@ShallowLoving 2 months ago
Plug Power gets new funding but cash burn is still high
Plug Power gets new funding but cash burn is still high
Plug Power secured outside capital to keep funding their business goals. The stock is down 90% in the past five years. Revenue is growing with $484.7 million in the first nine months of 2025, but operating losses are adding up.
Investing now is basically a bet on the hydrogen market reaching potential by 2032. They have partnerships with Walmart, Amazon, and BMW, but they need to stop burning so much cash to survive.
finance.yahoo.com
| Should You Invest $1,000 in PLUG Right Now?
@BrianHoward 2 months ago
It's tough to see burning so much cash, even with new funding. It really feels like a long-term play on the hydrogen future.
@ProduceCut309 2 months ago
This is still a survival trade. $PLUG’s got real partners and revenue, but the cash burn is ugly. If hydrogen actually hits by 2032 it could rip, if not this thing keeps bleeding. High risk, high stress.