![]() ![]() This group has a Zacks Industry Rank of 45, putting it in the top 18% of all 250+ industries. Plug.In conference in New York last month, analysts and label executives said. The Manufacturing - Electronics industry is part of the Industrial Products sector. ![]() Plug Power currently has a Zacks Rank of #3 (Hold). Over the past month, the Zacks Consensus EPS estimate has moved 2.18% lower. Reportedly, based on the forecasts of 22 analysts on Wall Street, the consensus price target for PLUG stock is 25.10. ![]() It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Wall Street’s Surprisingly High Price Target for PLUG Stock. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. With 30 days' notice, all 38 million homepages would be deleted. These revisions help to show the ever-changing nature of near-term business trends. Our most recent consensus estimate is calling for quarterly revenue of $217.87 million, up 54.73% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of -$0.74 per share and revenue of $1.32 billion, which would represent changes of +40.8% and +88.35%, respectively, from the prior year.Īny recent changes to analyst estimates for Plug Power should also be noted by investors. On that day, Plug Power is projected to report earnings of -$0.25 per share, which would represent year-over-year growth of 7.41%. Plug Power (PLUG, 6.1) entered Downtrend as Momentum indicator drops below 0 level on Tickeron - Stocks 9 days ago. The stock traded as low as 6.09 and last traded at 6.23, with a. Wall Street will be looking for positivity from Plug Power as it approaches its next earnings report date. (NASDAQ:PLUG Get Free Report)s stock price hit a new 52-week low during mid-day trading on Friday. This has lagged the Industrial Products sector's loss of 0.81% and the S&P 500's gain of 6.11% in that time. Prior to today's trading, shares of the alternative energy company had lost 20.42% over the past month. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 2.94%. This move lagged the S&P 500's daily gain of 1.33%. And even more specifically, this means that Plug. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.Plug Power (PLUG) closed the most recent trading day at $9.30, moving -0.96% from the previous trading session. Specifically, instead of growing its revenues 80 in 2022 (as it had promised), Plug says revenues actually grew closer to 45 to 50 last year. Analyst Michael Tyndall reduced his price target to $146, citing CEO Elon Musk as a "risk" for the company, along with a longer timeline to see profits from current innovations. Tesla (TSLA) received another lowered rating, this time from HSBC (HSBC). In a filing late Thursday night, The company projected that "existing cash and available for sale and equity securities will not be sufficient to fund operations through the next 12 months." causing serious doubts about the future of the company. EV infrastructure company ChargePoints (CHPT) stock. Shares of Plug Power (PLUG) are diving over 35% as the company's third-quarter report mentioned "unprecedented supply challenges". Plug Power (PLUG) shares close Wednesday higher after raising its forward revenue outlook through 2027. The agreement includes the biggest wage increase ever negotiated in the union’s 88-year history, according to the union. In addition, The Culinary Workers and Bartenders Union, representing about 5,000 employees, has reached a tentative agreement with Wynn. ![]() Wynn Resorts (WYNN) is down over 5% Friday morning as news of lower-than-expected revenue from Chinese markets for the third quarter. The gains may be short-lived as the University of Michigan consumer sentiment for November showed the index came in at 60.4 this month, below the expected 63.7 by economists and one of the lowest measurements since May. The Dow Jones Industrial (^DJI) and NASDAQ (^IXIC) saw an uptick Friday morning, shrugging off recent comments from Federal Reserve Chair Jerome Powell about leaving the door open for future interest rate hikes to continue to battle inflation. Yahoo Finance Video Markets up, Wynn, Plug, Tesla fall: Top Stories PLUG Overview Stock Screener Earnings Calendar Sectors Nasdaq PLUG U.S.: Nasdaq Plug Power Inc. ![]()
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