opportunities in the data center sector to provide auxiliary and backup power solutions, enhancing its market capture potential [3] Financial Profile - Plug Power reported a net loss of $363.4 million in Q3 on revenues of $177.1 million, indicating significant cash burn despite a lower actual cash burn rate of $90 million [6] - The company ended the quarter with only $166 million in unrestricted cash, limiting its operational flexibility [6] - To improve its financial situation, Plug Power launched Project Quantum Leap and raised $399 million in new debt to refinance existing obligations and bolster liquidity [7] Future Outlook - Plug Power aims to achieve positive EBITDA by the end of next year, positive operating income by the end of 2027, and overall profitability by the end of 2028 [8] - Despite its growth potential, the company remains a high-risk investment due to its past financial struggles and the need for additional capital to fund expansion [9]

Accessibility StatementSkip Navigation DELRAY BEACH, Fla., Nov. 28, 2025 /PRNewswire/ -- According to MarketsandMarketsâ"¢, the global Electrolyzers Market size is projected to grow from USD 2.08 billion in 2025 to USD 14.48 billion by 2031 at a compound annual growth rate (CAGR) of 38.2% during the forecast period. Browse 220 market data Tables and 55 Figures spread through 200 Pages and in-depth TOC on "Electrolyzers Market - Global Forecast to 2031" Based on technology, the Electrolyzers Market is segme ...