Plug Power Shares Face Mounting Pressure Amid Conflicting Signals

As Plug Power hosts its 2025 symposium focused on “energy independence,” the company’s stock continues its downward trajectory. Market experts have reduced their price targets, while simultaneously the hydrogen specialist announced record orders from the United Kingdom. This conflicting news leaves investors divided about whether opportunities outweigh substantial risks in the current climate.

Plug Power’s recent third-quarter results, released November 10, revealed significant financial strain. The company’s net loss expanded by 72% compared to the previous year, while its gross margin stood at a troubling negative 68%. Compounding these difficulties, the company has suspended activities related to a $1.66 billion loan from the U.S. Department of Energy, placing this crucial financing in jeopardy. These Read more...