What is Roth Capital’s Estimate for Plug Power Q1 Earnings?

Plug Power Inc. (NASDAQ:PLUG) – Investment analysts at Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for Plug Power in a report issued on Tuesday, November 12th. Roth Capital analyst C. Irwin anticipates that the electronics maker will earn ($0.18) per share for the quarter. The consensus estimate for Plug Power’s current full-year earnings is ($1.16) per share. Roth Capital also issued estimates for Plug Power’s Q2 2025 earnings at ($0.17) EPS and Q3 2025 earnings at ($0.11) EPS.

Several other equities research analysts have also recently commented on the company. Canaccord Genuity Group cut their price target on Plug Power from $2.50 to $2.25 and set a “hold” rating for the company in a report on Wednesday. Jefferies Financial Group cut their target price on Plug Power from $2.20 to $2.00 and set a “hold” rating for the company in a research note on Thursday, October 3rd. HC Wainwright reiterated a “buy” rating and set a $18.00 price target on shares of Plug Power in a report on Wednesday. Piper Sandler cut their price objective on shares of Plug Power from $2.50 to $2.40 and set an “underweight” rating for the company in a research report on Monday, July 22nd. Finally, Evercore ISI decreased their target price on shares of Plug Power from $5.00 to $4.00 and set an “outperform” rating on the stock in a report on Wednesday. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $4.75.

Plug Power Stock Up 3.1 %

Shares of PLUG opened at $1.97 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.91 and a current ratio of 2.07. The stock has a 50 day moving average price of $2.06 and a 200 day moving average price of $2.41. Plug Power has a one year low of $1.60 and a one year high of $5.14. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of -0.92 and a beta of 1.81.

Plug Power (NASDAQ:PLUG) last issued its quarterly earnings results on Tuesday, November 12th. The electronics maker reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.01). The business had revenue of $173.70 million for the quarter, compared to analysts’ expectations of $207.25 million. Plug Power had a negative return on equity of 47.36% and a negative net margin of 214.05%. The business’s revenue for the quarter was down 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.47) EPS.

Hedge Funds Weigh In On Plug Power

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PLUG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Plug Power by 5.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,929,676 shares of the electronics maker’s stock worth $4,361,000 after purchasing an additional 92,736 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Plug Power by 0.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 803,881 shares of the electronics maker’s stock valued at $1,817,000 after purchasing an additional 5,485 shares during the period. First Commonwealth Financial Corp PA acquired a new stake in Plug Power during the 3rd quarter worth approximately $29,000. MetLife Investment Management LLC grew its position in Plug Power by 166.4% in the 3rd quarter. MetLife Investment Management LLC now owns 424,297 shares of the electronics maker’s stock valued at $959,000 after buying an additional 265,042 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Plug Power by 24.5% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,421,222 shares of the electronics maker’s stock worth $5,472,000 after purchasing an additional 476,060 shares in the last quarter. Hedge funds and other institutional investors own 43.48% of the company’s stock.

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.