Plug Power downgraded by Piper Sandler with a new price target
$PLUG
Industrial Machinery/Components
Energy
Piper Sandler downgraded Plug Power from Neutral to Underweight and set a new price target of $2.30 from $6.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 1/31/2024 | $4.50 → $9.00 | Neutral → Buy | ROTH MKM |
| 1/24/2024 | $3.50 → $2.50 | Market Perform → Underperform | BMO Capital Markets |
Seaport Research Partners downgraded Plug Power from Neutral to Sell and set a new price target of $1.00
BTIG Research downgraded Plug Power from Buy to Neutral
Citigroup downgraded Plug Power from Neutral to Sell and set a new price target of $2.00
SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG) (the "Company" or "Plug"), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will hold a Special Meeting of Stockholders (the "Special Meeting") on January 15, 2026, at 10:00 a.m. Eastern Time. The meeting will be conducted in a virtual format only. Purpose of the Special Meeting At the upcoming Special Meeting, Plug will ask stockholders to approve an amendment to the Company's charter to increase the authorized common stock from 1.5 billion to 3.0 billion shares. Plug currently has less than 0.4% of its authorized shares of common stock available for future issuance. The prop
SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful closing of the previously announced offering of $375 million aggregate principal amount of 6.75% convertible notes due 2033, including the full exercise of the initial purchasers' option to purchase an additional $56.25 million aggregate principal amount of the notes, resulting in a total aggregate principal amount of $431.25 million. Plug received total net proceeds from the offering of approximately $399.4 million, after deducting the initial purchasers' discount and estimated offering expenses.
SLINGERLANDS, N.Y., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. ("Plug Power") (NASDAQ:PLUG) today announced the pricing of $375.0 million aggregate principal amount of 6.75% Convertible Senior Notes due 2033 (the "notes") in a private offering (the "offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Plug Power also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $56.25 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to close on November 21, 2025, subject to customary closing conditions, and is ex
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
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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,
SLINGERLANDS, N.Y., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, invites the public to join the 2025 Plug Symposium, streaming live on November 18, 2025. Centered on the theme "Strengthening Energy Independence," the event will bring together Plug leaders, customers, and industry experts to explore how hydrogen is driving grid resiliency, powering new markets, and accelerating the global energy transition. Register to Stream the Event: Date: November 18, 2025Program Time: 9:00 am - 4:00 pm ETRegister here: https://event.on24.com/wcc/r/5070165/A1DAC0191D73E6E705452AA4D133B5D8 Participa
SLINGERLANDS, N.Y., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Plug Power (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, announces that CEO Andy Marsh will join U.S. Senator Bill Cassidy (R-LA) and national energy leaders today, Thursday, October 16, 2025, at the Louisiana Energy Security Summit, hosted by the American Council for Capital Formation (ACCF). Attendees are gathering to discuss how U.S. companies are strengthening energy independence and industrial competitiveness through clean hydrogen and domestic manufacturing. Marsh will participate in the panel "Cracking Down on China — Addressing Risks to American Energy and Supply Chain Security". T
$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
• Execution on Project Quantum Leap helps accelerate business salesgrowth and financial performance• Q2 revenue up 21% year-over-year, driven by broad hydrogen demand LATHAM, N.Y., Aug. 11, 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 second quarter ended June 30, 2025. Revenue Growth and Run Rate Momentum Plug reported $174 million in Q2 revenue, a 21% increase versus Q2 2024, driven by robust demand for its GenDrive fuel cells, GenFuel hydrogen infrastructure, and GenEco electrolyzer platforms.Electrolyzer revenue tripled
SLINGERLANDS, N.Y., May 12, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced its financial results and operational milestones for the first quarter ended March 31, 2025. The Company delivered improvements in cash flow and continued execution across its electrolyzer, hydrogen generation, and fuel cell businesses, while advancing its leadership in global decarbonization and U.S. energy security. First-Quarter Results Revenue: Plug reported revenue of $133.7 million for Q1 2025 versus $120.3 million in Q1 2024. Sales in Q1 2025 represent growing electrolyzer deliveries, continued demand in material handling,
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