Why Has Plug Power Stock Popped 163% in 5 Weeks?

Key Points Plug Power's electrolyzer business is picking up. It expects to become profitable by the end of 2028. One analyst just put a price target of $7 a share on Plug Power stock. 10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) is a textbook example of how swiftly investor sentiment can flip. As of Aug. 31, the hydrogen stock had tumbled over 25% in the year. Then came September, and in a stunning turnaround, shares of Plug Power soared 48.4% during the month, according to ...