Why These Analysts Are Bullish On Plug Power Post-Earnings
Plug Power Inc NASDAQ:PLUG reported a larger-than-expected first-quarter GAAP loss even as revenues nearly doubled to
KeyBanc Capital Markets On Plug Power: Analyst
Analyst Mariani said in the note the company's revenues were 3% below the consensus of
"PLUG reiterated its 2022 revenue guidance of
"PLUG's 2022 revenue guide also does not include the three new pedestal customers that it is targeting," he added.
H.C. Wainwright On Plug Power: Analyst
"We are largely maintaining our
"We believe fuel margins could remain under pressure in the near term, impacted by volatility in natural gas prices," the analyst said.
"We believe the company remains focused on building out its green hydrogen generation network supported by recent acquisitions and partnerships (MoU with Olin Corp) with targets of 70 tons per day (TPD) production by the end of 2022, 500TPD in
PLUG Price Action: Shares of Plug Power had declined by 8.51% to