The Great Plug Power Stock Comeback: What Next After The 475% Rally?

Benzinga_recent_news06-01

PUG stock has staged a strong comeback after crashing to a record low last year. This rebound continued this year after the company published two encouraging financial results that demonstrated its ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640986538?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=240,dpr=2,format=auto,quality=85/files/images/story/2026/05/31/Plug-Power-Inc-.jpeg","is_english":true,"pubTime":"2026-06-01 03:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640986538","market":"sh","top_or_hot":-1,"title":"The Great Plug Power Stock Comeback: What Next After The 475% Rally?","media":"Benzinga_recent_news","content":"<div>\n<p>PUG stock has staged a strong comeback after crashing to a record low last year. This rebound continued this year after the company published two encouraging financial results that demonstrated its ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/05/52894524/the-great-plug-power-stock-comeback-what-next-after-the-475-rally\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Great Plug Power Stock Comeback: What Next After The 475% Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Great Plug Power Stock Comeback: What Next After The 475% Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-01 03:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/26/05/52894524/the-great-plug-power-stock-comeback-what-next-after-the-475-rally><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PUG stock has staged a strong comeback after crashing to a record low last year. This rebound continued this year after the company published two encouraging financial results that demonstrated its ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/05/52894524/the-great-plug-power-stock-comeback-what-next-after-the-475-rally\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720051017.SGD","symbol_name":"Allianz Global Artificial Intelligence AT Acc H2-SGD","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/26/05/52894524/the-great-plug-power-stock-comeback-what-next-after-the-475-rally","article_id":"2640986538","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,dpr=2,format=auto,quality=85/files/images/story/2026/05/31/Plug-Power-Inc-.jpeg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/26/05/52894524/the-great-plug-power-stock-comeback-what-next-after-the-475-rally","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2640986538","pubTimestamp":1780254660,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Plug Power stock price has surged by 475% from its lowest level last year, and a cup-and-handle pattern points to more gains in the near term","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU0823414478.USD":"法巴经典能源转换基金","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","PLUL":"Leverage Shares 2X Long PLUG Daily ETF","LU1548497426.USD":"安联环球人工智能AT Acc","BK4096":"电气部件与设备","PLUG":"普拉格能源","BK4541":"氢能源","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC"},"translate_title":"普拉格能源股票的伟大回归：475%的反弹之后下一步是什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLUL":0.6,"PLUG":1.97},"content_text":"PUG stock has staged a strong comeback after crashing to a record low last year. This rebound continued this year after the company published two encouraging financial results that demonstrated its business was making a slow recovery.\nPlug Power also excited investors by noting that it had over $8 billion in project pipeline across the industrial and materials business. Some of its existing projects are in Portugal and Spain. It expects to win a major deal to supply electrolyzers at the Barrow Green Hydrogen project in the UK.\nWall Street analysts expect that the company's business will continue doing well this year. The average estimate is that its annual revenue will jump by 14.5% this year to $813 million. It will then jump by 19% to $964 million.\nThis growth is a major turnaround for a company that was on the verge of collapse a few years ago. To stay afloat, Plug Power has had to dilute its shareholders aggressively, with its outstanding shares rising to 1.39 billion from below 600 million in 2021.\nStill, the company faces a major risk, which explains why its short interest has jumped to 27.5% or 340 million shares. One of the risks is that the company may need to raise more cash using its at-the-market (ATM) offering. \nIt ended the last quarter with $802 million in total cash, including $223 million in unrestricted cash and $579 million in restricted one. The latter will release at least $50 million per quarter in the next few years. \nThe daily chart shows that the PLUG share price has rebounded in the past few months. It formed a double-bottom pattern at $1.70 and a neckline at $2.65, its highest point in January this year. A double-bottom is a common bullish reversal sign in technical analysis. \nThere are signs that the stock is now forming a cup-and-handle pattern whose upper side is at $4.57, its highest point last year. If this is accurate, it means that the stock will keep rising in the coming days or weeks. The initial target is the upper side of the cup at $4.57. \nThis cup has a depth of about 63%. Measuring the same distance from its upper side gives it a target of $7.50, up by 90% from the current level. \nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640986538","isCrawlerRequest":true}