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Here's Why Plug Power (PLUG) Fell More Than Broader Market
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Plug Power (PLUG - Free Report) closed the most recent trading day at $1.32, moving -3.3% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq lost 1.07%.
Shares of the alternative energy company have depreciated by 28.16% over the course of the past month, underperforming the Computer and Technology sector's loss of 9.88%, and the S&P 500's loss of 0.87%.
The upcoming earnings release of Plug Power will be of great interest to investors. The company's earnings report is expected on November 9, 2026. The company is expected to report EPS of -$0.07, up 41.67% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $195.4 million, up 10.36% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.42 per share and a revenue of $818.78 million, demonstrating changes of +70.42% and +15.33%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Plug Power. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.91% higher. As of now, Plug Power holds a Zacks Rank of #2 (Buy).
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Here's Why Plug Power (PLUG) Fell More Than Broader Market
Plug Power (PLUG - Free Report) closed the most recent trading day at $1.32, moving -3.3% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq lost 1.07%.
Shares of the alternative energy company have depreciated by 28.16% over the course of the past month, underperforming the Computer and Technology sector's loss of 9.88%, and the S&P 500's loss of 0.87%.
The upcoming earnings release of Plug Power will be of great interest to investors. The company's earnings report is expected on November 9, 2026. The company is expected to report EPS of -$0.07, up 41.67% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $195.4 million, up 10.36% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.42 per share and a revenue of $818.78 million, demonstrating changes of +70.42% and +15.33%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Plug Power. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.91% higher. As of now, Plug Power holds a Zacks Rank of #2 (Buy).
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.