TechStock² Earnings
Plug Power Shares Advance 6.4%, Still Face 34% Sales Hurdle to Meet Targets
Plug Power (NASDAQ: PLUG) shares rose 6.4% after stronger-than-expected Q2 earnings, exceeding revenue consensus by 11.4% and narrowing adjusted loss. Despite increasing its 2026 revenue growth forecast to 15%-16%, the company faces a significant challenge, requiring a 34% increase in revenue for each of the next two quarters compared to Q2 to meet its annual targets. Risks include …