Q3 Earnings Estimate for Plug Power Issued By Roth Capital

Key Points

• Roth Capital has lowered its Q3 2025 earnings estimate for Plug Power to a loss of ($0.14) per share, down from ($0.13), with a current full-year consensus estimate at ($1.21) per share.
• Following Plug Power's recent quarterly earnings report, the company missed analysts' expectations with an EPS of ($0.16), while revenue reached $173.97 million, exceeding expectations of $157.97 million.
• Insiders have recently shown confidence in Plug Power, with an executive purchasing 650,000 shares, increasing their ownership by 34.07% following the acquisition.

Plug Power, Inc. (NASDAQ:PLUG - Free Report) - Roth Capital decreased their Q3 2025 earnings estimates for shares of Plug Power in a report issued on Tuesday, August 12th. Roth Capital analyst C. Irwin now forecasts that the electronics maker will earn ($0.14) per share for the quarter, down from their prior estimate of ($0.13). Roth Capital currently has a "Buy" rating on the stock. 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 FY2025 earnings at ($0.53) EPS.

A number of other research analysts also recently commented on PLUG. Wall Street Zen raised shares of Plug Power to a "sell" rating in a research report on Tuesday, May 13th. Wells Fargo & Company reaffirmed a "positive" rating on shares of Plug Power in a research report on Thursday. Piper Sandler dropped their target price on shares of Plug Power from $1.10 to $0.80 and set an "underweight" rating on the stock in a research report on Wednesday, May 14th. Susquehanna increased their target price on shares of Plug Power from $1.00 to $1.80 and gave the company a "neutral" rating in a research report on Monday, July 21st. Finally, Morgan Stanley dropped their target price on shares of Plug Power from $1.25 to $0.50 and set an "underweight" rating on the stock in a research report on Monday, May 19th. Six analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $1.84.

Plug Power Trading Up 7.8%

NASDAQ PLUG opened at $1.66 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.59 and a quick ratio of 1.07. The firm's fifty day moving average price is $1.44 and its 200 day moving average price is $1.35. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of -0.72 and a beta of 2.35. Plug Power has a 12 month low of $0.69 and a 12 month high of $3.32.

Plug Power (NASDAQ:PLUG - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The electronics maker reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.01). Plug Power had a negative net margin of 292.84% and a negative return on equity of 90.22%. The firm had revenue of $173.97 million during the quarter, compared to analysts' expectations of $157.97 million.

Insider Activity at Plug Power

In other news, insider Paul B. Middleton bought 650,000 shares of Plug Power stock in a transaction dated Monday, June 9th. The stock was bought at an average price of $1.03 per share, for a total transaction of $669,500.00. Following the purchase, the insider owned 2,558,064 shares of the company's stock, valued at approximately $2,634,805.92. The trade was a 34.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.41% of the company's stock.

Institutional Trading of Plug Power

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Plug Power by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 91,368,845 shares of the electronics maker's stock worth $123,348,000 after acquiring an additional 3,930,342 shares during the period. Geode Capital Management LLC lifted its stake in shares of Plug Power by 14.9% in 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. Heights Capital Management Inc. acquired a new stake in shares of Plug Power in the first quarter valued at about $31,174,000. Legal & General Group Plc lifted 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 valued at $25,301,000 after purchasing an additional 6,364,483 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Plug Power by 53.0% in the second quarter. Invesco Ltd. now owns 8,010,794 shares of the electronics maker's stock valued at $11,936,000 after purchasing an additional 2,774,348 shares during the period. Institutional investors and hedge funds own 43.48% of the company's stock.

About Plug Power

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.

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