Where Will Plug Power Be in 3 Years?
You may not see hydrogen fueling stations popping up in your neighborhood, but this doesn't mean that enthusiasm for the power source is nonexistent. Research from Global Market Insights suggests that the global hydrogen industry was valued at $204.5 billion in 2024 and will grow to $603.3 billion in 2034.Recognizing the potential for massive industry growth, hydrogen investors are paying close attention to Plug Power (NASDAQ: PLUG), a leader in fuel cells and hydrogen production -- especially since management characterizes 2025 as a "transformational year." Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »But what exactly does management mean by that and where does it see the company heading in the short term?Before looking ahead, it's good to look at Plug's previous prognosticationsWhile some companies will provide modest expectations about how their businesses will grow and then outdo their own pr...