Roth Capital Has Positive Outlook of Plug Power Q2 Earnings

Plug Power Inc. (NASDAQ:PLUG - Free Report) - Equities researchers at Roth Capital lifted their Q2 2025 EPS estimates for Plug Power in a research note issued to investors on Tuesday, May 13th. Roth Capital analyst C. Irwin now anticipates that the electronics maker will post earnings of ($0.15) per share for the quarter, up from their prior forecast of ($0.17). Roth Capital 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 Q3 2025 earnings at ($0.13) EPS, Q4 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.55) EPS.

A number of other research firms have also recently issued reports on PLUG. Piper Sandler cut their price target on Plug Power from $1.10 to $0.80 and set an "underweight" rating for the company in a report on Wednesday, May 14th. Morgan Stanley reduced their price target on Plug Power from $1.25 to $0.50 and set an "underweight" rating on the stock in a research report on Monday. Canaccord Genuity Group decreased their price objective on shares of Plug Power from $1.25 to $1.00 and set a "hold" rating for the company in a report on Tuesday, May 13th. UBS Group lowered their price target on Plug Power from $2.50 to $1.75 and set a "neutral" rating for the company in a report on Friday, March 21st. Finally, StockNews.com upgraded shares of Plug Power to a "sell" rating in a report on Tuesday, May 13th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $1.83.

Plug Power Price Performance

Shares of PLUG traded up $0.04 on Thursday, hitting $0.83. The company's stock had a trading volume of 124,735,042 shares, compared to its average volume of 83,904,797. The company has a 50 day moving average price of $1.11 and a 200 day moving average price of $1.76. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 0.95. Plug Power has a fifty-two week low of $0.69 and a fifty-two week high of $3.55. The company has a market capitalization of $891.79 million, a PE ratio of -0.39 and a beta of 2.19.

Plug Power (NASDAQ:PLUG - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The electronics maker reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.01). The company had revenue of $133.67 million during the quarter, compared to the consensus estimate 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 have recently made changes to their positions in the company. Oppenheimer & Co. Inc. acquired a new stake in shares of Plug Power during the fourth quarter worth $25,000. Pacific Sage Partners LLC bought a new stake in shares of Plug Power during the 4th quarter worth $25,000. Jones Financial Companies Lllp boosted its stake in shares of Plug Power by 107.4% in the 4th quarter. Jones Financial Companies Lllp now owns 11,730 shares of the electronics maker's stock valued at $25,000 after purchasing an additional 6,074 shares in the last quarter. Callan Family Office LLC acquired a new stake in Plug Power in the fourth quarter valued at approximately $27,000. Finally, Ground Swell Capital LLC bought a new stake in Plug Power during the 4th quarter worth $27,000. Institutional investors own 43.48% of the company's stock.

Insider Activity

In related news, CFO Paul B. Middleton bought 350,000 shares of the business's stock in a transaction dated Friday, May 16th. The stock was bought at an average price of $0.72 per share, for a total transaction of $252,000.00. Following the purchase, the chief financial officer now owns 1,908,064 shares in the company, valued at $1,373,806.08. This represents a 22.46% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.70% 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.