Susquehanna cuts Plug Power target to USD 1.75 for Plug Power stock
Published on 10/27/2026 at 19:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and reporting date
- Susquehanna lowered its Plug Power target from USD 2.50 to USD 1.75 on October 14, 2026.
- Plug expects third-quarter 2026 revenue growth above 10 percent year over year.
- Plug Power stock costs EUR 1.26 at Lang & Schwarz on October 27, 2026 at 7:33 p.m. CEST.
- Plug Power will report third-quarter 2026 results on November 9, 2026.
Plug Power (US72919P2020) faces a lower analyst target after Susquehanna cut its view from USD 2.50 to USD 1.75 on October 14, 2026, according to PriceTargets.com. The stock was trading at EUR 1.26 at Lang & Schwarz on October 27, 2026 at 7:33 p.m. CEST.
Susquehanna lowers its target
The October 14, 2026 revision kept Susquehanna at a Neutral rating while reducing the target by USD 0.75. PriceTargets.com listed 16 analysts in its consensus, with an average target of USD 3.40 and a Hold rating as of October 26, 2026.
The target change adds a cautious counterpoint to Plug Power's operating update. The company has a scheduled reporting date and preliminary operating figures that put execution ahead of the next formal results release.
Revenue growth above 10 percent
In its October 15, 2026 release, Plug Power said preliminary third-quarter 2026 revenue was expected to rise more than 10 percent from the third quarter of 2025. It also reiterated full-year 2026 revenue growth guidance of approximately 15 percent to 16 percent.
The same release cited preliminary third-quarter 2026 net cash usage of approximately USD 28 million and cash and cash equivalents of approximately USD 134 million, excluding restricted cash. Those figures make cash discipline a central test for the November report.
What matters before November 9, 2026?
Plug Power will announce third-quarter 2026 results on November 9, 2026, followed by a conference call. The company also scheduled its global symposium for November 19, 2026, according to Plug Power. The dates give investors two near-term checkpoints for revenue conversion, margin progress and cash use.
Nasdaq price near its yearly low
On Nasdaq, Plug Power was last at USD 1.41 on October 27, 2026 at 2:36 p.m. ET. The session range was USD 1.39 to USD 1.45, while volume reached 32,724,157 shares. The 52-week range stood at USD 1.34 to USD 4.33 on the same date.
Plug Power's market capitalization was USD 2.0 billion on October 27, 2026. The company operates in hydrogen production, storage, delivery and fuel cell systems, with more than 76,000 fuel cell systems and 280 fueling stations deployed, according to its investor-relations overview.
Price and investor checkpoints
The euro quotation remains an after-hours indication for German investors. Plug Power stock was trading at EUR 1.26 at Lang & Schwarz on October 27, 2026 at 7:33 p.m. CEST. On Nasdaq, the stock was last at USD 1.41 on October 27, 2026 at 2:36 p.m. ET.
The further course of trading is shown by the continuously updated real-time quote of Plug Power stock.
Plug Power stock facts
- Company: Plug Power Inc.
- ISIN: US72919P2020
- Ticker: PLUG
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 7:33 p.m. CEST): EUR 1.26
- Market capitalization: USD 2.0 billion (as of October 27, 2026)
- 52-week range: USD 1.34-USD 4.33 (as of October 27, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Next earnings date: November 9, 2026
Market context: Market report S&P 500.
