Plug Power (PLUG -2.30%) has a long history. The company was founded in 1997, going public in 1999 near the height of the dot-com boom.
Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Plug Power (NASDAQ: PLUG), previously regarded as a significant player in the clean hydrogen revolution, is experiencing a resurgence in 2025. The stock is currently priced at approximately $3.80, reflecting an increase of about 60% year-to-date, as investor confidence grows due to indicators of stabilizing operations, improved cost management, and advancements toward achieving profitability.
PLUG's Quantum Leap program and cost cuts drive major margin gains, with fresh savings set to boost cash flow and liquidity in the quarters ahead.
Plug Power (PLUG) closed at $3.66 in the latest trading session, marking a -5.56% move from the prior day.
Plug Power's NASDAQ: PLUG stock has been on an explosive run, surging over 180% in the last month and hitting a new 52-week high on massive trading volume that has captured the market's attention. For a stock with a history of extreme volatility, it is natural to question whether this rally is a speculative fever dream fueled by a short squeeze, where investors betting against the stock are forced to buy back shares.
Plug Power's stock is extending its recent surge as investors look to how a hydrogen producer can be an artificial-intelligence play.
Plug Power (PLUG 35.16%) stock is on a roll. Since May, shares have shot higher in value by more than 250%.
BE and PLUG stock are utilizing fuel cell technology to provide reliable, clean energy to their customers.
Plug Power Inc. PLUG and Flux Power Holdings, Inc. FLUX are both familiar names operating in the clean energy market. As rivals, these companies are engaged in manufacturing advanced energy storage solutions for the electrification of commercial and industrial equipment in the United States and internationally.
Clean energy is a long-running growth trend in the industrial sector. Hydrogen fuel cells have promise due to their ability to produce electricity with heat and water vapor as their only by-product.
Over the past 25 years, Plug Power (PLUG 9.09%) has demonstrated that there's a strong appetite for both fuel cell solutions and hydrogen. From its longtime partnership with Walmart to the recent development of a hydrogen production plant in Louisiana, Plug has notched a variety of victories.