![]() to build a 15-ton-per-day green hydrogen plant in Louisiana. However, Plug has other projects in Georgia and Texas, and on Wednesday announced a joint venture with Olin Corp. The company has abandoned plans for plants in Pennsylvania and Canada, and has experienced permitting delays for another site in New York state. Shrestha said Plug remains on track to hit its forecast of 200 tons per day by the end of 2023. The Latham, New York-based company is building production plants across the US and Europe that will use renewable power to split hydrogen from water, creating a carbon-free fuel. The company will be able to make about 50 tons of green hydrogen per day by yearend, down from an earlier forecast of 70 tons, Chief Strategy Officer Sanjay Shrestha told analysts and investors gathered Wednesday for Plug’s annual symposium. is cutting its hydrogen-production forecast after abandoning plans for two plants and encountering permitting delays at a third facility. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.(Bloomberg) - Plug Power Inc. NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Real time prices by BATS. Delayed quotes by FIS. Visit to get our data and content for your mobile app or website. Forecast Dividends Profile Chart 1D 5D 1M YTD 1Y 5Y Max -2.31 ( 1D) About PLUG Full Company Profile Financial Performance In 2022, Plug Powers revenue was 701.44 million, an increase of 39.63 compared to the previous years 502.34 million. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. ![]() Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.Ģ. Zacks Style Scores Education - Learn more about the Zacks Style Scoresġ. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. As you might remember from your school days, an A, is better than a B a B is better than a C a C is better than a D and a D is better than an F.Īs an investor, you want to buy stocks with the highest probability of success. Within each Score, stocks are graded into five groups: A, B, C, D and F. Plug Power (PLUG) Cuts Hydrogen-Production Forecast as Two Plants Dropped - Bloomberg Green New Energy Plug Power Cuts 2022 Hydrogen-Production Forecast as Two Plants Dropped. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. The scores are based on the trading styles of Value, Growth, and Momentum. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. On average, they predict the companys share price to reach 20.48 in the next year. ![]() The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Their PLUG share price forecasts range from 7.50 to 38.00.
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