Plug Power Rises Pre-Market Ahead of Key Earnings Report
Plug Power Inc. (NASDAQ: PLUG) is bracing for its upcoming earnings release today. This is a pivotal moment for the hydrogen fuel cell company after a year marked by extreme volatility and a remarkable, yet precarious, six-month rally. Plug Power shares are trading at $2.79 in the pre-market session, reflecting a 5.02% increase from the previous close. Can Plug Power sustain its recent momentum, or will lingering financial concerns and analyst skepticism bring the rally to a screeching halt?
Analysts are estimating an earnings per share (EPS) of -$0.13 for the current quarter, with projections of -$0.10 for the next quarter. Full-year estimates point to -$0.61 for fiscal year 2025 and -$0.34 for fiscal year 2026, suggesting a gradual…
