Plug Power, US72919P2020

Plug Power stock: At 68.13 percent below its 52-week high, Plug Power stock sits

Published on 10/22/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 178.30 million, up 2.50 percent year over year in Q2 2026. Plug Power stock costs EUR 1.24 on October 22, 2026.

Price position and company figures

Plug Power stock stood 68.13 percent below its 52-week high on October 22, 2026.
Second-quarter revenue reached USD 178.30 million, up 2.50 percent year over year.
Plug Power stock costs EUR 1.24 at Lang & Schwarz on October 22, 2026 at 10:52 p.m. CEST.
Plug Power had a USD 1.9 billion market capitalization on October 22, 2026.

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Plug Power (ISIN US72919P2020) stood 68.13 percent below its 52-week high of USD 4.33 on October 22, 2026, based on a Nasdaq price of USD 1.38. The company reported USD 178.30 million in second-quarter revenue, up 2.50 percent year over year, according to Trefis. Plug Power was trading at EUR 1.24 at Lang & Schwarz on October 22, 2026 at 10:52 p.m. CEST.

Revenue growth meets tighter margins

The second-quarter revenue figure came with a gross loss of 0.90 percent of revenue, compared with a gross loss of 30.70 percent in the same period of 2025. Trefis also reported that revenue growth slowed to 2.50 percent from 22.00 percent in the prior period, while Plug's operating loss over the latest twelve months equaled 68.00 percent of revenue.

Plug Power's own investor-relations page describes an integrated hydrogen business spanning production, storage, delivery and energy generation. The company said it had deployed more than 74,000 fuel cell systems and operated over 280 fueling stations on its investor-relations page.

The stock stays near its yearly low

The Nasdaq price of USD 1.38 on October 22, 2026 was USD 0.04 above the 52-week low of USD 1.34 and USD 2.95 below the 52-week high of USD 4.33. Plug Power's market capitalization was USD 1.9 billion, while trading volume reached 44,977,601 shares on the same date.

For comparison, Ballard Power Systems traded at USD 1.49 on October 22, 2026, down 1.97 percent, with a USD 449.2 million market capitalization and a negative P/E of -5.82. FuelCell Energy traded at USD 11.58, down 12.27 percent, with a USD 925.9 million market capitalization and a negative P/E of -3.38.

November brings two scheduled events

Plug Power scheduled its third-quarter 2026 results and earnings call for November 9, 2026, followed by its digital Global Plug Symposium on November 19, 2026, according to MarketScreener. The same release said preliminary third-quarter revenue was expected to grow above 10.00 percent year over year and that net cash usage was USD 28.00 million.

Plug Power stock is being assessed against a USD 1.34 low and a USD 4.33 high, while the latest reported quarter combined higher revenue with a narrower gross loss. The scheduled November dates provide the next company-specific checkpoints.