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The latest announcement is out from Plug Power ( (PLUG) ).
On July 3, 2025, Plug Power Inc. held its annual stockholders meeting where several key proposals were voted on. The stockholders elected three Class II Directors and approved the Reverse Stock Split Proposal, the 2021 Plan Amendment Proposal, and the advisory resolution on executive compensation. However, proposals to increase authorized shares, amend voting requirements, and officer exculpation were not approved. Deloitte was ratified as the independent auditor for 2025.
The most recent analyst rating on (PLUG) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Plug Power stock, see the PLUG Stock Forecast page.
Spark’s Take on PLUG Stock
According to Spark, TipRanks’ AI Analyst, PLUG is a Neutral.
Plug Power’s overall stock score reflects its financial struggles, with persistent profitability and cash flow challenges being significant concerns. However, positive developments from the earnings call, including strategic cost reductions and market expansion, provide some optimism. Technical indicators offer a mixed view, while valuation remains unattractive due to ongoing losses.
To see Spark’s full report on PLUG stock, click here.
More about Plug Power
Plug Power Inc. operates in the alternative energy industry, focusing on hydrogen fuel cell systems and solutions. The company is a leader in providing clean energy solutions, primarily for electric vehicles, stationary power, and other industrial applications, aiming to transform the energy landscape with its innovative hydrogen technology.
Average Trading Volume: 122,650,053
Technical Sentiment Signal: Sell
Current Market Cap: $1.57B
For a thorough assessment of PLUG stock, go to TipRanks’ Stock Analysis page.