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Mar 3, 2026 8:20 AM

What's Going On With Plug Power Stock Today?

Plug Power, Inc. (NASDAQ:PLUG) shares are trading higher in the premarket session on Tuesday.

The firm appointed Jose Luis Crespo as Chief Executive Officer, marking the start of the company’s “next phase of disciplined growth and focused execution”. Crespo assumed the role on March 2, 2026.

On Monday, the firm signaled a strategic shift toward disciplined growth as it closed out 2025 with improved margins and tighter cash management during the company’s fourth-quarter conference call.

Earnings Snapshot

Plug Power reported a fourth-quarter loss of 63 cents per share, missing the analyst estimate for a loss of 10 cents, according to Benzinga Pro data.

Quarterly revenue came in at $225.2 million, which beat the consensus estimate of $217.77 million.

What We Learned From The Earnings Call

New CEO Jose Luis Crespo used his first earnings call to outline a roadmap aimed at sustained profitability after years of heavy investment.

The company reported roughly 30% revenue growth for 2025 and posted a positive gross margin in the ...

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