What is Roth Capital’s Estimate for Plug Power Q4 Earnings?

Plug Power, Inc. (NASDAQ:PLUG) – Stock analysts at Roth Capital lowered their Q4 2025 earnings per share estimates for shares of Plug Power in a research note issued to investors on Tuesday, November 11th. Roth Capital analyst C. Irwin now forecasts that the electronics maker will post earnings of ($0.07) per share for the quarter, down from their prior forecast of ($0.06). The consensus estimate for Plug Power’s current full-year earnings is ($1.21) per share. Roth Capital also issued estimates for Plug Power’s Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.10) EPS and Q4 2026 earnings at ($0.09) EPS.

Several other research analysts have also commented on the stock. Susquehanna upped their price objective on shares of Plug Power from $1.80 to $3.50 and gave the stock a “neutral” rating in a report on Monday, October 13th. HC Wainwright increased their price target on shares of Plug Power from $3.00 to $7.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Hsbc Global Res upgraded shares of Plug Power to a “strong-buy” rating in a report on Thursday, October 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Plug Power in a report on Wednesday, October 8th. Finally, HSBC set a $4.40 target price on Plug Power in a research report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $2.50.

Plug Power Stock Performance

Shares of PLUG stock opened at $2.49 on Thursday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of -1.08 and a beta of 2.28. The stock has a fifty day moving average of $2.70 and a 200 day moving average of $1.78. Plug Power has a 52 week low of $0.69 and a 52 week high of $4.58. The company has a quick ratio of 0.82, a current ratio of 1.59 and a debt-to-equity ratio of 0.22.

Plug Power (NASDAQ:PLUG) last issued its quarterly earnings data on Monday, November 10th. The electronics maker reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. Plug Power had a negative return on equity of 90.22% and a negative net margin of 292.84%.The firm had revenue of $177.06 million for the quarter, compared to analyst estimates of $185.41 million. Plug Power has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Heights Capital Management Inc. purchased a new position in Plug Power in the 1st quarter worth about $31,174,000. Vanguard Group Inc. boosted its holdings in shares of Plug Power by 7.6% during the 3rd quarter. Vanguard Group Inc. now owns 109,631,956 shares of the electronics maker’s stock valued at $255,442,000 after acquiring an additional 7,789,039 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Plug Power by 59.9% in the second quarter. Legal & General Group Plc now owns 16,980,865 shares of the electronics maker’s stock worth $25,301,000 after acquiring an additional 6,364,483 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in shares of Plug Power by 365,934.4% during the second quarter. Caitong International Asset Management Co. Ltd now owns 3,795,777 shares of the electronics maker’s stock valued at $5,656,000 after purchasing an additional 3,794,740 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Plug Power by 14.9% during the second quarter. Geode Capital Management LLC now owns 24,071,904 shares of the electronics maker’s stock valued at $35,872,000 after purchasing an additional 3,125,542 shares during the period. Hedge funds and other institutional investors own 43.48% of the company’s stock.

Insider Activity

In other news, EVP Benjamin Haycraft sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $2.92, for a total value of $29,200.00. Following the sale, the executive vice president directly owned 467,583 shares of the company’s stock, valued at $1,365,342.36. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.41% of the company’s stock.

Plug Power Company Profile

Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.