Plug Power Issues Series F Stock to CEO

Plug Power ( (PLUG) ) has issued an update.

On June 5, 2025, Plug Power Inc. announced the issuance of a single share of its newly designated Series F Mirroring Preferred Stock to CEO Andrew J. Marsh for $1,000. This move is intended to facilitate a vote on a proposed reverse stock split at the upcoming annual meeting on July 3, 2025. The Series F Mirroring Preferred Stock is designed to reflect the voting preferences of common stockholders on the reverse stock split proposal without overriding their decisions. This strategic step is crucial for aligning shareholder interests and potentially impacting the company’s stock structure.

The most recent analyst rating on (PLUG) stock is a Hold with a $2.00 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 driven by its challenging financial performance and poor valuation metrics. However, positive developments from recent earnings and corporate initiatives provide some optimism. Technical analysis suggests caution due to bearish trends.

To see Spark’s full report on PLUG stock, click here.

More about Plug Power

Plug Power Inc. operates in the alternative energy industry, specializing in hydrogen fuel cell systems and solutions. The company focuses on providing clean energy products and services, aiming to revolutionize the energy landscape with sustainable and innovative technologies.

Average Trading Volume: 105,538,190

Technical Sentiment Signal: Sell

Current Market Cap: $1B

See more data about PLUG stock on TipRanks’ Stock Analysis page.