If You'd Invested $1,000 in Plug Power Stock 3 Years Ago, Here's How Much You'd Have Today

Charging out of the gate, Plug Power (NASDAQ: PLUG) stock has soared nearly 15% to start 2025. It's undeniably a welcome sight, considering the S&P 500 (SNPINDEX: ^GSPC) has inched 2% higher during the same time, and the stock's performance was far less encouraging in 2024.While the hydrogen and fuel cell stock has rocketed higher over the past few weeks, investors who have maintained positions in Plug Power over the past three years are still waiting for the stock to recover from what has been a vastly disappointing performance.In January 2022, enthusiasm for Plug Power's future was rampant. During an investor presentation, management stated a 2022 revenue goal of $900 million to $925 million and goals for 2025 of $3 billion in revenue and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin. The numbers charged up investors' excitement, as Plug had reported $502 million revenue and an EBITDA margin of -82% for 2021.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool