What is Roth Capital’s Estimate for Plug Power Q1 Earnings?

Plug Power Inc. (NASDAQ:PLUG) – Research analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for shares of Plug Power in a note issued to investors on Tuesday, November 12th. Roth Capital analyst C. Irwin forecasts that the electronics maker will post earnings per share of ($0.18) for the quarter. The consensus estimate for Plug Power’s current full-year earnings is ($1.16) per share. Roth Capital also issued estimates for Plug Power’s Q2 2025 earnings at ($0.17) EPS and Q3 2025 earnings at ($0.11) EPS.

A number of other research analysts also recently commented on the company. Evercore ISI reduced their target price on Plug Power from $5.00 to $4.00 and set an “outperform” rating on the stock in a report on Wednesday. HC Wainwright reaffirmed a “buy” rating and set a $18.00 target price on shares of Plug Power in a report on Wednesday. Royal Bank of Canada reduced their target price on Plug Power from $3.50 to $2.50 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Craig Hallum cut their price target on Plug Power from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Susquehanna cut their price target on Plug Power from $3.00 to $2.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Plug Power has a consensus rating of “Hold” and an average price target of $4.52.

Plug Power Stock Performance

NASDAQ:PLUG opened at $1.97 on Thursday. The company has a quick ratio of 0.91, a current ratio of 2.07 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $2.07 and its two-hundred day moving average is $2.41. Plug Power has a 52 week low of $1.60 and a 52 week high of $5.14. The company has a market cap of $1.73 billion, a PE ratio of -0.92 and a beta of 1.81.

Plug Power (NASDAQ:PLUG) last released its earnings results on Tuesday, November 12th. The electronics maker reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.01). Plug Power had a negative return on equity of 47.36% and a negative net margin of 214.05%. The firm had revenue of $173.70 million for the quarter, compared to the consensus estimate of $207.25 million. During the same period in the prior year, the business earned ($0.47) EPS. The company’s quarterly revenue was down 12.6% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vontobel Holding Ltd. grew its holdings in shares of Plug Power by 44.3% during the third quarter. Vontobel Holding Ltd. now owns 3,426,354 shares of the electronics maker’s stock valued at $7,744,000 after buying an additional 1,051,400 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Plug Power by 5.9% during the first quarter. State Board of Administration of Florida Retirement System now owns 600,188 shares of the electronics maker’s stock valued at $2,065,000 after buying an additional 33,311 shares in the last quarter. Gabelli Funds LLC grew its holdings in shares of Plug Power by 42.9% during the first quarter. Gabelli Funds LLC now owns 250,000 shares of the electronics maker’s stock valued at $860,000 after buying an additional 75,000 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Plug Power by 25.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,945,162 shares of the electronics maker’s stock valued at $4,532,000 after buying an additional 400,120 shares in the last quarter. Finally, Diversified Trust Co purchased a new position in shares of Plug Power during the second quarter valued at $35,000. Hedge funds and other institutional investors 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.