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Plug Power has experienced solid top-line growth in recent years, with revenue increasing by 27% last year to $891 million. However, the current landscape paints a different picture.
According to many metrics, Plug Power (NASDAQ: PLUG) is on a roll. Since the start of 2021, sales have skyrocketed by 2,000%. Since the start of 2021, sales have skyrocketed by 2,000%.
But from 2023 to 2026, they expect Plug Power's revenue to grow at a compound annual growth rate (CAGR) of 26% to $1.77 billion as it narrows its annual net loss to $336 million.
Plug Power (NASDAQ: PLUG) stock rocketed more than 10% in early trading Tuesday, hitting $3 per share before giving back most of its gains and retreating to a single-digit gain. As of 10:20 a.m ...
Shares of fuel cell and hydrogen specialist Plug Power (NASDAQ: PLUG) may have nudged higher in the beginning of the year, but the market's enthusiasm was hardly sustained. According to data ...
Before you buy stock in Plug Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Plug Power ...
Plug Power was founded in 1997 as a joint venture between DTE Energy and Mechanical Technology Inc. The company went public in October 1999. The company was subject to a shareholder class action complaint for securities fraud following the IPO for allegedly misleading statements about their fuel cell technology capabilities and on its material sales and dist
PLUG Revenue (TTM) data by YCharts Despite Plug Power's revenue growth since 2020, the company is losing more money than ever. Over the past 12 months, the company generated a gross loss of around ...