Plug Power 'Repositioning The Business To Drive Higher Margins,' Analyst Says: Breakeven 'Seems Even Farther Away' [Yahoo! Finance]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.plugpower.com/home/default.aspx
Company Research
Source: Yahoo! Finance
The results came amid an exciting earnings season . Here are some key analyst takeaways. Piper Sandler On Plug Power Analyst Kashy Harrison maintained an Underweight rating while reducing the price target from $2.90 to $2.50. Plug Power reported a 43% year-on-year decline in first-quarter revenues, missing expectations "due to timing of electrolyzer site commissioning" and these revenues are expected to accrue in the second quarter, Harrison said in a note. Management indicated second-quarter revenues are likely to be in line with the consensus of around $200 million and revenues in the first half of the year would be one-third of the full year, which suggested revenues of around $980 million, in-line with expectations, the analyst stated. "We still expect declining revenues in '24 as PLUG has transitioned away from sale/leasebacks for material handling which offered unsustainably attractive customer economics," he added. BMO Capital Markets On Plug Power Analyst Ameet
Show less
Read more
Impact Snapshot
Event Time:
PLUG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLUG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLUG alerts
High impacting Plug Power, Inc. news events
Weekly update
A roundup of the hottest topics
PLUG
News
- Contact Hagens Berman by May 21, 2024 Deadline to Join Class Action Against Plug Power (PLUG)Accesswire
- PLUG LAWSUIT ALERT: Levi & Korsinsky Notifies Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineAccesswire
- Class Action Filed Against Plug Power Inc. (PLUG) Seeking Recovery for Investors - Contact Levi & KorsinskyAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Plug Power Inc. of Class Action Lawsuit and Upcoming Deadlines – PLUGGlobeNewswire
- Shareholders that lost money on Plug Power Inc. (PLUG) Urged to Join Class Action – Contact Levi & Korsinsky to Learn MoreAccesswire
PLUG
Earnings
- 5/9/24 - Miss
PLUG
Sec Filings
- 5/15/24 - Form 8-K
- 5/14/24 - Form 8-K
- 5/13/24 - Form 4
- PLUG's page on the SEC website