Plug Power stock holds at USD 2.09 as losses remain heavy
Published on 09/22/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Plug Power Inc. (ISIN US72919P2020) closed at USD 2.09 on Nasdaq on September 21, 2026, unchanged from the prior close. The hydrogen technology company carried a market capitalization of USD 2.92 billion, while its second-quarter revenue was USD 178.3 million.
Revenue reaches USD 178.3 million
Plug Power reported USD 178.3 million in revenue for Q2 FY26, while net earnings were negative USD 188.21 million and the profit margin stood at negative 105.56 percent, according to Yahoo Finance on September 22, 2026.
The quarterly earnings result was negative USD 0.07 per share, compared with a consensus estimate of negative USD 0.08 per share, according to MarketBeat in its September 2026 earnings overview. The USD 0.01 per-share difference was favorable against that estimate, but the negative margin keeps profitability as the central financial constraint.
Analyst target stays above price
MarketBeat lists a consensus rating of Hold and an average price target of USD 3.59, compared with the September 21 closing price of USD 2.09. The implied difference is USD 1.50, or approximately 71.7 percent, based on the portal's stated figures.
Yahoo Finance records Roth Capital reiterating a Buy rating on August 12, 2026, while raising its price target from USD 3.50 to USD 5.00. That target change is materially above the broader USD 3.55 average target shown in the same market data overview, creating a wide range between optimistic research and the consensus midpoint.
Stock remains below yearly high
Plug Power traded between USD 2.06 and USD 2.14 during the cited session, with volume of 30.99 million shares and a 52-week range of USD 1.70 to USD 4.58 as of September 21, 2026. The closing price was USD 2.49 below the yearly high and USD 0.39 above the yearly low.
The stock was up 6.09 percent year to date but remained down 4.13 percent over one year as of September 21, 2026. The contrast between the positive year-to-date figure and the negative trailing-year performance shows why the market is weighing operating progress against continuing losses.
Next results date is November 9
Yahoo Finance lists November 9, 2026, as the next earnings date. The date gives the market a defined checkpoint for the next revenue, earnings and cash-flow update.
Plug Power stock at a glance
- Company: Plug Power Inc.
- ISIN: US72919P2020
- Ticker: PLUG
- Trading venue: Nasdaq
- Price as of September 21, 2026: USD 2.09
- Market capitalization: USD 2.92 billion as of September 21, 2026
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Next earnings date: November 9, 2026
