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Plug Power Secures Contract With Major US Auto Firm: Here's What It Means For Investors
Friday, February 23, 2024 - 12:11pm | 696Plug Power Inc. (NASDAQ: PLUG), a leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions, recently finalized an agreement with a major U.S. automobile manufacturer (not named in the press release) to supply hydrogen infrastructure and fuel cell solutions, which will...
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Why Plug Power Shares Are Down Premarket Tuesday
Tuesday, May 9, 2023 - 8:06am | 222Shares of hydrogen fuel-cell energy company Plug Power, Inc. (NASDAQ:PLUG) were slipping in premarket trading. The Latham, New York-based company reported first-quarter revenue climbed 49% year-over-year to $210.33 million compared to the consensus estimate of $205.14 million. The company reported...
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Plug Power At Crossroads: Where Is The Stock Headed?
Friday, December 23, 2022 - 7:46am | 691Plug Power Inc. (NASDAQ: PLUG) shares have not been immune to the market-wide downturn, having pulled back about 56% year-to-date. What Happened:: Most sell-side analysts concur that the Latham, New York-based manufacturer of hydrogen fuel cell energy systems holds out much promise. 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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Palantir, Plug Power, Novavax, BioNTech, Lordstown: 5 Key Earnings To Watch Today
Monday, May 9, 2022 - 5:11am | 780The first-quarter reporting season is well and truly underway. Data from Factset show that about 87% of S&P 500 companies have reported their quarterly results, with 79% reporting positive earnings per share, or EPS, surplus, and 74% ringing in revenue upside. The magnitude of...
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If You Invested $1,000 In Plug Power Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now
Tuesday, April 26, 2022 - 6:01pm | 474Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Plug's Big Run: One company that has been a roller coaster...
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JPMorgan Cuts Plug Power Price Target By $10 Despite Strong Execution
Wednesday, January 26, 2022 - 12:18pm | 260Although Plug Power Inc.’s (NASDAQ: PLUG) stock came under pressure following the Business Update call, the company seems to be “executing well across its business lines,” according to JPMorgan. The Plug Power Analyst: Bill Peterson maintained an Overweight rating for Plug Power...
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What This Plug Power Analyst Expects From Hydrogen Fuel Cell Company's Jan. 19 Update
Tuesday, January 18, 2022 - 12:43pm | 292Plug Power Inc. (NASDAQ: PLUG), a hydrogen fuel-cell energy play, had an eventful 2021. An analyst at KeyBanc Capital Markets is optimistic about the company's financial performance in the December quarter. The Plug Power Analyst: Analyst Leo Mariani has an Overweight rating and a $40 price...
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Why This Analyst Is Bullish On Plug Power
Wednesday, January 5, 2022 - 4:10pm | 586Plug Power, Inc., a 3Hydrogen fuel-cell energy company, has been making strides with its execution on all fronts. The Plug Power Analyst: KeyBanc Capital Markets analyst Leo Mariani initiated coverage of Plug Power shares with an Overweight rating and $40 price target, suggesting more than...
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Shell Shifts Sustainable Fuels Focus To Aviation Sector
Friday, September 24, 2021 - 10:35am | 953Royal Dutch Shell (NYSE: RDS-A) is building on its sustainable transition goals with an ambition to produce 2 million metric tons of sustainable aviation fuel (SAF) per year by 2025. "Currently, sustainable aviation fuel accounts for less than 0.1% of the world's use of aviation fuel. We want to...
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California Regulators Predict 100 Hydrogen Fueling Stations By 2023
Tuesday, September 21, 2021 - 10:47am | 1069California is leading the way on hydrogen fueling stations in the U.S. The state is expected to have the capacity to fuel 250,000 fuel cell electric vehicles (FCEVs) at 1,764 open-retail hydrogen fueling stations by 2026, according to a recent California Air Resources Board (CARB) report. The...
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This Clean Energy Stock Has Better 1-Year Returns Than Tesla, Nio, Apple And Plug Power
Monday, September 20, 2021 - 6:01am | 651FuelCell Energy Inc (NASDAQ: FCEL), a stock that was listed in the early 1990s and peaked at the $5,000 mark two decades ago only to come down to trade in single-digit levels, has still fetched handsome returns over the past one year. The Danbury, Connecticut-based company's stock has in the...
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Nikola Licenses Bosch Fuel Cells For Module Assembly In Arizona
Thursday, September 2, 2021 - 12:46pm | 780Nikola Corp. is going all-in on hydrogen fuel cells with Bosch Group, licensing the German supplier's technology to assemble modules for Class 7 and Class 8 heavy-duty electric trucks at its new plant in the Arizona desert. The agreements cast doubt on the last vestige of a memorandum of...
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Report: Batteries Usually More Feasible, Environmentally Beneficial Than Green Hydrogen
Tuesday, August 31, 2021 - 10:42am | 1222There's a lot of talk about using hydrogen as a fuel to decarbonize the transportation industry. The hydrogen aircraft market could be worth $174 billion by 2040, according to Gediminas Žiemelis, chairman of the board of Avia Solutions Group. But, currently 99.8% of hydrogen that's produced is...
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ACT Expo: Exclusive First Ride In Hyzon Hydrogen-Powered Fuel Cell Truck
Monday, August 30, 2021 - 10:32am | 1790CARSON, Calif. — Is this thing running? The fuel cell powertrain in the Hyzon Motors Class 8 Freightliner 2022 Cascadia-based demonstration truck is so quiet that a windows-down ride on Interstate 405 in Southern California allowed shouting-free conversation. Oh, and the truck emits no pollution...