Plug Power Stock Outperforms Broader Market as Analysts Forecast Strong Growth Ahead
• Plug Power (PLUG) stock rose 0.15% on latest close, outpacing S&P 500, Dow, and Nasdaq • Analysts expect Plug Power to post Q4 EPS of -$0.32 and revenue of $173.97 million • For full year, estimates are -$0.97 EPS and $1.03 billion revenue, growth of +57.83% and +15.04% • Positive estimate revisions are a sign of optimism about Plug Power's outlook • Plug Power currently has a Zacks Rank of #3 (Hold) in the Manufacturing – Electronics industry, a top 20% industry