Plug Power Shares Dip Pre-market; Full-year Revenue Jumps 12.9% to $710M
Plug Power premarket shares fell 2.82% to $2.41 as it prepares to ring the NASDAQ Closing Bell with CEO Jose Luis Crespo available for interviews. The company reported 12.9% full-year revenue growth to $710 million, including $187 million from GenEco electrolyzers and an $8 billion sales funnel, and forecasts similar 2026 growth.
1. Premarket Share Decline
Plug Power shares declined 2.82% to around $2.41 in Thursday’s premarket session, trading 10.2% below its 20-day simple moving average and 12.5% below its 100-day SMA, reflecting continued bearish momentum near its 52-week lows.
2. NASDAQ Bell Ceremony Preview
The company is set to ring the NASDAQ Closing Bell on March 6, 2026, where new CEO Jose Luis Crespo will be available for interviews to outline recent operational progress and strategic priorities.
3. Full-year 2025 Financial Results
Plug Power reported full-year 2025 revenue of approximately $710 million, up 12.9% year-over-year. Its GenEco electrolyzers contributed a record $187 million, supported by over 300 MW deployed globally and an $8 billion commercial sales funnel.
4. Outlook and Analyst Forecasts
Management projects 2026 revenue growth to mirror last year’s pace. For Q1, analysts forecast a $0.09 per share loss and $178.29 million in revenue, with a consensus Hold rating and an average price target of $2.41.