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Plug Power ( (PLUG) ) just unveiled an update.
On July 8, 2025, Plug Power issued a warrant to YA II PN, Ltd. for the purchase of 31,500,000 shares of common stock at an exercise price of $1.37, following stockholder approval to increase authorized shares or conduct a reverse stock split. The warrant, exercisable immediately and expiring on July 10, 2028, was issued under an exemption from registration under the Securities Act. On July 9, 2025, Plug Power filed a prospectus supplement for the resale of common stock issuable upon exercise of the warrant, indicating a strategic move to enhance liquidity and shareholder value.
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 is primarily affected by its weak financial performance, with significant negative margins and cash flow inefficiencies. Despite positive technical momentum and promising corporate developments, the company’s valuation challenges and financial hurdles weigh heavily on its score.
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 providing hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.
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.