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Is Plug Power's $700M Revenue Target for 2025 Within Reach?
ZACKS· 2025-12-30 03:06
Key Takeaways PLUG targets about $700M in 2025 revenues after posting $484.7M in the first nine months of the year.PLUG's electrolyzer revenues jumped 61% year over year in the first nine months of 2025.PLUG needs about $215M in Q4 as declining legacy product demand offsets electrolyzer growth.Plug Power Inc. (PLUG) has set an ambitious goal for 2025, aiming to generate approximately $700 million in revenues as demand for hydrogen-based solutions continues to grow. In the first nine months of 2025, the comp ...