This constant bashing has brought an old image to my mind that most here are likely too young to recall or remember: The amount of unrelenting and continuing bashing of PLUG by a few makes me distrust their motive. I do suggest investors read the transcript and the Investor Letter and make up your own mind based on that. I hope going forward the comments will become less one sided and we can have some beneficial discussions. Instead I'm looking at the potential going forward, and that is very big indeed. I have no interest nor do I wish to take the time to refute what to me is many overly negative views. Now it is more like politics with people taking sides, much to our detriment IMO. There use to be more of a civil discussion about pros and cons which I've always valued. The volume of negative comments about PLUG seems to have reached an all time high.

'The lady doth protest too much, methinks' This dynamic, along with our green hydrogen plant commissioning, gives us increasing confidence to exit 2023 with breakeven margins in the fuel segment,' President and CEO Andrew Marsh said. 'We are seeing a decrease of 15% for the prices paid for the bulk of our third-party hydrogen in the first quarter of 2023 and expect this downward trend to continue in the balance of the year if natural gas continues to drop.

The company forecasts $2.1B in sales and 25% gross margin for FY 2024, $3.3B in revenues and 30% gross margin for 2025, and $5B in sales and 30% gross margin for 2026. Plug ( PLUG) reaffirmed guidance for FY 2023 revenues of $1.4B, slightly above the $1.36B analyst consensus, and 10% gross margin, as its new gigafactory begins cranking out hydrogen production gear. Q4 gross margin was negative 36% compared to negative 54% in the year-earlier quarter. Plug Power ( NASDAQ: PLUG) -3.3% post-market Wednesday after reporting a larger than forecast Q4 adjusted loss while revenues rose 36% Y/Y to $221M but came in short of analyst expectations.

Plug power stock 5 year forecast