Stock Price Forecast
The 25 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 38.00, with a high estimate of 78.00 and a low estimate of 21.00. The median estimate represents a +42.11% increase from the last price of 26.74.
Similarly, Will plug stock go up?
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.
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.
Thereof, Will PLUG ever recover?
As we can see from the chart above, analysts are expecting Plug Power to recover from the pandemic by 2022 and drive almost a billion in USD growth by 2024.
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 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.
Will plug stock go up tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement .
…
Munafa value: 40 as on 08 Fri Apr 2022.
| Downside target | 25.11 |
|---|---|
| Upside target | 27.49 |
| Upside target | 27.75 |
| Upside target | 28.46 |
| Upside target | 29.6 |
Will plug ever recover?
As we can see from the chart above, analysts are expecting Plug Power to recover from the pandemic by 2022 and drive almost a billion in USD growth by 2024.
Why is Plug Power dropping so much?
Shares of fuel cell pioneer Plug Power ( PLUG 3.20% ) 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.
What will PLUG stock be worth in 5 years?
According to Wallet Investor’s Plug Power stock expectations, five years from now the stock could possibly surge to $93 a share based on an analysis of its current trend.
Will Plug Power ever be profitable?
However, PLUG’s outlook appears positive as the company raised 2022’s revenue guidance from $838 million to between $900 Million to $925 Million. West is now confident PLUG can become “meaningfully profitable” by 2025 and by 2030 expects revenues to increase above expectations.
Is PLUG profitable?
LATHAM – Plug Power (Nasdaq: PLUG) said it ended 2021 recording its highest quarterly revenue ever. The green hydrogen producer reported fourth-quarter revenue of roughly $162 million, according to the Securities Exchange Commission (SEC) Tuesday. However, its investors have yet to see a profit come from that.
Is plug profitable?
LATHAM – Plug Power (Nasdaq: PLUG) said it ended 2021 recording its highest quarterly revenue ever. The green hydrogen producer reported fourth-quarter revenue of roughly $162 million, according to the Securities Exchange Commission (SEC) Tuesday. However, its investors have yet to see a profit come from that.
Why is Plug Power not profitable?
A tough road ahead. So far, Plug Power has been selling fuel cells largely for use in forklifts. The company’s inability to do so profitably even after so many years likely indicate that the buyers are not willing to pay more for fuel cells than alternative options available to them.
Why has Plug Power 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.
Why you should buy Plug Power?
Plug Power has been building hydrogen fuel cells for more than two decades. Irrespective of profitability, the company has a rich expertise in fuel cell technology. It has deployed more than 50,000 fuel cell systems, which it believes are more than any other company in the world.
What is the price target for NIO?
Stock Price Targets
| High | $552.16 |
|---|---|
| Median | $210.08 |
| Low | $153.62 |
| Average | $245.37 |
| Current Price | $19.46 |
What is the target price of PLUG?
Stock Price Targets
| High | $78.00 |
|---|---|
| Median | $38.00 |
| Low | $21.00 |
| Average | $40.48 |
| Current Price | $27.32 |
What is Nvda target price?
The shares of NVIDIA Corporation (NASDAQ: NVDA) have received a $280 price target from New Street.
Is Plug Power a long term stock?
Plug Power (NASDAQ:PLUG) has been languishing on the low end of the market for a few months, but the price of PLUG stock is suddenly surging once again. Hydrogen fuel cells can save a lot of energy in an increasingly sustainable world.
Why does Plug Power keep dropping?
Shares of fuel cell pioneer Plug Power ( PLUG -4.76% ) 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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