Plug Power에 대한 매도 수량은 투자자에게 Plug Power의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Plug Power (NASDAQ:PLUG) 주식, 공매도 수량 보고

Plug Power

Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

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PLUG

플러그 파워(NASDAQ:PLUG)가 기대하던 16억 6천만 달러 규모의 미국 에너지부(DOE) 대출을 확보했다. JP모건의 애널리스트 빌 피터슨(Bill Peterson)은 이 조치가 제2기 도널드 트럼프 정부 하에서의 잠재적 취소에 대한 &#34;투자자들의 우려를 완화할 가능성이 높다&#34;고 분석했다. 

플러그 파워의 &#39;장기 백스톱&#39;은 여기에 있지만, 실행이 중요: 분석가

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NARI

PAYX

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SWTX

이들 11개 중형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 이나리 메디컬(NASDAQ:NARI)의 주식은 스트라이커(NYSE:SYK)이 주당 80달러 또는 약 49억 달러의 지분 가치를 제시하며 회사를 인수하기로 합의한 후 53.07% 급등했다.

플러그 파워, 카프리 및 프론트라인은 지난주 최대 상승한 중형주 (1월 6일-10일)

미국 재무부가 45V 생산 세액 공제에 대한 최종 가이드를 발표하여 더 친환경적인 수소 미래를 위한 기반을 마련했다. JP모건의 애널리스트 빌 피터슨(Bill Peterson)에 따르면, 이 오랫동안 기다려온 규정들은 중단된 프로젝트를 재개하고 수소 산업을 다시 활성화할 수 있으며, 플러그 파워(NASDAQ:PLUG)가 혜택을 받을 수 있는 기업들 중 하나이다. 월요일 플러그 파워의 주가는 약 20% 급등 마감했다.

수소 산업의 청신호: 플러그 파워가 혜택을 받고 상승할까?

Plug Power Inc

Plug Power's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NYSE">PLUG</a>) short percent of float has risen 16.39% since its last report. The company recently reported that it has 238.46 million shares sold short, which is 26.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.94 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Plug Power Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738162968_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Plug Power has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Plug Power's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Plug Power's peer group average for short interest as a percentage of float is 9.70%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Plug Power's Recent Short Interest

Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares are trading lower on Monday. Seaport Global analyst Tom Curran downgraded the rating from Neutral to Sell and <a href="https://www.benzinga.com/quote/PLUG/analyst-ratings" target="_blank" rel="noreferrer noopener">announced a price forecast of $1</a>.
In the September update on the clean hydrogen sector, the analyst flagged two issues: low post-FID activity and overall pipeline skewed excessively towards supply.
Since then, news from North America and Europe, PLUG&#8217;s two main markets and accounts for 93% of 2024 revenue, has been negative, says the analyst.
Also Read: <a href="https://www.benzinga.com//node/43242360">Jensen Huang Mania Mirrors Taylor Swift: People Are Camping Outside Retailers For Nvidia 5000 Series GPUs</a>
In particular, in the U.S., President Trump&#8217;s &#8220;Unleashing American Energy&#8221; executive order has prompted a 90-day review of the DOE&#8217;s H2Hubs program, leaving much of the $8 billion in grants unallocated and putting funding at risk, writes the analyst.
Moreover, Curran says that Agency for the Cooperation of Energy Regulators (ACER) warned the EU may miss its 2030 strategic goal of 20Mt of renewable H2 consumption and projects face risks from uncertainties of future H2 demand and increased costs.
Additionally, Germany&#8217;s Vice Chancellor abandoned the Power Plant Security Act, after the coalition collapse, which might have backed the construction of 12.5GW of mainly H2-ready gas-fired plants, adds the analyst.
The analyst says that, on the energy front, PLUG&#8217;s North American hydrogen generation capacity will remain limited to 40TPD until Texas comes online in the second half of 2026, resulting in the company continuing to source an additional 25TPD externally.
In applications, PLUG appears to be narrowing its focus to material handling and stationary power, with plans to end its HYVIA joint venture.
Consequently, Curran lowered the estimates, now forecasting 2023A-26E top line CAGR of just 7%, with negative gross margins until the second quarter of 2026.
Today, the company disclosed that it enhanced its liquidity by approximately $30 million on January 24, 2025, by transferring the Federal Investment Tax Credit (ITC) to a major investor with a proven <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g43223832/plug-power-boosts-liquidity-with-30-million-federal-investment-tax-credit-transfer" rel="noreferrer noopener">history of acquiring similar credits</a>.
This ITC transfer marks Plug&#8217;s first use of the transferability provisions under the Inflation Reduction Act (IRA) of 2022 and is one of the first transactions involving hydrogen storage and liquefaction assets.
Investors can gain exposure to the stock via&nbsp;Global X Hydrogen ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYDR#NASDAQ">HYDR</a>) and ETF Series Solutions Defiance Next Gen H2 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDRO#NYSE">HDRO</a>).
Price Action: PLUG shares are down 7.21% at $1.93 at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43063743/plug-powers-longer-term-backstop-is-here-but-execution-is-key" target="_blank" rel="noreferrer noopener">Plug Power&#8217;s &#8216;Longer-Term Backstop&#8217; Is Here, But Execution Is Key: Analyst</a></li>
</ul>
Photo via Shutterstock.

Equities

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Financing

Price Target

ETF Series Solutions Defiance Next Gen H2 ETF

HDRO

HYDR

Plug Power's Outlook Dims, Analyst Downgrades Stock On Hydrogen Policy Risks And Limited Capacity Growth

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Seaport Global analyst Tom Curran downgraded the rating for Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) from Neutral to Sell and announced a $1 price target. Plug Power shares closed at $2.08 on Friday. <a href="https://www.benzinga.com/quote/PLUG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Ryan Macwilliams downgraded RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) from Overweight to Equal-Weight and lowered the price target from $45 to $37. RingCentral shares closed at $34.65 on Friday. <a href="https://www.benzinga.com/quote/RNG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Terence Flynn downgraded the rating for Intellia Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTLA#NASDAQ">NTLA</a>) from Overweight to Equal-Weight and lowered the price target from $56 to $11. Intellia Therapeutics shares closed at $10.99 on Friday. <a href="https://www.benzinga.com/quote/NTLA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Andrew Andersen downgraded RLI Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) from Buy to Underperform and lowered the price target from $95 to $61. RLI shares closed at $72.48 on Friday. <a href="https://www.benzinga.com/quote/RLI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Nicholas Campanella downgraded Public Service Enterprise Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>) from Overweight to Equal-Weight. Public Service Enterprise shares closed at $88.05 on Friday. <a href="https://www.benzinga.com/quote/PEG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying RNG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="573" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27080704/image-205-1024x573.png" alt="" class="wp-image-751144" style="width:427px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27080704/image-205-1024x573.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27080704/image-205-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27080704/image-205-768x430.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27080704/image-205.png 1110w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Pre-Market Outlook

NTLA

This RingCentral Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday

Seaport Global analyst Tom Curran downgrades Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) from Neutral to Sell and announces $1 price target.

Seaport Global Downgrades Plug Power to Sell, Announces $1 Price Target

The $30 million ITC transfer represents Plug's first use of the transferability rules under the Inflation Reduction Act (IRA) of 2022 and is among one of the first transfer deals for hydrogen storage and liquefaction assets.

Plug Power Boosts Liquidity By $30 Million Through Transfer Of  Federal Investment Tax Credit On January 24, 2025, To A Major Investor

When JPMorgan analyst Bill Peterson spoke about the <a href="https://www.benzinga.com/topic/clean-energy">clean energy space</a> for 2025, his focus was on EVgo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) and Enovix Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) as top picks, citing their better positioning for growth and profitability despite looming policy challenges.
However, while those stocks stand out, what about ChargePoint Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) and Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>)? Are these other players in the clean energy field being unfairly overlooked? 
Let&#8217;s break it down.
<h2 class="wp-block-heading">EVgo: Powering Ahead With EV Charging</h2>
EVgo is being highlighted as a top pick due to its strong positioning in the electric vehicle (EV) charging infrastructure market. With a heavy reliance on public funding to help EV adoption and its extensive network of fast chargers, EVgo's growth is poised to accelerate. 
Despite policy uncertainties, Peterson believes EVgo's robust network and consistent earnings make it a standout for long-term growth.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43174889/nextera-energy-charging-into-q4-earnings-will-clean-energys-powerhouse-keep-its-momentum">NextEra Energy: Charging Into Q4 Earnings — Will Clean Energy&#8217;s Powerhouse Keep Its Momentum?</a>
<h2 class="wp-block-heading">Enovix: Capturing The EV Battery Revolution</h2>
Enovix, with its innovative battery technology, is another stock Peterson is bullish on. Enovix's next-generation lithium-ion batteries are expected to revolutionize the EV battery space, providing a much-needed solution to higher energy density and longer battery life for electric vehicles. 
As EV adoption increases, Enovix stands to benefit immensely from its cutting-edge technology, positioning it for significant market share growth.
<h2 class="wp-block-heading">ChargePoint: Under Pressure Amid Growth Slowdowns</h2>
ChargePoint, on the other hand, faces more significant challenges. Peterson's underweight rating stems from concerns about slowing growth in the EV charging market and its reliance on consumer behavior, specifically the willingness of drivers to adopt new chargers.
Additionally, with charging station installations possibly being slower due to evolving policy frameworks, ChargePoint may see a bumpy road ahead despite its strong infrastructure base.
<h2 class="wp-block-heading">Plug Power: Hydrogen&#8217;s Bumpy Ride</h2>
Plug Power, a leader in hydrogen fuel cell technology, has long been considered a potential game-changer in clean energy. However, Peterson's neutral rating reflects a more cautious outlook, as Plug Power is still dealing with a weak balance sheet and execution challenges. Even though hydrogen has bipartisan political support, Plug Power has yet to prove it can fully capitalize on the growing demand for clean hydrogen power. 
Without clearer paths to profitability and improved financial health, Plug Power might struggle to compete effectively against its rivals.
<h2 class="wp-block-heading">Final Verdict: EVgo, Enovix Lead The Charge</h2>
As we look ahead to 2025, EVgo and Enovix clearly have the edge according to JPMorgan's insights. While ChargePoint and Plug Power are still part of the conversation, their respective hurdles (slowing growth and execution risks) place them in a more precarious position. EVgo is benefiting from its solid charge point network, while Enovix holds the promise of transformative battery technology.
For investors looking at clean energy stocks for 2025, focusing on EVgo and Enovix may provide the best opportunities for growth. ChargePoint and Plug Power will need to overcome their respective challenges to become compelling buys in the future.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43063743/plug-powers-longer-term-backstop-is-here-but-execution-is-key">Plug Power&#8217;s &#8216;Longer-Term Backstop&#8217; Is Here, But Execution Is Key: Analyst</a></li>
</ul>

Tech

CHPT

ENVX

EVGO

EVgo, Enovix Shine, But What About ChargePoint, Plug Power? Clean Energy Analyst's Stock Picks For 2025

WIIM

BLNK

Shares of EV charging stocks are trading lower after President Trump revoked Biden's EV mandate.

Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) has locked in its much-anticipated $1.66 billion <a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/43042887/plug-power-stock-charges-higher-on-166b-department-of-energy-loan-the-details">Department of Energy loan</a>. JPMorgan analyst Bill Peterson believes that the move &#8220;likely eases investor concerns&#8221; about a potential cancellation under a second <a href="https://www.benzinga.com/topic/donald-trump">Donald Trump administration</a>.
While this milestone provides a &#8220;longer-term backstop&#8221; for Plug's green hydrogen ambitions, Peterson cautions that strong execution remains the key challenge over the next few years.
Read More: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/43042887/plug-power-stock-charges-higher-on-166b-department-of-energy-loan-the-details">Plug Power Stock Charges Higher On $1.66B Department Of Energy Loan: The Details</a>
<h1 class="wp-block-heading">Texas Takes The Lead</h1>
Plug's Texas plant is expected to be the first in line for construction, with an anticipated 45 tons per day production capacity. 
Peterson highlights &#8220;Texas appears to be positioned well to produce lower-cost green hydrogen with limited capex burden.&#8221; He highlights looser 45V guidance, a favorable wind power purchase agreement, and Plug's own electrolyzers and liquefaction technology as key catalysts.
With some infrastructure already in place, construction is set to resume in the next couple of months. Plug is targeting its first drawdown from the loan within three months, which could serve as the next non-earnings catalyst for the stock. The company is also in talks with strategic investors, including international players, to bolster funding.
<h1 class="wp-block-heading">The Bigger Picture: Can Plug Deliver?</h1>
While the DOE loan is a positive development, Peterson notes &#8220;the broader green hydrogen ecosystem is still likely to ramp slowly.&#8221; 
He acknowledges supply and demand being in their infancy and heavily reliant on subsidies as key factors. Investors will now turn their attention to Plug's ability to improve margins, grow its customer base, and achieve positive cash flow.
&#8220;Execution will be key,&#8221; Peterson emphasizes, as the company navigates the challenges of scaling up in an emerging industry.
Shares reacted positively to the news, climbing 5% in after-hours trading. However, Peterson warns that volatility may persist. Some investors could still harbor concerns about a potential clawback of the loan, even if the probability is minimal.
Beyond Texas, Plug is eyeing an expansion of its Georgia plant, doubling its output from 15 to 30 tons per day. Future projects in Arizona, Nevada and the Midwest are also under consideration. However, Peterson believes securing sufficient offtake and cost-competitive production will be critical hurdles.
For Plug Power, securing funding was just one hurdle — the real test begins now.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42814331/hydrogens-green-light-moment-will-plug-power-up">Hydrogen&#8217;s Green Light Moment: Will PLUG Power Up?</a></li>
</ul>
Photo: Shutterstock

Plug Power's 'Longer-Term Backstop' Is Here, But Execution Is Key: Analyst

Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares are trading higher in the after-hours session Thursday after the green hydrogen company announced a loan guarantee from the <a href="https://www.benzinga.com/pressreleases/25/01/g43041452/plug-closes-loan-guarantee-from-the-u-s-department-of-energy">U.S. Department of Energy (DOE)</a>.
What Happened: Plug Power said it&nbsp;closed on a&nbsp;$1.66 billion&nbsp;loan guarantee from the DOE&#8217;s&nbsp;Loan Programs Office&nbsp;(LPO) that will help finance the construction of up to six projects to produce and liquify zero- or low-carbon hydrogen at scale throughout the U.S.
&#8220;Finalizing this loan guarantee with the Department of Energy represents a significant step in the expansion of our domestic manufacturing and hydrogen production capabilities, which create many high-quality jobs throughout the U.S.,&#8221; said Andy Marsh, CEO of Plug Power.
&#8220;In addition to reducing carbon emissions and enhancing the resilience of the U.S. energy grid, we believe the hydrogen economy aligns closely with national security interests, ensuring that the U.S. remains at the forefront of energy technology development and deployment on a global scale.&#8221;
Plug noted in the press release that its current hydrogen generation network has a liquid hydrogen production capacity of approximately 45 tons per day.
Susquehanna analyst Biju Perincheril maintained Plug with a <a href="https://www.benzinga.com/analyst-stock-ratings">Neutral rating</a> on Thursday and raised the price target from&nbsp;$2&nbsp;to&nbsp;$2.50. 
PLUG Price Action: Plug Power shares were up 3.65% in after-hours, trading at $2.84 at the time of publication Thursday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/contracts/25/01/43002631/plug-power-lands-3-gw-electrolyzer-deal-for-agas-plant-in-australia-details">Plug Power Lands 3 GW Electrolyzer Deal For AGA&#8217;s Plant In Australia: Details</a></li>
</ul>
Photo: Courtesy of Plug Power.

Government

Contracts

After-Hours Center

Plug Power Stock Charges Higher On $1.66B Department Of Energy Loan: The Details

Ratings for Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Plug Power, revealing an average target of $4.46, a high estimate of $18.00, and a low estimate of $1.40. This current average has decreased by 28.75% from the previous average price target of $6.26. 
<img src="https://www.benzinga.com/files/images/story/2025/1737064836_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Plug Power among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$2.50</td>
<td>$2.00</td>
</tr>
<tr>
<td>Amit Dayal</td>
<td>HC Wainwright &amp; Co.</td>
<td>Lowers</td>
<td>Buy</td>
<td>$5.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>George Gianarikas</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Hold</td>
<td>$2.00</td>
<td>$2.25</td>
</tr>
<tr>
<td>Eric Stine</td>
<td>Craig-Hallum</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Michael Blum</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$2.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$1.40</td>
<td>$1.60</td>
</tr>
<tr>
<td>James West</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$4.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>George Gianarikas</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Hold</td>
<td>$2.25</td>
<td>$2.50</td>
</tr>
<tr>
<td>Amit Dayal</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$18.00</td>
<td>$18.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Plug Power. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Plug Power compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Plug Power's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Plug Power's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PLUG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Plug Power analyst ratings.</a>
<h2>Get to Know Plug Power Better</h2>
Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
<h3>Financial Insights: Plug Power</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Plug Power's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -12.57%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Plug Power's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -121.55%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Plug Power's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -7.02%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Plug Power's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -4.44%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Plug Power's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.31.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Plug Power Through 9 Analysts

The loan guarantee will help finance the construction of up to six projects to produce and liquify zero- or low-carbon hydrogen at scale throughout the United States. Plug's Graham, Texas, green hydrogen plant, the first to benefit from this financing, will create hundreds of high-quality jobs.

Plug Power Closes $1.66B Loan Guarantee From US Department Of Energy; Loan Guarantee Supports Company's Domestic Hydrogen Production Plant Buildout

Susquehanna analyst Biju Perincheril maintains Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) with a Neutral and raises the price target from $2 to $2.5.

Susquehanna Maintains Neutral on Plug Power, Raises Price Target to $2.5

Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) has secured a purchase&nbsp;agreement with Allied Green Ammonia (AGA) to supply 3 GW of electrolyzer capacity for AGA&#8217;s green <a target="_blank" href="https://www.benzinga.com//node/42997926" rel="noreferrer noopener">hydrogen-to-ammonia plant in Australia.</a>
To support the plant, AGA plans to construct a 4.5 GW solar facility that will power Plug&#8217;s electrolyzers with clean, zero-emission energy, producing green hydrogen for green ammonia.
With the agreement finalized, Plug will develop a Basic Engineering and Design Package (BEDP) detailing critical technical and engineering specifications to attract investors and secure financing.
Upon a positive Final Investment Decision, expected by the second quarter of 2025, Plug aims to start manufacturing and delivering Proton Exchange Membrane electrolyzers in the first quarter of 2027.
AGA&#8217;s project, one of the largest green ammonia facilities globally, is designed to produce 2,700 metric tons per day of green ammonia. This output will cater to growing demand from customers in Asia and Europe across sectors like agriculture, energy storage, transportation, and industry.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42814331/hydrogens-green-light-moment-will-plug-power-up" rel="noreferrer noopener">Hydrogen&#8217;s Green Light Moment: Will PLUG Power Up?</a>
&#8220;Ammonia producers are recognizing the substantial advantages of cost and carbon reduction through electrolysis-based hydrogen. We&#8217;re thrilled to partner with Allied Green Ammonia, a leader in global green ammonia production. Together, we&#8217;re not only advancing green ammonia production but actively supporting the global transition to a net-zero emissions future,&#8221; commented Andy Marsh, CEO of Plug.
Price Action: PLUG shares are trading higher by 6.02% at $2.82 premarket at the last check Wednesday.
Photo via Shutterstock.

Plug Power Lands 3 GW Electrolyzer Deal For AGA's Plant In Australia: Details

This agreement will see Plug supplying three gigawatts (GW) of electrolyzer capacity to AGA's state-of-the-art green hydrogen-to-ammonia plant, currently under development in Australia.
AGA will install a 4.5 GW solar plant to power the Plug electrolyzers with zero emission clean electricity. The green hydrogen produced will be used to make green ammonia.

Plug Power Enters Purchase Agreement With Allied Green Ammonia For Mega 3 GW Electrolyzer System

These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Inari Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NARI#NASDAQ">NARI</a>) shares jumped 53.07% after Stryker Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>) agreed to acquire the company for $80 per share or equity value <a href="https://www.benzinga.com//node/42841672" target="_blank" rel="noreferrer noopener">of approximately $4.9 billion</a>.</li>
<li>Unifirst Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) stock escalated 29.58% after the company <a href="https://www.benzinga.com//node/42878530" target="_blank" rel="noreferrer noopener">reported first-quarter results</a>.</li>
<li>Plug Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) stock gained 23.18% last week after the U.S. Treasury unveiled its final guidance on the 45V Production Tax Credit, setting the stage for a <a href="https://www.benzinga.com/topic/hydrogen" target="_blank" rel="noreferrer noopener">greener hydrogen future</a>. Plug Power stands to benefit.</li>
<li>Paycor HCM, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) shares rose 20.77% after the company disclosed a deal to be fully acquired by Paychex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) in an all-cash transaction representing an <a href="https://www.benzinga.com//node/42855388" target="_blank" rel="noreferrer noopener">enterprise value of around $4.1 billion</a>.</li>
<li>MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) shares upped 20.50%.</li>
<li>SpringWorks Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWTX#NASDAQ">SWTX</a>) gained 19.18% last week amid rumors of takeover interest.</li>
<li>Frontline Plc&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) stock grew 17.29%, probably after President-elect Donald Trump said he would reverse President Biden&#8217;s ban on offshore drilling.</li>
<li>Guardant Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GH#NASDAQ">GH</a>) shares rose 15.53%. The company announced that the Shield Multi-Cancer Detection Test was selected for <a href="https://www.benzinga.com//node/42842047" target="_blank" rel="noreferrer noopener">the National Cancer Institute&#8217;s Vanguard Study</a>.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) shares increased 15.40%.</li>
<li>Capri Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) stock grew 15.04% amid reports suggesting Prada may be a potential buyer for Capri&#8217;s Versace.</li>
<li>Equinox Gold Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EQX#AMEX">EQX</a>) stock rose 14.88%. The company reported producing 213,960 ounces of gold in the fourth quarter <a href="https://www.benzinga.com//node/42888339" target="_blank" rel="noreferrer noopener">and 621,870 ounces in 2024</a>.</li>
</ol>
Photo courtesy Plug Power
Read next:
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<li><a href="https://www.benzinga.com/news/large-cap/25/01/42934713/walgreens-boots-alliance-aurora-innovation-and-delta-air-lines-are-among-top-large-cap-gainers-last-week-jan-6-10-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Walgreens Boots Alliance, Aurora Innovation And Delta Air Lines Are Among Top Large Cap Gainers Last Week (Jan 6-10): Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/news/large-cap/25/01/42934826/mobileye-palantir-tech-and-affirm-are-among-top-large-cap-losers-last-week-jan-6-10-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Mobileye, Palantir Tech And Affirm Are Among Top Large Cap Losers Last Week (Jan 6-10): Are The Others In Your Portfolio?</a></li>
</ul>

Plug Power, Capri And Frontline Are Among Top Mid Cap Gainers Last Week (Jan 6-10): Are The Others In Your Portfolio?

Plug Power's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NYSE">PLUG</a>) short percent of float has risen 8.93% since its last report. The company recently reported that it has 212.69 million shares sold short, which is 23.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Plug Power Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736535617_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Plug Power has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Plug Power's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Plug Power's peer group average for short interest as a percentage of float is 6.00%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Plug Power?

U.S. stocks were higher, with the Dow Jones index gaining over 200 points on Monday.
Shares of fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) rose sharply during Monday's session after the company announced it entered into a definitive agreement for Disney to combine its Hulu with Fubo to form a <a href="https://www.benzinga.com/25/01/42816545/fubotv-and-disney-near-merger-to-create-second-largest-digital-tv-provider-shares-soar-report">virtual MVPD company.</a>
fuboTV shares jumped 140% to $3.4501 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) surged 21.7% to $23.18 after the company announced it raised $86 million in funding for December and $167 million for 2024.</li>
<li>Paycor HCM, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) gained 21.5% to $22.52. Needham analyst Scott Berg reiterated Paycor HCM with a Buy and maintained a $20 price target.</li>
<li>Vuzix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VUZI#NASDAQ">VUZI</a>) surged 21.4% to $5.33.</li>
<li>Amprius Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) rose 19% to $3.9000.</li>
<li>SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) gained 18.3% to $18.08 after the company revealed plans for 2025 including layoffs of approximately 400 employees and other spending reduction measures.</li>
<li>Ceragon Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNT#NASDAQ">CRNT</a>) rose 16.8% to $5.53.</li>
<li>LanzaTech Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNZA#NASDAQ">LNZA</a>) gained 16% to $1.9500.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) surged 14% to $19.96.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) rose 11% to $36.97.</li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) gained 10.5% to $99.29.</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares rose 10.5% to $2.9100.</li>
<li>BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) gained 9% to $4.0124.</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) shares gained 8.8% to $20.71.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) rose 8% to $291.92.</li>
<li>Capri Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) rose 7.9% to $21.88 after BMO Capital upgraded the stock from Market Perform to Outperform and raised its price target from $25 to $31.</li>
<li>Asana, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) rose 7.8% to $22.24 after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $19 to $27.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) gained 6.9% to $14.19.</li>
<li>Teradyne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TER#NYSE">TER</a>) surged 6.2% to $138.79 after Northland Capital Markets upgraded the stock from Market Perform to Outperform and raised its price target from $117 to $154.</li>
</ul>
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AMPX

ASAN

COIN

CRNT

FUBO

LNZA

PATH

QUBT

RGTI

SEDG

SERV

SMCI

VUZI

FuboTV, Serve Robotics, SolarEdge Technologies And Other Big Stocks Moving Higher On Monday

The U.S. Treasury has unveiled its final guidance on the 45V Production Tax Credit, setting the stage for a <a href="https://www.benzinga.com/topic/hydrogen">greener hydrogen future</a>. 
According to JPMorgan analyst Bill Peterson, these long-awaited rules could unlock stalled projects and reinvigorate the hydrogen industry, with Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) among the companies standing to benefit.
<h2 class="wp-block-heading">Flexibility To Fuel Growth</h2>
The Treasury's revisions address three critical pillars of green hydrogen: additionality, time matching and deliverability. Projects now have a three-year window to connect clean energy sources to hydrogen plants, providing much-needed flexibility. Clean energy definitions have also expanded and now include select nuclear reactors and renewable methane pathways.
Crucially, the inclusion of retired-but-revived nuclear reactors aligns with Plug Power's advocacy during the public comment period.
In a significant shift, hydrogen producers have been granted an additional two years before strict hourly time matching rules take effect in 2030. This phased approach reflects the challenges of integrating nascent renewable infrastructure and offers producers a smoother transition.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42250648/plug-power-evgo-among-jpmorgans-top-sustainable-picks-for-2025">Plug Power, EVgo Among JPMorgan&#8217;s Top Sustainable Picks For 2025</a>
<h2 class="wp-block-heading">Plug Power's Strategic Position</h2>
While Peterson views the guidance as a net positive for Plug Power, the near-term impact remains muted. The company's 2025 revenue growth will continue to rely on backlog orders and international projects. 
However, the updated rules could accelerate U.S.-based electrolyzer growth beyond 2026, a key focus area for Plug Power's expansion.
The stock's muted reaction suggests that investors had largely priced in these revisions. Going forward, sentiment will likely hinge on PLUG's ability to secure Department of Energy loans and execute margin improvements.
<h2 class="wp-block-heading">Looking Ahead</h2>
The 45V guidance removes uncertainty, but the path to green hydrogen dominance will require patience and execution. Plug Power's future hinges on scaling its electrolyzer business and capitalizing on these policy changes.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42541811/fuelcell-energy-fcel-short-squeeze-contrarian-options-trade">Options Corner: FuelCell Energy Could Attract Short-Squeeze Speculation</a></li>
</ul>
Photo via Shutterstock

Hydrogen's Green Light Moment: Will PLUG Power Up?

U.S. stock futures advanced on Monday after ending their <a href="https://www.benzinga.com/government/regulations/25/01/42796485/goodbye-santa-rally-tesla-falters-on-deliveries-investors-flee-bonds-ahead-of-trumps-second-term-this-week-in-the-market">losing </a>streak on Friday. Futures of all four major indices rose in premarket trade.
This is yet another truncated week as the U.S. stock markets will remain closed for former President Jimmy Carter&#8217;s &#8220;National Day of Mourning&#8221; on Thursday, Jan. 9.
The 10-year and two-year Treasury notes yielded 4.61% and 4.27%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025 decision was at 90.9%, according <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> CME Group&#8217;s FedWatch tool.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.70%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.42%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.04%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.10%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.42% to $594.44 and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.74% to $522.40, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Following a five-day <a href="https://www.benzinga.com/government/regulations/25/01/42796485/goodbye-santa-rally-tesla-falters-on-deliveries-investors-flee-bonds-ahead-of-trumps-second-term-this-week-in-the-market">decline</a>, the longest such streak since April, Wall Street experienced a strong rebound on Friday. Investor confidence returned, driving a surge in market activity. All major indices saw positive returns, with the Nasdaq 100 leading the gains. This broad-based market strength was evident across all S&amp;P 500 sectors.
Furthermore, the latest ISM Manufacturing PMI data surpassed forecasts, indicating a stronger-than-expected manufacturing sector in December. This marks the second month in a row of manufacturing expansion.
U.S. automakers experienced significant price actions following the release of fourth-quarter delivery numbers. The consumer discretionary sector outperformed the consumer staples. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.77%</td>
<td>19,621.68</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.26%</td>
<td>5,942.47</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.80%</td>
<td>42,732.13</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.72%</td>
<td>2,268.47</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
The chief market strategist at Carson Research, Ryan Detrick highlighted in an X post that the average annual returns have been higher 64.7% times in the years that saw the stocks decline on the first or the last day of the year.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 down the last trading day of the year and first day of the following year? Happened the past 3 years actually and &#39;23 and &#39;24 both did fine. I wouldn&#39;t ever invest in just this, but interesting given all the talk about recent weakness. <a href="https://t.co/OOnujvo8YR">pic.twitter.com/OOnujvo8YR</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1876045782622896341?ref_src=twsrc%5Etfw">January 5, 2025</a></blockquote>
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</figure>
The economic week ahead is chockful of labor market indicators for November and December. Ed Yardeni of Yardeni Research said, &#8220;We&#8217;re expecting them to beat expectations. As long as corporate earnings continue to reach new record highs, companies are likely to hire more workers and increase real wages.&#8221;
&#8220;The Q4-2024 earnings reporting season is about to start, led by the big banks. We expect that during their conference calls, company managements will discuss how AI may be starting to boost their productivity. In effect, they&#8217;ll be trying to convince investors that every company is now a technology company either producing AI hardware and software or using them,&#8221; added Yardeni.
Talking further about earnings, Louis Navellier of Navellier and Associates said, &#8220;Stocks, thankfully, trade on earnings prospects, and those remain solid. The tech giants steering the market generate massive cash flows and are affected little by interest rate levels.&#8221;
&#8220;The AI potential is very real in terms of promising major productivity gains, though that may come from meaningful reductions in employment needed to get the same functions accomplished,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Several important data points will be released in this truncated week that will help investors determine the future course of action.
<ul>
<li>On Monday, S&amp;P&#8217;s final U.S. services PMI for December will be announced at 9:45 a.m., ET.</li>
<li>November's factory orders data will be released at 10:00 a.m., ET.</li>
<li>On Tuesday, Richmond Fed President Tom Barkin will be speaking at 8:00 a.m., ET.</li>
<li>U.S. trade deficit data for November will be released at 8:30 a.m., ET.</li>
<li>ISM services data for December and job openings data for November will be announced at 10:00 a.m., ET.</li>
<li>On Wednesday, December&#8217;s ADP employment data will be released at 8:15 a.m., ET.</li>
<li>The minutes of the Fed&#8217;s December FOMC meeting will be released at 2:00 p.m., ET.</li>
<li>Consumer credit data for December will be announced at 3:00 p.m., ET.</li>
<li>On Thursday, initial jobless claims till Jan. 4 will be announced at 8:30 a.m., ET.</li>
<li>Wholesale inventories data for November will be released at 10:00 a.m., ET.</li>
<li>On Friday, the U.S. employment report, unemployment rate, and hourly wages data for December along with hourly wages year over year will be released at 8:30 a.m., ET.</li>
<li>The preliminary consumer sentiment data for January will be announced at 10:00 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) was 1.87% up in premarket as Wall Street is expecting its CEO Jensen Huang to deliver a keynote address on Monday night at CES 2025. His comments will be important for the semiconductor and AI chip space.</li>
<li>Robotics stocks like Nauticus Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) were up 95.26%, Richtech Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) was up 30.81%, Microbot Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBOT#NASDAQ">MBOT</a>) was up 58.81% and Arbe Robotics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBE#NASDAQ">ARBE</a>) was up 16.73% ahead of CES 2025.</li>
<li>Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) was up 7.98% following the Biden administration&#8217;s announcement of new rules allowing some nuclear power plants to qualify for tax credits when producing clean hydrogen.</li>
<li>General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) was up 1.26% and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) was up 1.42% after reporting strong 2024 sales. Both carmakers&#8217; sales grew by over 4% for the year, which marked their highest overall sales since 2019.</li>
<li>Cerence Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNC#NASDAQ">CRNC</a>) was up 20.43% after it announced an extension to its partnership with technology giant Nvidia. It is expected to boost their family of CaLLM language models, including their cloud-based automotive language model.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were lower in the early New York session by 0.04% to hover around $73.93 per barrel.
The gold spot index was down by 0.37% to $2,644.81 per ounce. The Dollar Index was down 0.32% to 108.606 level.
Asian markets were mostly lower on Monday as Hong Kong&#8217;s Hang Seng, Japan&#8217;s Nikkei 225, India&#8217;s S&amp;P BSE Sensex and China&#8217;s CSI 300 index declined. Whereas, in Australia&#8217;s ASX 200, South Korea&#8217;s Kospi index ended higher. European markets were mixed.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/42808796/foxconn-posts-record-revenue-rides-high-on-ai-server-demand-and-nvidia-partnership">Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand, And Nvidia Partnership</a></li>
</ul>
Photo courtesy: Wikimedia

Market Summary

Futures

Economics

Federal Reserve

ARBE

CRNC

KITT

MBOT

NVDA

US Stocks To Open Higher In Yet Another Truncated Week: Nvidia, Robotic Stocks In Focus Ahead Of CES 2025

U.S. stocks were higher, with the Dow Jones index gaining over 300 points on Friday.
Shares of Mission Produce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) rose sharply during today's session after the company reported <a href="https://www.benzinga.com/news/earnings/24/12/42605747/mission-produce-shares-grow-after-strong-q4-results-details">better-than-expected fourth-quarter sales results.</a>
Mission Produce reported quarterly earnings of 28 cents per share and quarterly revenue of $354.4 million, which beat the analyst consensus estimate of $220.4 million.
Mission Produce shares jumped 22.3% to $15.07 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Humacyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>) shares jumped 55.2% to $5.37 after the company announced FDA approval for SYMVESS for treating extremity vascular injuries. HC Wainwright &amp; Co. raised its price target on the stock from $12 to $15.</li>
<li>Personalis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNL#NASDAQ">PSNL</a>) gained 32% to $6.94 after the company and Moderna recently announced a multi-year extension to continue utilizing the Personalis ImmunoID NeXT platform and technology for V940/mRNA-4157. The company also announced an investment from Merck.</li>
<li>Enovix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) gained 22% to $9.80 as the company shipped first EX-2M samples to mobile phone customers.</li>
<li>Clearwater Paper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) surged 21.2% to $29.96.</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) gained 20.2% to $8.99.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 20% to $18.17. In an exchange filing dated December 20, Quantum Computing has registered up to 8.96 million shares for resale by selling stockholders.</li>
<li>BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) surged 20% to $3.58 as the company posted upbeat quarterly earnings.</li>
<li>IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) gained 15.5% to $ 43.63. Craig-Hallum analyst Richard Shannon maintained IonQ with a Buy and raised the price target from $22 to $45.</li>
<li>Sirius XM Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) rose 10% to $22.59. Warren Buffett acquired 4.96 million Sirius XM shares at an average price of $21.60.</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) gained 9.7% to $2.5248.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) rose 9% to $2.8650.</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) gained 6.6% to $13.93.</li>
<li>Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) gained 4.7% to $47.47 after Berkshire Hathaway increased its stake in the company.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rose 2.1% to $133.38. The European Commission on Thursday announced it approved the proposed acquisition of Run:ai Labs by NVIDIA.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42616304/top-3-risk-off-stocks-that-may-collapse-this-month">Top 3 Risk Off Stocks That May Collapse This Month</a></li>
</ul>

Intraday Update

HUMA

IONQ

LCID

PSNL

RIVN

SIRI

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Press Releases

PLUG TO BROADCAST 2024 PLUG SYMPOSIUM ON NOVEMBER 13, 2024

Earnings

Plug Power Announces Key Strategic Milestones and Continued Margin Improvement in Third Quarter 2024

Plug Power Hosts 2024 Plug Symposium

Clear Street Launches Equity Research Group

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