Date | Price Target | Rating | Analyst |
---|---|---|---|
4/5/2024 | $2.00 | Neutral → Sell | Citigroup |
2/6/2024 | $4.75 | Buy → Neutral | UBS |
2/6/2024 | $4.50 | Neutral | Redburn Atlantic |
2/6/2024 | Buy → Neutral | Seaport Research Partners | |
1/31/2024 | $4.50 → $9.00 | Neutral → Buy | ROTH MKM |
1/24/2024 | $3.50 → $2.50 | Market Perform → Underperform | BMO Capital Markets |
1/11/2024 | $4.50 | Positive → Neutral | Susquehanna |
12/19/2023 | $6.50 → $2.29 | Neutral → Underweight | Piper Sandler |
SLINGERLANDS, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is collaborating with Carreras Grupo Logístico to launch a complete green hydrogen ecosystem in Spain. The initiative will aim to establish, through a fuel cell technology advantages validation project, the first hydrogen-powered logistics site in Spain at Carreras Grupo Logístico's logistics center in Masquefa, Barcelona. Plug is working with Carreras to replace existing lead-acid battery-powered forklifts with hydrogen fuel cells to support decarbonization and efficiency improvements of Carreras Grupo Logístico's opera
SLINGERLANDS, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced that it will be featured as a presenting company at the Wolfe Research Utilities, Midstream & Clean Energy Conference 2024 in New York. Jose Luis Crespo, General Manager, Applications, is scheduled to participate in a panel on clean energy on Tuesday, October 1, 2024 at 8:50 - 9:40 AM EST. A webcast of the presentation will be available at https://wsw.com/webcast/wolfe11/plug/1959912 beginning at 8:50 AM EST on October 1, 2024 and will be posted on the Investor Resources section of the Company's website at http
SLINGERLANDS, N.Y., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced the establishment of an equipment leasing platform and is targeting over $150 million in the near to mid-term. This platform is intended to enable Plug to access capital by leveraging its equipment asset base and to provide equipment financing solutions to Plug's customers to support equipment sales growth. As a first step in this platform, Plug signed three separate sale and leaseback transactions equivalent to ~$44 million with GTL Leasing ("GTL"), a portfolio company of Antin Infrastructure Partners ("Anti
Citigroup downgraded Plug Power from Neutral to Sell and set a new price target of $2.00
UBS downgraded Plug Power from Buy to Neutral and set a new price target of $4.75
Redburn Atlantic initiated coverage of Plug Power with a rating of Neutral and set a new price target of $4.50
As the Q2 earnings season approaches, clean tech stocks like Enovix Corp (NASDAQ:ENVX) and ChargePoint Holdings Inc (NYSE:CHPT) are catching the spotlight, navigating a landscape fraught with both opportunities and challenges. According to JPMorgan analyst Bill Peterson, the sentiment among institutional investors is notably cautious, with “elevated short interest pervasive across our coverage universe.” This ambivalence is driven by concerns about company execution and balance sheets, keeping investors on the sidelines until clearer signals emerge. Clean Tech’s Recent Rally: A Temporary Surge? Despite the overall uncertainty, Clean Tech stocks have experienced a notable upswing ov
Plug Power Inc (NASDAQ:PLUG) shares are trading higher Monday, bouncing back slightly after falling nearly 14% on Friday. Here’s a look at what you need to know. What To Know: Plug Power shares closed Friday down 13.9% after the company announced a $200 million offering of common stock. Plug Power said it will offer and sell 78,740,157 shares of its common stock at a public price of $2.54 per share. The company also granted its underwriters a 30-day option to purchase up to an additional 11,811,023 shares. The offering is expected to close on or about July 22. Plug said it anticipates gross proceeds of approximately $200 million. The net proceeds from the offering are expected to
7 analysts have expressed a variety of opinions on Plug Power (NASDAQ:PLUG) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 3 0 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 2 2 0 Analysts have set 12-month price targets for Plug Power, revealing an average target of $5.2, a high estimate of $18.00, and a low estimate of $2.40. Experiencing a 10.96% decline, the current average i
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
SLINGERLANDS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced significant progress and strategic initiatives in the second quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its leadership position in the industry. Financial Highlights Q2 Financial Performance: Plug Power reported revenue of $143.4 million in Q2 2024, reflecting ongoing growth in its electrolyzer deployments and improved pricing on fuel and other product lines.Net Loss: The Company recorded a net loss of $262.3
LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG) (the "Company"), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024. First-Quarter Results Earnings-Per-Share (EPS) and Revenue: The Company reported revenue of $120.3 million and EPS loss of $0.46 for the quarter ended March 31, 2024.Enhanced Focus on Cash Management: Net cash used in operating activities and capital expenditures (includes purchases of property, plant, and equipment and purchases of equipment related to power purchase agreements and equipment related
LATHAM, N.Y., March 01, 2024 (GLOBE NEWSWIRE) -- Today, Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy announced its financial results and operational milestones for the quarter and fiscal year ended December 31, 2023. With a steadfast commitment to advancing the green hydrogen economy, the Company has achieved significant progress in revenue growth, operational efficiency, and strategic investments aimed at promoting global sustainability and energy independence. Commercial and Operational Highlights Operational Milestones:The successful commissioning and operational status of the Georgia hydrogen plant, which currently
8-K - PLUG POWER INC (0001093691) (Filer)
8-K - PLUG POWER INC (0001093691) (Filer)
8-K - PLUG POWER INC (0001093691) (Filer)
SC 13G/A - PLUG POWER INC (0001093691) (Subject)
SC 13G/A - PLUG POWER INC (0001093691) (Subject)
SC 13D/A - PLUG POWER INC (0001093691) (Subject)
SLINGERLANDS, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the appointment of Colin Angle, former CEO of iRobot, to its Board of Directors. Mr. Angle brings decades of extensive experience in technology innovation, robotics, and strategic leadership to Plug Power's Board. Mr. Angle is widely recognized for his pioneering work at iRobot, where he co-founded the company and led the development and commercialization of the Roomba robot vacuum, which revolutionized the home robotics market. Under his leadership, iRobot grew from a small MIT startup to a global publicly
LATHAM, N.Y., April 18, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced today the appointment of two new members to the company's board of directors: Jean Bua, Chief Financial Officer, executive Vice President and treasurer at NetScout Systems and Kavita Mahtani, Chief Financial Officer, Americas for HSBC, one of the largest banking and financial services organizations in the world. Both appointees will join Plug's audit committee, with Ms. Bua serving as the committee chair. "We are excited to welcome Jean and Kavita to our board of directors. They bring decades of leadership in key