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Plug Power Stock Price, News & Analysis

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Welcome to our dedicated page for Plug Power news (Ticker: PLUG), a resource for investors and traders seeking the latest updates and insights on Plug Power stock.

Plug Power Inc. (NASDAQ: PLUG) generates frequent news flow around its role in the hydrogen economy, large-scale hydrogen projects, and capital markets activity. Company press releases highlight its integrated hydrogen ecosystem, which spans electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure for material handling, industrial applications, energy producers, and other sectors.

News updates often cover project milestones and partnerships, such as the installation of a GenEco PEM electrolyzer for Cleanergy Solutions Namibia, described as part of Africa’s first fully integrated commercial green hydrogen facility, and a letter of intent with Hy2gen for a PEM electrolyzer at the Sunrhyse project in southern France. These stories illustrate Plug’s participation in renewable hydrogen production, hydrogen mobility, and regional hydrogen roadmaps.

Investors can also follow announcements about hydrogen supply contracts, including Plug’s first liquid hydrogen award from NASA to serve research and test facilities in Ohio. Additional coverage includes the company’s hydrogen generation network in Georgia, Tennessee, and Louisiana, and its role in supplying hydrogen to logistics, transportation, maritime, and industrial users.

Another recurring theme in PLUG news is investor and capital markets activity. Plug regularly announces participation in energy, clean technology, and utilities conferences hosted by major financial institutions, as well as Asia-Pacific investor calls. The company also issues updates on financing transactions, such as convertible note offerings and warrant-related agreements, and on governance matters like special stockholder meetings and proxy statements.

For readers tracking PLUG stock and the hydrogen sector, this news page offers a centralized view of Plug Power’s project pipeline, customer relationships, financing developments, and strategic initiatives as disclosed in its press releases and SEC-related communications.

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Plug Power (NASDAQ: PLUG) will ring the Nasdaq Closing Bell on March 6, 2026 to mark its strong full‑year 2025 results and the appointment of CEO Jose Luis Crespo (effective March 2, 2026).

Full‑year 2025 revenue rose 12.9% YoY to ~$710 million. GenEco electrolyzers generated $187 million in 2025 revenue, have an approximate $8 billion sales funnel, and >300 MW have been delivered across six continents.

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Plug Power (NASDAQ: PLUG) appointed Jose Luis Crespo as Chief Executive Officer, effective March 2, 2026, succeeding Andy Marsh who becomes chairman. Crespo previously served as president and chief revenue officer and helped grow revenue from ~$27M in 2013 to >$700M in 2025.

The company highlights a commercial pipeline exceeding $8B, more than 74,000 fuel cell systems deployed, and financial targets: positive EBITDAS by end-2026, positive operating income by end-2027, and full profitability by end-2028.

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Plug Power (NASDAQ:PLUG) reported full-year 2025 revenue of approximately $710 million (up 12.9% YoY) and Q4 2025 revenue of $225.2 million (+17.6% YoY, +27.2% QoQ). Q4 delivered a $5.5 million positive gross profit (2.4% margin) versus a -122.5% margin in Q4 2024.

The company ended 2025 with $368.5 million unrestricted cash, $535.8 million net cash used in operations (down ~26.5% YoY), recorded ~$763 million of net impairment and charges in Q4, and expects >$275 million from planned asset monetizations to support 2026 liquidity. Management targets positive EBITDAS in Q4 2026 and profitability by 2028.

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Plug Power (NASDAQ: PLUG) executed a definitive agreement with Stream Data Centers to sell its interest in the Project Gateway site, expecting gross proceeds of at least $132.5 million and up to $142 million depending on closing timing and asset-removal conditions.

The sale is the first phase of a planned strategic infrastructure optimization initiative targeting more than $275 million in aggregate liquidity improvements via asset monetization, restricted-cash release, and lower maintenance expenses, with closing expected on or before June 30, 2026 and a $6 million deposit from Stream.

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Plug Power (NASDAQ: PLUG) will announce its 2025 fourth quarter and year-end results on March 2, 2026. The results will be released alongside a conference call at 4:30 PM ET with toll-free dial-in and a live webcast.

Dial-in numbers are 877-407-9221 or +1 201-689-8597, and the webcast is available at the event link or via the company homepage; a playback will be available online afterward.

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Plug Power (NASDAQ: PLUG) moved the reconvened Special Meeting of Stockholders from February 17, 2026 to Thursday, February 12, 2026 at 4:00 p.m. ET and will hold the meeting virtually. Stockholders of record as of December 12, 2025 remain eligible to participate and vote.

Participants need a 16-digit control number to access the virtual meeting; dial-in and webcast links are provided. The company filed a definitive proxy statement and other documents with the SEC; investors are urged to read them before voting.

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Plug Power (NASDAQ: PLUG) reminds stockholders that the adjourned Special Meeting of Stockholders will be held on Thursday, February 5, 2026 at 10:00 a.m. ET as a virtual meeting. Stockholders of record as of December 12, 2025 are eligible to participate, vote, and submit questions in real time.

Access requires a 16-digit control number; proxy materials and the definitive proxy statement are available free at www.sec.gov and www.plugpower.com.

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Plug Power (NASDAQ: PLUG) completed the first hydrogen fill of Hynetwork’s 32-kilometer Rotterdam pipeline, delivering 32 tons of RFNBO-certified renewable hydrogen and custom unloading infrastructure for pipeline purging and filling. The work includes a parallel unloading skid for three MEGC trailers and leverages Plug’s European supply and logistics platform.

This milestone follows Plug’s October 2025 H2CAST deliveries and reinforces its end-to-end capabilities across production, certification, transport, engineering and on-site execution during Hynetwork commissioning.

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Plug (NASDAQ: PLUG) will host an investor Q&A on February 2, 2026 at 10:00 a.m. ET to discuss proposals to be voted at its adjourned Special Meeting on February 5, 2026. The meeting was adjourned to allow broader participation and additional voting time.

As of the Special Meeting date, Proposals 1 and 2 had ~92.63% and ~89.09% support of votes cast, but only ~36.93% and ~46.86% of outstanding shares were represented. The company estimates it needs an additional 13.07% voted in favor of Proposal 1 and 3.14% for Proposal 2. If Proposal 2 fails, a reverse stock split will proceed to increase authorized common shares.

Join via toll-free phone or webcast; stockholders are urged to vote promptly and may contact Sodali for voting assistance.

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Plug Power (NASDAQ: PLUG) convened and adjourned its Special Meeting of Stockholders to Feb 5, 2026 at 10:00 a.m. ET to allow more votes on Proposals 1 and 2. While ~92.63% and ~89.09% of votes cast supported Proposals 1 and 2, only ~36.93% and ~46.86% of outstanding shares were represented.

The company estimates it needs an additional 13.07% of outstanding shares for Proposal 1 and 3.14% for Proposal 2. If Proposal 2 fails, the company will proceed with a reverse stock split; the company is soliciting additional votes.

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FAQ

What is the current stock price of Plug Power (PLUG)?

The current stock price of Plug Power (PLUG) is $2.18 as of March 9, 2026.

What is the market cap of Plug Power (PLUG)?

The market cap of Plug Power (PLUG) is approximately 3.0B.

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PLUG Stock Data

2.96B
1.33B
Electrical Equipment & Parts
Electrical Industrial Apparatus
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