
Plug Power Inc.
PLUGPlug Power Inc. is a provider of hydrogen fuel cell systems that convert hydrogen into electricity, primarily serving the material handling and stationary power markets. Founded in 1999 and headquartered in Latham, New York, the company focuses on developing clean energy solutions to replace conventional batteries and internal combustion engines in various applications, promoting sustainable energy infrastructure.
Company News
Plug Power stock surged 37.6% in the first half of 2026, driven by improved financial results and cost-saving initiatives. The company reported a 2.4% gross margin in Q4 2025 (vs. negative 123% in Q4 2024) and beat Q1 2026 revenue expectations with $163.5 million. CEO Jose Luis Crespo reaffirmed the company's path to positive EBITDAS by Q4 2026. ...
The global green hydrogen market is projected to grow from USD 12.5 billion in 2025 to USD 188.9 billion by 2035, driven by demand from carbon-intensive industries seeking low-carbon alternatives and increasing adoption of hydrogen fuel cells in transportation. Major players include Siemens Energy, Nel ASA, ITM Power, and others, with recent deve...
Plug Power projects it will achieve profitability by the end of 2028, but the company has a long history of missing similar targets. With $1 billion in debt, only $223 million in cash, and a track record of failed profitability forecasts dating back to 2013, investors should be cautious about the company's latest projections and focus on near-ter...
Plug Power, a hydrogen fuel cell technology developer, trades at less than $3 today, down over 98% from its 1999 IPO price of $150. Despite past struggles, the company is experiencing a turnaround with major customers Amazon and Walmart, new electrolyzer contracts, and analyst projections of 18% revenue CAGR through 2028. If growth targets are me...
The article compares two clean energy companies: Eos Energy Enterprises, which manufactures zinc-based battery storage systems, and Plug Power, which builds a hydrogen ecosystem. Both are currently unprofitable but scaling operations. The author recommends Eos Energy as the better investment for 2026, citing its strong production ramp-up, $600 mi...






