Plug Power Stock Jumps Before Q1 Earnings as Cash-Burn Test Looms
Plug Power shares rose 11% to $3.47 in late-morning U.S. trading Monday ahead of first-quarter results due after the close. Analysts expect a loss of 9.7 cents per share on $139.9 million in revenue. The rally comes as investors watch margins, cash use, and whether new CEO Jose Luis Crespo can keep the company’s 2026 profitability target. Bloom Energy shares also climbed 11%.