Q1 Earnings Estimate for Plug Power Issued By HC Wainwright

Plug Power, Inc. (NASDAQ:PLUG) – Research analysts at HC Wainwright issued their Q1 2026 earnings per share (EPS) estimates for shares of Plug Power in a research report issued on Tuesday, March 3rd. HC Wainwright analyst A. Dayal forecasts that the electronics maker will post earnings of ($0.11) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for Plug Power’s current full-year earnings is ($1.21) per share. HC Wainwright also issued estimates for Plug Power’s Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.08) EPS and FY2030 earnings at $0.09 EPS.

A number of other equities analysts have also weighed in on PLUG. Wells Fargo & Company upped their target price on shares of Plug Power from $1.50 to $2.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Oppenheimer reiterated a “market perform” rating on shares of Plug Power in a report on Tuesday. BMO Capital Markets restated an “underperform” rating and issued a $1.00 target price on shares of Plug Power in a research note on Tuesday. Canaccord Genuity Group set a $7.00 price target on Plug Power in a research report on Monday, November 24th. Finally, Wall Street Zen downgraded shares of Plug Power from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $2.87.

Plug Power Stock Up 11.2%

Shares of PLUG stock opened at $2.48 on Wednesday. Plug Power has a 12-month low of $0.69 and a 12-month high of $4.58. The company has a quick ratio of 0.70, a current ratio of 2.31 and a debt-to-equity ratio of 0.64. The firm has a fifty day moving average of $2.12 and a 200-day moving average of $2.27. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of -1.84 and a beta of 1.92.

Plug Power (NASDAQ:PLUG) last announced its earnings results on Monday, March 2nd. The electronics maker reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.04. The firm had revenue of $225.22 million for the quarter, compared to the consensus estimate of $217.38 million. Plug Power had a negative net margin of 229.83% and a negative return on equity of 45.97%. During the same period last year, the company posted ($1.48) EPS.

Insiders Place Their Bets

In other news, insider Jose Luis Crespo purchased 37,300 shares of the business’s stock in a transaction on Monday, December 15th. The stock was purchased at an average price of $2.34 per share, for a total transaction of $87,282.00. Following the completion of the purchase, the insider directly owned 307,332 shares in the company, valued at $719,156.88. The trade was a 13.81% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Benjamin Haycraft sold 40,000 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $2.17, for a total transaction of $86,800.00. Following the transaction, the insider owned 333,809 shares in the company, valued at $724,365.53. This represents a 10.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kovack Advisors Inc. acquired a new stake in Plug Power during the third quarter worth approximately $26,000. Yousif Capital Management LLC bought a new stake in Plug Power in the 3rd quarter valued at $27,000. Prakash Investment Advisors LLC acquired a new position in Plug Power in the 3rd quarter valued at $27,000. Prime Capital Investment Advisors LLC bought a new position in Plug Power during the 3rd quarter worth $30,000. Finally, Oak Thistle LLC acquired a new stake in shares of Plug Power during the third quarter worth $30,000. Institutional investors and hedge funds own 43.48% of the company’s stock.

Trending Headlines about Plug Power

Here are the key news stories impacting Plug Power this week:

• Positive Sentiment: Q4 2025 results beat expectations — $710M revenue (+12.9% YoY) and Plug reported its first positive quarterly gross margin, which underpins the recent rally. Article Title
• Positive Sentiment: New CEO Jose Luis Crespo (internal promotion) emphasizes commercial and operational discipline — the leadership move boosted investor confidence in execution of the turnaround. Article Title
• Positive Sentiment: Analysts and positive coverage: HC Wainwright reaffirmed a Buy with a $7 target and Wells Fargo nudged its price target higher — signals that some sell‑side firms see upside if execution continues. Article Title
• Neutral Sentiment: Company guidance / objectives: management is targeting positive EBITDAS by Q4 2026 and continuing a margin turnaround and cash‑discipline plan — encouraging but forward‑looking. Article Title
• Neutral Sentiment: Operational moves: Plug announced asset sale(s) such as a New York site sale to Stream Data Centers (helps liquidity/asset optimization) — neutral to mildly constructive depending on proceeds and execution. Article Title
• Negative Sentiment: Multiple class‑action lawsuits filed and law‑firm solicitations allege securities fraud for the Jan–Nov 2025 period — legal overhang increases uncertainty and potential liabilities. Article Title
• Negative Sentiment: Profitability and balance‑sheet risks remain — the company still posts negative net margins and consensus EPS estimates are negative for the near term, so the turnaround depends on sustained margin progress and cash management. Article Title

Plug Power Company Profile

Plug Power Inc is a U.S.-based company specializing in the design and manufacture of hydrogen fuel cell systems that serve as clean energy replacements for conventional batteries in electric vehicles and material handling equipment. Its core solutions include ProGen fuel cell engines, GenDrive power systems for forklifts and warehouse vehicles, and GenFuel hydrogen refueling infrastructure. These offerings are sold as standalone components or integrated turnkey solutions under the GenKey brand, providing customers with on-site refueling, equipment installation and maintenance services.

In addition to its fuel cell and refueling products, Plug Power develops backup power and off-grid energy solutions through its GenSure line, which targets telecommunications, data centers and utility applications.