Plug Power's 2025 Bet On Electrolyzers—J.P. Morgan Sees Growth But Stays Conservative
1. PLUG's revenue guidance lowered to $700-$800 million due to macro headwinds. 2. Analyst notes potential support for Plug's Texas DOE loan if approved. 3. Electrolyzers projected to be major revenue driver by 2025, with cautious growth. 4. Project Quantum Leap aims to cut annual expenses by $150-$200 million. 5. PLUG secured a contract from Southwire to implement a clean hydrogen ecosystem.