Plug long after the correction (Under Valued by 30%)Tgt: 4.90 based on technicals
partial take profit: 4.52 intrinsic Value
Wallstreet Tgt: $3.1
Reason --> News: The Treasury Department issued new rules on Friday for companies trying to get tax breaks for making clean hydrogen — a fuel that could make some of the world's dirtiest industries "green."
Competitor alternative stock PSE:BLOOM , did not trade Bloom due to overvaulation
Info:
In the heart of the green energy revolution, Plug Power Inc. has carved out a niche as a pioneer and leader in hydrogen fuel cell technology. Founded in 1997, the company initially faced skepticism about hydrogen’s viability but persisted in developing robust solutions that harness the power of this abundantly available element. Plug Power's primary focus is on producing fuel cells that replace conventional batteries in equipment and vehicles powered by electricity. These fuel cells use hydrogen in an electrochemical process to create energy, where hydrogen combines with oxygen to produce electricity, with water as the only byproduct. This innovation is a game-changer in the push towards sustainable industrial applications, offering a cleaner alternative to fossil fuels without sacrificing performance.
Fuel Cell Systems
Hydrogen Infrastructure
Energy Services
Electrolyzers
Stationary Power
Fundamentals:
Long term future: Hold/Sell
Bad deal with Amazon selling products in loss
Pontential Revenue increase till 2027 and improvement
Cashflow: Negative over the next 10year so bad future coming
Gross Profit: Negative -612m
Revenue Growth: Negative
Net Income: Negtive -1.4B
Solvency: Long-term 50/50 (short term no worries)
Technicals:
Stock down 90% Big Picture
A jump after News and short-term correction
Getting recjected by VAH and Fib and almost VWAP
