What Is Plug Power's Future? Analysts Warn Of Cash Crunch And Slow Hydrogen Market Growth
Plug Power(PLUG) Benzinga·2024-11-15 03:48
Analysts revised the price target or estimates on Plug Power, Inc. PLUG after the company reported weak third-quarter results and provided FY25 guidance.On Wednesday, Plug provided its financial outlook for 2025, projecting revenue between $850 million and $950 million (street view: $1.185 billion). Looking further ahead, the company aims for a target revenue of approximately $3.75 billion by 2030.Also this week, Plug Power reported third-quarter revenue of $173.73 million, which missed the consensus of $21 ...