Plug Power Inc. ($PLUG) Stock Forecast: Down 6.5% Today

What is Plug Power Inc.?

Plug Power Inc. (PLUG) specializes in hydrogen fuel cell technology for transportation and logistics. The stock experienced downward movement today amid market volatility.

Why is Plug Power Inc. going down?

PLUG stock is down 6.5% on Jan 16, 2026 14:42

• Plug Power saw a 3.83% decrease compared to competitors, possibly due to several factors:
• The company's projected losses for the current quarter and year might have impacted investor confidence, despite improvements over the previous year.
• Insider selling by Benjamin Haycraft, the Chief Strategy Officer, could have sparked concerns about future prospects.
• Mixed short-term performance and differing valuation assessments indicate uncertainty around Plug Power's true market worth, causing investor hesitation.
• Market fluctuations and industry trends likely contributed to today's bearish performance.

PLUG Price Chart

PLUG Technical Analysis

PLUG News

Plug Power Inc. Stock Underperforms Thursday When Compared To Competitors

Plug Power Inc. experienced an underperformance on Thursday compared to its competitors, with its stock dropping 3.83%. This news follows Unity Software's fourth-quarter financial results, which reported a 35% year-over-year revenue increase to $609 million, surpassing estimates, despite a quarterly loss of 66 cents per share. The broader market context or specific reasons for Plug Power's underperformance were not detailed.

https://news.futunn.com/en/post/67475008/plug-power-inc-stock-underperforms-thursday-when-compared-to-competitors

Plug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Know

Plug Power (PLUG) has seen increased investor attention, reflected by its recent positive stock performance (+8.8% over the past month). Despite this, the company is expected to report a loss for the current quarter and fiscal year, though with significant improvements compared to the prior year. Zacks has given PLUG a "Hold" rating, suggesting it may perform in line with the broader market in the near term.

https://finance.yahoo.com/news/plug-power-inc-plug-attracting-140005120.html

Is Plug Power (PLUG) Pricing Reflect A Bottom After Multi Year Share Price Slide

Plug Power (PLUG) has experienced significant share price declines over multiple years, yet short-term performance has shown mixed signals. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 65.3%, while a Price-to-Sales (P/S) comparison indicates it is overvalued compared to industry peers. The article emphasizes that different valuation approaches yield varying conclusions, urging investors to consider multiple factors.

https://simplywall.st/stocks/us/capital-goods/nasdaq-plug/plug-power/news/is-plug-power-plug-pricing-reflect-a-bottom-after-multi-year

Insider Sell: Benjamin Haycraft Sells 40,000 Shares of Plug Powe

Benjamin Haycraft, Chief Strategy Officer & General Manager of EMEA at Plug Power Inc, sold 40,000 shares of the company on January 12, 2026. This transaction brings his total ownership to 333,809 shares. Over the past year, Haycraft has sold 110,972 shares, with the company's insider transaction history showing 3 buys and 5 sells. Plug Power's stock is currently trading at $2.17, making it significantly overvalued based on its GF Value of $1.61.

https://www.gurufocus.com/news/4112118/insider-sell-benjamin-haycraft-sells-40000-shares-of-plug-power-inc-plug

Plug Power (NASDAQ:PLUG) Insider Sells $86,800.00 in Stock

Plug Power insider Benjamin Haycraft sold 40,000 shares of the company's stock for $86,800 on January 12th, reducing his ownership by 10.70%. This sale follows previous transactions in November and December, totaling 90,000 shares sold for approximately $204,000 since November. The company currently holds a "Hold" rating from MarketBeat with a consensus target price of $2.73 and has a market capitalization of $3.27 billion.

https://www.marketbeat.com/instant-alerts/plug-power-nasdaqplug-insider-sells-8680000-in-stock-2026-01-14/

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Plug Power Inc. Price History

19.11.2025 - PLUG Stock was down 9.3%

• Today's bearish movement in Plug Power's stock can be attributed to the following factors:
• Recent positive developments, such as the installation of a 5MW GenEco electrolyzer in Namibia and progress in green hydrogen projects, are overshadowed by concerns over the suspension of hydrogen production facility plans and potential implications on a federal loan guarantee.
• An ongoing investigation by Bronstein, Gewirtz & Grossman, LLC into allegations against Plug Power related to a stock price decline following the halted facility plans has introduced uncertainty and possible legal repercussions for the company.
• Investor sentiment towards Plug Power is influenced by persistent losses, cash flow challenges, and risks of shareholder dilution, especially given the dynamic hydrogen market environment and broader economic conditions.

02.00.2026 - PLUG Stock was up 5.7%

• Despite a recent decrease in price target by Clear Street, Plug Power's stock experienced a positive movement following an upgrade to "Buy," indicating strong investor confidence.
• Factors driving market dynamics include efforts to manage cash burn, financing risks, and the impending shareholder vote on equity issuance.
• Plug Power's strategic plans to enhance profitability through cost reductions, price increases, and growth in volume are likely fostering positive investor sentiment.
• Key developments such as the deployment of a GenEco electrolyzer system in Namibia and a deal to supply liquid hydrogen to NASA are underscoring the company's growth potential in the green hydrogen sector, further boosting investor confidence.

07.00.2026 - PLUG Stock was down 6.2%

• Factors contributing to the bearish movement in Plug Power's stock today include:
• Short interest reaching 25%, driven by concerns about dilution and losses.
• Financial difficulties like negative gross profit margins and cash burn, despite recent positive developments.
• Shareholder vote on January 29 regarding issuing more stock, potentially impacting investor sentiment.
• Ongoing challenges with margins and liquidity, despite recent cost-cutting efforts and new contracts.

17.11.2025 - PLUG Stock was up 5.6%

• Today's positive momentum for Plug Power is linked to securing a contract for 55 MW of GenEco PEM electrolysers for green-hydrogen projects in the UK, showcasing the company's growth in the clean energy sector.
• Despite challenges like ongoing losses and market uncertainties, Plug Power's focus on strategic wins like the UK contracts and partnerships with NASA has boosted investor confidence and the stock price.
• An inquiry into potential securities fraud and concerns about hydrogen production facilities resulted in a stock price drop. However, this created a buying opportunity for investors optimistic about Plug Power's future progress and resolution of the situation.

09.00.2026 - PLUG Stock was down 6.0%

• The bearish movement in Plug Power's stock today could be attributed to the elevated short interest reaching 25%, reflecting concerns about dilution and significant losses, resulting in a nearly 50% decline from its October high.
• The signing of the Release Event License Agreement with Walmart, aimed at eliminating potential dilution of Plug Power shares, may not have fully counteracted the negative sentiment surrounding the company.
• Participation in the Goldman Sachs Energy, CleanTech & Utilities conference may have raised investor expectations, but the company's ongoing financial challenges and mixed analyst opinions likely overshadowed any positive outlook from the event.
• Overall, the combination of high short interest, financial struggles, and uncertain market sentiment probably contributed to the bearish movement in Plug Power's stock today.

05.00.2026 - PLUG Stock was up 5.7%

• Following an analyst upgrade, a cost-saving program, and new green hydrogen contracts, Plug Power's stock increased by 7.7%, reflecting positive market sentiment towards the company's strategic shift.
• Analysts foresee a more than 27% increase for Plug Power's stock, demonstrating confidence in the company's actions to accelerate global investment in hydrogen production.
• The company's emphasis on expanding green hydrogen projects, like deploying a 5MW electrolyzer in Namibia and securing a liquid hydrogen distribution agreement with NASA, demonstrates its dedication to sustainable energy solutions.
• Investors are monitoring Plug Power's efforts to address margin concerns, liquidity issues, and upcoming shareholder votes. Successfully executing cost-cutting measures is key to driving profitability and shareholder value.

06.00.2026 - PLUG Stock was up 5.4%

• PLUG stock saw significant growth today, jumping by 7.7%.
• The market responded well to cost-cutting efforts, new green hydrogen agreements, and an analyst's positive evaluation.
• The company's shift towards integrated green hydrogen projects and partnerships, including collaborations with organizations like NASA, contributed to the stock's rise.
• Despite the uptick, worries about ongoing margin challenges, financial liquidity, and potential dilution from upcoming votes persist. This underscores the fine line between growth opportunities and financial vulnerabilities for Plug Power.

12.00.2026 - PLUG Stock was up 5.1%

• Despite a downgrade by TD Cowen and skepticism from analysts, Plug Power's bullish movement suggests that investors are optimistic about the company's long-term prospects.
• The upcoming shareholder vote on broadening stock issuance capacity and the presentation at the Goldman Sachs Energy Conference will be crucial events to monitor for potential shifts in sentiment.
• The stock's performance, despite operational challenges and mixed analyst ratings, indicates that investors are focusing on Plug Power's revenue growth, cash efficiency, and strategic initiatives in the hydrogen infrastructure sector.
• The underperformance of Plug Power compared to the broader market indices and its sector may indicate that investors are cautiously optimistic and awaiting further clarity on the company's financial performance and growth trajectory.

23.11.2025 - PLUG Stock was down 6.3%

• The decline in Plug Power's stock price is linked to the decision to halt the construction of six hydrogen production facilities, jeopardizing a significant federal loan guarantee and leading to apprehension among investors, resulting in a sell-off.
• Ongoing inquiries by legal firms into potential securities fraud or unethical business practices have intensified the negative sentiment surrounding Plug Power, further contributing to the stock's decline.
• The introduction of the GenEco electrolyzer in Namibia highlighted the company's dedication to green hydrogen initiatives. However, uncertainties regarding the federal loan guarantee and concerns about profitability continue to impact investor confidence, underlining the stock's volatility.

16.00.2026 - PLUG Stock was down 6.5%

• Plug Power saw a 3.83% decrease compared to competitors, possibly due to several factors:
• The company's projected losses for the current quarter and year might have impacted investor confidence, despite improvements over the previous year.
• Insider selling by Benjamin Haycraft, the Chief Strategy Officer, could have sparked concerns about future prospects.
• Mixed short-term performance and differing valuation assessments indicate uncertainty around Plug Power's true market worth, causing investor hesitation.
• Market fluctuations and industry trends likely contributed to today's bearish performance.

12.11.2025 - PLUG Stock was up 7.8%

• PLUG saw a sharp increase in its stock price recently.
• This uptrend is linked to the company's strategic progress in the hydrogen and fuel cell market, including its expansion in Europe and a significant partnership with NASA for liquid hydrogen supply.
• Despite doubts from some investors on Wall Street due to ongoing financial losses and restructuring efforts, PLUG's positive initiatives in France and the NASA agreement have bolstered confidence in the company's growth potential and path to profitability.
• While initial concerns arose regarding an inquiry by Pomerantz LLP into possible securities fraud or illicit business practices, the favorable developments related to PLUG's projects and partnerships have outweighed these issues, contributing to the recent stock uptick.

15.11.2025 - PLUG Stock was down 5.2%

• The decline in Plug Power's stock price today is linked to the company's decision to halt plans for six hydrogen production facilities, which could impact a significant federal loan guarantee. This development has sparked worries among investors regarding Plug Power's future growth potential.
• Insider selling by Benjamin Haycraft, a Plug Power insider, may have also contributed to the negative sentiment surrounding the stock. Such insider activity can sometimes suggest doubts about the company's performance or future prospects, affecting investor trust.
• Ongoing investigations by Pomerantz LLP regarding alleged securities fraud and unlawful business practices involving Plug Power and its executives could be adding to the uncertainty and selling pressure on the stock. Legal issues often lead to higher volatility and can drag down a company's stock value.
• Despite recent positive news like securing new contracts with NASA and financing efforts, the overall risky and turnaround nature of Plug Power's stock, along with persistent financial struggles and concerns about dilution, are likely factors in the prevailing bearish sentiment among investors.