Plug Power (PLUG) Projected to Post Quarterly Earnings on Monday

Plug Power (NASDAQ:PLUG) is projected to announce its Q1 2026 results after the market closes on Monday, May 11th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $139.8690 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:30 PM ET.

Plug Power (NASDAQ:PLUG) last issued its quarterly earnings results on Monday, March 2nd. The electronics maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.04. The company had revenue of $225.22 million during the quarter, compared to the consensus estimate of $217.38 million. Plug Power had a negative return on equity of 45.97% and a negative net margin of 229.83%.During the same period last year, the company earned ($1.48) 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.

Plug Power Trading Up 0.9%

PLUG traded up $0.03 during trading on Monday, reaching $3.14. The company had a trading volume of 14,068,749 shares, compared to its average volume of 87,250,914. Plug Power has a 52 week low of $0.69 and a 52 week high of $4.58. The stock has a market cap of $4.38 billion, a P/E ratio of -2.31 and a beta of 2.06. The business has a 50 day simple moving average of $2.47 and a 200-day simple moving average of $2.37. The company has a quick ratio of 1.46, a current ratio of 2.31 and a debt-to-equity ratio of 0.64.

Institutional Investors Weigh In On Plug Power

Large investors have recently modified their holdings of the business. Worth Venture Partners LLC purchased a new stake in shares of Plug Power during the third quarter worth about $70,000. Norges Bank purchased a new stake in shares of Plug Power during the second quarter worth about $68,000. Abel Hall LLC grew its stake in shares of Plug Power by 31.7% during the third quarter. Abel Hall LLC now owns 26,491 shares of the electronics maker’s stock worth $62,000 after acquiring an additional 6,381 shares during the last quarter. &PARTNERS grew its stake in shares of Plug Power by 43.6% during the fourth quarter. &PARTNERS now owns 30,428 shares of the electronics maker’s stock worth $60,000 after acquiring an additional 9,244 shares during the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of Plug Power during the fourth quarter worth about $55,000. Hedge funds and other institutional investors own 43.48% of the company’s stock.

Analyst Upgrades and Downgrades

PLUG has been the subject of several research reports. TD Cowen cut shares of Plug Power from a “buy” rating to a “hold” rating in a research report on Friday, January 9th. Jefferies Financial Group lowered their price target on shares of Plug Power from $2.00 to $1.80 and set a “hold” rating for the company in a research report on Monday, March 9th. Susquehanna upped their price target on shares of Plug Power from $2.50 to $2.75 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. BTIG Research reaffirmed a “neutral” rating on shares of Plug Power in a research report on Tuesday, March 3rd. Finally, Wells Fargo & Company upped their price target on shares of Plug Power from $1.50 to $2.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Plug Power presently has an average rating of “Hold” and a consensus price target of $3.03.

About Plug Power

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.