What is Roth Capital’s Estimate for Plug Power Q1 Earnings?

Plug Power Inc. (NASDAQ:PLUG) – Investment analysts at Roth Capital issued their Q1 2025 earnings estimates for shares of Plug Power in a report released on Tuesday, November 12th. Roth Capital analyst C. Irwin expects that the electronics maker will post earnings of ($0.18) per share for the quarter. The consensus estimate for Plug Power’s current full-year earnings is ($1.16) per share. Roth Capital also issued estimates for Plug Power’s Q2 2025 earnings at ($0.17) EPS and Q3 2025 earnings at ($0.11) EPS.

Plug Power (NASDAQ:PLUG) last released its quarterly earnings results on Tuesday, November 12th. The electronics maker reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.01). The business had revenue of $173.70 million during the quarter, compared to analyst estimates of $207.25 million. Plug Power had a negative net margin of 214.05% and a negative return on equity of 46.99%. The firm’s quarterly revenue was down 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.47) earnings per share.

Other research analysts also recently issued research reports about the company. BTIG Research downgraded Plug Power from a “buy” rating to a “neutral” rating in a research note on Thursday. Canaccord Genuity Group dropped their target price on shares of Plug Power from $2.50 to $2.25 and set a “hold” rating for the company in a research report on Wednesday. Jefferies Financial Group reduced their price target on shares of Plug Power from $2.20 to $2.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. Craig Hallum decreased their price objective on shares of Plug Power from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company cut their target price on Plug Power from $3.00 to $2.00 and set an “equal weight” rating for the company in a research note on Thursday. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Plug Power currently has an average rating of “Hold” and a consensus target price of $4.52.

Plug Power Price Performance

Shares of NASDAQ PLUG opened at $1.87 on Thursday. The stock has a market capitalization of $1.64 billion, a PE ratio of -0.87 and a beta of 1.81. Plug Power has a fifty-two week low of $1.60 and a fifty-two week high of $5.14. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 0.91. The business has a fifty day moving average price of $2.08 and a two-hundred day moving average price of $2.40.

Hedge Funds Weigh In On Plug Power

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pitcairn Co. grew its stake in shares of Plug Power by 27.1% in the first quarter. Pitcairn Co. now owns 19,561 shares of the electronics maker’s stock worth $67,000 after purchasing an additional 4,169 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Plug Power by 42.3% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 15,798 shares of the electronics maker’s stock valued at $36,000 after buying an additional 4,700 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of Plug Power by 18.2% in the third quarter. Arkadios Wealth Advisors now owns 33,020 shares of the electronics maker’s stock valued at $75,000 after buying an additional 5,075 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Plug Power by 0.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 803,881 shares of the electronics maker’s stock worth $1,817,000 after acquiring an additional 5,485 shares during the last quarter. Finally, Catalyst Capital Advisors LLC lifted its stake in shares of Plug Power by 79.9% in the third quarter. Catalyst Capital Advisors LLC now owns 12,681 shares of the electronics maker’s stock worth $29,000 after acquiring an additional 5,631 shares during the period. 43.48% of the stock is currently owned by institutional investors and hedge funds.

About Plug Power

Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.