Susquehanna cuts Plug Power stock target to USD 1.75
Published on 10/15/2026 at 20:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMarket levels and calendar
- Susquehanna lowered its Plug Power target to USD 1.75 on October 14, 2026.
- Third-quarter results are scheduled for November 9, 2026.
- Plug Power stock costs EUR 1.30 at Lang & Schwarz on October 15, 2026 at 8:37 p.m. CEST.
- Plug Power reported USD 178.30 million in second-quarter 2026 revenue, up 2.5 percent year over year.
Susquehanna cut its Plug Power price target from USD 2.50 to USD 1.75 while maintaining a neutral rating in a research note dated October 14, 2026, as MarketBeat reported. Plug Power stock was trading at EUR 1.30 at Lang & Schwarz on October 15, 2026 at 8:37 p.m. CEST.
Revenue sets a measurable benchmark
Plug Power reported USD 178.30 million in revenue for the second quarter of 2026, up 2.5 percent from the year-ago quarter and above the USD 169.11 million consensus estimate, according to MarketBeat. The quarter still included a consolidated net loss of USD 188.21 million, while operating profit was negative USD 64.11 million, based on the reported second-quarter statement.
Price remains near the lower range
The euro quotation was EUR 1.30 at Lang & Schwarz on October 15, 2026 at 8:37 p.m. CEST, with a EUR 1.30 bid and EUR 1.30 ask. On Nasdaq, Plug Power was last quoted at USD 1.45 on October 15, 2026 at 2:42 p.m. ET. The USD 1.41 to USD 4.33 52-week range places the US quotation near its lower boundary.
Valuation and coming dates
Plug Power had a market capitalization of USD 2.0 billion on October 15, 2026 and a negative trailing P/E ratio of minus 1.07. The company has scheduled its third-quarter 2026 results for November 9, 2026, followed by the call at 4:30 p.m. ET, and its global Plug Symposium for November 19, 2026, according to Yahoo Finance.
Comparison with peers
Plug Power: P/E minus 1.07, market capitalization USD 2.0 billion
FuelCell Energy (Nasdaq, USD): minus 3.11 percent, P/E minus 3.99, market capitalization USD 1.1 billion
Ballard Power Systems (Nasdaq, USD): minus 2.94 percent, P/E minus 6.44, market capitalization USD 497.4 million
What the next date brings
The November 9 results will provide the next scheduled operating checkpoint for Plug Power, while the November 19 symposium will center on customer projects and hydrogen applications. The available market figures show a company with a USD 2.0 billion valuation, negative earnings and a wide 52-week price range.
Plug Power was trading at EUR 1.30 at Lang & Schwarz on October 15, 2026 at 8:37 p.m. CEST. The Nasdaq quote was USD 1.45 on October 15, 2026 at 2:42 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Plug Power stock.
Plug Power market data
- Company: Plug Power Inc.
- ISIN: US72919P2020
- Ticker: PLUG
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 8:37 p.m. CEST): EUR 1.30
- Market capitalization: USD 2.0 billion (as of October 15, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
Market context: Market report Nasdaq Composite.
