![]() Additionally, with solar energy becoming less expensive and more accessible to individuals, a legitimate infrastructure behind the product is starting to emerge. retuning to the Paris Climate Agreement and a promise from the new administration to invest billions into clean energy, the renewable energy equipment and services sector is expected to have a very bright future. 2020 was highlighted by states, cities and businesses pursuing decarbonization and green energy plans. The hope is sub-industry results will show more material recovery in 2021 as commercial end-markets join residential in returning to more normal demand levels. Valuations for the group are currently more in line with historical averages following share price recovery from sharp declines early in 2020 due to macroeconomic uncertainty from numerous headwinds, including the still-evolving total impact of Covid-19. Plug Power Inc does not currently pay a dividend. Analysts expect adjusted earnings to reach $-0.442 per share for the current fiscal year. Year-over-year quarterly sales growth most recently was 83.2%. ![]() Plug Power Inc’s trailing 12-month revenue is $0.0 million with a % profit margin. Read on to learn how Plug Power Inc grades on certain key metrics to see whether it meets your investment needs.Īs of October 12, 2021, Plug Power Inc had a $15.9 billion market capitalization, compared to the Renewable Energy Equipment & Services median of $492.7 million, Plug Power Inc’s stock is down 2.1% in 2021, up 35% in the previous five trading days and up 68.8% in the past year. The Company’s products and services serve the North American and European material handling markets, and primarily supports large to mid-sized fleet, multi-shift operations in high-volume manufacturing and distribution centers. The Company’s products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen and GenFuel Electrolyzers. In addition, the Company manufactures and sells fuel cell products to replace batteries and diesel generators in stationary backup power applications. It delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, the stationary power market, and more. The Company is focused on proton exchange membrane (PEM), fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen and green hydrogen generation, storage, and dispensing infrastructure. is a provider of hydrogen fuel cell turnkey solutions. Learn more about Plug Power Inc’s ( PLUG) stock grades for Growth, Momentum and Quality and determine whether this renewable energy equipment & services stock meets your investment needs. ![]()
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