Q3 EPS Estimates for Plug Power Boosted by Seaport Res Ptn

Plug Power Inc. (NASDAQ:PLUG) – Equities researchers at Seaport Res Ptn increased their Q3 2025 earnings per share estimates for shares of Plug Power in a report released on Thursday, May 15th. Seaport Res Ptn analyst T. Curran now expects that the electronics maker will earn ($0.15) per share for the quarter, up from their previous forecast of ($0.16). Seaport Res Ptn currently has a “Strong Sell” rating on the stock. The consensus estimate for Plug Power’s current full-year earnings is ($1.21) per share. Seaport Res Ptn also issued estimates for Plug Power’s Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.66) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.41) EPS and FY2027 earnings at ($0.28) EPS.

Plug Power (NASDAQ:PLUG) last announced its earnings results on Monday, May 12th. The electronics maker reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.01). The business had revenue of $133.67 million for the quarter, compared to analyst estimates of $130.92 million. Plug Power had a negative return on equity of 46.99% and a negative net margin of 214.05%.

Other research analysts also recently issued reports about the company. Susquehanna reduced their target price on Plug Power from $1.80 to $1.25 and set a “neutral” rating for the company in a research note on Monday, April 14th. StockNews.com raised Plug Power to a “sell” rating in a research note on Tuesday, May 13th. B. Riley reduced their price objective on Plug Power from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Roth Capital reissued a “buy” rating on shares of Plug Power in a research note on Tuesday, May 13th. Finally, Canaccord Genuity Group reduced their price objective on Plug Power from $1.25 to $1.00 and set a “hold” rating for the company in a research note on Tuesday, May 13th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Plug Power has a consensus rating of “Hold” and a consensus price target of $1.91.

Plug Power Trading Up 2.1%

Shares of PLUG stock opened at $0.79 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 0.95. The company has a market cap of $850.60 million, a price-to-earnings ratio of -0.37 and a beta of 2.19. The stock has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.76. Plug Power has a 1-year low of $0.69 and a 1-year high of $3.55.

Insider Activity

In related news, CFO Paul B. Middleton acquired 350,000 shares of Plug Power stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of $0.72 per share, for a total transaction of $252,000.00. Following the acquisition, the chief financial officer now owns 1,908,064 shares in the company, valued at approximately $1,373,806.08. This represents a 22.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Institutional Trading of Plug Power

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mariner LLC raised its holdings in Plug Power by 29.7% in the 4th quarter. Mariner LLC now owns 177,839 shares of the electronics maker’s stock valued at $379,000 after buying an additional 40,710 shares during the period. Norges Bank purchased a new stake in Plug Power in the 4th quarter valued at about $146,465,000. Wells Fargo & Company MN raised its holdings in Plug Power by 2.7% in the 4th quarter. Wells Fargo & Company MN now owns 2,685,413 shares of the electronics maker’s stock valued at $5,720,000 after buying an additional 70,187 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Plug Power in the 4th quarter valued at about $320,000. Finally, Northern Trust Corp raised its holdings in Plug Power by 11.1% in the 4th quarter. Northern Trust Corp now owns 7,907,687 shares of the electronics maker’s stock valued at $16,843,000 after buying an additional 790,650 shares during the period. 43.48% of the stock is currently owned by hedge funds and other institutional investors.

Plug Power Company Profile

Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.