PLUG Stock Forecast: Plug Power Pushes Towards Profitability

  This article was written by Julia Masch, a Financial Analyst at I Know First.



  • Expanding into Europe
  • Plug Power’s Strong Leadership
  • Current I Know First Bullish Forecast For PLUG

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Plug Power Stock Analysis: Revenue Growth Makes Stock Bullish (PLUG)

Plug Power Inc. (PLUG) released its most recent earnings report Monday morning, where the company continues to be unprofitable. In fact, losses increased to $11.1 million, more than what they were a year ago, due to increasing costs. This is especially true for total administrative costs, which doubled during the first quarter which ended March 31st compared to the same quarter in the year earlier period. While these fiscal problems are concerning, important trends make this stock bullish in the long-term. Plug Stock Analysis