Operating for more than two decades, Plug Power ( PLUG -3.14% ) has neither become profitable nor been able to generate positive cash flow from its operations. But the fuel cell company has been growing its revenue at an accelerated rate in the last few years.
Similarly, Is PLUG a good long term investment?
Plug Power (NASDAQ:PLUG) is continuing to take steps that further extend its first-mover advantage in multiple aspects of the hydrogen ecosystem. Meanwhile, multiple governments are looking to implement new programs that will promote the use of hydrogen.
Who owns the most stock in Plug Power? Largest shareholders include Vanguard Group Inc, BlackRock Inc., Allianz Asset Management GmbH, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, State Street Corp, VIMSX – Vanguard Mid-Cap Index Fund Investor Shares, BNP Paribas Asset Management Holding S.A., Public Investment Fund, ICLN – iShares Global …
Thereof, Will Plug Power ever pay dividends?
PLUG POWER (NASDAQ: PLUG) does not pay a dividend.
Can a plug hit 100?
Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 3 March by Wallet Investor for 2022–2027 said the price could be around $36.6 in a year’s time. It suggested the stock could reach $82.7 by the start of 2027.
Will PLUG stock go up?
Will Plug Power stock go up? Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 21 March by Wallet Investor for 2022–2027 said the price could be around $34.3 in a year’s time.
Is Plug Power undervalued?
The Verdict: At today’s price, Plug stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.
Is Plug Power a good stock to buy right now?
Finally, according to the 12-analyst panel at Tipranks, the stock is a “Strong Buy.” The analysts set an average 12-month price target of nearly $42, representing 62% upside. Of the 12 analysts, nine rated the company a buy while three recommend it as a hold.
Who are Plug Power competitors?
Plug Power’s top competitors include Doosan Fuel Cell, Pajarito Powder, Ceres, ZeroAvia, Doosan Fuel Cell America, EnergyNova, Bloom Energy, Ballard Power Systems and Intelligent Energy.
Who are the investors in Plug Power?
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
| New York State | Yes | Post-IPO Debt – Plug Power |
| Hercules Capital | Yes | Post-IPO Debt – Plug Power |
| US Department of Energy | Yes | Grant – Plug Power |
| Air Liquide | Yes | Post-IPO Equity – Plug Power |
Who owns Fcel stock?
Top 10 Owners of Fuelcell Energy Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 10.00% | 36,667,184 |
| BlackRock Fund Advisors | 7.02% | 25,726,054 |
| SSgA Funds Management, Inc. | 2.41% | 8,830,637 |
| Geode Capital Management LLC | 1.76% | 6,457,697 |
Is NIO a dividend stock?
NIO (NYSE: NIO) does not pay a dividend.
What is the PE ratio of PLUG?
The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Plug Power PE ratio as of April 07, 2022 is 0.00. Please refer to the Stock Price Adjustment Guide for more information on our historical prices.
Is hydrogen the future?
Clean hydrogen is touted as the future fuel of the EU, promising to deliver an abundance of carbon-neutral energy by 2030. It will power long haul freight vehicles, airplanes, steel production and domestic heating, proponents say.
Why did FuelCell energy stock drop?
FuelCell Energy ( FCEL -1.41% ) stock sank 40.1% December, according to data from S&P Global Market Intelligence. The company’s share price slumped due to the spread of the omicron coronavirus variant, unfavorable macroeconomic developments, and disappointing quarterly results.
Why do plug stocks fall?
Shares of Plug Power ( PLUG -0.94% ) sank 29.2% in December, according to data from S&P Global Market Intelligence. Concerns related to the omicron coronavirus variant prompted sell-offs early in the month, and the hydrogen fuel cell specialist’s stock continued to fall as investors evaluated other risk factors.
Is plug a good stock to buy in 2021?
Heading into 2022, PLUG stock is expected to deliver higher revenue and narrower losses. Market consensus sees Plug Power’s top line expanding by +80% YoY from $499 million in fiscal 2021 to $899 million in FY 2022, according to sell-side financial estimates sourced from S&P Capital IQ.
What is the target price for plug?
Stock Price Targets
| High | $78.00 |
|---|---|
| Median | $38.00 |
| Low | $21.00 |
| Average | $40.48 |
| Current Price | $26.75 |
Who has invested in PLUG Power?
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
| US Department of Energy | Yes | Grant – Plug Power |
| Air Liquide | Yes | Post-IPO Equity – Plug Power |
| Silicon Valley Bank | Yes | Post-IPO Debt – Plug Power |
| NYSERDA | No | Grant – Plug Power |
Why has Plug Power stock dropped?
Shares of fuel cell pioneer Plug Power ( PLUG 0.00% ) dropped Wednesday morning after the company conducted a business update webcast and made an accompanying Securities and Exchange Commission (SEC) filing that featured new projections for fiscal 2022 revenue — and 2025 revenue as well.
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