JP Morgan analyst shared takeaways from conference hosted for Plug Power. Talks focused on demand outlook, cost-saving initiatives, financial roadmap. New administration may support Texas DOE loan, but timeline unclear. Revenue guidance lowered due to macro headwinds and policy uncertainty. Electrolyzers are expected to be the top revenue driver in 2025.
Latest Ratings for PLUG
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Canaccord Genuity | Maintains | Hold | |
| Mar 2022 | JP Morgan | Maintains | Overweight | |
| Mar 2022 | RBC Capital | Maintains | Outperform |
