Plug Power Stock Quote and Financial Insights

Plug Power's stock quote has been a topic of interest for many investors, especially those who follow the alternative energy sector. The company's stock price has fluctuated over the years, influenced by various market and industry factors.

In 2020, Plug Power's stock price reached an all-time high of $54.85 per share. This surge can be attributed to the increasing demand for hydrogen fuel cells and the company's growing presence in the market.

As of the latest financial data, Plug Power's market capitalization is around $10 billion. This significant valuation reflects the company's potential for growth and its position as a leader in the hydrogen fuel cell industry.

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Plug Power has received a significant loan guarantee from the Energy Department to construct large-scale hydrogen plants, totaling $1.66 billion. This funding will support the company's domestic hydrogen production plant buildout.

The company's Graham, Texas, plant is the first beneficiary of this loan guarantee, which was announced in January 2025. Plug Power is a global leader in comprehensive hydrogen solutions for the green hydrogen economy.

The company will participate in several conferences, including the UBS Global Energy & Utilities Conference and the Goldman Sachs Energy, CleanTech & Utilities Conference, in January 2025.

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Plug Power, a global leader in comprehensive hydrogen solutions, secured a significant $1.7 billion loan guarantee from the U.S. Department of Energy.

The loan guarantee will support Plug Power's domestic hydrogen production plant buildout, with the company's Graham, Texas, plant being the first beneficiary.

This major investment is a significant step forward for the green hydrogen economy, and Plug Power is well-positioned to capitalize on it.

The loan guarantee will enable Plug Power to construct large-scale hydrogen plants, generating carbon-free hydrogen from water and electricity.

Plug Power's comprehensive hydrogen solutions have the potential to make a significant impact on the environment, and this loan guarantee will help bring those solutions to market.

The company's Graham, Texas, plant will be the first to benefit from the loan guarantee, marking a major milestone for Plug Power's domestic hydrogen production efforts.

With this loan guarantee in place, Plug Power is poised to drive innovation and growth in the green hydrogen economy.

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Plug Power Inc. will participate in the UBS Global Energy & Utilities Conference.

The conference will take place in Slingerlands, New York, where Plug Power is based.

This is not the first time Plug Power has participated in a conference, they also participated in the Goldman Sachs Energy, CleanTech & Utilities Conference.

Plug Power is a global leader in comprehensive hydrogen solutions for the green hydrogen economy, as stated in their company description.

They will likely use this opportunity to showcase their expertise and solutions in the green hydrogen economy.

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Plug Power's stock performance has been quite volatile over the past year, with a 1 Year Change of -48.55%. This is a significant drop, and it's essential to understand the company's financial performance to make informed decisions.

The company's revenue has been increasing, with a 27.07% growth in 2023 compared to the previous year. However, this growth hasn't been enough to offset the company's losses, which were -$1.37 billion in 2023.

Here's a summary of Plug Power's share price performance over the past year:

The current share price of Plug Power is a whopping US$1.95. This is a significant drop from its 52-week high of US$5.14.

The stock's beta is 1.79, which means it's considered a riskier investment. I've seen some investors shy away from stocks with high betas, but it's essential to remember that this can also mean higher potential returns.

In the past year, Plug Power's share price has plummeted by 48.55%. This is a stark contrast to its 52-week low of US$1.60, which is actually the current share price.

Here's a quick rundown of the stock's performance over the past few years:

The stock's 1-month and 3-month changes are also worth noting: -18.07% and -8.45%, respectively. These numbers indicate a downward trend in the short term.

In 2023, Plug Power's revenue was a significant $891.34 million, representing a 27.07% increase from the previous year's $701.44 million. This growth is a testament to the company's expanding presence in the hydrogen and fuel cell market.

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The company's revenue growth is impressive, but it's not without its challenges. Plug Power's losses were a substantial -$1.37 billion in 2023, which is 89.1% more than in 2022. This highlights the need for the company to continue improving its financial performance.

Despite the losses, Plug Power is making progress in certain areas. The company has seen an improvement in operating cash flow and a narrowing loss. These developments are encouraging signs for investors.

Here's a summary of Plug Power's financial performance in 2023:

As you can see, Plug Power's revenue has increased significantly, but its losses have also grown substantially. This highlights the importance of closely monitoring the company's financial performance to make informed investment decisions.