PLUG Stock Forecast: Plug Power Pushes Towards Profitability

July 10, 2018
  This article was written by Julia Masch, a Financial Analyst at I Know First.


 

Highlights:

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

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Plug Stock Prediction: Electric Buses Vs. Fuel Cell Buses: Plug Power Has A Stake In The Winner

April 12, 2015

Summary

  • Public transportation systems are slowly integrating hybrid diesel-electric, full electric and fuplug stock priceel cell buses.
  • Both technologies hold promise with advantages and disadvantages.
  • Plug Power should be able to benefit from buses as the largest transportation fuel cell player in the US.
  • Algorithmic analysis is bullish on Plug Power in the 1-month, 3-month and 1-year time horizons.

 Algorithmic Analysis


The stock is now down 65% in 1-year and 15% in the last 3 months. We believe that this 15% represents the downside risk over the next year, and has a fairly high chance of materializing. However in the long term the stock's upside potential is huge. Fuel cell technology had a hard time being noticed as much of the earlier development was focused on competing with batteries and solar alternatives.

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Plug Stock Prediction: Algorithmic Forecast For 2015

March 4, 2015
Plug Power Inc. (PLUG), an alternative energy technology provider, is engaged in the design, development, manufacturing and commercialization of fuel cell systems for the industrial off-road markets worldwide. Plug Power uses cost-effective solutions to increase productivity, lower operating costs and reduce carbon footprints. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems.

plug stock prediction Plug Power set for large growth in 2015

Last year was a turning point for Plug Power, as the launch of GenKey, strong sales growth and promising new market initiatives set the company up for an exciting 2015. Sales have soared over the last few quarters on strong demand for its GenKey product, an integrated suite of GenDrive fuel cells and services, but the company sometimes has to contend with choppy revenue recognition. The company’s executives announced lower revenue projections than it was expecting, with the latest revenue projections for 2015 at $100 million. Previous estimates put the revenue projections for the year closer to $120 million.
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