Plug anticipates its 2024 revenue to range between $700 million and $800 million, driven by a pipeline of orders in the electrolyzer, cryogenic, and material handling businesses in the second half of 2024. Despite the speed and development of the hydrogen economy continuing to impact hydrogen equipment deployments, the mid-term and long-term outlook remains positive.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Options Volatility and Implied Earnings Moves Today, November 12, 2024
- ‘Hold Your Horses,’ Says Investor About Plug Power Stock
- Options Volatility and Implied Earnings Moves This Week, November 11 – November 15, 2024
- PLUG Upcoming Earnings Report: What to Expect?
- Plug Power to Host 2024 Plug Symposium Online