At the time of writing, Plug Power Inc [PLUG] stock is trading at $1.81, up 2.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLUG shares have gain 5.23% over the last week, with a monthly amount drifted -33.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Plug Power Inc [NASDAQ: PLUG] stock has seen the most recent analyst activity on January 27, 2025, when Seaport Research Partners downgraded its rating to a Sell but kept the price target unchanged to $1 for it. Previously, BTIG Research downgraded its rating to Neutral on November 14, 2024. On April 05, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $2 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $4.50 on February 06, 2024. UBS downgraded its rating to a Neutral but $4.75 remained the price target by the analyst firm on February 06, 2024. Seaport Research Partners downgraded its rating to Neutral for this stock on February 06, 2024. In a note dated January 31, 2024, ROTH MKM upgraded an Buy rating on this stock and boosted its target price from $4.50 to $9.
For the past year, the stock price of Plug Power Inc fluctuated between $1.57 and $4.90. Currently, Wall Street analysts expect the stock to reach $2.05 within the next 12 months. Plug Power Inc [NASDAQ: PLUG] shares were valued at $1.81 at the most recent close of the market. An investor can expect a potential return of 13.26% based on the average PLUG price forecast.
Analyzing the PLUG fundamentals
According to Plug Power Inc [NASDAQ:PLUG], the company’s sales were 659.50M for trailing twelve months, which represents an -12.57% plunge. Gross Profit Margin for this corporation currently stands at -0.93% with Operating Profit Margin at -1.65%, Pretax Profit Margin comes in at -2.14%, and Net Profit Margin reading is -2.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is -0.48 and Total Capital is -0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7367 points at the first support level, and at 1.6633 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8667, and for the 2nd resistance point, it is at 1.9233.
Ratios To Look Out For
It is important to note that Plug Power Inc [NASDAQ:PLUG] has a current ratio of 2.08. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 2.56, the price to book ratio is 0.53.
Transactions by insiders
Recent insider trading involved MCNAMEE GEORGE C, Director, that happened on Nov 01 ’24 when 10000.0 shares were sold. Officer, MSSB C/FGEORGE C MCNAMEEIRA RO completed a deal on Nov 01 ’24 to buy 10000.0 shares. Meanwhile, Director MCNAMEE GEORGE C sold 10000.0 shares on Aug 01 ’24.
