Plug Power Gains 6%: 3 Reasons Investors Are Betting on a Hydrogen Comeback Story
Plug Power's stock has gained 6% in Thursday morning trading, driven by a positive gross margin turn, an asset monetization plan, and falling Treasury yields. The company's renewed investor interest stems from its operational turnaround and growth potential in the hydrogen sector.
Plug Power's stock is up 6% after the company reported a positive gross margin of 2.4% in Q4 FY2025. The company achieved $225.22 million in revenue, a 17.63% increase year-over-year. Plug Power is executing a capital-release plan and positioning its hydrogen-fueled electricity assets to serve AI data centers. The company's CEO has laid out a profitability road map, aiming for positive EBITDAS by Q4 2026 and full profitability by end of 2028. Falling Treasury yields have also boosted risk appetite for growth stocks like Plug Power. The company's stock is now up 20% year-to-date, reflecting renewed investor interest in the hydrogen sector.
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