Plug Power Inc. reports results for the quarter ended June 30 - Earnings Summary

Plug Power

10/08/2026 22:01

Plug Power Inc. PLUG.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents.  The mean expectation of nineteen analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -9 cents to -5 cents per share.
Revenue rose 2.5% to $178.30 million from a year ago; analysts expected $169.41 million. 
Plug Power Inc.'s reported EPS for the quarter was a loss of 14 cents​.
The company reported a quarterly loss of $188.21 million.
Plug Power Inc. shares had fallen by 19.6% this quarter and gained 10.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11.9% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is  "buy."
Wall Street's median 12-month price target for Plug Power Inc. is $3.50, about 37.7% above its last closing price of $2.18
This summary was machine generated from LSEG data August 10 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.08
-0.07
Beat
Mar. 31 2026 
-0.09
-0.08
Beat
Dec. 31 2025 
-0.10
-0.64
Missed
Sep. 30 2025 
-0.12
-0.12
Met