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Plug Power Misses Q2 Revenues, Analysts Focus On Electrolyzer Deployments: 'The Bar Was Set Low'
Friday, August 9, 2024 - 11:40am | 474Shares of Plug Power Inc (NASDAQ:PLUG) tanked in early trading on Friday, after the company reported a revenue miss for the second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. HC Wainwright analyst Amit Dayal maintained a Buy rating and price...
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Canoo Analyst Remains Bullish While Investors Punish The Stock On Disappointing Outlook
Tuesday, April 2, 2024 - 12:09pm | 334Canoo Inc (NASDAQ: GOEV) shares were tanking in early trading on Tuesday after the company issued weak 2024 revenue guidance. In early March, the company had announced a 1-for-23 reverse stock split. The company was following a “prudent” approach to scale its manufacturing while...
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Plug Power To Get A Big Boost From Inflation Reduction Act And $40B+ Microsoft Opportunity, Say Bullish Analysts
Wednesday, August 10, 2022 - 1:55pm | 565Analysts are sizing up the second quarter financial results from Plug Power Inc (NASDAQ: PLUG) and the opportunity the company could have from the Inflation Reduction Act and a production tax credit. The Plug Power Analysts: BMO analyst Ameet Thakkar has a Market Perform rating and raises the...
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Why These Analysts Are Bullish On Plug Power Post-Earnings
Tuesday, May 10, 2022 - 1:22pm | 318Plug Power Inc (NASDAQ: PLUG) reported a larger-than-expected first-quarter GAAP loss even as revenues nearly doubled to $140.8 million. KeyBanc Capital Markets On Plug Power: Analyst Leo Mariani maintained an Overweight rating and a price target of $40 for the company. Analyst Mariani said in the...
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Is Plug Power Justified In Sacrificing Near-Term Margin For Long-Term Outperformance?
Wednesday, March 2, 2022 - 11:53am | 694Plug Power, Inc. (NASDAQ: PLUG) shares are higher after the hydrogen fuel cell energy company reported fourth-quarter results. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating on Plug Power shares and reduced the price target from $39 to $33....
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Why Plug Power Analysts See A Margin Improvement Story With Outsized Growth Prospects
Wednesday, November 10, 2021 - 12:01pm | 657Plug Power Inc. (NASDAQ: PLUG) reported mixed quarterly results Tuesday. Here's what the Street had to say. The Plug Power Analysts: Morgan Stanley analyst Stephen Byrd maintained an Overweight rating and $43 price target on Plug Power shares. H.C. Wainwright analyst Amit Dayal...
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Why Plug Power Analysts Are Bullish After Hydrogen Green Energy Company's Investor Day
Friday, October 15, 2021 - 4:22pm | 552Plug Power Inc. (NASDAQ: PLUG) announced an acquisition, partnerships, products and updated guidance at its 2021 Plug Symposium. Here's what the Street had to say. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating on Plug Power and...
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Why Plug Power's Lead In Fuel Cell, Hydrogen Space Could Create 'Outsized Winner'
Wednesday, January 13, 2021 - 12:05pm | 408Plug Power Inc (NASDAQ: PLUG) shares are primed for further gains, according to H.C. Wainwright, which issued a new Street-high price target for the fuel cell manufacturer. The Plug Power Analyst: Analyst Amit Dayal maintained a Buy rating on Plug Power and increased the price target from $60...
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Analyst: Biofuel Company Gevo Could More Than Quadruple Revenue By 2025
Friday, September 7, 2018 - 3:34pm | 427Advanced biofuels company Gevo, Inc. (NASDAQ: GEVO) notched an upgrade from H.C. Wainwright Friday that was driven by material company developments and strong growth projections. The Analyst Analyst Amit Dayal upgraded Gevo from Neutral to Buy with a price target of $10. The Thesis Gevo' recent...
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Rodman & Renshaw Gives Gevo $12 Price Target, Reflects On Progress
Friday, January 13, 2017 - 9:18am | 322On January 5, Gevo, Inc. (NASDAQ: GEVO) completed its previously announced 1-for-20 stock split needed to maintain the common stock listing on the NASDAQ Capital Markets exchange. Rodman & Renshaw’s Amit Dayal maintains a Buy rating on the company, while raising the price target from $4...
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Rodman & Renshaw Initiates Orion Energy At Buy, Attaches $2.50 Target
Monday, July 18, 2016 - 4:04pm | 557Rodman & Renshaw has started coverage of Orion Energy Systems, Inc. (NASDAQ: OESX) with a Buy rating and price target of $2.50, which implies an upside of 108 percent over Friday's close. Recent Performance Orion Energy makes energy efficient lighting systems, with a primary focus of expanding...
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Rodman & Renshaw: Allow For Lower Margin Customer Attrition In Just Energy Group
Monday, May 23, 2016 - 11:57am | 343Rodman & Renshaw maintains its Buy rating on Just Energy Group Inc (NYSE: JE), saying that the stock is "undervalued" as the company is poised to benefit from its "strategy of allowing lower margin customer attrition." Why Buy? During the year ended March 31, 2016, the company lost about 166,...
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Rodman & Renshaw Is Buying MagneGas, Likes Its Foray Into Alternative Green Gas
Wednesday, April 13, 2016 - 7:58am | 314MagneGas Corporation (NASDAQ: MNGA) manufactures an innovative metal-cutting gas, which has applications in the metal working, co-combustion and waste sterilization markets. Rodman & Renshaw’s Amit Dayal initiated coverage of the company with a Buy rating and a price target of $3. The...
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Streetsweeper Goes Negative On Second Sight, Says These Risks Are 'Eye-Opening'
Wednesday, February 24, 2016 - 2:51pm | 382Shares of Second Sight Medical Products Inc (NASDAQ: EYES) surged higher on Monday after the company's medical technology was featured in a preview in an upcoming Vice documentary. However, shares tumbled on Wednesday after the company received some negative press in the form of a...
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American Superconductor Is A Diversified Wind, Grid Tech Play
Wednesday, January 13, 2016 - 9:27am | 293The share price of American Superconductor Corporation (NASDAQ: AMSC) have appreciated 25.76 percent over the past month, from $4.09 on December 15. Rodman & Renshaw’s Amit Dayal has initiated coverage of the company with a Buy rating and price target of $10. Dayal believes that...