H.C. Wainwright keeps USD 7.00 target for Plug Power stock
H.C. Wainwright has reiterated a Buy rating and a $7.00 price target for Plug Power stock, despite the stock trading near its 52-week low. This comes after Plug Power secured a 280 MW electrolyzer supply agreement with Arcadia eFuels and reported narrowed Q2 2026 net losses, although cash usage for operating activities remains high. The agreement also positions Plug as a preferred supplier for an additional 1 GW of electrolyzer capacity, highlighting future growth potential.
Plug Power stock trades at USD 1.90 against a USD 3.59 consensus target
Plug Power's stock recently traded at USD 1.90, despite a consensus analyst target of USD 3.59. The company reported Q2 2026 revenue of USD 178.3 million, a 2.5% increase year-over-year, and raised its full-year revenue growth guidance to 15-16%. While the company aims for positive EBITDAS by Q4 2026, it still faces a significant GAAP net loss and high operating cash burn.
A 6,121-share award brings Colin M. Angle's holdings in Plug Power (PLUG) to 159,223 shares.
Plug Power Inc. director Colin M. Angle was awarded 6,121 shares of common stock on October 1, 2026, as compensation under the company's Non-Employee Director Compensation Plan. The award, valued at $1.94 per share, increased his direct holdings to 159,223 shares. This information was detailed in a Form 4 SEC filing.
Plug Power (NASDAQ:PLUG) Earns Buy Rating from HC Wainwright
HC Wainwright reaffirmed its "buy" rating on Plug Power (NASDAQ:PLUG) and set a $7.00 price objective, suggesting a potential upside of 268.42%. Other analysts have mixed ratings, with an average "Hold" and a consensus target price of $3.59. The company recently reported better-than-expected earnings, with revenue up 2.5% year-over-year.
A director holds 264,782 shares directly after a compensation award at Plug Power (PLUG).
Plug Power Inc. director Patrick Joggerst received a compensation award of 11,598 shares of common stock on October 1, 2026, under the Non-Employee Director Compensation Plan. The shares were awarded at a price of $1.94 per share, bringing his direct holdings to 264,782 shares after this transaction. This information was disclosed in a Form 4 SEC filing.
After a stock award, Plug Power (PLUG) director Mark J. Bonney directly holds 283,772 shares.
Plug Power director Mark J. Bonney received 12,242 common shares as compensation on October 1, 2026, under the Non-Employee Director Compensation Plan. The award was valued at $1.94 per share. Following this transaction, Bonney directly holds 283,772 shares of Plug Power.
Plug Power (PLUG) Ties Up 1 GW Electrolyzer Role In Aviation Fuel Projects
Plug Power (PLUG) has secured a significant deal to supply over 1 GW of electrolyzers to Arcadia eFuels for future e-SAF (sustainable aviation fuel) projects, including a 280 MW order for Denmark's Project ENDOR. This partnership reinforces Plug Power's strategy to convert its international electrolyzer pipeline into large orders and is seen as a key step for the company's growth in the e-fuel sector. However, investors are advised to consider Plug Power's broader risk profile, including ongoing losses and liquidity concerns, despite the positive outlook from this agreement.
Form PRE 14A Plug Power Inc For: 1 October By Investing.com
This article announces the filing of Form PRE 14A by Plug Power Inc. on October 1st, as reported by Investing.com. It is a brief, factual notification of a regulatory filing. The content focuses solely on this announcement, with no further details provided within the main text.
Form PRE 14A Plug Power Inc For: 1 October By Investing.com
This article announces the filing of Form PRE 14A by Plug Power Inc. on October 1st. It is a brief report from Investing.com, typical of their financial market updates. The content includes market data, news headlines, and various financial tools provided by Investing.com.
Plug Power (PLUG) Increases Despite Market Slip: Here's What You Need to Know
Plug Power (PLUG) saw its stock price increase by 1.57% during the most recent trading day, closing at $1.94, outperforming the S&P 500. This comes despite a broader market slip and a recent monthly decline for PLUG shares. Investors are anticipating upcoming earnings, with projections indicating a significant increase in EPS and revenue compared to the previous year.
Plug Power Advances 4% on Electrolyzer Supply Agreement; Bloom Energy Sinks 3%, FuelCell Energy Treads Water
Plug Power's stock increased by 4% after securing a 280 MW electrolyzer supply agreement with Arcadia eFuels for a renewable hydrogen facility in Denmark, with potential for over 1 GW more. Meanwhile, Bloom Energy shares fell by 3% and FuelCell Energy's stock slightly decreased, as they did not have comparable project news. Investors are monitoring Plug Power's ongoing losses and cash burn, as well as the execution risks associated with its revenue recognition tied to project milestones.
Plug Power (PLUG) Increases Despite Market Slip: Here's What You Need to Know
Plug Power (PLUG) saw its stock increase by 1.57% during the most recent trading session, outperforming the S&P 500's daily loss. Despite this, the stock has decreased by 8.61% over the last month. Upcoming earnings projections show a significant EPS increase of 41.67% and revenue growth of 4.57% for the current quarter, with full-year estimates also showing strong growth.
Plug Power stock gets $7 target at H.C. Wainwright on electrolyzer deal
H.C. Wainwright reiterated a Buy rating and a $7.00 price target for Plug Power Inc. after the company announced a major electrolyzer supply agreement for Arcadia eFuels’ Project ENDOR in Denmark and secured a strategic agreement as a preferred supplier for four additional e-SAF projects. Despite this positive news, the company faces financial challenges, including quickly burning through cash and weak gross profit margins. InvestingPro indicates the stock is currently overvalued, yet other analysts like Craig-Hallum, Oppenheimer, and Canaccord Genuity have provided mixed ratings based on recent financial results and strategic developments.
Eos Energy Enterprises vs. Plug Power: Which Cutting Edge Energy Storage Stock Is a Better Buy in 2026?
This article compares Eos Energy Enterprises (EOSE) and Plug Power (PLUG), two energy storage companies, to determine which is a better investment in 2026. Eos focuses on zinc-based long-duration batteries, while Plug Power specializes in green hydrogen ecosystems. Both companies face significant financial challenges and competition, but Plug Power is suggested as the better long-term bet due to its lower price-to-sales ratio and more established customer base.
Why Is Plug Power Stock Gaining Tuesday? - Plug Power (NASDAQ:PLUG)
Plug Power's stock rose on Tuesday after the company announced a strategic partnership with Arcadia eFuels for over 1 gigawatt of electrolyzer projects, including a 280-megawatt supply deal for Arcadia's Project ENDOR in Denmark. The agreement also positions Plug as the preferred electrolyzer supplier for four additional projects. HC Wainwright analyst Amit Dayal reiterated a Buy rating on Plug Power with a $7 price target.
Plug Power stock gains on 280 MW electrolyzer deal with Arcadia
Plug Power Inc. shares rose after announcing a 280-megawatt electrolyzer supply agreement with Arcadia eFuels for Project ENDOR in Denmark. The deal also includes a strategic cooperation agreement, making Plug the preferred electrolyzer supplier for over 1 gigawatt of Arcadia eFuels' e-SAF projects across Europe and the Americas. Project ENDOR will use Plug electrolyzers to produce renewable hydrogen, which Arcadia eFuels will combine with captured carbon dioxide to create sustainable jet fuel.
Plug Power Inks Electrolyzer Deal for Denmark Jet Fuel Project
Plug Power Inc. has secured a deal to supply 280 megawatts of electrolyzers to Arcadia eFuels for its Project ENDOR in Denmark. This project aims to produce sustainable jet fuel using renewable grid power to create hydrogen. The agreement also establishes Plug Power as a preferred supplier for four additional Arcadia projects across Europe and the Americas.
Plug Power Signs 280 MW Electrolyzer Supply Agreement as Arcadia Partnership Targets More Than 1 GW of e-SAF Projects
Plug Power has secured a 280 MW electrolyzer supply agreement with Arcadia eFuels for its Project ENDOR in Denmark, aiming to produce renewable hydrogen for synthetic aviation fuel. This initial agreement is contingent on Project ENDOR reaching a final investment decision and notice to proceed. Furthermore, a strategic cooperation agreement positions Plug Power as the preferred electrolyzer supplier for four additional Arcadia projects, totaling over 1 GW of potential capacity.
Can Plug Power's Green Hydrogen Expansion Drive Sustainable Growth?
Plug Power is expanding its green hydrogen business with new projects and electrolyzer orders in the UK, Australia, New Zealand, Denmark, Portugal, and Spain, aiming for sustainable growth. Despite a history of high cash burn and negative gross margins, the company saw improved financial performance in Q2 2026 and is targeting revenue growth and positive EBITDA by Q4 2026. Its peers, FuelCell Energy and Bloom Energy, are also investing in clean energy and hydrogen technologies, while Plug Power's stock has underperformed the industry.
Plug Power stock gains on 280 MW electrolyzer deal with Arcadia
Plug Power (NASDAQ:PLUG) shares rose after announcing a 280-megawatt electrolyzer supply agreement with Arcadia eFuels for Project ENDOR in Denmark. This deal also includes a strategic cooperation agreement making Plug the preferred electrolyzer supplier for over 1 gigawatt of Arcadia eFuels' e-SAF projects across Europe and the Americas. The project will produce renewable hydrogen for sustainable aviation fuel, aligning with the EU's ReFuelEU Aviation mandate.
Plug Power's shares rise on electrolyzer deal with Arcadia eFuels (PLUG:NASDAQ)
Plug Power (PLUG) announced a deal to supply 280 megawatts of electrolyzers for Arcadia eFuels' sustainable aviation fuel project in Denmark, making it the preferred supplier for future projects. This agreement has led to a rise in Plug Power's shares, although sales are contingent on project approvals, financing, and construction milestones. European sustainable aviation fuel regulations could further boost Plug Power's market opportunities if these projects materialize.
Plug Power, Inc. $PLUG Stock Sold by Bank of America Corp DE
Bank of America Corp DE reduced its stake in Plug Power, Inc. by 31.4% in the second quarter of 2026, selling over 800,000 shares. Despite this, other major institutions like BlackRock and Renaissance Technologies increased their holdings, with institutional investors collectively owning 43.48% of the company. Plug Power, Inc. remains unprofitable but has exceeded quarterly revenue and EPS estimates, with analysts currently holding an average "Hold" rating.
What's Going On With Plug Power Stock Monday?
Plug Power Inc. shares are experiencing a marginal decline on Monday due to recent insider stock sales and executive turnover, specifically the resignation of COO Dean C. Fullerton and CSO Benjamin Haycraft's stock sale. Despite this, the company is seeing underlying support from international infrastructure developments, such as a 1-megawatt GenEco PEM electrolyzer shipment to New Zealand, and improved financial performance with near break-even gross margins and a raised full-year sales outlook for 2026.
Plug Power CSO Benjamin Haycraft sells $428,300 in shares
Benjamin Haycraft, Plug Power's CSO and General Manager of EMEA, sold 200,000 shares of PLUG stock for $428,300 on September 18, 2026, through a pre-arranged trading plan. The sale occurred at a weighted average price of $2.1415, while the stock currently trades lower at $1.98, with InvestingPro suggesting it's overvalued and volatile. Despite the insider sale, Plug Power recently surpassed Q2 2026 earnings expectations and raised its full-year sales outlook.
Plug Power (NASDAQ:PLUG) Raises Revenue Growth View As Hydrogen Project Wins Widen
Plug Power (NASDAQ:PLUG) has raised its revenue growth guidance for the current year, indicating improved financial health with gross margins nearing break-even and reduced cash burn. The clean-energy equipment maker also announced new hydrogen project wins in New Zealand and Australia, expanding its international footprint. These developments, coupled with supportive legislative sentiment in Washington, highlight a positive shift for the company within the volatile clean-energy sector.
State Street Corp Increases Holdings in Plug Power, Inc. $PLUG
State Street Corp increased its stake in Plug Power (NASDAQ:PLUG) by 6.1% in the second quarter, bringing its total holdings to 38.8 million shares. Other institutional investors like BlackRock and Handelsbanken Fonder AB also significantly increased their positions. Despite this increased institutional interest, analyst sentiment remains mixed, with an average "Hold" rating and a target price of $3.59, while the company continues to face challenges with deeply negative margins and a recent insider share sale.
Why Is Plug Power (NASDAQ:PLUG) Extending Its Hydrogen Reach Into New Zealand?
Plug Power (NASDAQ:PLUG) is expanding its international presence by delivering a GenEco electrolyzer to HWR Hydrogen in New Zealand, intended for a dual-fuel heavy-truck refuelling station. This move comes amidst a volatile market for clean energy stocks, influenced by elevated Treasury yields and inflation. The company's vertically integrated model and focus on green hydrogen for difficult-to-electrify sectors position it for future growth, despite current capital-intensive operations and reported losses.
Dean C. Fullerton to Resign as Plug Power COO, Effective Oct 23, 2026
Plug Power (PLUG) announced that its Chief Operating Officer, Dean C. Fullerton, will resign effective October 23, 2026. Fullerton is leaving to accept a position at another company, and his resignation is not due to any disagreement with Plug Power. His duties will be transitioned to several Executive Vice Presidents and Vice Presidents.
Plug Power Expands Hydrogen Footprint Across New Zealand and Australia with GenEco? Electrolyzer Delivery to HWR Hydrogen
Plug Power has expanded its hydrogen presence in New Zealand and Australia by shipping a 1 MW GenEco? PEM electrolyzer to HWR Hydrogen. This electrolyzer will be installed at HWR Hydrogen's refueling station in Invercargill, New Zealand, to produce hydrogen for their dual-fuel hydrogen-diesel heavy trucks. The initiative supports New Zealand's developing hydrogen ecosystem and aims to decarbonize heavy transport.
Plug Power Expands Hydrogen Footprint Across New Zealand and Australia with GenEco™ Electrolyzer Delivery to HWR Hydrogen
Plug Power has delivered a 1 MW GenEco™ PEM electrolyzer to HWR Hydrogen in New Zealand, expanding its hydrogen footprint in the region. This electrolyzer will produce hydrogen for HWR's dual-fuel heavy transport fleet at its Invercargill refueling station, supporting the decarbonization of heavy transport. The project is part of Plug Power's growing presence in Australia and New Zealand, where it is involved in various hydrogen production, refueling, and industrial decarbonization initiatives.
Plug Power Expands Hydrogen Footprint Across New Zealand
Plug Power has delivered a 1 MW GenEco™ PEM electrolyzer to HWR Hydrogen in New Zealand, expanding its presence in the region. This electrolyzer will produce hydrogen for HWR's dual-fuel heavy transport fleet and support the development of New Zealand's hydrogen ecosystem for decarbonization. The project highlights Plug's growing role in hydrogen production, refueling, and industrial decarbonization across Australia and New Zealand.
Plug Power (PLUG) Stock Falls Amid Market Uptick: What Investors Need to Know
Plug Power (PLUG) stock closed down 1.89% at $2.08, underperforming the S&P 500's gain. The alternative energy company has seen its shares fall 3.64% over the past month. Investors are looking forward to its upcoming earnings report, with an anticipated EPS of -$0.07 and revenue of $185.14 million for the quarter.
Bloom Energy Gains 4% as S&P 500 Entry Nears; FuelCell Energy Ticks Up, Plug Power Slips
Bloom Energy's shares rose 4% after confirmation of its S&P 500 inclusion, set for September 21, driving its stock to $268.99. This surge highlights its AI data center story, with FuelCell Energy also up slightly and Plug Power down, indicating the rally is specific to Bloom Energy rather than a broader hydrogen sector trend. Despite historical data suggesting inclusion premiums have diminished, the change in shareholder composition may reduce volatility for Bloom Energy.
What’s Putting Plug Power (NASDAQ:PLUG) In Focus Today?
Plug Power (NASDAQ:PLUG) is under scrutiny due to tighter financial conditions and selective small-company trading, impacting its hydrogen systems, project execution, financing, and clean-energy demand. The market is assessing how the company navigates cost pressures and high Treasury yields without losing strategic momentum. The article emphasizes that daily execution and demand resilience, rather than broad market slogans, will determine its performance in this volatile environment.
Insider Selling: Plug Power (NASDAQ:PLUG) Insider Sells $38,625.00 in Stock
Plug Power insider Benjamin Haycraft sold 18,750 shares of the company's stock for $38,625 on September 15th, reducing his stake by 5.86% to 301,249 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan. Despite reporting better-than-expected quarterly revenue, PLUG shares are trading near $2.05, below their moving averages, with a "Hold" consensus rating and an average price target of $3.59.
Plug Power (NASDAQ:PLUG) Insider Sells $29,553.40 in Stock
Plug Power insider Benjamin Haycraft sold 13,810 shares of the company's stock for $29,553.40, reducing his stake by 4.14%. This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan. Despite recent revenue growth and beating analyst expectations for earnings, the company remains unprofitable, and its shares are trading below key moving averages.
Bloom Energy Falls 8% as AI Power Bid Unwinds Days Before Bloom’s S&P 500 Add; FuelCell Energy Drops 5%, Plug Power Dips
Bloom Energy (BE) stock dropped 8% as the AI power bid unwound, just days before its scheduled addition to the S&P 500. This decline interrupted a 192% year-to-date run for Bloom Energy, also pulling down peer fuel cell companies like FuelCell Energy (FCEL) and Plug Power (PLUG). The selling appears concentrated in AI infrastructure names, influenced by recent debates among AI leaders about slowing model capability improvements.
Is Sluggish Equipment Demand a Concern for Plug Power Stock?
Plug Power Inc. is experiencing decreased demand in several core product categories, leading to a 17.4% year-over-year decline in equipment and infrastructure revenues in Q2 2026. While hydrogen infrastructure and electrolyzer revenues fell, the fuel cell systems product line saw a 105.2% jump, offering a potential counterbalance. The article also compares Plug Power's performance to peers like Bloom Energy and Flux Power, noting PLUG's stock performance and valuation metrics.
Why Plug Power (NASDAQ:PLUG) Just Lifted Its Full-Year Growth Guidance?
Plug Power (NASDAQ:PLUG) raised its full-year revenue-growth guidance after exceeding quarterly revenue expectations. This positive shift is attributed to strong electrolyzer shipments, increasing demand from industrial customers for on-site hydrogen production, and steadily narrowing losses as gross margins approach breakeven. The company's focus on cost-cutting and improved efficiency is starting to yield results, alongside a robust commercial pipeline for electrolyzer systems.
Plug Power Surges 10.1% YTD: Should Investors Ride the Rally?
Plug Power (PLUG) shares have increased by 10.1% year-to-date, underperforming the industry and S&P 500. Despite persistent net losses, the company's strong position in the green hydrogen energy and electrolyzer markets, coupled with rising demand and significant project wins, suggests long-term growth potential. Investors are advised to hold existing positions but wait for a better entry point before buying due to recent gains.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Holdings in Plug Power, Inc. $PLUG
UBS Asset Management Americas LLC reduced its stake in Plug Power (NASDAQ:PLUG) by 21.8% in the second quarter, selling 783,976 shares but still retaining 2.81 million shares valued at $7.61 million. Despite this, several other institutional investors, including BlackRock and Handelsbanken Fonder, increased their positions. Plug Power holds a consensus "Hold" rating from analysts with a target price of $3.59, and recently beat quarterly EPS and revenue estimates although it continues to report significant losses.
Plug Power (NASDAQ:PLUG) Rating Increased to Hold at Jefferies Financial Group
Jefferies Financial Group upgraded Plug Power (NASDAQ:PLUG) to a "hold" rating, aligning with the broader analyst consensus. The company recently reported quarterly revenue of $178.3 million, surpassing estimates, and an adjusted loss of $0.07 per share. Institutional investors, including BlackRock and Vanguard, have significantly increased their holdings in Plug Power.
Plug Power, Inc. (NASDAQ:PLUG) Given Average Rating of "Hold" by Analysts
Seventeen analysts have given Plug Power, Inc. (NASDAQ:PLUG) an average rating of "Hold," with a 12-month average price target of $3.59, which is above its current share price of $2.11. Recent analyst actions have been mixed, including downgrades to "Sell" by Weiss Ratings and Wall Street Zen, but HC Wainwright reiterated a "Buy" with a $7.00 target, and TD Cowen and Canaccord Genuity maintained "Hold" ratings with increased targets. Despite a slight beat on quarterly earnings with an adjusted loss of $0.07 per share and revenue up 2.5% year over year, the company reported deeply negative net margins and return on equity.
Plug Power Falls 4%, Bloom Energy Moves Up as the Hydrogen Trade Divides
The hydrogen and fuel-cell sector is experiencing a significant divergence, with Bloom Energy (BE) surging 132% year-to-date due to demand from AI data centers, while Plug Power (PLUG) has seen only a 15% gain. This split is masked by the Global X Hydrogen ETF (HYDR), which shows minimal movement as its top holdings pull in opposite directions. The article emphasizes that this structural gap, driven by differing business models and market focuses, is more significant than daily price fluctuations.
Why Does Plug Power Inc (NASDAQ:PLUG) Stay Pressured Despite Better Results?
Plug Power Inc. (NASDAQ: PLUG) recently exceeded revenue expectations and significantly narrowed its losses in the summer quarter, coupled with increased full-year growth guidance. Despite these improved operating fundamentals and large electrolyzer contract wins, the company's shares remain under pressure, trading near multi-period lows. This reflects lingering market caution regarding execution consistency and financing needs, creating a disconnect between improving business performance and stock price.
Headlands Technologies LLC Buys New Position in Plug Power, Inc. $PLUG
Headlands Technologies LLC has acquired a new position in Plug Power, Inc. (NASDAQ:PLUG), purchasing over 1.76 million shares valued at approximately $4.8 million during the second quarter. Despite mixed analyst ratings, with a consensus "Hold" but some "Buy" ratings, Plug Power reported revenues ahead of expectations, although it remains significantly unprofitable. The company's stock performance and institutional ownership are also detailed, along with analysts' price targets.
Plug Power (PLUG) Stock Has Weak Returns But Sales Still Look Rich
The article discusses Plug Power (PLUG) stock, noting its weak returns despite the company's sales appearing robust. It suggests a potential disconnect between the company's financial performance in the market and its underlying sales strength.
Bank of America Corp DE Has $5.78 Million Stock Position in Plug Power, Inc. $PLUG
Bank of America Corp DE reduced its stake in Plug Power, Inc. by 58% in the first quarter, now holding 2.56 million shares valued at approximately $5.78 million. Despite mixed analyst sentiment and an average "Hold" rating, Plug Power exceeded revenue estimates with $178.3 million but continues to face substantial negative margins and is projected to have a full-year loss of $0.26 per share.
Plug Power Inc. stock outperforms competitors on strong trading day
Shares of Plug Power Inc. (PLUG) increased by 4.61% to $2.27 on Tuesday, performing well in a strong trading session for the overall stock market. The NASDAQ Composite Index and the Dow Jones Industrial Average also saw gains. Despite the rally, the company's stock closed 50.44% below its 52-week high.
Why Plug Power (PLUG) Stock Is Up Today
Plug Power (PLUG) stock rose 4.4% today, likely due to continued investor optimism following its strong second-quarter update. The update revealed improved margins, reduced cash burn, and a higher 2026 revenue outlook. The company's recent liquidity efforts and ongoing meetings with institutional investors may also have contributed to the positive sentiment.
