I'm absolutely thrilled about the potential I see in Plug Power $Plug Power(PLUG)$
The analyst upgrade from H.C. Wainwright, with Amit Dayal raising the price target to $7 from $3, really caught my attention. I love how he's pointing to rising electricity prices, expanding nuclear energy, and AI-driven power demand as key tailwinds. For me, this validates the hype, and I feel like Plug is poised to ride this wave. Even with a short interest still at 32.5%, the possibility of a short squeeze could push this rally even further, which gets me excited about the upside potential.
Despite Plug underperforming on earnings for 20 straight quarters, I'm not too worried. I see this as a company that's investing heavily in the future, and sometimes that means short-term sacrifices for long-term gains. I believe the market is starting to recognize the bigger picture here, and I'm confident that the green hydrogen and AI synergy will pay off. It's a bold bet, but I'm all in on believing in this turnaround story.
Right now, I'm thinking about holding tight and maybe even adding to my position if the momentum continues. The analyst's raised target gives me a clear benchmark to watch, and with the short squeeze potential, I feel like there's still room to grow. It's a thrilling time to be invested in something like this, and I can't wait to see how it plays out over the next few months.
Overall, I'm super bullish on Plug Power. The combination of market trends and analyst support has me convinced this could be a big winner.
As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
We are still in the beginnings of a short squeeze.
Plug will be $10 or better by 2026.