Plug Power Edges Higher Before Q2 Loss Seen at $0.08, as Options Signal 13% Rally
Updated
Updated · Barchart · Aug 10
Plug Power Edges Higher Before Q2 Loss Seen at $0.08, as Options Signal 13% Rally
1 articles · Updated · Barchart · Aug 10
Summary
Plug Power shares ticked up ahead of Aug. 10 results due after the close, with analysts expecting a $0.08-per-share Q2 loss — about 50% better than a year earlier.
Options expiring Aug. 14 show a bullish tilt, with a 0.35 put-to-call ratio and an upper implied price of $2.46, suggesting nearly 13% upside this week.
Barchart is less optimistic, assigning PLUG a “40% SELL” view as technical momentum weakens even after the stock fell about 50% from its 2026 high.
Valuation and trading patterns add caution: PLUG trades above 4 times sales, insiders were net sellers over the past 12 months, and the stock has lost nearly 2.6% on average in August.
Wall Street remains more constructive than the technical signals, keeping a Hold consensus but a $3.54 average target that implies more than 60% upside.