Plug Power Stock News

Geopolitical risk factors are weighing on the hydrogen fuel-cell specialist's valuation.

Plug Power (PLUG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

The energy sector is one of the few places where investors have found safety so far in 2022. While future energy stocks Plug Power Inc (NASDAQ: PLUG ) and Enphase Energy Inc (NASDAQ: ENPH ) are both down 16% year-to-date, shares of legacy oil and gas major Exxon Mobil Corp (NYSE: XOM ) are up 28.6% so far in 2022. The outperformance of energy stocks has been driven in large part by soaring crude oil and commodity prices. At the same time, a rotation out of the tech sector has weighed on growth stocks like Full story available on Benzinga.com

FuelCell Energy, Inc (NASDAQ:FCEL) and Plug Power,

Strong earnings from Bloom Energy set the ball in motion, but there are other factors at play this week.

Ballard Power Systems, Inc (NASDAQ: BLDP ) and Plug Power, Inc (NASDAQ: PLUG ) have declined massively over the past year with Ballard trading down about 76% off its Feb. 9 all-time high of $42.28 and Plug Power plummeting about 68% from its all-time high of $75.49, which the stock reached on Jan. 26. The two fuel cell-focused companies have begun to show some strength recently, however, especially when compared to the general markets that have been volatile and indecisive lately. On Jan. 28, both Ballard and Plug Power printed signs the bottom is in for the stocks, although Plug Power looks slightly stronger over the long-term because it has confirmed a trend change to the upside. It should be noted that events affecting the general markets, negative or positive reactions to earnings prints and news headlines about a stock can quickly invalidate patterns and breakouts. As the saying goes, "the trend is your friend until it isn''t" and any trader in a position should have a clear stop set in place and manage their risk versus reward.

Strong earnings from Bloom Energy set the ball in motion, but there are other factors at play this week.

Plug Power Inc (NASDAQ: PLUG ) has signed a collaboration agreement with Atlas Copco Mafi-Trench Company LLC, the turboexpander technology center within the Gas and Process division of Atlas Copco (OTC: ATLCY ), and Fives, to jointly develop hydrogen liquefaction plants. Under the agreement, Plug Power will design, … Full story available on Benzinga.com

Plug doubles down on its hydrogen production bet.

Plug Power (PLUG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Plug Power Inc (NASDAQ: PLUG) has signed a collaboration agreement with Atlas Copco Mafi-Trench Company LLC, the turboexpander technology center within the Gas and Process division of Atlas Copco�

Plug Power (PLUG) said it has purchased Joule Processing, a process solution and engineered equipment provider, and announces a collaboration agreement with Atlas Copco (ATLKY) and Fives…

Aims to Drive Performance and Cost Improvements through Optimized Turnkey Integration and Standardization of Hydrogen Liquefaction Plants, Expanding Opportunities for Liquid Hydrogen throughout the World Aims to Drive Performance and Cost Improvements through Optimized Turnkey Integration and Standardization of Hydrogen Liquefaction Plants, Expanding Opportunities for Liquid Hydrogen throughout the World

That rally may not last very long.

That rally may not last very long.