Plug Power Analyst Says Loan Commitment De-Risks Hydrogen Stock
Plug Power Analyst Says Loan Commitment De-Risks Hydrogen Stock
Plug Power Inc (NASDAQ:PLUG) shares were climbing on Tuesday, just days after the company reported disappointing first-quarter results.
Plug Power Inc（纳斯达克股票代码：PLUG）周二股价攀升，就在该公司公布令人失望的第一季度业绩几天后。
The company announced a long-awaited loan commitment from the U.S. Department of Energy (DOE), which comes at a time when investors were concerned about the need to secure dilutive financing amid slow margin improvements, according to JPMorgan.
摩根大通表示，该公司宣布了美国能源部（DOE）一项期待已久的贷款承诺，当时投资者担心在利润率增长缓慢的情况下需要获得稀释性融资。
The Plug Power Analyst: Bill Peterson maintained a Neutral rating for Plug Power.
插头电源分析师：比尔·彼得森维持插头电源的中性评级。
The Plug Power Thesis: The company said it had received a conditional loan commitment of up to $1.66 billion from the DOE's Loan Programs Office to finance as many as six green hydrogen plants, Peterson said in the note.
Plug Power 论文：彼得森在报告中说，该公司表示，它已从美国能源部贷款计划办公室获得高达16.6亿美元的有条件贷款承诺，为多达六座绿色氢能发电厂提供资金。
Check out other analyst stock ratings.
查看其他分析师股票评级。
If Plug Power is able to successfully satisfy the conditions, the loan could be finalized in the third or fourth quarter, the analyst stated. The loan commitment is a "key de-risking event" that could "help reaccelerate growth if finalized," he added.
分析师表示，如果Plug Power能够成功满足条件，贷款可能会在第三或第四季度完成。他补充说，贷款承诺是一个 “关键的去风险事件”，“如果最终确定，可能有助于重新加速增长”。
There are several near-term catalysts for Plug Power, including the loan approval, project-level funding approval, margin improvements across its segments in the second half of the year, and "final 45V tax credit guidance," Peterson wrote.
彼得森写道，Plug Power有几种短期催化剂，包括贷款批准、项目层面资金批准、下半年各细分市场的利润率提高以及 “最终的45V税收抵免指导”。
"While the stock was up meaningfully pre-market on the de-risking event (we think as investors are covering shorts), we think Neutral PLUG could remain range-bound in the coming months with investors looking for signs of consistent margin improvement for the next several quarters," the analyst noted.
该分析师指出：“尽管该股因去风险事件而在盘前大幅上涨（我们认为投资者正在弥补空头），但我们认为Neutral PLUG在未来几个月内可能会保持区间波动，投资者正在寻找未来几个季度利润率持续提高的迹象。”
PLUG Price Action: Shares of Plug Power had risen by 26.44% to $3.65 at the time of publication on Tuesday.
PLUG价格走势：截至周二发布时，Plug Power的股价上涨了26.44％，至3.65美元。
Photo: Courtesy Plug Power
照片：由 Plug Power 提供
译文内容由第三方软件翻译。