Plug Power Inc
PLUG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$7.00 | Hgyq | Zvr |
Plug Power Earnings: Continued Focus on Buildout of Hydrogen Plants and Scaling Manufacturing
We maintain our $14 per share fair value estimate for no-moat Plug Power following its first-quarter results. We continue to view shares as attractive for investors looking to capitalize on the growth potential of hydrogen, albeit with a high risk-reward (as underpinned by our Very High Uncertainty Rating).