Plug Power

PLUG

Market cap $3.08B

Bloom Energy leverages AI data center demand through partnerships with major power financiers to scale its fuel cell deployments. Plug Power builds a comprehensive hydrogen ecosystem for heavy-duty transport and industrial users across five continents.

Plug Power (PLUG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

SLINGERLANDS, N.Y., July 13, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) today announced two transactions with Stream US Data Centers, LLC ("Stream"), advancing the Company's previously announced strategic infrastructure optimization initiatives, which collectively target more than $275 million in liquidity improvement through a combination of asset monetization, release of restricted cash, and reduced maintenance expenses. In addition, Stream and Plug Power are now also actively exploring other opportunities for Plug to deploy its products into the data center industry.   Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its interest in the New York Gateway Project to Stream. As the parties continued to work toward satisfaction of the transaction's closing conditions, including applicable regulatory and project-related approvals, the parties agreed to restructure the transaction into a staged closing and to enter into a definitive agreement for the sale of Plug's Graham, Texas Project.

Plug Power (PLUG) reached $2.23 at the closing of the latest trading day, reflecting a -6.3% change compared to its last close.

Fuel-cell stocks are losing a chunk of their monster 2026 gains on Friday morning, with three high-profile names all trading sharply lower.

Plug Power Inc (NASDAQ:PLUG) shares are trading lower Friday morning after Susquehanna analyst Biju Perincheril maintained a Neutral rating but cut his price target from $3.75 to $2.50. The weakness comes as investors continue to assess a recent hydrogen project milestone tied to Plug Power's partnership with Orica.

Shares of FuelCell Energy (NASDAQ:FCEL) are down 14% in Wednesday morning trading after the company priced a large dilutive stock offering below recent levels.

Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the company's ongoing turnaround efforts.

Plug Power Inc (NASDAQ:PLUG) shares are trading lower by almost 3% during Wednesday's premarket session as futures lean lower and traders weigh a fresh project milestone that hasn't translated into sustained buying.

Plug Power (PLUG) closed the most recent trading day at $2.48, moving 6.06% from the previous trading session.