PLUG Earnings

PLUG reported its earnings on 2026-05-11, showcasing a revenue of against an estimate of 142.52M, resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.09 by 0%. The stock experienced a 1.14% price change on the earnings day and a 7.39% change over the next five days, reflecting market reactions to the results.

Following PLUG's earnings announcement on 2026-05-11, the stock price moved by 1.14% on the day of the release. Over the subsequent five days, it saw a 7.39% change. Historically, PLUG's stock price tends to shift by an average of 5.1% in the 10 days leading up to earnings and -3.99% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate PLUG's annual revenue to reach 191.01M, while the EPS is projected at -0.08. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PLUG's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PLUG's stock price typically moves by 5.1% in the 10 days before its earnings and -3.99% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -0.08 and revenue of 191.01M.

The earnings call shows significant improvements: strong revenue growth in electrolyzer and material handling segments, substantial margin improvements, and a better-than-expected cash position. Despite negative EPS, the reduction from the previous year is notable. The Q&A highlights positive developments in customer engagement and operational efficiencies, although some project timelines remain uncertain. Given the company's small-cap status, these positive indicators, especially the growth in key segments and improving financial metrics, are likely to lead to a positive stock price movement in the short term.