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Plug Power Extends Sales Agreement with B. Riley

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Plug Power Extends Sales Agreement with B. Riley

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Plug Power ( (PLUG) ) just unveiled an update.

Plug Power Inc. has extended its At Market Issuance Sales Agreement with B. Riley Securities, Inc. through Amendment No. 3, dated August 15, 2025. This amendment allows the company to continue offering and selling its common stock, with a total potential gross sales price of up to $1 billion, until August 15, 2027, or until all shares are sold, under its automatic shelf registration statement filed with the SEC.

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 significant financial challenges, offset by positive technical indicators and strategic corporate developments. The company’s strong earnings call and corporate events highlight potential for future growth, but profitability and valuation concerns weigh heavily.

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 the development and commercialization of hydrogen fuel cell systems for electric power generation in the stationary and transportation markets.

Average Trading Volume: 99,434,984

Technical Sentiment Signal: Sell

Current Market Cap: $1.91B

Find detailed analytics on PLUG stock on TipRanks’ Stock Analysis page.

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