Plug Power stock faces selling pressure due to losses, but recent positive updates signal hope.

From Yahoo Finance: 2025-07-01 09:30:00

Plug Power (PLUG) has faced selling pressure due to losses overshadowing revenue growth. Recent signs of recovery in the stock price following positive updates, like a deal with Allied Green Ammonia for electrolyzer capacity supply in Uzbekistan, may signal renewed investor confidence. The company is central to the emerging hydrogen economy, offering various hydrogen solutions globally.

Despite recent gains in stock price, Plug Power’s financial results have been mixed. While revenue for Q1 2025 saw an 11% increase, the company still reported a loss of $0.21 per share. Margins improved, but Plug Power is struggling to reach profitability. Looking ahead to Q2, the company expects revenue growth and margin improvements, but Wall Street remains cautious with a “Hold” rating on the stock.



Read more at Yahoo Finance: Is Plug Power Stock a Buy, Sell, or Hold for July 2025?