Plug Power (PLUG) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Plug Power (NASDAQ: PLUG) in the last few weeks:

• 7/12/2026 – Plug Power was downgraded by Wall Street Zen from “hold” to “sell”.
• 7/10/2026 – Plug Power was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 7/10/2026 – Plug Power had its price target lowered by Susquehanna from $3.75 to $2.50. They now have a “neutral” rating on the stock.
• 7/9/2026 – Plug Power had its price target raised by Morgan Stanley from $1.50 to $1.65. They now have an “underweight” rating on the stock.
• 6/29/2026 – Plug Power was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/25/2026 – Plug Power was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
• 6/21/2026 – Plug Power was downgraded by Wall Street Zen from “hold” to “sell”.
• 6/13/2026 – Plug Power was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/19/2026 – Plug Power had its price target raised by Wells Fargo & Company from $2.00 to $2.50. They now have an “equal weight” rating on the stock.

Plug Power Inc is a U.S.-based company specializing in the design and manufacture of hydrogen fuel cell systems that serve as clean energy replacements for conventional batteries in electric vehicles and material handling equipment. Its core solutions include ProGen fuel cell engines, GenDrive power systems for forklifts and warehouse vehicles, and GenFuel hydrogen refueling infrastructure. These offerings are sold as standalone components or integrated turnkey solutions under the GenKey brand, providing customers with on-site refueling, equipment installation and maintenance services.

In addition to its fuel cell and refueling products, Plug Power develops backup power and off-grid energy solutions through its GenSure line, which targets telecommunications, data centers and utility applications.