Plug Power (PLUG) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Plug Power (NASDAQ: PLUG):

• 10/21/2026 – Plug Power was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 10/17/2026 – Plug Power was upgraded by Wall Street Zen from “strong sell” to “sell”.
• 10/14/2026 – Plug Power had its “underweight” rating reaffirmed by Morgan Stanley. They now have a $1.20 price target on the stock.
• 10/14/2026 – Plug Power had its price target lowered by Susquehanna from $2.50 to $1.75. They now have a “neutral” rating on the stock.
• 10/3/2026 – Plug Power was downgraded by Wall Street Zen from “sell” to “strong sell”.
• 9/29/2026 – Plug Power had its “buy” rating reaffirmed by HC Wainwright. They now have a $7.00 price target on the stock.

Plug Power Stock Performance

NASDAQ PLUG traded up $0.07 during trading on Tuesday, hitting $1.39. 25,593,755 shares of the company’s stock traded hands, compared to its average volume of 70,597,023. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of -1.10 and a beta of 2.28. Plug Power, Inc. has a 12-month low of $1.30 and a 12-month high of $4.33. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.32 and a current ratio of 2.32. The business has a 50 day moving average of $1.84 and a 200-day moving average of $2.39.

Plug Power (NASDAQ:PLUG) last posted its earnings results on Monday, August 10th. The electronics maker reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.01. Plug Power had a negative net margin of 220.59% and a negative return on equity of 56.01%. The firm had revenue of $178.30 million during the quarter, compared to the consensus estimate of $169.11 million. The company’s revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Plug Power, Inc. will post -0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Benjamin Haycraft sold 200,000 shares of Plug Power stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $2.14, for a total value of $428,000.00. Following the completion of the transaction, the insider directly owned 101,249 shares in the company, valued at approximately $216,672.86. The trade was a 66.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 241,935 shares of company stock valued at $509,397. 1.37% of the stock is currently owned by insiders.

Plug Power Inc is a clean-energy technology company that develops hydrogen and fuel-cell solutions for commercial and industrial customers. Founded in 1997 and headquartered in Latham, New York, the company focuses on replacing conventional batteries and fossil-fuel-powered equipment with hydrogen-based power systems.

Its product portfolio includes fuel-cell systems for material-handling equipment, backup and stationary power, and commercial vehicles; hydrogen engines and fuel-cell stacks; electrolyzers that produce hydrogen from water; and hydrogen generation, storage, and delivery infrastructure.