Plug Power Inc. Stock News

Plug Power and Nikola could be good longshot plays in this nascent market.

Plug Power stock slumped after Trump's election win, signaling a tougher environment for green economy stocks due to potential policy changes. Analysts predict modest Q3 revenue growth for Plug Power, but the company has a history of missing estimates and remains unprofitable. Despite a significant drop in valuation, Plug Power's track record of losses, cash burn, and shareholder dilution makes...

A dip in renewable energy stocks on the back of Donald Trump winning the SU presidential is a buying opportunity for investors. That is the suggestion from Nigel Green, CEO of financial advisor deVere Group.

Several solar stocks including First Solar (FSLR) and Enphase Energy (ENPH) slumped in early trading Wednesday after the presidential election was called in favor of former President Donald Trump.

Green energy stocks are selling off post-election. Is this a buying opportunity?

Steep revenue drop in H1 2024 and high cash burn from operations fuel the current pessimism around this stock. The stock trades near historic lows with a high short interest of 27.8%. New partnerships and a shift to leasing could stabilize cash flow and improve revenue in the second half of 2024. However, I don't expect a major improvement in profitability.

Plug Power (PLUG) stock price went parabolic on Monday, soaring by over 20% and reaching its highest level since July 18. It has now soared by over 55% from its lowest level this year as traders continued to focus on the US election.

Investors think Plug Power's electrolyzers might have a growing new market.