From Yahoo Finance: 2025-05-14 14:44:00

JP Morgan analyst Bill Peterson has reiterated a Neutral rating on Plug Power, Inc. but has withdrawn the price forecast. The company reported first-quarter revenue of $133.67 million, beating estimates, but posted a loss of 21 cents per share, missing estimates. Plug Power guided for second-quarter revenue in the range of $140 million to $180 million, signaling confidence in continued demand growth. Analysts have adjusted revenue estimates and electrolyzer growth projections, leading to a lowered full-year revenue estimate. Plug Power may need to raise an additional $100 million to $200 million for funding. Despite potential for growth, the company faces challenges related to liquidity, margin improvement, and hydrogen availability. Investors can access the stock via the Global X Hydrogen ETF. PLUG shares are down 3.91% at $0.78.



Read more at Yahoo Finance: JP Morgan Signals Caution On Plug Power’s Near-Term Challenges, Withdraws Price Forecast