PLUG
NASDAQ · Electrical Equipment
Plug Power Inc
$3.12
-0.01 (-0.32%)
PLUG News30 articles
Bloom Energy Hits New Heights on AI Data Center Deal and Upbeat Forecast
Bloom Energy shares jumped 2.6% to $290.52 after raising 2026 guidance and securing a 2.45 GW fuel-cell deal with an Oracle-backed data center in New Mexico.
Plug Power Shares Dip 7% as Investor Focus Shifts to Q1 Cash Burn
Plug Power shares slid 7% Thursday, paring Wednesday's rally as investors await Q1 results on May 11. Focus is on cash burn and path to positive EBITDA.
FuelCell Energy Rides Bloom Energy's AI Data Center Tailwind
FuelCell Energy stock surged Wednesday as investor enthusiasm for fuel-cell stocks was reignited by Bloom Energy's robust earnings and its Oracle data center contract.
Plug Power Shares Surge on Analyst Upgrade and Sector Rally Ahead of Earnings
Plug Power shares surged 10% on heavy volume after a price target hike and a sector-wide fuel cell rally, ahead of its May 11 earnings report.
Bloom Energy Surges on Q1 Profit, Oracle AI Data Center Deal
Bloom Energy reported a 130% revenue surge to $751.1M in Q1, swinging to a $70.7M profit, and raised its 2026 forecast. Oracle's AI data center project will use up to 2.45 GW of Bloom fuel cells.
BlackRock's 8.2% Bloom Energy Stake Coincides with Oracle AI Deal
BlackRock takes an 8.2% passive stake in Bloom Energy as the company prepares to report Q1 results, with investors focused on its Oracle fuel-cell agreement and AI data center demand.
Plug Power Continues Slide; Earnings Test Looms
Plug Power shares dropped 1.26% to $3.14 on Friday, continuing a three-day slide. The company's upcoming earnings report will test whether recent margin gains are sustainable.
Plug Power's Louisiana JV Plant Reaches 90% Availability Amid Cash Flow Focus
Plug Power's Louisiana hydrogen plant achieved 90% availability in Q1, producing 448.3 metric tons. Shares fell 1.3% as the company works to improve cash flow.
Plug Power Faces Investor Lawsuit Proceeding Amid Louisiana Plant Showcase
A Delaware federal judge ruled that investors can advance claims against Plug Power regarding its hydrogen production targets and revenue forecasts. The decision coincided with a company-hosted tour of its key Louisiana plant, with shares declining roughly 5%.
Plug Power Reaffirms 2026 Profit Target, Unveils Major Cost-Cutting Initiative
Plug Power stock advanced as the company confirmed its target for positive adjusted earnings by the end of 2026 and outlined a significant cost-reduction strategy. The update followed a key electrolyzer contract win in Canada.
Plug Power Surges on Major Quebec Hydrogen Deal Ahead of Investor Tour
Plug Power shares rallied sharply following a significant electrolyzer contract award in Quebec. Company leadership is commencing a Canadian investor roadshow to discuss financial progress and growth strategy.
Plug Power Secures Major Quebec Electrolyzer Deal, Shares Edge Higher
Plug Power's stock gained in premarket trading following a significant electrolyzer contract award in Quebec. The company continues to target a financial turnaround by the end of 2026.
Plug Power Secures Major Electrolyzer Contract for Quebec Green Hydrogen Project
Plug Power has been selected to provide a 275-megawatt electrolyzer system for Hy2gen Canada's Courant green hydrogen project in Quebec, sending its shares up 7%.
Plug Power Shares Extend Decline as CEO Sticks to 2028 Profitability Target
Plug Power shares continued their downward trajectory, closing at $2.18 on Friday, while CEO Jose Luis Crespo reiterated the company's path to profitability by 2028. The hydrogen firm reported $368.5 million in unrestricted cash at year-end 2025.
Plug Power Slides Amid Broader Selloff Despite CEO's Profitability Reassurance
Plug Power shares fell Friday as new CEO Jose Luis Crespo reaffirmed the company's timeline to reach positive EBITDA in late 2026 and full profitability by 2028, despite reporting a substantial net loss for 2025.
Plug Power's Turnaround Faces Wall Street Skepticism as New CEO Takes Charge
Plug Power's stock remains under pressure, trading around $2.29, as Wall Street awaits proof of new CEO Jose Luis Crespo's turnaround strategy. While the company reported 2025 revenue growth and a positive gross margin, liquidity concerns persist.
Plug Power Shares Retreat as Market Weighs Turnaround Strategy
Plug Power shares fell Tuesday, giving back some of Monday's gains after management outlined a turnaround plan. Analysts remain skeptical, seeking sustained execution.
Plug Power Gains on Investor Outreach Amid Turnaround Focus, Legal Challenge
Plug Power shares advanced 3.6% Monday following news of upcoming investor meetings. The hydrogen firm reported improved 2025 financials but faces a new class-action lawsuit related to a DOE loan.
Plug Power Maintains Momentum Near $2.40 as Strategic Shift Gains Traction
Plug Power shares are consolidating near $2.42 following a recent rally, supported by improved financial metrics and a strategic pivot toward selling hydrogen power into the PJM grid to meet rising data center demand.
Plug Power's Turnaround Bid Faces Investor Scrutiny Amid Asset Sales
Plug Power Inc. is navigating a critical phase, with its stock trading significantly below recent highs as the company implements asset sales and spending reductions to extend its financial runway. While Q4 results showed revenue growth and a positive gross margin shift, analyst sentiment remains mixed amid ongoing liquidity concerns.
Plug Power CEO Outlines Turnaround Path Amid Liquidity Push
Plug Power shares remained stable as new CEO Jose Luis Crespo outlined his strategic priorities for margin gains and capital efficiency during his inaugural investor conference appearance. The company aims for positive EBITDAS by late 2026.
Plug Power Gains on Investor Outreach Amid Turnaround Efforts
Plug Power shares advanced as executives launched investor meetings in Europe and Washington. The company reported a positive fourth-quarter gross margin but a substantial full-year net loss.
Plug Power Sells New York Site to Bolster Cash, Shares Edge Lower
Plug Power shares declined slightly after the company announced the sale of its New York STAMP facility for at least $132.5 million, part of a broader effort to conserve cash. The hydrogen fuel cell firm reported a fourth-quarter gross profit of $5.5 million but continues to face analyst skepticism.
Plug Power Retreats as Data Center Strategy Faces Investor Scrutiny
Plug Power shares declined slightly Thursday, giving back some of the prior session's gains, as the market assesses the company's new strategy to supply electricity to data centers and utilities.
Plug Power Gains on Data Center Power Supply Ambitions
Shares of Plug Power advanced as the company pursues contracts to supply up to 250 megawatts of power to data centers and utilities, part of a broader strategy to unlock capital and improve its financial position.
Plug Power Pursues Major PJM Power Deal to Fuel AI Data Center Growth
Plug Power is negotiating to supply up to 250 megawatts of electricity to the PJM Interconnection market, focusing on data center operators and utilities with long-term contracts. The move aligns with surging power demand driven by AI and comes as the company reports improved 2025 financial results.
Plug Power Targets AI Data Center Demand with Major Hydrogen Power Bid
Plug Power is bidding 250 megawatts of hydrogen-generated electricity into a potential PJM Interconnection auction to supply growing AI data center demand, as the company works to address a $1.7 billion annual loss through asset sales and financing.
Plug Power Soars on Q4 Profit, New CEO Outlines Liquidity Plan
Plug Power shares jumped 23% following a stronger-than-expected Q4, which delivered a $5.5 million gross profit. The company also detailed plans to bolster liquidity through asset sales.
Bloom Energy Rebounds on Heavy Insider Selling, Wall Street Downgrade
Bloom Energy shares climbed over 6% Monday, recovering from a sharp Friday decline. The move followed SEC filings showing significant insider stock sales by top executives, including the CEO.
Bloom Energy Rebounds on Heavy Trading as Insider Sales Surface
Bloom Energy shares climbed 6.2% to $165.39, recovering from a 7.65% drop Friday. The move came after SEC filings revealed significant insider sales by top executives last week.