Latest news with #PlugPower
Yahoo
2 days ago
- Automotive
- Yahoo
The Smartest Green Energy Stocks to Buy With $100 Right Now
Key Points Nio's sales of battery-swappable EVs are surging in China and Europe. Plug Power could grow rapidly again as the hydrogen market recovers. Cameco's dominance of the uranium market makes it a top nuclear play. 10 stocks we like better than Nio › Over the past decade, many countries prioritized the development of renewable energy solutions to curb their greenhouse emissions. From 2025 to 2033, Grand View Research expects the global renewable energy market to keep expanding at a compound annual growth rate (CAGR) of 14.9% as that secular trend continues. That expansion is generating tailwinds for many green energy companies, but it can be tough to separate the winners from the losers in this fragmented market. So today, I'll take a closer look at three promising companies in the electric vehicle (EV), hydrogen, and nuclear markets: Nio (NYSE: NIO), Plug Power (NASDAQ: PLUG), and Cameco (NYSE: CCJ). All three of these stocks are speculative, but they might just churn a modest $100 investment into thousands of dollars over the next few years. The EV play: Nio Nio is a major Chinese EV maker which is gradually expanding into Europe. It differentiates itself from its competitors with its removable batteries, which can be quickly swapped out at its power swap stations across China and Europe. Its drivers can pay for those battery swaps individually or pay a monthly fee for lower rates. Nio's namesake brand sells higher-end sedans and SUVs. Its newer Onvo and Firefly sub-brands sell cheaper SUVs and compact cars, respectively. From 2020 to 2024, Nio's annual deliveries rose more than fivefold, its revenue grew at a CAGR of 42%, and its number of year-end battery-swapping stations jumped from 155 to 3,445. Most of its recent growth was driven by brisk sales of Nio's higher-end sedans, its gradual growth in Europe, and the recent launches of its Onvo and Firefly vehicles. From 2024 to 2027, analysts expect Nio's revenue to grow at a CAGR of 26% as it continues to grow its market share in China and disrupt the European market. It isn't profitable yet, but it's growing at an impressive rate for a stock which trades at less than one times this year's sales. The hydrogen play: Plug Power Plug Power is the world's largest pure play hydrogen charging and storage company. It mainly provides hydrogen fuel cells and charging stations for warehouse forklifts, and its top customers include Amazon and Walmart. It's already deployed more than 70,000 fuel cell systems and over 250 fueling stations across the world. In 2024, Plug Power's revenue plunged 29% as its net loss widened. That decline was caused by the challenging macroheadwinds, which throttled the market's demand for new hydrogen-charging projects, and tough year-over-year comparisons to two big acquisitions (which expanded its smaller, cryogenic-systems business) in 2022 and 2023. But from 2024 to 2027, analysts expect Plug's revenue to grow at a CAGR of 30% as the macroenvironment stabilizes and the hydrogen market heats up again. It also aims to narrow its losses with Project Quantum Leap, a cost-cutting plan aimed at reducing its expenditures by $150 million to $200 million each year. A new $1.66 billion loan guarantee from the U.S. Department of Energy (DOE) for the construction of six green hydrogen manufacturing plants should help it stay solvent as it tries to expand its business again. That outlook seems promising, yet Plug trades at less than three times this year's sales. Therefore, any positive news about the hydrogen market could drive its stock a lot higher. The nuclear play: Cameco Cameco, which is based in Canada, is the world's second-largest uranium miner after Kazakhstan's national miner Kazatomprom. It mined about 17% of the world's uranium in 2024, and it operates its mines and mills in Canada, the U.S., and Kazakhstan. The company's revenue declined every year from 2011 to 2021. That decline started after the Fukushima disaster in 2011, which drove many countries to reevaluate their nuclear energy plans. As uranium's spot price plunged, Cameco suspended its biggest mines to conserve its cash. The COVID-19 pandemic then hampered its recovery. But from 2021 to 2024, Cameco's revenue grew at a CAGR of 29% in Canadian dollar (CAD) terms as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) surged at a CAGR of 206%. That recovery was driven by soaring uranium spot prices (which rose from $29.63 in January 2021 to $78.50 this June), its restarted mines, and its acquisition of a 49% stake in the nuclear power plant designer and builder Westinghouse Electric in late 2023. Uranium's comeback was driven by the market's rising demand outstripping its tight supply, supply chain disruptions in Kazakhstan, Russia, and Niger, as well as the rapid growth of the power-hungry cloud and AI data center markets. From 2024 to 2027, analysts expect its revenue to grow at a CAGR of 8% (in CAD terms) as its adjusted EBITDA rises at a CAGR of 16%. Those are impressive growth rates for a stock which trades at just 25 times this year's adjusted EBITDA, so Cameco's stock could still have plenty of room to run. Should you buy stock in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Walmart. The Motley Fool recommends Cameco. The Motley Fool has a disclosure policy. The Smartest Green Energy Stocks to Buy With $100 Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
2 days ago
- Business
- Globe and Mail
Plug Power vs. FuelCell Energy: Which Fuel Cell Stock has Greater Upside?
Plug Power Inc. PLUG and FuelCell Energy, Inc. FCEL are both prominent names operating in the fuel cell technology market. As rivals, both companies are engaged in manufacturing innovative fuel cell product solutions and electrolysis platforms in the United States and internationally. These companies are poised to benefit from significant growth opportunities in the green hydrogen market due to growing demand for clean energy solutions and government initiatives to decarbonize various sectors. Let's take a closer look at their fundamentals, growth prospects and challenges. The Case for Plug Power Plug Power has been subject to a high cash burn rate and negative gross margins over the past several quarters. Lower revenues from the sales of hydrogen equipment and related infrastructure have been weighing on its performance. The company has been witnessing lower sales of GenDrive units, GenSure stationary backup power units, cryogenic storage equipment and liquefiers. Despite this, PLUG has been focusing on scaling up its business and investing in hydrogen plants, given the long-term growth potential of the green hydrogen energy market. Going by some estimates, the green hydrogen energy market is expected to grow to $30 billion by 2030. PLUG intends to capitalize on the opportunity with increased green hydrogen production at its new plant in Georgia, as well as a new joint venture with Olin Corporation OLN in Louisiana. Also, in January 2025, it secured a loan guarantee worth $1.66 billion from the U.S. Department of Energy (DOE) to support the construction of six green hydrogen production facilities. This marks a significant step in the expansion of its hydrogen production capabilities. Plug Power's strong expertise in providing and installing electrolyzers is underlined by its deployment of substantial proton exchange membrane (PEM) electrolyzer systems to date. This is underlined by its successful PEM electrolyzer deployment at the largest U.S. electrolytic liquid hydrogen production plant in Georgia. PLUG's cost management and supply-chain optimization efforts have also supported it in slowing down its cash burn rate, which declined nearly 50% year over year in first-quarter 2025. In the same quarter, it launched Project Quantum Leap with a target to generate more than $200 million in annualized savings. As part of the project, the company stands to benefit from sales growth, pricing actions, inventory and capex management, and increased leverage of its hydrogen production platform. It expects the project to boost its cash flow and reduce the cash burn rate in the quarters ahead. The Case for FuelCell Energy FCEL continues to receive orders from its customers who need a 24/7 clean energy supply to efficiently run their operations. Earlier this year, the company received a contract to build a 7.4 MW fuel cell power plant in Hartford, CT. The project is expected to add more than $160 million of future revenues to FuelCell Energy's generation backlog. The backlog at the end of second-quarter fiscal 2025 (ended April 2025) was $1.26 billion, reflecting year-over-year growth of 18.7%. The company's strategic partnership with Diversied Energy and TESIAC Corp. is also expected to accelerate its entry into the data center market and expand its penetration in deployed microgrid applications. FuelCell Energy is also working on a global restructuring of its operations in the United States, Canada and Germany. This initiative will lower operating costs, realign resources toward advancing the company's core carbonate technologies and protect its competitive position in the clean energy market. However, FCEL has been subject to negative gross margins over the past few quarters. Its gross margin was a negative 26% in the first six months of fiscal 2025. Rising operating costs and expenses have been weighing on its margins and profitability. For instance, in the first half of fiscal 2025, its cost of revenues increased 23% from the year-ago period. FuelCell Energy's high debt level remains another concern. Its long-term debt balance at the end of second-quarter fiscal 2025 remained high at $124.1 million. Considering its high debt level, the company's cash and cash equivalents (unrestricted) of $116.1 million do not look impressive. How Does the Zacks Consensus Estimate Compare for PLUG & FCEL? The Zacks Consensus Estimate for PLUG's 2025 sales is $709.3 million, implying year-over-year growth of 12.8%. The consensus estimate for its bottom line is pegged at a loss of 59 cents per share. The Zacks Consensus Estimate for FCEL's fiscal 2025 (ending October 2025) sales is approximately $144.6 million, indicating growth of 28.9% year over year. Estimates for its bottom line are pegged at a loss of $6.22 per share. Price Performance and Valuation of PLUG & FCEL In the past three months, Plug Power's shares have surged 91.8%, while FuelCell Energy stock has gained 37.4%. From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 4.13X. In comparison, FuelCell Energy's forward earnings multiple currently sits at a negative 1.06X. Conclusion Plug Power and FuelCell Energy have a Zacks Rank #3 (Hold) each, which makes choosing one stock a difficult task. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. FuelCell Energy's strength in the fuel cell market and solid backlog level have been diluted by rising costs and expenses, which have been denting its profitability. While PLUG's negative gross margins and cash outflows remain a near-term concern, its strong foothold in the green hydrogen market and growth investments are likely to be beneficial in the long run. Additionally, PLUG's Quantum LEAP initiative and strong sales estimates instill investor confidence. Given these factors, PLUG seems a better choice for investors than FCEL currently. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plug Power, Inc. (PLUG): Free Stock Analysis Report FuelCell Energy, Inc. (FCEL): Free Stock Analysis Report Olin Corporation (OLN): Free Stock Analysis Report
Yahoo
5 days ago
- Business
- Yahoo
Plug Power's Equipment Weakness Grows: What's the Road Ahead?
Plug Power Inc. PLUG is experiencing increasing challenges across several of its core product categories. In the first quarter of 2025, the company reported a 7% year-over-year decrease in revenues from equipment, related infrastructure and other demand for PLUG's key product offerings, including hydrogen infrastructure, cryogenic equipment, fuel cell systems (GenDrive) and engineered oil and gas equipment, resulted in the decline in revenues. In the quarter, hydrogen infrastructure revenues dropped $6.6 million owing to only one hydrogen site installation being completed compared with three in the same period last unit sales also fell significantly, with 848 units sold in the quarter compared with 1,298 a year ago, leading to a $2.3 million revenue reduction. Cryogenic equipment sales were negatively impacted by slower progress on projects that are nearing completion. Engineered oil and gas equipment sales, acquired through the Frames acquisition, also declined $2.7 in January 2025, Plug Power signed a three-gigawatt (GW) agreement with Allied Green Ammonia in Australia which reflects rising global demand for green hydrogen. If sustained, this momentum could help offset the softness in PLUG's legacy products and reshape its long-term growth trajectory. Snapshot of Plug Power's Peers Among its major peers, Flux Power Holdings, Inc. FLUX reported revenues of $16.7 million in the third quarter of fiscal 2025. Flux Power's total revenues increased 16% year over year, driven by strong demand in both material handling and ground support markets. Flux Power continues to expand its lithium-ion energy storage solutions and SkyEMS software the first quarter of 2025, PLUG's another peer, Bloom Energy Corporation's BE product and service revenues rose 26.5% year over year. Bloom Energy's total revenues surged 38.6% year over year. The growth was fueled by robust demand for Bloom Energy's solid oxide fuel cell systems and expanding adoption of hydrogen-capable solutions. The Zacks Rundown for PLUG Shares of Plug Power have lost 16.9% in the year-to-date period against the industry's growth of 13.5%. Image Source: Zacks Investment Research From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 3.89X against the industry average of 23.08X. PLUG carries a Value Score of F. Image Source: Zacks Investment Research The Zacks Consensus Estimate for PLUG's bottom line for second-quarter 2025 has increased in the past 60 days. Image Source: Zacks Investment Research The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plug Power, Inc. (PLUG) : Free Stock Analysis Report Flux Power Holdings, Inc. (FLUX) : Free Stock Analysis Report Bloom Energy Corporation (BE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
Why Plug Power Stock Rocketed Higher This Morning and Then Fell Back to Earth
Key Points Plug Power stock shot higher early in today's trading session, but it quickly gave back its gains. Peer Bloom Energy is working with Oracle to deploy fuel cell technology at data centers. At this point, Plug Power stock remains a highly speculative investment. 10 stocks we like better than Plug Power › Racing out of the gate, Plug Power(NASDAQ: PLUG) stock climbed as much as 9.9% early in Thursday's trading session, but the early enthusiasm that investors had expressed soon faded. Plug's peer BloomEnergy(NYSE: BE) did, in fact, have something positive to report today, and investors were bidding Plug stock higher in sympathy; however, cooler heads seem to be prevailing, and Plug stock has given back much of its earlier gains. As of 11:40 a.m. ET, shares of Plug Power are down 0.6%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » What powered the excitement this morning? Plug's peer Bloom Energy announced today that it will be partnering with Oracle(NYSE: ORCL) to deploy fuel cell technology at certain Oracle Cloud Infrastructure (OCI) data centers located in the United States. The soaring popularity of artificial intelligence (AI) is placing high demands on Oracle's data centers, and to meet the related power needs of the data center infrastructure, the company is turning to fuel cell technology. Often, investors will bid Plug stock higher on any semblance of positive news related to the hydrogen and fuel cell industry. Today is proving to be no different. Plus, Plug investors are likely waxing optimistic that other data center companies will choose to collaborate with Plug on similar deals. Should investors plug Plug stock into their portfolios? Consistently reporting net losses, Plug remains a high-risk investment. While the news of Bloom's deal with Oracle may suggest to some that Plug will find itself in high demand from data center companies looking to increase their power capacities with fuel cell technology, this is far from adequate material to base an investment. Investors committed to hydrogen and fuel cell exposure, therefore, would be better advised to consider Bloom Energy at this point, or some other leaders in the industry. Should you invest $1,000 in Plug Power right now? Before you buy stock in Plug Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Plug Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy.
Yahoo
6 days ago
- Business
- Yahoo
Why Plug Power Stock Rocketed Higher This Morning and Then Fell Back to Earth
Key Points Plug Power stock shot higher early in today's trading session, but it quickly gave back its gains. Peer Bloom Energy is working with Oracle to deploy fuel cell technology at data centers. At this point, Plug Power stock remains a highly speculative investment. 10 stocks we like better than Plug Power › Racing out of the gate, Plug Power (NASDAQ: PLUG) stock climbed as much as 9.9% early in Thursday's trading session, but the early enthusiasm that investors had expressed soon faded. Plug's peer Bloom Energy (NYSE: BE) did, in fact, have something positive to report today, and investors were bidding Plug stock higher in sympathy; however, cooler heads seem to be prevailing, and Plug stock has given back much of its earlier gains. As of 11:40 a.m. ET, shares of Plug Power are down 0.6%. What powered the excitement this morning? Plug's peer Bloom Energy announced today that it will be partnering with Oracle (NYSE: ORCL) to deploy fuel cell technology at certain Oracle Cloud Infrastructure (OCI) data centers located in the United States. The soaring popularity of artificial intelligence (AI) is placing high demands on Oracle's data centers, and to meet the related power needs of the data center infrastructure, the company is turning to fuel cell technology. Often, investors will bid Plug stock higher on any semblance of positive news related to the hydrogen and fuel cell industry. Today is proving to be no different. Plus, Plug investors are likely waxing optimistic that other data center companies will choose to collaborate with Plug on similar deals. Should investors plug Plug stock into their portfolios? Consistently reporting net losses, Plug remains a high-risk investment. While the news of Bloom's deal with Oracle may suggest to some that Plug will find itself in high demand from data center companies looking to increase their power capacities with fuel cell technology, this is far from adequate material to base an investment. Investors committed to hydrogen and fuel cell exposure, therefore, would be better advised to consider Bloom Energy at this point, or some other leaders in the industry. Should you invest $1,000 in Plug Power right now? Before you buy stock in Plug Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Plug Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy. Why Plug Power Stock Rocketed Higher This Morning and Then Fell Back to Earth was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
