Plug Power Stock News

Plug Power is still burning through cash. Its revenue isn't growing as fast as expected.

Plug Power continued to take steps to shore up its finances last month. The company also made some more progress on its strategic growth plan.

While hydrogen fuel-cell systems specialist Plug Power (NASDAQ: PLUG ) was a hot meme trade during the initial year of the Covid-19 crisis, PLUG stock has lost significant momentum since February 2021

Plug Power (NASDAQ: PLUG) stock price has stabilised this year as investors focus on the company's turnaround strategy and its balance sheet strategies. After bottoming at $2.24 in January, the stock

Plug Power has addressed its liquidity issues. That gives it the funding to continue working on capitalizing on the massive hydrogen opportunity.

Plug Power NASDAQ: PLUG shares shot up 10% following the Q4 release and FY update; however, it is not time to buy this stock in any other way than speculatively. The company turned a corner and says t

Plug Power stock has huge growth potential. Management believes sales could skyrocket to $30 billion by 2030.

Plug Power is a leading name among hydrogen stocks. An analyst at Truist hiked the price target to $4 from $3.

Plug Power's revenue growth slowed down in 2023, while losses continued to rise. The company, however, is not worried about its ability to continue as a going concern anymore.

Plug Power filed its 10-K for 2023 with the SEC yesterday and issued a curious "earnings report" this morning. Management admitted to missing sales and earnings estimates in 2023 as a whole, but it di

Plug Power's revenue grew by 27% in 2023 to $891 million, making it a record year for the company. Full-year revenue still missed analysts' expectations.

While the top- and bottom-line numbers for Plug Power (PLUG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics com

Plug Power (PLUG) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $0.38 per share a year ago.

Hydrogen supplier Plug Power (NASDAQ: PLUG ) stock fell over 9% overnight despite saying it no longer has a “going concern” problem. The company said it has “sufficient cash on hand coupled with

Plug Power reports a 2023 loss of $2.30 a share on revenue of $891.3 million.