Plug Power (PLUG) Expected to Release Earnings on Monday

Plug Power (NASDAQ:PLUG – Get Free Report) is anticipated to release its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect Plug Power to post earnings of ($0.0777) per share and revenue of $169.1130 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, August 10, 2026 at 4:30 PM ET.

Plug Power (NASDAQ:PLUG – Get Free Report) last released its earnings results on Monday, May 11th. The electronics maker reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.01. The firm had revenue of $163.51 million for the quarter, compared to the consensus estimate of $139.87 million. Plug Power had a negative return on equity of 49.30% and a negative net margin of 227.13%.The firm’s revenue for the quarter was up 22.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.21) earnings per share. On average, analysts expect Plug Power to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

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Plug Power Price Performance

PLUG opened at $2.06 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.36 and a quick ratio of 1.40. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of -1.56 and a beta of 2.20. The business has a 50-day moving average of $2.75 and a two-hundred day moving average of $2.61. Plug Power has a 12 month low of $1.40 and a 12 month high of $4.58.

Hedge Funds Weigh In On Plug Power

Hedge funds have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Plug Power by 12.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,607,153 shares of the electronics maker’s stock valued at $3,520,000 after buying an additional 297,754 shares during the last quarter. Focus Partners Wealth bought a new position in Plug Power in the 1st quarter worth approximately $37,000. JPMorgan Chase & Co. grew its holdings in Plug Power by 6.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,504,744 shares of the electronics maker’s stock worth $2,242,000 after buying an additional 95,876 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Plug Power by 87.2% during the second quarter. Prudential Financial Inc. now owns 111,945 shares of the electronics maker’s stock valued at $167,000 after purchasing an additional 52,135 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Plug Power by 24.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 73,084 shares of the electronics maker’s stock valued at $109,000 after buying an additional 14,471 shares during the period. Institutional investors and hedge funds own 43.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. B. Riley Financial boosted their target price on shares of Plug Power from $3.00 to $5.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Canaccord Genuity Group raised their target price on shares of Plug Power from $2.50 to $4.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. TD Cowen lifted their target price on shares of Plug Power from $2.00 to $3.00 and gave the company a “hold” rating in a report on Tuesday, May 12th. Wall Street Zen cut Plug Power from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Wells Fargo & Company raised their target price on Plug Power from $2.00 to $2.50 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Plug Power presently has an average rating of “Hold” and a consensus target price of $3.30.

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About Plug Power

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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.

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