The business had revenue of 210.29 million for the quarter, compared to analysts expectations of 207.67 million. The electronics maker reported (0.35) EPS for the quarter, missing the consensus estimate of (0.27) by 0.08. Plug Power Price Target and Analyst Ratings 2023 (NASDAQ:PLUG) Most-Downgraded Stocks NASDAQ:PLUG Plug Power (PLUG) Price Target & Analyst Ratings 10.57 -0.25 (-2.31) (As of 04:00 PM ET) Compare Todays Range 10.28 11.05 50-Day Range 7.48 10.91 52-Week Range 7.39 31.56 Volume 30. It serves the North American and European material handling markets. Plug Power last released its earnings data on May 9th, 2023. Its products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen, Electrolyzers, Liquefaction Systems and Cryogenic Equipment. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers and production of hydrogen. Plug Power indicated at the companys Q3 2021 earnings call that its expected 925 million (upper end of guidance) revenue for 2022 will be comprised of 600 million from material handling. Plug Power Stock Forecast Over the next 52 weeks, Plug Power has on average historically risen by 41.2 based on the past 25 years of stock performance. The Company provide electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. With Mondays 12 boost, the stock has now conquered the 23. PLUG stock was able to find its footing near 18.30 twice over the past two months. is a provider of hydrogen fuel cell turnkey solutions. Plug Power Stock Forecast: 29.59 is clear target. Plug is in the midst of constructing America’s first green hydrogen production facility at the STAMP business park in Batavia.Plug Power Inc. On average, analysts rate Plug Power stock as a buy. The lowest target is 7.50 and the highest is 78. “When I look at it – hydrogen is going to be 20% of the world’s energy, and the Senator is really making sure New York leads in that effort,” says Andy Marsh, CEO of Plug Power. According to 21 stock analysts, the average 12-month stock price forecast for Plug Power stock is 22. Things have changed a bit since then, as the company has now added a range to its outlook. Estimated Average Forecasted Plug Power Price: 9.68 Positive intraday dynamics of the instrument is expected with 2.672 volatility is expected. “One advantage we have here in New York is, to make green hydrogen is you need clean power to power the factories that make the hydrogen, and we have plenty of good, cheap water and cheap power,” Senator Schumer says. Andrew Marsh, Plug Power CEO, joins 'TechCheck' to discuss Amazon's decision to buy green hydrogen from Plug Power, what it does for the. Last quarter, Plug Power projected revenue of 1.4 billion and a gross margin of. The Senator, along with a 7-state coalition, penned a letter to the Department of Energy Secretary Jennifer Granholm proposing $1.2 billion for clean hydrogen research and projects. Standing at the Plug Power site Monday afternoon, the Senator kicked off a full push for the Northeast region to become the nation’s first-ever clean hydrogen hub. “New York and the Northeast have all the right ingredients to be the nation’s first-ever clean hydrogen hub!” Senator Schumer says. This comes in the form of a multibillion-dollar competition under the Department of Energy. (WROC) - Senate Majority Leader Chuck Schumer was in the Rochester area Monday touting the region as the best suited to become the nation’s first-ever clean hydrogen-producing hub.
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