Faruqi & Faruqi Investigates Potential Claims Against Plug Power
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PLUG?
Source: Globenewswire
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Plug Power for securities transactions between January 17 and November 13, 2025, urging investors to seek lead plaintiff status by April 3, 2026, which could impact the company's reputation and stock price.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignations of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.29% drop in stock price on the same day, indicating a negative impact on market confidence due to executive turnover.
- Disappointing Financial Results: In its November 10, 2025 earnings report, Plug Power projected over $275 million in liquidity but announced the suspension of its DOE loan program, leading to a 3.39% decline in stock price, reflecting the risks associated with the company's strategic pivot.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, potentially jeopardizing a $1.66 billion DOE loan, causing a 17.58% drop in stock price over the next two trading sessions, highlighting market concerns about the company's future prospects.
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Analyst Views on PLUG
Wall Street analysts forecast PLUG stock price to rise
15 Analyst Rating
4 Buy
8 Hold
3 Sell
Hold
Current: 1.910
Low
0.75
Averages
2.46
High
7.00
Current: 1.910
Low
0.75
Averages
2.46
High
7.00
About PLUG
Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Plug Power to Announce 2025 Q4 and Year-End Results on March 2
- Earnings Call Announcement: Plug Power will hold a conference call on March 2, 2026, at 4:30 PM ET to announce its fourth quarter and year-end results for 2025, which is expected to provide investors with critical performance metrics and future outlook.
- Hydrogen Solutions Leader: As a global leader in the hydrogen economy, Plug Power offers a comprehensive range of hydrogen solutions, including electrolyzers, liquid hydrogen, and fuel cell systems, advancing energy independence and large-scale decarbonization, showcasing its first-mover advantage in the industry.
- Global Deployment: Plug Power has deployed electrolyzers across five continents, delivering over 72,000 fuel cell systems and 285 fueling stations, making it the largest user of liquid hydrogen, indicating its leadership position in hydrogen production.
- Production Capacity Expansion: The company’s hydrogen plants in Georgia, Tennessee, and Louisiana are currently capable of producing 40 tons of hydrogen per day, and its rapidly expanding generation network ensures reliable domestic supply, supporting its growth strategy in the global market.
See More
Faruqi & Faruqi Investigates Potential Claims Against Plug Power
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Plug Power for securities transactions between January 17 and November 13, 2025, urging investors to seek lead plaintiff status by April 3, 2026, which could impact the company's reputation and stock price.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignations of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.29% drop in stock price on the same day, indicating a negative impact on market confidence due to executive turnover.
- Disappointing Financial Results: In its November 10, 2025 earnings report, Plug Power projected over $275 million in liquidity but announced the suspension of its DOE loan program, leading to a 3.39% decline in stock price, reflecting the risks associated with the company's strategic pivot.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, potentially jeopardizing a $1.66 billion DOE loan, causing a 17.58% drop in stock price over the next two trading sessions, highlighting market concerns about the company's future prospects.
See More
Class Action Filed Against Plug Power for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Plug Power and its officers, alleging violations of federal securities laws from January to November 2025, seeking to recover damages for investors.
- Allegations of Misrepresentation: The complaint claims that during the class period, defendants made false or misleading statements and failed to disclose significant overstatements regarding the availability of funds from the DOE Loan and the construction of hydrogen production facilities.
- Investor Action Deadline: Affected investors have until April 3, 2026, to request to be appointed as lead plaintiff to participate in any potential recovery, with the option to share in any recovery without serving as lead plaintiff.
- Law Firm Credentials: Bronstein, Gewirtz & Grossman LLC is recognized for recovering hundreds of millions for investors, emphasizing its expertise in securities fraud class actions and commitment to restoring investor capital and ensuring corporate accountability.
See More
Plug Power Faces Class Action Lawsuit Amid Significant Stock Drops
- Class Action Filed: Bleichmar Fonti & Auld LLP has initiated a class action lawsuit against Plug Power and its executives for securities fraud, following significant stock drops due to potential violations of federal securities laws, with investors encouraged to apply to lead the case by April 3, 2026.
- Stock Price Volatility: Plug Power's stock fell from $4.13 to $3.87, a 6.3% drop, on October 7, 2025, after the abrupt departure of its CEO and President; a month later, the stock dropped another 3.4% due to the suspension of DOE loan activities.
- Loan Guarantee Issues: The company previously announced a $1.66 billion DOE loan guarantee to support six hydrogen production projects, but the lawsuit alleges that Plug Power overstated the likelihood of receiving these funds, undermining investor confidence.
- Legal Consequences and Risks: The case is pending in the U.S. District Court for the Northern District of New York, and an unfavorable ruling could have long-term implications for Plug Power's financial health and market reputation, prompting investors to monitor developments closely.
See More
Reminder of Class Action Lawsuit for Plug Power Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Plug Power made false and misleading statements during the class period, overstating the availability of funds from the U.S. Department of Energy, which led to investor losses when the truth emerged.
- Law Firm's Track Record: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its successful track record and extensive experience in this field.
- Investor Selection Advice: Investors are advised to carefully choose legal counsel and avoid working with inexperienced intermediaries to ensure effective legal representation and support in the class action.
See More
Clean Energy Stock Battle: NuScale Wins
- NuScale's Market Advantage: NuScale Power boasts a market cap of $3.6 billion, and although its reactors are not yet deployed, its design has received approval from the U.S. Nuclear Regulatory Commission, creating a competitive moat and expected revenue growth post-2029.
- Improving Financial Position: As of Q3 2025, NuScale's cash and investments totaled $753.8 million with no debt, indicating a strengthening financial position that provides ample support for the future launch of its small modular reactors.
- Plug Power's Revenue Challenges: Plug Power reported $484 million in revenue for the first three quarters of 2025, but its negative cash flow and a staggering gross margin of -7128.74% highlight severe profitability issues, forcing a strategic reevaluation.
- Strategic Transformation Plan: Plug Power has initiated
See More
Plug Power to Announce 2025 Q4 and Year-End Results on March 2
- Earnings Call Announcement: Plug Power will hold a conference call on March 2, 2026, at 4:30 PM ET to announce its fourth quarter and year-end results for 2025, which is expected to provide investors with critical performance metrics and future outlook.
- Hydrogen Solutions Leader: As a global leader in the hydrogen economy, Plug Power offers a comprehensive range of hydrogen solutions, including electrolyzers, liquid hydrogen, and fuel cell systems, advancing energy independence and large-scale decarbonization, showcasing its first-mover advantage in the industry.
- Global Deployment: Plug Power has deployed electrolyzers across five continents, delivering over 72,000 fuel cell systems and 285 fueling stations, making it the largest user of liquid hydrogen, indicating its leadership position in hydrogen production.
- Production Capacity Expansion: The company’s hydrogen plants in Georgia, Tennessee, and Louisiana are currently capable of producing 40 tons of hydrogen per day, and its rapidly expanding generation network ensures reliable domestic supply, supporting its growth strategy in the global market.
See More
Faruqi & Faruqi Investigates Potential Claims Against Plug Power
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Plug Power for securities transactions between January 17 and November 13, 2025, urging investors to seek lead plaintiff status by April 3, 2026, which could impact the company's reputation and stock price.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignations of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.29% drop in stock price on the same day, indicating a negative impact on market confidence due to executive turnover.
- Disappointing Financial Results: In its November 10, 2025 earnings report, Plug Power projected over $275 million in liquidity but announced the suspension of its DOE loan program, leading to a 3.39% decline in stock price, reflecting the risks associated with the company's strategic pivot.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, potentially jeopardizing a $1.66 billion DOE loan, causing a 17.58% drop in stock price over the next two trading sessions, highlighting market concerns about the company's future prospects.
See More
Class Action Filed Against Plug Power for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Plug Power and its officers, alleging violations of federal securities laws from January to November 2025, seeking to recover damages for investors.
- Allegations of Misrepresentation: The complaint claims that during the class period, defendants made false or misleading statements and failed to disclose significant overstatements regarding the availability of funds from the DOE Loan and the construction of hydrogen production facilities.
- Investor Action Deadline: Affected investors have until April 3, 2026, to request to be appointed as lead plaintiff to participate in any potential recovery, with the option to share in any recovery without serving as lead plaintiff.
- Law Firm Credentials: Bronstein, Gewirtz & Grossman LLC is recognized for recovering hundreds of millions for investors, emphasizing its expertise in securities fraud class actions and commitment to restoring investor capital and ensuring corporate accountability.
See More
Plug Power Faces Class Action Lawsuit Amid Significant Stock Drops
- Class Action Filed: Bleichmar Fonti & Auld LLP has initiated a class action lawsuit against Plug Power and its executives for securities fraud, following significant stock drops due to potential violations of federal securities laws, with investors encouraged to apply to lead the case by April 3, 2026.
- Stock Price Volatility: Plug Power's stock fell from $4.13 to $3.87, a 6.3% drop, on October 7, 2025, after the abrupt departure of its CEO and President; a month later, the stock dropped another 3.4% due to the suspension of DOE loan activities.
- Loan Guarantee Issues: The company previously announced a $1.66 billion DOE loan guarantee to support six hydrogen production projects, but the lawsuit alleges that Plug Power overstated the likelihood of receiving these funds, undermining investor confidence.
- Legal Consequences and Risks: The case is pending in the U.S. District Court for the Northern District of New York, and an unfavorable ruling could have long-term implications for Plug Power's financial health and market reputation, prompting investors to monitor developments closely.
See More
Reminder of Class Action Lawsuit for Plug Power Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Plug Power made false and misleading statements during the class period, overstating the availability of funds from the U.S. Department of Energy, which led to investor losses when the truth emerged.
- Law Firm's Track Record: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its successful track record and extensive experience in this field.
- Investor Selection Advice: Investors are advised to carefully choose legal counsel and avoid working with inexperienced intermediaries to ensure effective legal representation and support in the class action.
See More
Clean Energy Stock Battle: NuScale Wins
- NuScale's Market Advantage: NuScale Power boasts a market cap of $3.6 billion, and although its reactors are not yet deployed, its design has received approval from the U.S. Nuclear Regulatory Commission, creating a competitive moat and expected revenue growth post-2029.
- Improving Financial Position: As of Q3 2025, NuScale's cash and investments totaled $753.8 million with no debt, indicating a strengthening financial position that provides ample support for the future launch of its small modular reactors.
- Plug Power's Revenue Challenges: Plug Power reported $484 million in revenue for the first three quarters of 2025, but its negative cash flow and a staggering gross margin of -7128.74% highlight severe profitability issues, forcing a strategic reevaluation.
- Strategic Transformation Plan: Plug Power has initiated
See More
