What is HC Wainwright’s Estimate for Plug Power Q3 Earnings?

Plug Power, Inc. (NASDAQ:PLUG) – Stock analysts at HC Wainwright decreased their Q3 2025 earnings per share estimates for Plug Power in a research note issued on Tuesday, August 12th. HC Wainwright analyst A. Dayal now expects that the electronics maker will post earnings of ($0.16) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Plug Power’s current full-year earnings is ($1.21) per share. HC Wainwright also issued estimates for Plug Power’s Q4 2025 earnings at ($0.14) EPS, FY2025 earnings at ($0.64) EPS, FY2026 earnings at ($0.53) EPS, FY2028 earnings at ($0.37) EPS and FY2029 earnings at ($0.25) EPS.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group decreased their target price on Plug Power from $1.25 to $1.00 and set a “hold” rating for the company in a report on Tuesday, May 13th. Wall Street Zen raised Plug Power to a “sell” rating in a report on Tuesday, May 13th. Morgan Stanley decreased their target price on Plug Power from $1.25 to $0.50 and set an “underweight” rating for the company in a report on Monday, May 19th. Susquehanna lifted their target price on Plug Power from $1.00 to $1.80 and gave the stock a “neutral” rating in a report on Monday, July 21st. Finally, Evercore ISI raised Plug Power to a “strong sell” rating in a report on Tuesday, July 15th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $1.88.

Plug Power Price Performance

Shares of PLUG stock opened at $1.65 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.07 and a current ratio of 1.59. Plug Power has a fifty-two week low of $0.69 and a fifty-two week high of $3.32. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of -0.71 and a beta of 2.35. The stock’s 50-day simple moving average is $1.46 and its 200-day simple moving average is $1.35.

Plug Power (NASDAQ:PLUG) last issued its quarterly earnings results on Monday, August 11th. The electronics maker reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.01). Plug Power had a negative return on equity of 90.22% and a negative net margin of 292.84%. The business had revenue of $173.97 million for the quarter, compared to analysts’ expectations of $157.97 million.

Insider Activity at Plug Power

In other news, insider Paul B. Middleton purchased 650,000 shares of the company’s stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average cost of $1.03 per share, for a total transaction of $669,500.00. Following the completion of the transaction, the insider owned 2,558,064 shares of the company’s stock, valued at $2,634,805.92. This trade represents a 34.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.41% of the company’s stock.

Institutional Trading of Plug Power

Large investors have recently added to or reduced their stakes in the stock. Heights Capital Management Inc. acquired a new position in shares of Plug Power in the 1st quarter valued at $31,174,000. Legal & General Group Plc lifted its stake in shares of Plug Power by 59.9% in the 2nd quarter. Legal & General Group Plc now owns 16,980,865 shares of the electronics maker’s stock valued at $25,301,000 after purchasing an additional 6,364,483 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Plug Power in the 4th quarter valued at $10,370,000. Vanguard Group Inc. lifted its stake in shares of Plug Power by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 91,368,845 shares of the electronics maker’s stock valued at $123,348,000 after purchasing an additional 3,930,342 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Plug Power by 365,934.4% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,795,777 shares of the electronics maker’s stock valued at $5,656,000 after purchasing an additional 3,794,740 shares during the last quarter. 43.48% of the stock is currently owned by hedge funds and other institutional investors.

About Plug Power

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.