Q3 EPS Estimates for Plug Power Increased by Seaport Res Ptn

Plug Power Inc. (NASDAQ:PLUG - Free Report) - Equities research analysts at Seaport Res Ptn lifted their Q3 2025 earnings per share (EPS) estimates for Plug Power in a research note issued on Thursday, May 15th. Seaport Res Ptn analyst T. Curran now anticipates that the electronics maker will post earnings of ($0.15) per share for the quarter, up from their prior estimate of ($0.16). Seaport Res Ptn currently has a "Strong Sell" rating on the stock. The consensus estimate for Plug Power's current full-year earnings is ($1.21) per share. Seaport Res Ptn also issued estimates for Plug Power's Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.66) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.41) EPS and FY2027 earnings at ($0.28) EPS.

PLUG has been the topic of several other research reports. UBS Group dropped their price target on Plug Power from $2.50 to $1.75 and set a "neutral" rating on the stock in a research report on Friday, March 21st. Piper Sandler dropped their price target on Plug Power from $1.10 to $0.80 and set an "underweight" rating on the stock in a research report on Wednesday, May 14th. StockNews.com upgraded Plug Power to a "sell" rating in a research report on Tuesday, May 13th. Wells Fargo & Company lowered their price objective on Plug Power from $2.00 to $1.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 14th. Finally, BMO Capital Markets dropped their target price on Plug Power from $1.60 to $1.40 and set an "underperform" rating on the stock in a research report on Wednesday, March 5th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $1.99.

Plug Power Stock Performance

Shares of PLUG stock opened at $0.77 on Monday. The stock has a market capitalization of $832.91 million, a PE ratio of -0.36 and a beta of 2.19. Plug Power has a 52-week low of $0.69 and a 52-week high of $3.55. The stock's 50-day moving average price is $1.13 and its 200 day moving average price is $1.77. The company has a quick ratio of 0.95, a current ratio of 2.08 and a debt-to-equity ratio of 0.15.

Plug Power (NASDAQ:PLUG - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The electronics maker reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.01). The company had revenue of $133.67 million during the quarter, compared to analyst estimates of $130.92 million. Plug Power had a negative net margin of 214.05% and a negative return on equity of 46.99%.

Institutional Investors Weigh In On Plug Power

Institutional investors and hedge funds have recently modified their holdings of the company. Mariner LLC grew its holdings in shares of Plug Power by 29.7% in the 4th quarter. Mariner LLC now owns 177,839 shares of the electronics maker's stock worth $379,000 after acquiring an additional 40,710 shares during the period. Norges Bank acquired a new stake in shares of Plug Power in the 4th quarter worth approximately $146,465,000. Wells Fargo & Company MN grew its holdings in shares of Plug Power by 2.7% in the 4th quarter. Wells Fargo & Company MN now owns 2,685,413 shares of the electronics maker's stock worth $5,720,000 after acquiring an additional 70,187 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of Plug Power in the 4th quarter worth approximately $320,000. Finally, Northern Trust Corp grew its holdings in shares of Plug Power by 11.1% in the 4th quarter. Northern Trust Corp now owns 7,907,687 shares of the electronics maker's stock worth $16,843,000 after acquiring an additional 790,650 shares during the period. Institutional investors and hedge funds own 43.48% 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.

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