As the world looks toward renewable fuel sources, Plug Power (PLUG -6.25%) aims to build on its hydrogen fuel cell technology and become a leader in the end-to-end hydrogen ecosystem.
Plug Power Inc. shares have been downgraded to sell from neutral by Seaport Research Partners, which also set its price target for the hydrogen-fuel-cell company at $1.
Analysts are expecting big things from Plug Power (PLUG -0.48%) in 2025. According to Wall Street consensus estimates, the hydrogen fuel specialist should boost sales by roughly 36% in 2025.
Charging out of the gate, Plug Power (PLUG -0.48%) stock has soared nearly 15% to start 2025. It's undeniably a welcome sight, considering the S&P 500 (SNPINDEX: ^GSPC) has inched 2% higher during the same time, and the stock's performance was far less encouraging in 2024.
Plug Power (PLUG -0.48%) stock has cratered since hitting its pandemic highs, but is this a time to buy the dip or abandon the stock? Travis Hoium explains why Plug Power stock may be in an even worse position in one year than it's in today.
Plug Power (PLUG -10.95%), a developer of hydrogen-powered residential systems, seemed like a promising green energy play when it went public in 1999. But its ambitious plan flopped because producing hydrogen is more expensive than producing oil or natural gas, and it was cheaper to expand existing electrical grids than to build new hydrogen infrastructure.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the latest big announcement from Plug Power (PLUG -10.95%) and how investors may do better by investing in proven winners Linde (LIN 0.81%) and Air Products and Chemicals (APD 1.84%) instead.
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