Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Plug Power ( (PLUG) ) has shared an update.
On October 3, 2025, Plug Power announced the resignation of Sanjay Shrestha as President, effective October 10, 2025, and the appointment of Jose Luis Crespo as the new President, with a transition to CEO expected in March 2026. Crespo, who has been with the company since 2014, is credited with driving significant sales growth and strengthening key customer relationships, ensuring continuity and strategic focus during this leadership transition. These changes reflect Plug Power’s commitment to maintaining its leadership in the hydrogen economy and ensuring long-term shareholder value.
The most recent analyst rating on (PLUG) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Plug Power stock, see the PLUG Stock Forecast page.
Spark’s Take on PLUG Stock
According to Spark, TipRanks’ AI Analyst, PLUG is a Neutral.
Plug Power’s overall stock score reflects significant financial challenges, with persistent negative margins and cash flow issues. While the earnings call highlighted strategic initiatives and revenue growth, ongoing profitability issues and valuation concerns weigh heavily on the score. Technical analysis provides mixed signals, with bearish momentum but neutral RSI.
To see Spark’s full report on PLUG stock, click here.
More about Plug Power
Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation. The company offers electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries like material handling and energy production, aiming to advance energy independence and decarbonization. With a global presence, Plug Power has deployed over 72,000 fuel cell systems and 275 fueling stations, and is expanding its hydrogen generation network, with significant production capacity expected by 2025.
Average Trading Volume: 88,491,573
Technical Sentiment Signal: Buy
Current Market Cap: $4.89B
See more insights into PLUG stock on TipRanks’ Stock Analysis page.