Plug Power (PLUG) Expected to Announce Quarterly Earnings on Monday

Plug Power (NASDAQ:PLUG) is projected to post its Q4 2025 results before the market opens on Monday, March 2nd. Analysts expect Plug Power to post earnings of ($0.10) per share for the quarter. Parties are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Monday, March 2, 2026 at 4:30 PM ET.

Plug Power Price Performance

Shares of NASDAQ PLUG opened at $1.79 on Friday. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of -0.76 and a beta of 1.87. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.70 and a current ratio of 1.32. Plug Power has a fifty-two week low of $0.69 and a fifty-two week high of $4.58. The firm’s 50-day simple moving average is $2.12 and its 200 day simple moving average is $2.25.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PLUG shares. TD Cowen cut Plug Power from a “buy” rating to a “hold” rating in a research report on Friday, January 9th. Clear Str upgraded Plug Power from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. Wall Street Zen downgraded shares of Plug Power from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. HC Wainwright reiterated a “buy” rating and issued a $7.00 target price on shares of Plug Power in a report on Monday, November 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Plug Power in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Plug Power presently has an average rating of “Hold” and a consensus target price of $2.73.

More Plug Power News

Here are the key news stories impacting Plug Power this week:

• Positive Sentiment: Plug Power signed a definitive agreement to sell its Genesee County / Project Gateway site to Stream Data Centers for $132.5 million as the first phase of a $275 million strategic infrastructure optimization initiative — a near-term cash infusion that could help reduce funding pressure and support operations or debt reduction. Plug Power Executes $132.5 Million Definitive Agreement with Stream Data Centers as First Step in $275 Million Strategic Infrastructure Optimization Initiative
• Neutral Sentiment: Analysts and investors are focused on upcoming Q4 (Dec-2025) results and key operational metrics—earnings, cash flow, and guidance will be important to re-assess valuation and near-term funding needs. Plug Power (PLUG) Q4 Earnings on the Horizon: Analysts’ Insights on Key Performance Measures
• Negative Sentiment: A proposed federal class-action complaint alleges securities fraud tied to statements about a $1.66 billion DOE loan and the company’s hydrogen plans; media coverage of that filing has already pressured the stock. The suit questions prior disclosures and could lead to costly litigation or settlements. Plug Power Faces Federal Lawsuit Over DOE Loan Claims
• Negative Sentiment: Multiple law firms (Bleichmar Fonti & Auld, Pomerantz, Bernstein Liebhard, Faruqi & Faruqi, Glancy Prongay Wolke, etc.) have filed or issued investor notices and lead-plaintiff solicitations, setting deadlines and amplifying regulatory and reputational risk. Widespread class-action activity increases potential liability and ongoing distraction for management. PLUG Investor Alert: Plug Power Inc. Securities Fraud Class Action Focuses on DOE Funding Issues; BFA Law Notifies Investors of April 3 Court Deadline

Insider Transactions at Plug Power

In related news, insider Jose Luis Crespo acquired 37,300 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average price of $2.34 per share, for a total transaction of $87,282.00. Following the completion of the acquisition, the insider owned 307,332 shares of the company’s stock, valued at approximately $719,156.88. This represents a 13.81% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Benjamin Haycraft sold 40,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $2.20, for a total transaction of $88,000.00. Following the completion of the transaction, the insider owned 373,809 shares in the company, valued at approximately $822,379.80. The trade was a 9.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.56% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Plug Power

Several institutional investors have recently bought and sold shares of the company. Mackenzie Financial Corp increased its position in Plug Power by 10.6% in the third quarter. Mackenzie Financial Corp now owns 58,098 shares of the electronics maker’s stock worth $135,000 after buying an additional 5,584 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in Plug Power by 17.9% in the 4th quarter. Kestra Advisory Services LLC now owns 38,482 shares of the electronics maker’s stock worth $76,000 after acquiring an additional 5,845 shares during the last quarter. Police & Firemen s Retirement System of New Jersey increased its holdings in Plug Power by 2.1% in the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 305,933 shares of the electronics maker’s stock worth $603,000 after acquiring an additional 6,284 shares during the last quarter. Abel Hall LLC raised its stake in Plug Power by 31.7% in the 3rd quarter. Abel Hall LLC now owns 26,491 shares of the electronics maker’s stock valued at $62,000 after acquiring an additional 6,381 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in Plug Power by 116.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 13,000 shares of the electronics maker’s stock valued at $26,000 after purchasing an additional 7,000 shares during the last quarter. Hedge funds and other institutional investors own 43.48% of the company’s stock.

Plug Power Company Profile

Plug Power Inc is a U.S.-based company specializing in the design and manufacture of hydrogen fuel cell systems that serve as clean energy replacements for conventional batteries in electric vehicles and material handling equipment. Its core solutions include ProGen fuel cell engines, GenDrive power systems for forklifts and warehouse vehicles, and GenFuel hydrogen refueling infrastructure. These offerings are sold as standalone components or integrated turnkey solutions under the GenKey brand, providing customers with on-site refueling, equipment installation and maintenance services.

In addition to its fuel cell and refueling products, Plug Power develops backup power and off-grid energy solutions through its GenSure line, which targets telecommunications, data centers and utility applications.