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PLUG $1.92

PLUG target price
1.92
0
0
Plug Power
Type
Public (NASDAQ: PLUG)
Industry Alternative energy
Founded 1997
Headquarters Latham, New York, USA
Key people
Andrew Marsh, CEO
George C. McNamee, chairman
Products Fuel cell systems
Website PlugPower.com

Plug Power is an American company engaged in the design and manufacturing of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. The company is headquartered in Latham, New York and has facilities in Spokane, Washington.

Plug Power's GenDrive system integrates fuel cells manufactured by both Plug Power and Ballard Power and incorporates a hydrogen storage system that allows the system to "recharge" in a matter of minutes as opposed to several hours for lead-acid batteries. It allows hydrogen-powered forklifts to run at a constant steady power compared to conventional batteries, which experience "droop" in their output towards the end of a shift. GenDrive units occupy the same space designed for conventional batteries.

Plug Power was founded in 1997 as a joint venture between DTE Energy and Mechanical Technology Inc. The company went public in 2002. Indoor forklifts were their first viable market with customers such as Nike, BMW, Wal-Mart, Home Depot, Mercedes-Benz, Kroger, and Whole Foods.

In February 2017, the company announced the first shipments of its ProGen fuel cell engines designed for electric delivery vehicles and the adoption of its GenDrive system by the USPS truck fleet in Capitol Heights, Maryland.

In April 2017, Amazon.com purchases over 50 million shares of Plug Power common stock and enters into agreement to use hydrogen technology within its warehouses for fulfillment.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-07 Future report Set alerts
Q2 2022 2022-08-09 -0.30 -0.30
Q1 2022 2022-05-09 -0.27 -0.27
Q4 2021 2022-03-01 -0.23 -0.23
Q3 2021 2021-11-09 -0.18 -0.18
Q2 2021 2021-08-05 -0.18 -0.18
Q1 2021 2021-06-22 -0.12 -0.12
Q4 2020 2021-02-25 -1.12 -1.12
Q3 2020 2020-11-09 0.00 0.00
Q2 2020 2020-08-06 -0.03 -0.03

Ratings

2016-07-12 Reiterated Rating FBR & Co Buy
2016-06-09 Reiterated Rating FBR & Co. Outperform $3.00
2016-06-09 Reiterated Rating FBR & Co Outperform $3.00
2016-05-13 Reiterated Rating FBR & Co. Outperform $3.00
2016-05-10 Reiterated Rating Roth Capital Neutral $2.00
2016-03-14 Boost Price Target Roth Capital Neutral $1.80 to $2.00
2016-03-13 Reiterated Rating FBR & Co. Outperform
2016-02-03 Reiterated Rating Roth Capital Neutral $1.80
2016-01-28 Reiterated Rating FBR & Co. Outperform $3.00
2015-12-17 Initiated Coverage FBR & Co. Outperform $3.00
2015-11-10 Lower Price Target Roth Capital Neutral $2.60 to $2.40
2015-08-09 Reiterated Rating Roth Capital Hold $2.60
2015-07-28 Initiated Coverage Craig Hallum Buy $3.50
2015-05-14 Reiterated Rating Cowen and Company Outperform $3.50
2015-05-12 Set Price Target Roth Capital Hold $2.60
2015-04-17 Initiated Coverage Dougherty & Co Buy $3.70
2015-03-24 Lower Price Target FBR & Co. Outperform $8.00 to $6.50
2015-03-18 Reiterated Rating Cowen and Company Positive
2015-03-18 Lower Price Target Roth Capital Neutral $4.00 to $2.60
2014-11-13 Lower Price Target Roth Capital Neutral $6.15 to $4.00
2014-08-15 Reiterated Rating Cowen and Company Outperform
2014-08-15 Boost Price Target Roth Capital Neutral $4.75 to $6.15
2014-07-15 Initiated Coverage FBR & Co. Outperform $8.00
2014-07-14 Initiated Coverage FBR & Co. Outperform $8.00
2014-05-15 Lower Price Target Roth Capital Neutral $3.75
2014-05-15 Lower Price Target Citigroup Inc. Market Perform to Outperform $7.50 to $6.00
2014-05-15 Upgrade Cowen and Company Market Perform to Outperform $7.50 to $6.00
2014-03-14 Downgrade Cowen and Company Outperform to Market Perform $5.50 to $7.50
2014-03-14 Downgrade Roth Capital Buy to Neutral $0.80 to $8.00
2014-01-21 Initiated Coverage Cowen and Company Outperform
2016-07-12 Reiterated Rating FBR & Co Buy
2016-06-09 Reiterated Rating FBR & Co. Outperform $3.00
2016-06-09 Reiterated Rating FBR & Co Outperform $3.00
2016-05-13 Reiterated Rating FBR & Co. Outperform $3.00
2016-05-10 Reiterated Rating Roth Capital Neutral $2.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Joint Stock Co INTER RAO UES 2.67%  (4462693) PLUG /
JSC INTER RAO Capital 2.67%  (4462693) PLUG /
MARXE AUSTIN W & GREENHOUSE DAVID M 0.90%  (1511620) ADEP / ALCS / ASTC / ASYS / BTUI / BWEN / CACH / CDTI / CEVA / CLRX / CRMB / CYCC / DAEG / DOVR / ERI / ETRM / HEAR / INO / ISNS / ITI / LRAD / LTBR / MAG / MFI / OPXA / OVRL / PFSW / PLUG / PRKR / PTN / RGDX / RVLT / TGEN / URRE / VPCO / WPCS /
MCNAMEE GEORGE C Chairman of the Board 0.40%  (676160) GLCH / IRBT / PLUG /
Marsh Andrew President & CEO 0.31%  (525606) GEVO / PLUG /
WILLIS GARY K 0.18%  (307683) PLUG / RSTI / ZIGO /
HELMER MAUREEN O 0.12%  (198316) PLUG /
GARBERDING LARRY 0.12%  (197714) PLUG /
Roth Johannes Minho 0.07%  (123241) GEVO / PLUG /
Kenausis Gregory 0.06%  (99993) PLUG /
HICKEY DOUGLAS T 0.05%  (78571) PLUG /
Miroshnichenko Evgeny 0.04%  (62254) PLUG /
Rasskazov Evgeny 0.03%  (51344) PLUG /
GRAVES GREGORY B 0.02%  (41305) ENTG / PLUG /
Schneider Lucas P 0.02%  (39538) PLUG /
Air Liquide Investissements d'Avenir et de Demonstration 0.02%  (39324) PLUG /
Pontone Xavier 0.02%  (31161) PLUG /
MIDDLETON PAUL B SVP, Chief Financial Officer 0.01%  (24968) PLUG / ROG /
Conway Gerard L JR General Counsel 0.01%  (16373) PLUG /
Schmid Keith Chief Operating Officer 0.01%  (14000) PLUG /