Redburn Atlantic initiated coverage on Plug Power with a new price target
$PLUG
Industrial Machinery/Components
Energy
Redburn Atlantic initiated coverage of Plug Power with a rating of Neutral and set a new price target of $4.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/12/2026 | $2.00 → $3.00 | Hold | TD Cowen |
| 1/9/2026 | $2.00 | Buy → Hold | TD Cowen |
| 1/27/2025 | $1.00 | Neutral → Sell | Seaport Research Partners |
| 11/14/2024 | Buy → Neutral | BTIG Research | |
| 4/5/2024 | $2.00 | Neutral → Sell | Citigroup |
| 2/6/2024 | $4.75 | Buy → Neutral | UBS |
| 2/6/2024 | $4.50 | Neutral | Redburn Atlantic |
| 2/6/2024 | Buy → Neutral | Seaport Research Partners |
8-K - PLUG POWER INC (0001093691) (Filer)
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8-K - PLUG POWER INC (0001093691) (Filer)
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4 - PLUG POWER INC (0001093691) (Issuer)
TD Cowen reiterated coverage of Plug Power with a rating of Hold and set a new price target of $3.00 from $2.00 previously
TD Cowen downgraded Plug Power from Buy to Hold and set a new price target of $2.00
Seaport Research Partners downgraded Plug Power from Neutral to Sell and set a new price target of $1.00
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
SLINGERLANDS, N.Y., July 13, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG) today announced two transactions with Stream US Data Centers, LLC ("Stream"), advancing the Company’s previously announced strategic infrastructure optimization initiatives, which collectively target more than $275 million in liquidity improvement through a combination of asset monetization, release of restricted cash, and reduced maintenance expenses. In addition, Stream and Plug Power are now also actively exploring other opportunities for Plug to deploy its products into the data center industry. Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its inte
Plugs GenEco™ PEM electrolyzers to power Australia's largest renewable hydrogen project and first Hydrogen Headstart recipient to reach FIDProject supports Orica’s decarbonization efforts by producing renewable hydrogen to displace natural gas in making ammonia, underscoring Plug's expanding footprint in Australia and the Asia-Pacific regionPlug's electrolyzers to power facility expected to produce approximately 4,700 tonnes of renewable hydrogen per year SLINGERLANDS, N.Y., July 07, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced that the 50-megawatt (MW) Hunter Valley Hydrogen Hub (HV
SLINGERLANDS, N.Y., June 24, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the completion of a critical execution phase at the Måde Power-to-X (PtX) facility in Esbjerg, Denmark, developed and operated by European Energy. Power-to-X infrastructure uses renewable electricity to produce hydrogen and other low-carbon fuels, helping decarbonize industrial and energy applications. This milestone includes the successful installation, commissioning, site acceptance testing (SAT), and handover of a 5 MW GenEco PEM electrolyzer system, bringing one of Denmark’s earliest operational PtX sites onli
SLINGERLANDS, N.Y., May 11, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc., a global leader in hydrogen solutions, today reported results for the first quarter of 2026, delivering strong revenue growth, meaningful margin improvement, and continued progress toward profitability. The Company exceeded its expectations on revenue and delivered its margin and EPS targets for the quarter. This performance reflects disciplined execution across Plug's integrated hydrogen platform, improving unit economics, and continued demand across core markets. Q1 2026 Financial Highlights Revenue increased 22% year-over-year to $163.5 million, reflecting growth across material handling and electrolyzer businesses
Achieved Positive 4th Quarter 2025 Gross MarginSetting the Stage for 2026 Financial Targets SLINGERLANDS, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc., a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced financial results and operational milestones for the 4th quarter and fiscal year ended December 31, 2025, and outlined strategic priorities for 2026 and beyond. 2025 Goals in Review Achieved Over $700 million in revenueAchieved positive gross margin for Q4 2025Established strong liquidity platform to fund 2026Positioned Company to achieve the EBITDAS Q4 2026 goal This past year marked a pivotal commercial inflection point f
$177 Million in Quarterly Revenue Continued Global Market Expansion and Operational Progress SLINGERLANDS, N.Y., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced its financial results and operational milestones for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights For the third quarter 2025, revenue was $177 million, driven by continued strength in Plug's electrolyzer business, volume growth in hydrogen fuel sales and other businesses, and continued pricing enhancements. GenEco electrolyzer revenue totaled ~$65 million for the quarter, a 46% se
SLINGERLANDS, N.Y., March 03, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, welcomes Jose Luis Crespo as Chief Executive Officer, marking the start of the Company's next phase of disciplined growth and focused execution. Crespo assumed the role on March 2, 2026. Crespo brings more than 12 years of leadership experience at Plug, most recently serving as President and Chief Revenue Officer, where he drove growth through cost discipline, margin expansion, and capital efficiency. He led Plug's commercial organization during a period of significant scale, helping grow revenue from approximately $27 million in 2013 to more than $700
SLINGERLANDS, N.Y., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, encourages stockholders to vote their shares ahead of the Company's Special Meeting of Stockholders (the "Special Meeting") scheduled for January 29, 2026. The Special Meeting includes proposals that are critical to supporting the Company's ongoing operations, financial flexibility and long-term growth strategy. The Board of Directors urges stockholders of record as of December 12, 2025 (the "Record Date") to vote their shares in favor of all proposals presented at the Special Meeting. This Special Meeting follows the Company's
SLINGERLANDS, N.Y., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in hydrogen solutions for the hydrogen economy, is hosting its seventh annual Plug Power Symposium at the Company's headquarters and manufacturing facility in Slingerlands N.Y., centered on the theme "Strengthening Energy Independence." Earlier this year, Plug Power announced Project Quantum Leap, its initiative to streamline operations, enhance cash efficiency, and focus on high-value markets including material handling, electrolyzers, and hydrogen plants. At the Symposium, CEO Andy Marsh and President and Chief Revenue Officer Jose Luis Crespo will discuss Plug's strategic path forward,
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