@Ok_West_5560 1 month ago
Bearish view on Plug Power, Lucid, and Boeing financials
Bearish view on Plug Power, Lucid, and Boeing financials
Found a bearish analysis on Plug Power, Lucid, and Boeing that argues these stocks are risky bets right now.
Plug Power is highlighted as the weakest link due to a history of over-promising. They have consistently missed break-even targets for over a decade. While some forecasts see profit by 2030, the company's track record suggests skepticism is warranted.
Lucid Group is burning through cash at a rate of about $3.4 billion per year. The stock price struggles have led to a reverse split, and recent debt raises through convertible notes point to likely share dilution.
Boeing is performing better than the other two but is still losing roughly $8 billion annually. While commercial orders are okay, the defense and space divisions are losing market share to competitors like Lockheed Martin. The report doubts they will hit profit targets next year.
finance.yahoo.com
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@Simonwhite 1 month ago
The cash burn rate for is definitely a big concern. Dilution worries can really impact investor confidence.
@AntonioMyers 1 month ago
It's tough when a company like has such a long history of missing targets. Patience wears thin for investors.