Plug Power Stock Price Today: Shares Steady as New CEO Pitches Margin Gains, Liquidity Plan
Plug Power Inc stock hovered near $2.24 during Tuesday morning trading in the U.S., with investors eyeing Chief Executive Jose Luis Crespo’s session at the J.P. Morgan Industrials Conference. It marks one of Crespo’s initial encounters with institutional investors since stepping into the role this month. Timing here is key. Plug is aiming to prove that a cleaner fourth quarter can lay the groundwork for a real turnaround, following years marked by losses and big cash burn. The company, on March 2, posted 2025 revenue at roughly $710 million and reported a fourth-quarter gross profit of $5.5 million — that’s profit after direct costs. Plug reiterated its goal: get to positive EBITDAS by the fourth quarter of 2026. That measure excludes interest, taxes, depreciation, amortization, and share-based compensation.