Seaport Res Ptn Comments on Plug Power Q1 Earnings

Plug Power Inc. (NASDAQ:PLUG) – Equities research analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Plug Power in a research report issued on Monday, January 27th. Seaport Res Ptn analyst T. Curran anticipates that the electronics maker will post earnings of ($0.14) per share for the quarter. Seaport Res Ptn has a “Strong Sell” rating on the stock. The consensus estimate for Plug Power’s current full-year earnings is ($1.20) per share. Seaport Res Ptn also issued estimates for Plug Power’s Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.10) EPS and FY2027 earnings at ($0.35) EPS.

Plug Power (NASDAQ:PLUG) last posted 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). The firm had revenue of $173.70 million during the quarter, compared to analysts’ expectations of $207.25 million. Plug Power had a negative return on equity of 46.99% and a negative net margin of 214.05%. Plug Power’s quarterly revenue was down 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.47) earnings per share.

A number of other equities research analysts also recently issued reports on PLUG. Evercore ISI decreased their price target on shares of Plug Power from $5.00 to $4.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Canaccord Genuity Group lowered their price target on shares of Plug Power from $2.50 to $2.25 and set a “hold” rating for the company in a report on Wednesday, November 13th. Piper Sandler reduced their price objective on Plug Power from $1.60 to $1.40 and set an “underweight” rating on the stock in a research note on Thursday, November 14th. StockNews.com upgraded shares of Plug Power to a “sell” rating in a research report on Wednesday, January 22nd. Finally, HC Wainwright restated a “buy” rating and issued a $18.00 target price on shares of Plug Power in a report on Wednesday, November 13th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $4.46.

Plug Power Stock Up 0.5 %

NASDAQ PLUG opened at $1.96 on Tuesday. The stock has a 50 day moving average price of $2.36 and a 200-day moving average price of $2.22. Plug Power has a one year low of $1.60 and a one year high of $5.14. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 2.08. The company has a market capitalization of $1.79 billion, a P/E ratio of -0.92 and a beta of 1.79.

Institutional Investors Weigh In On Plug Power

Several large investors have recently modified their holdings of the business. Empowered Funds LLC bought a new position in shares of Plug Power during the fourth quarter valued at approximately $214,000. Pacific Sage Partners LLC purchased a new stake in Plug Power during the fourth quarter worth $25,000. Abel Hall LLC bought a new stake in Plug Power during the 4th quarter valued at $31,000. Swedbank AB increased its holdings in shares of Plug Power by 39.7% in the 4th quarter. Swedbank AB now owns 235,233 shares of the electronics maker’s stock valued at $501,000 after acquiring an additional 66,844 shares during the period. Finally, PFG Investments LLC raised its position in shares of Plug Power by 16.8% in the 4th quarter. PFG Investments LLC now owns 467,836 shares of the electronics maker’s stock worth $996,000 after acquiring an additional 67,251 shares in the last quarter. Institutional investors own 43.48% of the company’s stock.

About Plug Power

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.