Last fall, Plug Power (PLUG 0.26%) issued a dire warning. The hydrogen company projected at that time that it didn't have enough liquidity to fund its operations through the next year. That caused investors to worry that it might not be able to continue as a going concern. However, those concerns are now in the rearview mirror. Plug Power has plugged the holes in its liquidity and how has the fuel to continue operating. Here's a look at whether that makes the hydrogen stock a buy.Shoring up its liquidityPlu ...

Key PointsPlug Power has resolved its going-concern issue, but there is still significant concern about the share price. Short-interest and a lack of profits are weighing on the stock and dilution is likely in 2024. The stock is melting up, but a ceiling is near, and a new low could come soon. 5 stocks we like better than Plug PowerPlug Power NASDAQ: PLUG shares shot up 10% following the Q4 release and FY update; however, it is not time to buy this stock in any other way than speculatively. The company turn ...

Plug Power (PLUG 10.20%) stock has been a roller coaster. In January, shares nearly doubled in value only to give up those gains by the end of the month. February brought much of the same, with the stock price recently surging 17% over a handful of days.Despite the volatility, shares remain well below their all-time highs. But if the company's management team succeeds with their vision, it's possible that Plug Power stock could rise in value by 1,000% or more.Is this beaten-down growth stock finally a buy?P ...

Exhibit 99.1 Plug Power Fourth Quarter 2023 Earnings March 1, 2024 Presenters Andy Marsh, CEO Paul Middleton, CFO Meryl Fritz, Marketing and Communications Manager Sanjay Shrestha, Chief Strategy Officer Q&A Participants James West – Evercore ISI Manav Gupta – UBS Craig Irwin – ROTH MKM Bill Peterson – J.P. Morgan George Gianarikas – Canaccord Genuity Skye Landon – Redburn Atlantic Eric Stine – Craig-Hallum Jordan Levy – Truist Securities Sherif Elmaghrabi – BTIG Amit Dayal – H.C. Wainwright Ameet Thakkar – ...

股价表现 - Plug Power股价在今年年初至上周交易结束时表现不佳，与标普500指数相比下跌了约18%[1] - 华尔街分析师Jordan Levy认为Plug Power股票将逆转下跌趋势并上涨，将目标价从3美元提高至4美元，预计股价可能会上涨约16%[2] 氢气生产 - Levy将股价目标的提高建立在投资者对公司氢气生产公告持续热情的基础上，Plug Power在一月底宣布在乔治亚州启动了液氢生产设施，这是公司发展强大氢气生产基础设施的重要一步，公司目标是2030年每日生产2500吨氢气[3] 财务状况 - Plug Power在公司报告2023年第四季度财务结果之前设定了4美元的目标价，尽管公司营收同比增长27%，但Plug Power报告了每股2.62美元的巨额亏损，较去年同期每股1.25美元的亏损更为严重[4] - 公司持续无法盈利和产生有机现金流是一个深刻的问题，直到Plug Power展示出盈利和营收增长的能力，最好还是观望这支股票[5]

公司财务状况 - Plug Power的收入在2023年增长了27%，但总收入未达到公司去年年底预期的12亿美元，净亏损也几乎翻了一番[3] - 公司表示已解决了持续经营问题，有足够的现金和流动性资金支持未来的运营，之前的担忧不再存在[4] - Plug Power与B. Riley Securities达成协议，出售价值超过10亿美元的股票，认为这些收益足以支持至少未来12个月的运营[5]

财务表现 - Plug Power公司在2023年的销售额为8.91亿美元，低于预期的9.03亿美元，亏损每股2.30美元，超出预期的1.62美元[2] - 公司在2023年年底只有约3.5亿美元现金，而流动负债接近9.65亿美元，每年现金流失约18亿美元，现金燃烧速度是201年的三倍[6] - 如果Plug Power不尽快改变现状，公司很可能会很快耗尽现金，对公司未来持续经营的能力缺乏信心[7] 公司发展 - Plug Power在2023年开设了乔治亚州的氢能工厂，扩大了燃料电池叉车的销售范围，但未透露Q4的具体表现和未来销售盈利预期[4] - 公司在财报中提到了一些积极的消息，如解决了之前在10-Q文件中披露的持续经营问题，但财报缺乏细节，仍存在现金流问题[5]

Plug Power (PLUG -1.70%) stock was having a banner week, at least through Thursday. The stock had soared by more than 20% heading into the company's fourth-quarter earnings report Friday morning. But shares plunged after the market got a look at that report.Still, as of late Friday morning, Plug Power stock was trading about 6% higher than where it started the week, according to data provided by S&P Global Market Intelligence. There was some good news in the company's earnings report, but investors still de ...

Plug Power (PLUG) reported $222.16 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.6%. EPS of -$1.07 for the same period compares to -$0.38 a year ago.The reported revenue represents a surprise of +9.67% over the Zacks Consensus Estimate of $202.57 million. With the consensus EPS estimate being -$0.56, the EPS surprise was -91.07%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...

Plug Power (PLUG) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -91.07%. A quarter ago, it was expected that this alternative energy company would post a loss of $0.32 per share when it actually produced a loss of $0.47, delivering a surprise of -46.88%.Over the last four quarters, the comp ...