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Plug Power Gains Momentum After Earnings As Analysts Raise Forecast
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- Plug Power Gains Momentum After Earnings As Analysts Raise Forecast Akanksha Bakshi Thu, May 14, 2026 at 12:15 AM GMT+7 3 min read PLUG Plug Power Inc.
- On Monday, the hydrogen fuel cell company reported a first-quarter loss of 8 cents per share, beating expectations for a 9-cent loss.
- Management also reaffirmed progress toward achieving "EBITDAS positive" results in the fourth quarter of 2026.
Plug Power Gains Momentum After Earnings As Analysts Raise Forecast Akanksha Bakshi Thu, May 14, 2026 at 12:15 AM GMT+7 3 min read PLUG Plug Power Inc. (NASDAQ:PLUG) shares rose on Wednesday as investors reacted to stronger-than-expected first-quarter results and a wave of analyst price target increases.
On Monday, the hydrogen fuel cell company reported a first-quarter loss of 8 cents per share, beating expectations for a 9-cent loss. Revenue came in at $163.51 million, ahead of the $141.17 million consensus estimate.
Management also reaffirmed progress toward achieving "EBITDAS positive" results in the fourth quarter of 2026.
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