Susquehanna cuts target for Plug Power stock to USD 1.75
Published on 10/24/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSusquehanna cuts target to USD 1.75
- Susquehanna lowered its Plug Power target from USD 2.50 to USD 1.75 on October 14, 2026.
- Plug Power is scheduled to report third-quarter results on November 9, 2026.
- Plug Power stock costs EUR 1.23 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, minus 0.16 percent versus the Xetra close of October 23, 2026.
- Plug Power's Q2 2026 revenue reached USD 178.30 million, up 2.50 percent year over year.
Susquehanna lowered its Plug Power target from USD 2.50 to USD 1.75 on October 14, 2026, while maintaining a Neutral rating, according to MarketBeat. Against the USD 1.38 Nasdaq close on October 23, 2026, the new target is 26.81 percent higher. Plug Power was trading at EUR 1.23 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, minus 0.16 percent versus the Xetra close of October 23, 2026 at EUR 1.23.
Revenue reached USD 178.30 million
Plug Power reported USD 178.30 million in revenue for the second quarter of 2026, up 2.50 percent from USD 174.00 million in the same quarter a year earlier, according to MarketBeat. The company also posted a net loss attributable to common shareholders of USD 188.21 million and diluted earnings per share of minus USD 0.14 in Q2 2026.
Stock sits 71.59 percent below its high
At USD 1.38 on the Nasdaq on October 23, 2026, Plug Power stood 67.90 percent below its 52-week high of USD 4.33 and 2.99 percent above its 52-week low of USD 1.34. The same session showed volume of 26,403,148 shares, while the company's year-to-date performance was minus 27.01 percent.
November 9 is the next reporting date
Plug Power is estimated to report third-quarter 2026 results on November 9, 2026, after the market close, with a conference call scheduled for 4:30 p.m. ET, according to MarketBeat. The consensus revenue estimate is USD 197.78 million, compared with USD 177.06 million in the same quarter of 2025, a projected increase of 11.70 percent.
Comparison with peers
Plug Power: minus 0.16 percent, price-to-earnings ratio minus 1.01, market capitalization USD 1.9 billion
Ballard Power Systems (NASDAQ, USD): minus 1.34 percent, price-to-earnings ratio minus 5.74, market capitalization USD 443.2 million
FuelCell Energy (NASDAQ, USD): minus 4.06 percent, price-to-earnings ratio minus 3.24, market capitalization USD 888.3 million
Plug Power remains near its yearly low
Plug Power's EUR 1.23 quote at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST was 0.16 percent below the Xetra close of October 23, 2026 at EUR 1.23. The Nasdaq close was USD 1.38 on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of Plug Power stock.
Plug Power at a glance
- Company: Plug Power Inc.
- ISIN: US72919P2020
- Ticker: PLUG
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 1.23
- Change versus Xetra close: minus 0.16 percent
- Xetra close (October 23, 2026): EUR 1.23
- Market capitalization: USD 1.9 billion (as of October 23, 2026)
- 52-week range: USD 1.34-USD 4.33 (as of October 23, 2026)
- Sector / Industry: Renewable energy equipment and services
Market context: Market report S&P 500.
