But since then, the stock has continued to decline. If we analyse the chart of Plug Power Stock, then the price of the stock was going down for many years, but in the beginning of the year 2021, there was a huge jump in the stock, and the price of the stock reached up to $40. This year, the net profit of the company is $-720 million, which is more than its total revenue. Five years ago, the total revenue of the company was $100 million, while this year's revenue has increased to $700 million.īut the company has to invest a lot of money to increase its revenue, resulting in a net loss year after year. In the last five years, there has been a tremendous jump in the revenue of the plug-power company. Plug Power Company Total Revenue and Net Profit This Year? Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey".
They sell and continue to develop fuel cell product solutions to replace lead acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, and associated hydrogen storage and dispensing infrastructure form which multiple products are available. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell system used primarily for the material handling and stationary power market. About of Plug Power IncĪccording to website "Plug Power Inc. Here we will try to analyze the potential of Plug Power stock in the long term.īut before Plug Power stock's future price forecast, let us have a look at the company's business model and financial details. Our Plug Power stock price forecast is based on a deep technical analysis and the past performance of Plug Power stock. If you are looking for the Plug Power stock price prediction or finding the potential of the Plug Power stock, this price forecast can be helpful for you.
Plug Power Stock Price Prediction 2025, 2030, 2035, 2040, 2050 for future? Is Plug Power Stock a good investment for long-term? Is a good time to buy Plug Power Stock?
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