Plug Power Stock News

Plug Power's new deals, margin gains, and enhanced support fr m governments qwill boost PLUG stock in the long-term. The post Plug Power Stock Is a Great Pick for Long-Term Investors appeared first on

Plug Power (PLUG) closed at $23.44 in the latest trading session, marking a -1.97% move from the prior day.

For that matter, why has Plug Power stock been crashing all week long?

These stocks rose significantly in the past, but their recent fall isn't without reason.

Investors may be trying to get a jump on a company update coming next week.

Investors may be trying to get a jump on a company update coming next week.

Citi just cut its price target. Hurray?

Plug 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

Shares of FuelCell Energy Inc. sank 8.8% in afternoon trading Wednesday, to lead its fuel cell peers in losses, after a relatively tepid endorsement of the fuel cell company by KeyBanc Capital analyst Leo Mariani, who cited smaller revenue and less visibility on near-term growth compared with its peers. And while Mariani is positive on fuel cell industry for the long term, he believes it could take years before they become competitive relative to traditional energy sources. Mariani started coverage of FuelCell at sector weight, while initiating Plug Power Inc. at overweight and upgrading Bloom Energy Crop. to overweight from sector weight. He also initiated Ballard Power Systems Inc. at sector weight. "Fuel cells can''t compete today on economics with power generated by fossil fuels, but they will offer much cleaner and more reliable power vs. traditional grid sources," Mariani wrote in a note to clients. "We think fuel cells will become much more competitive later this decade as technological progress and much greater manufacturing scale drives unit costs lower, much like the world saw with progress on [electric vehicles] and solar and wind energy." Shares of Plug Power shed 5.0%, Bloom Energy dropped 6.4% and Ballard Power gave up 3.5%, while the S&P 500 slid 1.1%.

Investing in the fuel cell sector seems timely after falling 60% in 2021, KeyBanc analysts say in a generally glowing new analysis, but the top stocks in the group are posting broad

KeyBanc loves fuel cell stocks -- but investors aren''t convinced.

Plug 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 coverag

After a dramatic pullback, the fuel cell stock is now down roughly 15% over the last year of trading.

Plug Power (PLUG) closed the most recent trading day at $28.79, moving +1.98% from the previous trading session.