Go to the list of all blogs
Anna G's Avatar
published in Blogs
Mar 03, 2021
TickeronGET DAILY SIGNALS
Plug Power (PLUG, $44.66) gets rating upgrade from JP Morgan.

Plug Power (PLUG, $44.66) gets rating upgrade from JP Morgan.

Hydrogen fuel cell company Plug Power  got a rating boost from JP Morgan. .

Analyst Paul Coster raided his rating on the shares to overweight from neutral, and kept his price target at $65 per share. Coster mentioned in an investors’ note that that he was taking advantage of recent volatility to upgrade the company. According to him, the stock is “attractively priced at present, ahead of potential positive catalysts."

Last week, the company announced its partnership with South Korea's SK Group on a $1.6 billion capital investment to boost hydrogen fuel cells as an alternative energy source in Asian markets. 

“We are adjusting 2021-2022 estimates with this note to reflect our latest thinking regarding the pace of investment activity associated with the firm’s initiatives in Europe and South Korea," the analyst wrote.

"On revisiting the model, we believe we previously underestimated the amount and pace of investment that PLUG will be making over the next two years in pursuit of nascent market opportunities."

 

Related Ticker: PLUG

PLUG in upward trend: price expected to rise as it breaks its lower Bollinger Band on October 12, 2026

PLUG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 29 of 35 cases where PLUG's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 83%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for PLUG's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 46 of 66 cases where PLUG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 70%.

The Moving Average Convergence Divergence (MACD) for PLUG just turned positive on October 28, 2026. Looking at past instances where PLUG's MACD turned positive, the stock continued to rise in 40 of 49 cases over the following month. The odds of a continued upward trend are 82%.

Following a +3.65% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLUG advanced for three days, in 164 of 207 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLUG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

The Aroon Indicator for PLUG entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is 15 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of 39 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.278) is normal, around the industry mean (3.083). P/E Ratio (-1.034) is within average values for comparable stocks, (11.408). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.910). Dividend Yield (0.000) settles around the average of (0.082) among similar stocks. P/S Ratio (3.593) is also within normal values, averaging (9.055).

The Tickeron Price Growth Rating for this company is 87 (best 1 - 100 worst), indicating slightly worse than average price growth. PLUG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is 99 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PLUG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.

Notable companies

The most notable companies in this group are Bloom Energy Corp (NYSE:BE), Plug Power (NASDAQ:PLUG), FuelCell Energy Inc (NASDAQ:FCEL), GrafTech International Ltd (NYSE:EAF).

Industry description

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

Market Cap

The average market capitalization across the Electrical Products Industry is 4.68B. The market cap for tickers in the group ranges from 750 to 205.24B. CYATY holds the highest valuation in this group at 205.24B. The lowest valued company is EDYYF at 750.

High and low price notable news

The average weekly price growth across all stocks in the Electrical Products Industry was 8%. For the same Industry, the average monthly price growth was -13%, and the average quarterly price growth was -27%. ULBI experienced the highest price growth at 157%, while POLA experienced the biggest fall at -30%.

Volume

The average weekly volume growth across all stocks in the Electrical Products Industry was -12%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was -5%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 45
P/E Growth Rating: 53
Price Growth Rating: 69
SMR Rating: 84
Profit Risk Rating: 87
Seasonality Score: -24 (-100 ... +100)
View a ticker or compare two or three
PLUG
Daily Signal:
Gain/Loss:
Interact to see
Advertisement
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a developer of fuel cell technology and solutions

Industry ElectricalProducts

Industry
Electronic Components
Address
125 Vista Boulevard
Phone
+1 518 782-7700
Employees
2582
Web
https://www.plugpower.com
Interact to see
Advertisement
The Bitwise Solana Staking ETF (BSOL) advanced roughly 18% over the trailing 30 days, closely tracking a sharp rally in Solana (SOL). The move extends a broader recovery, with BSOL up approximately 77% over the past three months from its mid-2026 trough.
MSTY is an actively managed single-stock option income ETF (exchange-traded fund) that writes call options on Strategy (MSTR), formerly MicroStrategy, to generate current income. The portfolio is anchored by U.S. Treasury bills and MSTR option contracts rather than a diversified basket of equities, concentrating exposure in one volatile underlying.
AMDL has surged roughly +64% over the past 30 days, from about $47.59 to $78.10, mirroring a powerful rally in its sole underlying stock, AMD . The fund is a leveraged single-stock ETF (exchange-traded fund) designed to deliver 2x the daily return of AMD, amplifying both gains and losses.
TSMX, a 2x daily leveraged single-stock ETF (exchange-traded fund), rose roughly +19% over the trailing 30 days, rebounding sharply from mid-September lows. The fund seeks 200% of the daily return of TSM (Taiwan Semiconductor Manufacturing), meaning its moves are roughly double the underlying stock's daily swings.
Contracted revenue anchor: A roughly $3.2 billion, seven-year LNG (liquefied natural gas) supply agreement with Puerto Rico has received final approval, providing multi-year cash-flow visibility if execution stays on track. Project pipeline inflection: Upcoming milestones include the Barcarena and PortoCem power plants in Brazil, a potential Gás Sul terminal restart, and optimization of the company's modular "Fast LNG" (FLNG) liquefaction fleet.