Key Highlights:
- Plug Power's Q1 revenue surpasses expectations despite an EPS miss.
- Analysts foresee a potential 175.16% upside in share price, indicating significant growth potential.
- GuruFocus estimates suggest a substantial increase in the stock's GF Value by 510.89% within a year.
Plug Power Inc. (NASDAQ: PLUG) recently reported its first-quarter earnings with a notable dichotomy in performance. While the company posted a GAAP EPS of -$0.21, slightly missing analysts' expectations by $0.02, it reported an impressive 11.1% increase in revenue year-over-year, reaching $133.67 million and surpassing market predictions by $1.88 million. Looking ahead, Plug Power is optimistic about its 2025 Q2 revenue, projecting between $140 million and $180 million. Strategic initiatives are underway to improve margins and accelerate the global roll-out of its GenEco electrolyzer platform.
Wall Street Analysts Forecast
Wall Street remains optimistic about Plug Power's future, with an average 12-month price target set at $2.49 by 22 analysts. This presents a significant potential upside of 175.16% from its current trading price of $0.90, with the projections ranging from a high of $7.00 to a low of $0.75. For a more comprehensive view, visit the Plug Power Inc (PLUG, Financial) Forecast page.
The consensus from 26 brokerage firms rates Plug Power Inc. as a "Hold" with an average recommendation score of 3.0 on a scale where 1.0 equates to a Strong Buy and 5.0 indicates a Sell.
GuruFocus Valuation Insights
According to GuruFocus's proprietary metrics, Plug Power's estimated GF Value is pegged at $5.52 over a one-year horizon. This suggests a compelling potential upside of 510.89% from its current price of $0.9036. The GF Value metric evaluates a stock's fair market value based on its historical trading multiples and anticipated performance. For a detailed exploration of these insights, please refer to the Plug Power Inc (PLUG, Financial) Summary page.
