Plug Power shares are trading higher after the company announced targets ahead of its Analyst Day event. The company is targeting $1.4 billion in revenue in 2023 and annual sales of $20 billion by 2030.
Portfolio Pulse from Benzinga Newsdesk
Plug Power shares are trading higher following the announcement of its ambitious targets ahead of its Analyst Day event. The company aims to achieve $1.4 billion in revenue by 2023 and annual sales of $20 billion by 2030.
June 12, 2023 | 4:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Plug Power shares are trading higher after announcing revenue targets of $1.4 billion for 2023 and $20 billion annual sales by 2030.
The announcement of ambitious revenue targets ahead of the Analyst Day event has led to an increase in Plug Power's share price. Investors are likely to view these targets as a sign of the company's growth potential, which could drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100