J.P. Morgan Remains On The Sidelines For Plug Power - Here's Why
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2025
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Source: Benzinga
Analyst Rating and Financial Performance: J.P. Morgan analyst Bill Peterson maintains a Neutral rating on Plug Power, Inc., which reported revenues of $191.5 million, falling short of expectations, alongside customer warrant charges of $22.7 million.
Future Outlook: Despite current cash flow challenges, Peterson anticipates moderate growth for Plug Power in 2025 driven by increased demand and cost-cutting measures, while investors can consider exposure through hydrogen-focused ETFs.
Analyst Views on HYDR
Wall Street analysts forecast HYDR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HYDR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
