Plug Power (NASDAQ:PLUG - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Plug Power to post earnings of ($0.20) per share and revenue of $130.92 million for the quarter.
Plug Power Price Performance
PLUG traded down $0.01 during trading on Friday, reaching $0.84. The company's stock had a trading volume of 102,242,369 shares, compared to its average volume of 54,564,711. The firm has a fifty day simple moving average of $1.30 and a two-hundred day simple moving average of $1.87. The company has a market cap of $780.02 million, a price-to-earnings ratio of -0.39 and a beta of 2.19. The company has a quick ratio of 0.95, a current ratio of 2.08 and a debt-to-equity ratio of 0.15. Plug Power has a 1 year low of $0.76 and a 1 year high of $4.90.
Analyst Ratings Changes
Several research firms have recently weighed in on PLUG. Morgan Stanley dropped their price target on shares of Plug Power from $1.75 to $1.60 and set an "underweight" rating for the company in a research note on Thursday, March 6th. B. Riley reduced their price target on Plug Power from $4.00 to $3.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Truist Financial lowered their price objective on Plug Power from $2.00 to $1.50 and set a "hold" rating for the company in a research report on Wednesday, March 5th. StockNews.com upgraded shares of Plug Power to a "sell" rating in a research note on Tuesday, March 4th. Finally, BMO Capital Markets reduced their price objective on Plug Power from $1.60 to $1.40 and set an "underperform" rating for the company in a research note on Wednesday, March 5th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Plug Power currently has an average rating of "Hold" and a consensus target price of $2.29.
Check Out Our Latest Stock Analysis on Plug Power
Plug Power Company Profile
(
Get Free Report)
Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.
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