Plug Power downgraded by Seaport Research Partners with a new price target
$PLUG
Industrial Machinery/Components
Energy
Seaport Research Partners downgraded Plug Power from Neutral to Sell and set a new price target of $1.00
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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 |
SLINGERLANDS, N.Y., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced a strategic partnership with Edgewood Renewables to support the development and construction of its advanced renewable fuel facility in North Las Vegas, Nevada. The project is designed to process waste biomass feedstocks to produce sustainable aviation fuel (SAF), renewable diesel (RD), and biomethanol, while utilizing, within its process, renewable natural gas (RNG) and low-carbon hydrogen. All of the end products that will be produced at the facility are "drop-in" fuels that can go into today's aviation, trucki
SLINGERLANDS, N.Y., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful deployment of its GenDrive hydrogen fuel cell systems and GenFuel hydrogen infrastructure at Floor & Decor's Frederickson, WA distribution center. This partnership marks the first implementation of a zero-emission material handling fleet for the leading specialty retailer of hard-surface flooring. Plug has equipped Floor & Decor's Frederickson facility with a complete hydrogen ecosystem, powering 77 pieces of material handling equipment with Plug's end-to-end hydrogen infrastructure. This includes
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Energy Plug Technologies Corp. (CSE:PLUG) (OTCQB:PLGGF) (FSE: 6GQ), SEETEL New Energy Co. Ltd., (7740.TW) and Quantum eMotion Corp. (TSXV:QNC) (OTCQB:QNCCF) are pleased to announce a strategic collaboration to co-develop and commercialize a 261-kilowatt-hour (kWh) fully integrated AC plug-and-play Battery Energy Storage System (BESS) engineered for Arctic and high-resilience environments worldwide.The global Battery Energy Storage System (BESS) market, currently valued around US $8-10 billion, is projected to exceed US $80-100 billion by 2034, driven by renewable energy integration, falling battery costs, and grid-modernizat
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4 - PLUG POWER INC (0001093691) (Issuer)
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8-K - PLUG POWER INC (0001093691) (Filer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
4 - PLUG POWER INC (0001093691) (Issuer)
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., 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
SLINGERLANDS, N.Y., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in end-to-end hydrogen solutions for the hydrogen economy, today announces the appointment of Jose Luis Crespo as President, effective as of October 10, 2025, and as its new Chief Executive Officer, to be effective as of the date the company files its Annual Report on Form 10-K for the year ended December 31, 2025, expected March 2026. Mr. Crespo will succeed Mr. Andy Marsh as CEO. Mr. Marsh will continue to serve as CEO during the transition period and has been appointed Executive Chair of the Board, a position he will retain following March 2, 2026. In conjunction, George McNamee has bee
With the theme "Plug Doing Real Things," the event highlights how Plug is laying the groundwork for the next five years Plug targets ~30% CAGR for Energy and Applications businesses from 2025 to 2030 and appoints Sanjay Shrestha new President SLINGERLANDS, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in hydrogen solutions for the green hydrogen economy, is hosting its sixth annual Plug Symposium at the Company's Vista headquarters and manufacturing facility in Slingerlands, N.Y. With the theme "Plug Doing Real Things," this year's event underscores Plug's role in driving the global green hydrogen economy, showcasing its comprehensive
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• 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,
SLINGERLANDS, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced the initial closing of its previously announced $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded. Commensurate with establishing this facility, the company has retired $82.5 million in aggregate principal of the existing convertible debenture with Yorkville Advisors, which had approximately 55 million associated underlying shares given the conversion price, and therefore this refinancing has reduced potential dilution. The transaction