Latest news with #hydrogenfuelcells
Forbes
5 days ago
- Business
- Forbes
Plug Power: Is Another Post-Earnings Drop For PLUG Stock Inbound?
Plug Power (NASDAQ: PLUG), a company specializing in hydrogen fuel cells, is anticipated to announce its earnings on Monday, August 11, 2025. Historical trends suggest that the stock is more likely to experience a negative one-day reaction. In the past five years, PLUG has recorded a one-day decrease following earnings in 61% of the cases, showing a median loss of -5.9% and a maximum one-day decline of -40.5%. This underscores the stock's considerable volatility around earnings announcements. For traders who react to events, recognizing these historical trends can offer an advantage, though the actual outcomes compared to consensus forecasts will be the main factor influencing actions. Here are two potential strategies to explore: Consensus projections indicate a significant improvement in the company's performance for this quarter. Analysts anticipate revenue of $158 million and an adjusted loss of $0.16 per share, a positive comparison to the same quarter last year, during which revenue stood at $143 million and the adjusted loss was $0.34 per share. From a fundamentals standpoint, the company currently holds a market capitalization of $1.4 billion. In the past twelve months, Plug Power has generated $642 million in revenue but recorded operational losses, with operating losses of -$988 million and a net loss of -$2.0 billion. However, for those seeking potential gains with less volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative — it has outperformed the S&P 500 and achieved returns exceeding 91% since its launch. In addition, check out – What's Happening With JOBY Stock? View earnings reaction history of all stocks Historical Probability of Positive Post-Earnings Returns for Plug Power Here are some insights into one-day (1D) post-earnings returns: Additional information regarding observed 5-Day (5D) and 21-Day (21D) returns after earnings is summarized along with the statistics in the table below. Related – Plug Power's Hydrogen Hopes Dashed? Correlation Between 1D, 5D, and 21D Historical Returns A relatively less risky strategy (though of limited utility if the correlation is weak) involves understanding the correlation between short-term and medium-term returns post-earnings, identifying a pair that exhibits the highest correlation, and implementing the proper trade. For instance, if 1D and 5D demonstrate the strongest correlation, a trader could opt for a 'long' position for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data based on both a 5-year and a 3-year (more recent) timeline. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and the following 5D returns. Additionally, see – Buy or Sell PLUG Stock? Is There Any Correlation With the Earnings of Peers? At times, the performance of peers can impact the stock reaction following earnings. In fact, the pricing might begin before the earnings announcements are made. Below is some historical data on the post-earnings performance of Plug Power stock in comparison to the stock performance of peers that released their earnings just prior to Plug Power. For a fair comparison, peer stock returns also reflect post-earnings one-day (1D) returns. Discover more about the Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all three, the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors. Separately, if you seek upside with a smoother experience compared to an individual stock like Plug Power, consider the High Quality portfolio, which has outperformed the S&P and recorded >91% returns since its inception.
Yahoo
5 days ago
- Business
- Yahoo
Plug Power Inc. (PLUG) Secures $1.66B DOE Loan for Green Hydrogen Plants
An earlier version of the article mistakenly stated that Plug Power secured a $1.66 billion conditional loan guarantee from the U.S. Department of Energy in July instead in January. We apologize for the error. Plug Power Inc. (NASDAQ:PLUG) is a key player in the clean energy space, developing hydrogen fuel cells and electrolyzer systems to support the decarbonization of transport, logistics, and industrial sectors. The company offers a range of technologies, including fuel cell systems for vehicles, stationary fuel cells, and integrated hydrogen production and dispensing solutions. In January 2025, Plug Power Inc. (NASDAQ:PLUG) secured a $1.66 billion conditional loan guarantee from the U.S. Department of Energy to build up to six green hydrogen plants, beginning in Texas. This major government backing reduces financial risk and fast-tracks infrastructure development. At the same time, the business extended a strategic hydrogen supply agreement through 2030 with a major U.S. industrial gas partner. This deal ensures steady hydrogen availability, lowers immediate costs, and supports the company's growing network of over 275 hydrogen-consuming sites. Recent U.S. Treasury guidance on hydrogen tax credits has further boosted the company's position by allowing greater flexibility in power sourcing and widening credit eligibility. CEO Andy Marsh described this as a landmark win for both the company and the broader hydrogen industry, enhancing project feasibility and investor confidence. A wide-angle view of a team of workers wearing PPE in a large hydrogen plant. Looking ahead, Plug Power Inc. (NASDAQ:PLUG) aims to produce 500 tons of green hydrogen per day in North America by 2025 and 1,000 tons globally by 2028. These targets support the company's sustainability goals, including reducing CO₂ emissions from hard-to-electrify sectors. With proprietary technologies, strong government and industrial partnerships, and policy tailwinds, the firm is poised to lead the U.S. transition to green hydrogen at scale. While we acknowledge the potential of PLUG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 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
Yahoo
02-08-2025
- Business
- Yahoo
Plug Power Inc. (PLUG) Secures $1.66B DOE Loan for Green Hydrogen Plants
We recently compiled a list of the 10 Best Low Cost Stocks To Buy Under $50. Plug Power Inc. stands second on our list. Plug Power Inc. (NASDAQ:PLUG) is a key player in the clean energy space, developing hydrogen fuel cells and electrolyzer systems to support the decarbonization of transport, logistics, and industrial sectors. The company offers a range of technologies, including fuel cell systems for vehicles, stationary fuel cells, and integrated hydrogen production and dispensing solutions. In July 2025, Plug Power Inc. (NASDAQ:PLUG) secured a $1.66 billion conditional loan guarantee from the U.S. Department of Energy to build up to six green hydrogen plants, beginning in Texas. This major government backing reduces financial risk and fast-tracks infrastructure development. At the same time, the business extended a strategic hydrogen supply agreement through 2030 with a major U.S. industrial gas partner. This deal ensures steady hydrogen availability, lowers immediate costs, and supports the company's growing network of over 275 hydrogen-consuming sites. Recent U.S. Treasury guidance on hydrogen tax credits has further boosted the company's position by allowing greater flexibility in power sourcing and widening credit eligibility. CEO Andy Marsh described this as a landmark win for both the company and the broader hydrogen industry, enhancing project feasibility and investor confidence. A wide-angle view of a team of workers wearing PPE in a large hydrogen plant. Looking ahead, Plug Power Inc. (NASDAQ:PLUG) aims to produce 500 tons of green hydrogen per day in North America by 2025 and 1,000 tons globally by 2028. These targets support the company's sustainability goals, including reducing CO₂ emissions from hard-to-electrify sectors. With proprietary technologies, strong government and industrial partnerships, and policy tailwinds, the firm is poised to lead the U.S. transition to green hydrogen at scale. While we acknowledge the potential of PLUG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Wall Street Journal
21-06-2025
- Business
- Wall Street Journal
A Battery That Lasts 50% Longer Is Finally in Production
It's an unlikely technology, developed in an unlikely place, at an unlikely time. Ion Storage Systems' novel solid-state batteries were inspired by hydrogen fuel-cell technology. The company's high-energy-density batteries are now in production in a factory in Beltsville, Md. And though the U.S. is pulling back on investments in many energy technologies, a key backer is the Energy Department.
The Independent
04-06-2025
- Business
- The Independent
Napa Valley town that once rode out emergencies with diesel gets a clean-power backup
For residents of this quaint tourist town on the northern edge of Napa Valley, the threat of wildfire is seldom out of mind. The hillside bears burn scars from a 2020 fire that forced all of Calistoga to evacuate, and the 2017 Tubbs fire that killed 22 people in wine country started just a few miles from downtown. When fire danger required shutting off transmission lines that might spark a blaze, the town relied on a bank of generators in a popular recreation area that belched choking diesel exhaust and rumbled so loudly it drove people away. But now Calistoga is shifting to a first-of-its-kind system that combines two clean-energy technologies — hydrogen fuel cells and batteries — for enough juice to power the city for about two days. Experts say the technology has potential beyond simply delivering clean backup power in emergencies; they say it's a steppingstone to supporting the electric grid any day of the year. As the system was undergoing its final tests in late May in an area that includes a dog park, ball fields, community garden and bike trail, residents said they were grateful to be guaranteed clean energy year-round. Lisa Gift, a resident who also serves on the city council, noted Calistoga is already grappling with climate change that is fueling more intense and frequent wildfires. 'Continuing to depend on fossil fuels was simply not sustainable,' Gift said. "That's what excited me about this. It's a clean and reliable energy solution that ensures the safety and resilience of our community.' Energy Vault, an energy storage company based in California, built the new facility that was to come online in early June. Next year, it could be exporting power to the electric grid whenever needed once its application to fully connect is approved. The installation sits next to where Pacific Gas & Electric used to set up nine mobile generators every year from late spring through fall. Behind a chain-link fence stand six hydrogen fuel cells standing two stories tall made by Plug Power in New York. Water vapor wafted from one of the fuel cells being tested as The Associated Press got an exclusive tour of the site as it was in final testing. Shipping containers hold two pairs of Energy Vault's lithium-ion batteries. Nearby, a cinder block wall surrounds a massive, double-walled steel tank that holds 80,000 gallons (302,833 liters) of extremely cold liquid hydrogen that gets converted to gas to run the fuel cells. Utility was searching for a cleaner solution California utilities, especially PG&E, have had to pay large settlements over igniting wildfires. PG&E began cutting power at times to reduce fire risk in 2018, one of California's deadliest and most destructive wildfire years. It ships diesel generators to about a dozen towns to provide backup power during those periods. Calistoga, the largest with about 5,000 people, has had its power shut off 10 times. When generators ran, they spewed exhaust with harmful nitrogen oxides, carbon dioxide and soot. PG&E considered replacing Calistoga's diesel generators with a natural gas version that would pollute less, but opted instead for Energy Vault's fully clean solution, said Dave Canny, the utility's vice president for the North Coast Region. Energy Vault CEO Robert Piconi said other communities, military bases and data centers could all use something similar, but potential customers wanted to see it function first. 'There's a massive proof point with this project,' he said. 'I think it'll have a lot of implications for how people think about alternative, sustainable solutions." The fuel cell maker, Plug Power, is planning for these types of products to be its main business in a decade. Energy Vault said it's buying clean hydrogen, produced with low or no greenhouse gas emissions, to run the fuel cells in Calistoga. 'This solution is just beautiful," said Janice Lin, founder and president of the Green Hydrogen Coalition, a nonprofit that advocates for green hydrogen projects to combat climate change. "No noise, no emissions. And it's renewable. It's dumping diesel.' A year-round clean system brings comfort Calistoga caters to tourists with a main thoroughfare that emphasizes local shops, restaurants, tasting rooms and art galleries over franchise stories. Residents pride themselves on a smalltown vibe, and say Calistoga isn't posh like much of the rest of Napa Valley. Some of those residents were concerned at first about the hydrogen, which is flammable and can be explosive. Fire Chief Jed Matcham said the 'very, very large tank' got his attention, too. He collaborated with Energy Vault on emergency planning and training, and said he's comfortable with the safety measures in place. Energy Vault's batteries also come with alarms, detectors and piping to extinguish a fire. The next time PG&E turns off the power to the area to prevent wildfires, it will tell Energy Vault when it's safe to electrify Calistoga. The batteries will get things back up and running, discharging the energy stored inside them to the local microgrid. Then the hydrogen fuel cells will take over to generate a steady level of power for a longer period. By working in tandem — the company likened it to the way a hybrid vehicle works — the batteries and fuel cells are expected to keep the lights on for about 48 hours or longer. Clive Richardson, who owns downtown's Calistoga Roastery and can typically be found behind the counter, drinking coffee and chatting with customers, said people in Calistoga get on edge when the winds kick up. And he knows what it's like to have to empty out his store when power goes out — a big hit for a small-business owner. A year-round clean solution for emergency power gives him a measure of comfort. 'This will give us far more security than we had before,' he said. 'It's fantastic that it's come. Here we are, little ol' Calistoga, and we've got the first-of-a-kind system that hopefully will be endorsed and go all over the world.' ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
