Plug Power (NASDAQ: PLUG) stock price path to penny status accelerated this week as risk of collapse intensified. The shares plunged by more than 10% in the regular session on Wednesday and by another 14% in extended hours. It has retreated to a record low of $2.30, meaning that it has shed over 96% of its value since 2021.More dilution aheadCopy link to sectionOn Tuesday, I wrote a comprehensive report on Plug Power and warned that it was at an increased risk of more dilution as its cash burn accelerates. ...

Plug Power Inc. said Wednesday it could start to sell stock, and its shares were tumbling in late trading. The alternative-energy company has entered into an at-the-market issuance sales agreement with B. Riley Securities that will allow it to sell up to $1 billion in common stock, Plug Power PLUG, -10.03% said in an afternoon filing with the Securities and Exchange Commission. Shares of the company, which provides hydrogen fuel-cell technology, have collapsed over the past year, shedding more than 80% of t ...

It was another rough day for Plug Power (PLUG -10.03%) on Wednesday as the market turned south and investors sold off both higher-risk assets and energy stocks. Shares fell as much as 13.5% and were down 13.2% at 3:30 p.m. ET.Plug Power is unravelingPlug Power is down 84% in the past year, and there's no end in sight to the drop. Not only are losses piling up, cash is also dwindling and there's no anticipated bailout.This has become a downward spiral for Plug Power that may not stop. You can see in the char ...

Plug Power (NASDAQ:PLUG) stock has already plummeted by more than 30% in 2024, although shareholders will soon receive a much-needed update. On Tuesday, Jan. 23, the clean energy company will provide an annual business update through a conference call. The event will take place before the market open and will feature CEO Andy Marsh and Chief Financial Officer Paul Middleton. The pair will also answer questions.No further details were provided by the company about the update, leaving shareholders to wonder w ...

Plug Power (PLUG -10.30%) stock has been tumbling ever since it reported its third-quarter results in early November. A new announcement today has the stock dropping even further. Plug shares were trading near the day's low, down by 10.2% as of 12:40 p.m. ET.With today's drop, Plug Power stock has plummeted by nearly 50% in just the last two months.Is bad news on the way?In its third-quarter report, the company stated, "[W]e continue to incur losses and might never achieve or maintain profitability." It als ...

Plug Power (PLUG -2.91%) rode a hype wave during the pandemic, but recently the company has had to face financial reality. The cash-flow burn is unsustainable and the balance sheet is getting more stretched by the day.In this video, Travis Hoium shows why this is one stock you want to avoid today.*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 15, 2024. ...

公司运营表现 - Plug Power的股价在2023年下跌了63.6%，2024年至今又下跌了20%，使得这家氢能源公司的股价在过去12个月中下跌了惊人的78%[1] - 尽管Plug Power在2023年签署了几项交易，但其运营表现始终未能达到投资者的预期，导致公司陷入困境，股价进一步下跌[2] - Plug Power在2022年初宣布其2022年全年数据时，预计2023年将实现14亿美元的营收和10%的毛利率，而2024年则预计将实现21亿美元的销售额和25%的毛利率[3] - 到2023年前三个季度结束时，Plug Power仅实现了约6.69亿美元的营收，更令人担忧的是，Plug Power报告的这一时期的毛亏损达2.855亿美元，是前一年同期亏损的2.5倍。这使得Plug Power的毛利率在2023年远远为负，公司的营收很难突破10亿美元，更不用说达到其预期的14亿美元了[4] 资金状况和前景展望 - Plug Power在其向证券交易委员会提交的季度监管文件中表示，公司现有的现金和可供出售的股权证券将无法支持其未来12个月的运营，这引发了对公司继续作为持续经营实体的能力的重大怀疑[5] - 尽管Plug Power是氢燃料电池领域的领先者，但如果公司处于亏损状态且没有足够的资金来维持运营，那么其在2024年的复苏前景堪忧[6] - 公司在年度活动中重申了Plug Power计划在2027年实现约60亿美元的营收和32%的毛利率，并计划在2030年将这些数字增长到200亿美元和35%的毛利率，但这些目标在面临种种问题的情况下难以令投资者信服[7] 投资者展望和风险 - Plug Power可能仍有机会挽回局面，但这可能会以什么代价？如果公司继续发行债务和出售股票来维持业务运营和建设工厂，投资者不应期望股票能带来太多回报[8]

Shares of fuel cell maker Plug Power (PLUG -8.04%) tumbled 10% in early trading on the Nasdaq Thursday, before recovering to a (still sizable) 7.1% loss as of 1:05 p.m. ET, after a team of analysts at Susquehanna downgraded the stock from positive to neutral.Susquehanna also cut its price target on Plug stock in half, to just $4.50 per share.Better late than never?Reports on Susquehanna's reasons for the downgrade are a little confusing. The Fly, for example, quotes Susquehanna saying renewable energy stock ...

Plug Power Stock Slides as a Bull Gives Up for Now ...

Plug Power Inc.股票评级调降 - Plug Power Inc.的股票在周四早盘下跌1.2%，SIG Susquehanna将该股评级从积极调降至中性，并表示预计住宅替代能源部门最近的阻力将持续到年初，然后需求将有所增长[1] 美国住宅太阳能市场需求疲弱 - 美国住宅太阳能市场需求疲弱，主要是由于加利福尼亚州NEM（净能量计量）变化的复苏速度低于预期，以及南部州需求减弱[1] 预测2024年美国住宅安装下降 - Solar Energy Industries Association预计2024年美国住宅安装将下降12%，比之前的预测下降5%，原因是高利率、公用事业价格趋平以及净计量变化[1]