Plug Power Stock Prediction (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Plug Power Fundamentals, Financial, Businesses and more

Have you come to know about Plug Power Stock Prediction or it’s share analysis? If yes, then you are in the right place.

In this article we are going to do a detailed Analysis of Plug Power share. So stay tuned till the end of this article, let’s get started.

Plug Power is an American company which has been incurring losses for the last few years. So it comes to the point whether it would be right to invest in it or not. By the way, if you look at the company in the long term, it can come in profit. So let us first know a little about Plug Power Limited company.

About Plug Power

Plug Power is an American company which was founded in 1997 and is based in Latham, New York. The company is specializes in the development of hydrogen fuel cell systems that are applied to power electric vehicles and other operations. Currently the company is providing work force to more than 900 peoples, which is good.

The company’s fuel cell systems are designed to give effective and reliable power for a variety of applications, including material handling equipment, stationary power, and backup power. Plug Power’s fuel cells are powered by hydrogen, which is stored in tanks and converted into electricity through a chemical reaction with oxygen from the air.

Plug Power’s fuel cell systems have been took up by a number of large companies in the material handling industry, including Walmart, Amazon, and Home Depot. has also partnered with a number of other companies to develop and deploy fuel cell systems for other operations, such as powering delivery vans and refrigerated trucks.

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Plug Power Financial Trends

If we talk about the Revenue and Profit of Plug Power Limited then –

Its revenue in 2019 has been $175 Million and profit is $-78.11 Million . There was a revenue of $230 Million in 2020 and a profit of $-85.47 Million . In the same 2021, there was a profit of $-596 Million with a revenue of $-93.24 Million . And this year i.e. in 2022 there has been a profit of $-460 Million with a revenue of $502 Million.

Plug Power Stock Prediction 2023, 2024, 2025, 2026, 2030 Table

Year	Minimum Price (USD)	Maximum Price (USD)
Plug Power Stock Prediction 2023	15.10	15.40
Plug Power Stock Prediction 2024	16.80	17.20
Plug Power Stock Prediction 2025	19.50	20
Plug Power Stock Prediction 2026	24	25
Plug Power Stock Prediction 2027	29	31
Plug Power Stock Prediction 2028	36	38
Plug Power Stock Prediction 2029	46	50
Plug Power Stock Prediction 2030	60	70

Plug Power Stock Prediction 2023

At one time the price of this company used to be more than 1000 usd and today it is trading around 10 usd. Due to the deteriorating fundamentals of the company, its stock is seeing a decline. So we can see plug power stock prediction 2023 for 15.10 USD and 15.40 USD.

Year	Plug Power Stock Prediction/Plug Power Stock Forecast
2023	$15.10 – $15.40

Plug Power Stock Prediction 2025

The fundamentals of plug power are very weak and are becoming more and more weak. Currently the P/E ratio of the company is -12.3, while its EPS is -1.21 and ROE is -15.70%. And it is not considered good to have negative fundamentals of such a company. If the company pays attention to improving its fundamentals, then a little movement in its share price will be seen and otherwise not.

Considering these, the Plug Power Stock Prediction 2025 will be 19.50 USD and maximum price can be 20 USD. So we will not see much growth till 2025 because its fundamentals are very bad.

Year	Plug Power Stock Prediction/Plug Power Stock Forecast
2025	$19.50 – $20

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Plug Power Stock Prediction 2030

Plug Power’s financial are as bad as its fundamentals because it is incurring losses from several years. This caused a loss of 460 million by 2022, which is not a good thing. Keeping this in mind, Plug Power Stock Prediction 2030 will be 60 USD and maximum price can goes upto 70 USD.

Year	Plug Power Stock Prediction/Plug Power Stock Forecast
2030	$60 – $70

Is Plug Power a good investment?

Looking at its fundamentals and financials, it can be guessed that investing in it will not be right now. Because it is getting loss after loss, so until the company does not come in profit, it will not see good growth.

Same if we look at the 6 month returns of the company then it is -46% and in the last one year it has given returns of -33%. So it is your decision whether to invest in it or not, and if you want a little more information then watch the given video.

Conclusion

I hope you would have enjoyed reading Plug Power Stock Prediction 2023, 2024, 2025, 2026, 2030 and also got to know something. If possible, share this article as much as possible.

If you want invest in the share market without any knowledge or just by looking at the share price prediction then do not do this. It is not possible to predict the stock market, so looking at any such target, you cannot find out the potential of any stock. There are many reasons behind the rise and fall of shares, so invest with proper knowledge.

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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.