Plug stock has soared recently, but improvements in the middle of the income statement could send the stock into the stratosphere.

Plug Power ( PLUG -4.79% ) stock has been on a true tear over the last six months. While the S&P 500 index is up 17%, Plug stock has skyrocketed 58% during the same period.

But investors who think Plug Power's overachieving stock price of late precludes it from further gains would be greatly mistaken. There's reason to believe that Plug stock can absolutely go parabolic by the end of 2027.

Project Quantum Leap can push Plug closer to profitability

Plug has succeeded at growing its revenue over the past decade. From 2015 through 2024, the company grew sales at a 22.2% compound annual growth rate . The bottom of the income statement, however, t

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