Plug PowerPLUG
About: Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
Employees: 3,868
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31% more call options, than puts
Call options by funds: $69.7M | Put options by funds: $53.1M
15% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 114
5% less funds holding
Funds holding: 450 [Q2] → 428 (-22) [Q3]
9% less capital invested
Capital invested by funds: $880M [Q2] → $804M (-$75.6M) [Q3]
10.57% less ownership
Funds ownership: 50.8% [Q2] → 40.24% (-10.57%) [Q3]
30% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 73
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
HC Wainwright & Co. Amit Dayal 44% 1-year accuracy 29 / 66 met price target | 100%upside $5 | Buy Maintained | 18 Nov 2024 |
Canaccord Genuity George Gianarikas 58% 1-year accuracy 26 / 45 met price target | 20%downside $2 | Hold Maintained | 15 Nov 2024 |
Craig-Hallum Eric Stine 0 / 0 met price target | 20%upside $3 | Buy Maintained | 14 Nov 2024 |
Wells Fargo Michael Blum 95% 1-year accuracy 18 / 19 met price target | 20%downside $2 | Equal-Weight Maintained | 14 Nov 2024 |
Piper Sandler Kashy Harrison 45% 1-year accuracy 9 / 20 met price target | 44%downside $1.40 | Underweight Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 39 articles about PLUG published over the past 30 days