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Here's Why Plug Power Stock Soared 37.6% in the First Half of 2026

The Motley Fool·
Here's Why Plug Power Stock Soared 37.6% in the First Half of 2026

Plug Power stock surged 37.6% in the first half of 2026, driven by improved financial results and cost-saving initiatives. The company reported a 2.4% gross margin in Q4 2025 (vs. negative 123% in Q4 2024) and beat Q1 2026 revenue expectations with $163.5 million. CEO Jose Luis Crespo reaffirmed the company's path to positive EBITDAS by Q4 2026. However, shares declined 19% since June 30 with no negative news reported.

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