Pinterest Inc., US72919P2020

Plug Power stock gains after raised 2026 revenue guidance

Published on 09/11/2026 at 14:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Plug Power stock closed at USD 2.11 on September 10, 2026, with a USD 2.95 billion market cap. Second-quarter revenue was USD 178.3 million, up 2.5 percent year over year.

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Plug Power stock (ISIN US72919P2020) closed at USD 2.11 on September 10, 2026, with a market cap of USD 2.95 billion and volume of 49.15 million shares. The latest report in the market data also showed a 52-week range of USD 1.60 to USD 7.90.

Revenue and margin

According to TS2, Plug reported second-quarter revenue of USD 178.3 million, up 2.5 percent from a year earlier and about 9 percent sequentially. The same report said the GAAP gross loss narrowed to USD 1.7 million from USD 53.5 million a year earlier, leaving a gross margin of negative 0.9 percent.

TS2 also said management raised its 2026 revenue-growth target to 15 percent to 16 percent and kept the goal of positive EBITDAS in the fourth quarter. In the same quarter, service revenue rose 82 percent to about USD 30 million, while fuel revenue increased about 15 percent to USD 39 million.

Short interest stays high

According to MarketBeat, Plug Power short interest stood at 290.96 million shares as of August 31, 2026, equal to 21.11 percent of the public float. MarketBeat also listed 4.0 days to cover and 75.62 million shares as average trading volume.

That short base matters because it keeps the stock sensitive to any sign that the revenue ramp is translating into better margins. The same MarketBeat page showed a recent share price of USD 2.11 and a market cap of USD 2.95 billion.

Stock near the low end

The latest quote placed Plug Power stock at USD 2.11 on Nasdaq on September 10, 2026, with a prior close of USD 2.17 and a daily decline of 2.76 percent. The stock also traded between USD 1.60 and USD 7.90 over the past 52 weeks.