Take a look at Plug's Q2 2021 performance, guiding to achieve $500 in full-year gross bookings.Plug issued FY 2022 sales guidance of $825M-$850M, a ~65% increase over 2021 and above $759M analyst consensus estimate, and forecasts 2025 sales of $3B. Plug Power's revenue expanded by +13 QoQ from 144 million in Q3 2021 to 162 million in the most recent quarter, as indicated in the company's Q4 2021 shareholder letter.The company forged a partnership with renewable green hydrogen producer Lhyfe to jointly develop green hydrogen generation plants across Europe.

Morgan Stanley says it expects to see a strong focus on Plug's product gross margins this quarter, given ongoing supply chain issues, and are forecasting a 23% product gross margin in Q3, up from a low of 20% in Q2 2021.View analysts price targets for PLUG or view top-rated stocks among Wall Street analysts. This suggests a possible upside of 174.8 from the stocks current price. On average, they expect the companys stock price to reach 17.61 in the next twelve months. Earnings ESP: Plug Power has an Earnings ESP of +1.08 as the Most Accurate Estimate is pegged at a loss of 24 cents, less than the Zacks Consensus Estimate of a loss of 25 cents.

Plug Power ( PLUG) recently pushed to its best level since March, as Morgan Stanley says the stock is a buy ahead of earnings. Their PLUG share price forecasts range from 7.50 to 31.00.

Revenue estimates have seen 12 upward revisions and 3 downward.

Over the last 3 months, EPS estimates have seen 1 upward revision and 13 downward.

Over the last 1 year, PLUG has beaten EPS estimates 25% of the time and has beaten revenue estimates 100% of the time.

The consensus EPS Estimate is -$0.08 (-100.0% Y/Y) and the consensus Revenue Estimate is $144.82M (+35.4% Y/Y).

Plug Power (NASDAQ: PLUG) is scheduled to announce Q3 earnings results on Tuesday, November 9th, after market close.

Plug power q3 earnings 2021