SLINGERLANDS, N.Y., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will announce its 2025 fourth quarter and year-end results on March 2, 2026. Join the call: Date: March 2, 2026Time: 4:30 PM ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1751318&tp_key=e18033c0ef The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A playba ...

Core Insights - Air Products and Chemicals, Inc. (APD) has secured contracts exceeding $140 million from NASA to supply liquid hydrogen, reinforcing its long-standing role in the space program [1][8] Group 1: Contract Details - The agreements involve the delivery of approximately 36.5 million pounds of liquid hydrogen to NASA facilities including Kennedy Space Center, Cape Canaveral Space Force Station, Marshall Space Flight Center, and Stennis Space Center [2][8] - Liquid hydrogen is a crucial cryogenic fuel used alongside liquid oxygen for powering launch vehicles and conducting ground tests [2] Group 2: Historical Context and Business Impact - Air Products has been collaborating with NASA since 1957, providing hydrogen and related services for various missions, including the current Artemis II exploration efforts [3][8] - The new contracts extend the existing partnership without significantly altering the company's overall business mix [3] Group 3: Market Performance - APD's shares have declined by 19.4% over the past year, compared to a 20.8% decline in the industry [5]

Financial Data and Key Metrics Changes - The company reported a 12% improvement in adjusted operating income and a 10% increase in earnings per share (EPS) to $3.16 compared to the prior year, driven by stronger productivity despite weak economic conditions [5][15] - The operating margin increased to 24.4%, while return on capital (ROC) was 11%, slightly lower than last year but stable sequentially [5][15] Business Line Data and Key Metrics Changes - Sales in the Americas increased by 4%, driven by higher energy pass-through, while operating income improved due to price, on-site volume, and lower maintenance costs [17] - Asia segment sales rose by 2%, with operating income up 7%, attributed to productivity improvements and reduced depreciation from certain gasification assets [17] - Europe saw increases in both sales and operating income due to volume and price improvements, although higher costs from depreciation and fixed cost inflation impacted margins [17] - The Middle East and India segment experienced improved operating income due to lower costs, while the corporate segment also saw improvements from lower costs [18] Market Data and Key Metrics Changes - The company noted resilience in key sectors such as refining, electronics, and aerospace, with new supply contracts announced with NASA for liquid hydrogen [7][8] - The company expects continued headwinds from helium, projecting a 4% decline in EPS effect for the year [25] Company Strategy and Development Direction - The company is focused on three key priorities for 2026: unlocking earnings growth, optimizing large projects, and maintaining capital discipline [7] - Capital expenditures are expected to be reduced by approximately $1 billion in fiscal 2026, with a commitment to disciplined capital allocation and returning cash to shareholders [9][18] - The company is in advanced negotiations with Yara International for low-emission ammonia projects in Saudi Arabia and the U.S., which aligns with its clean energy strategy [10][11] Management Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the macroeconomic environment, affirming full-year earnings guidance with an expected improvement of 7%-9% at the midpoint [7][19] - The company anticipates challenges from helium headwinds but remains focused on pricing actions and productivity improvements to drive results [20][64] Other Important Information - The company returned nearly $400 million to shareholders and increased its dividend for the 44th consecutive year [18] - The net debt to EBITDA ratio stands at 2.2 times, reflecting a strong balance sheet position [18] Q&A Session Summary Question: How should we think about the returns on the $2 billion of capital already invested in the project? - The 45Q credit is included in the return, and the overall return for the project will be disclosed later [22][23] Question: How much of the continuing business is still down regarding helium? - The company expects a 4% decline in EPS effect for the year, with strong volume from the aerospace segment in the Americas [25] Question: What was the benefit from moving gasification plants in China to for sale? - The impact was about 1% on overall results for the quarter, with ongoing negotiations for asset sales [26] Question: Is Air Products receiving full income from Gulf Coast Ammonia? - The plant is running at 80-90% capacity, and the company owns the hydrogen production and air separation assets [30][31] Question: What is the expected timing for the deconsolidation of NEOM? - The deconsolidation is expected to occur in mid-2027 when the joint venture becomes operational [73][74] Question: How is the company addressing the impact of CBAM on ammonia? - The company believes the impact of CBAM is indirect and is closely monitoring the situation [14][99] Question: What portion of customers are running below take-or-pay minimums? - Utilization across regions is in the mid- to high 70s, with some cases in Europe but not significantly impacting overall business [84][89]

Financial Data and Key Metrics Changes - The company reported a 12% improvement in adjusted operating income and a 10% increase in earnings per share (EPS) to $3.16 compared to the prior year, driven by stronger productivity despite weak economic conditions [4][12] - Operating margin increased to 24.4%, while return on capital (ROC) was 11%, slightly lower than the previous year but stable sequentially [4][12] - The company expects full-year earnings guidance to imply a 7%-9% improvement at the midpoint [5] Business Line Data and Key Metrics Changes - Sales in the Americas increased by 4%, driven by higher energy pass-through, while operating income improved due to price, on-site volume, and lower maintenance costs [15] - Asia segment sales rose by 2%, with operating income up 7%, attributed to productivity and reduced depreciation from certain gasification assets [15] - Europe saw increases in both sales and operating income due to volume and price improvements, although higher costs from depreciation and fixed cost inflation impacted margins [15] - The Middle East and India segment reported improved operating income due to lower costs, while corporate and other segments benefited from reduced costs [15] Market Data and Key Metrics Changes - The company noted resilience in key sectors such as refining, electronics, and aerospace, with new supply contracts with NASA for liquid hydrogen [6] - Helium headwinds continue to affect the business, with expectations of a 4% decline in EPS impact for the year [24] Company Strategy and Development Direction - The company is focused on three key priorities for 2026: unlocking earnings growth, optimizing large projects, and maintaining capital discipline [5] - Capital expenditures are expected to be reduced by approximately $1 billion in fiscal 2026, with a focus on de-risking clean energy projects [7] - The company is in advanced negotiations with Yara International for low-emission ammonia projects in the U.S. and Saudi Arabia, which aligns with its strategic goals [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the macroeconomic environment, highlighting pockets of resilience despite overall sluggishness [5][6] - The company is maintaining its fiscal full-year guidance of $12.85-$13.15, with expectations for EPS in Q2 2026 to be in the range of $2.95-$3.10, reflecting a 10%-15% improvement from the prior year [17][18] - Management emphasized the importance of disciplined capital allocation and the need for high certainty in capital costs before making final investment decisions [10][50] Other Important Information - The company returned nearly $400 million to shareholders and increased its dividend for the 44th consecutive year [16] - The net debt to EBITDA ratio stands at 2.2 times, with adjustments made for the consolidation of the NEOM green hydrogen project during its construction phase [16][73] Q&A Session Summary Question: How should we think about the returns on the $2 billion of capital already invested in the project? - The 45Q credit is included in the return, and the overall return for the project is being assessed [20][21] Question: How much of the continuing business is still down regarding helium? - The company expects a 4% decline in EPS impact for the year, with strong volume from the aerospace segment helping mitigate some losses [24] Question: What was the benefit from moving gasification plants in China to for sale? - The impact was about 1% on overall results for the quarter, with ongoing negotiations for asset sales [25] Question: Is Air Products receiving full income from Gulf Coast Ammonia? - The plant is running at 80-90% capacity, with expectations to finalize commitments soon [29][30] Question: Can you comment on the margin improvement seen in the Americas? - Strong on-site volumes and pricing improvements contributed to margin growth, despite some negative cost impacts [38] Question: What portion of your customers are running below take-or-pay minimums? - Utilization across regions is similar to previous years, with no significant changes noted [82][83] Question: Is there any dependency on the relationship with Yara at Darrow? - There is no dependency between the two projects, and the products from NEOM will not be affected by CBAM [98]

SLINGERLANDS, N.Y., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, encourages stockholders to vote their shares ahead of the Company’s Special Meeting of Stockholders (the “Special Meeting”) scheduled for January 29, 2026. The Special Meeting includes proposals that are critical to supporting the Company’s ongoing operations, financial flexibility and long-term growth strategy. The Board of Directors urges stock ...

Core Viewpoint - Plug Power Inc. is preparing for a Special Meeting on January 29, 2026, to address critical proposals regarding its corporate governance and share structure, following a previous vote where approximately 84% of stockholders supported increasing the number of authorized shares but did not meet the required approval threshold [7][8]. Group 1: Upcoming Events - A live Reddit Ask Me Anything (AMA) session with CEO Andy Marsh will take place on January 22, 2026, to discuss the Special Meeting [2][3]. - A second AMA is planned for March 2026, led by incoming CEO Jose Luis Crespo, focusing on Plug's 2025 results [2]. Group 2: Leadership Transition - Andy Marsh has been CEO since April 2008 and will transition to Executive Chairman in March 2026, with Jose Luis Crespo taking over as CEO [5][6]. - Marsh will continue to guide Plug's long-term strategy during this leadership transition [6]. Group 3: Special Meeting Proposals - The Special Meeting will address proposals to modernize voting standards and increase the number of authorized shares of common stock, which are essential for the company's operational flexibility [8][9]. - The Board believes that increasing authorized shares is crucial for meeting financial obligations and supporting ongoing business needs; failure to approve this proposal may lead to a reverse stock split [8]. Group 4: Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem for hydrogen production, storage, delivery, and power generation [10]. - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, with hydrogen plants operational in Georgia, Tennessee, and Louisiana, producing 40 tons of hydrogen per day [11].

Core Insights - Plug Power Inc. is actively participating in the UBS Global Energy & Utilities Winter Conference, showcasing its leadership in the hydrogen economy and commitment to engaging with the investment community [1][2]. Company Overview - Plug Power is focused on building a comprehensive hydrogen economy with an integrated ecosystem that includes production, storage, delivery, and power generation [4]. - The company is a first mover in the hydrogen industry, providing essential components such as electrolyzers, fuel cell systems, and fueling infrastructure to various sectors, promoting energy independence and large-scale decarbonization [4]. Operational Highlights - Plug Power has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [5]. - The company operates hydrogen plants in Georgia, Tennessee, and Louisiana, with a production capacity of 39 tons per day, ensuring a reliable domestic supply of hydrogen [5]. - Plug Power's global presence includes state-of-the-art manufacturing facilities and partnerships with major companies like Walmart, Amazon, Home Depot, BMW, and BP [6].

Core Viewpoint - Plug Power Inc. (NASDAQ:PLUG) is recognized as one of the best penny stocks to buy, with a recent upgrade from Clear Street indicating attractive upside potential despite a lowered price target from $3.50 to $3.00 [1][2]. Group 1: Rating Changes and Price Target - Clear Street upgraded Plug Power's rating from Hold to Buy while reducing the price target due to dilution from convertible refinancing completed in late November [2]. - The new price target of $3.00 is based on a valuation of 4 times the expected enterprise value to sales, using a 2027 sales estimate of $1.07 billion [2]. - Craig-Hallum also reiterated a Buy rating on Plug Power, with a 12-month median price target of $2.50, indicating a potential upside of 13% from the current stock price [4]. Group 2: Valuation and Market Position - The current valuation is slightly higher than Plug Power's three-year historical average, reflecting expected cost savings, a lower annual cash burn rate, and improving opportunities in European refinery electrolyzers [3]. - Plug Power specializes in hydrogen fuel-supply solutions, providing electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure across various industries [5].

Core Insights - Plug Power Inc. (NASDAQ:PLUG) is recognized as one of the leading hydrogen and fuel cell stocks to invest in for 2026 [1] Group 1: Recent Developments - Plug Power has initiated significant projects, including the deployment of a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia's green hydrogen project at the Hydrogen Dune facility in Walvis Bay, which is Africa's first fully operational commercial green hydrogen plant [1][2] - The hydrogen produced at this facility is intended to power hydrogen-powered trucks, port and rail machinery, and small ships, as well as vehicles modified to run on both hydrogen and traditional fuels [2] Group 2: Strategic Partnerships - On December 1, Plug Power signed a contract with NASA's Glenn Research Center and Neil A. Armstrong Test Facility to supply up to 218,000 kilos of liquid hydrogen, valued at up to $2.8 million, marking Plug Power's first liquid hydrogen distribution agreement with NASA [3] Group 3: Company Overview - Plug Power is an American company dedicated to the construction and operation of green hydrogen production and distribution facilities, manufacturing and deploying electrolyzers and fuel cells for green hydrogen production [4]

Market Outlook - Lori Calvasina from RBC Capital Markets predicts a positive market outlook for 2026, despite current market anxieties and a recent 5% dip [1][2] - RBC Capital Markets has set a 12-month price target for the S&P 500 at 7750, which reflects a 14% gain, although recent market rallies have slightly reduced the projected return [1][2] - The price target range is conservative at 7200 based on GDP forecasts, with a more bullish scenario reaching up to 8000 [1][2] Corporate Performance - Calvasina emphasizes a bottom-up consensus approach for analyzing corporate performance, suggesting that stock-by-stock analysis is more effective than macro-level predictions [2] - A 13% earnings growth forecast is considered reasonable, with the market expected to be driven primarily by the earnings environment rather than multiple expansions [2] - Current upward earnings revisions are described as healthy, although not as strong as during the summer [2] AI and Market Sentiment - Investors are seeking sectors where AI can enhance long-term productivity, despite some anxiety surrounding AI's experimental phase [2] - Calvasina noted tangible examples of AI benefits during the last reporting season, indicating a positive sentiment towards AI's impact on corporate performance [2] Hecla Mining Company - Hecla Mining Company (NYSE:HL) has a high trading volume of 139.790 million as of December 19, with an average three-month volume of 21.168 million and 25 hedge fund holders [8] - The company recently announced a high-grade gold discovery at its Midas Project, yielding 0.95 oz/ton gold over 2.2 feet, including a high-grade intercept of 6.42 oz/ton gold [9] - Hecla's Aurora Project received federal FAST-41 Transparency status to expedite permitting, with a final decision expected by January 2026 [10] Plug Power Inc. - Plug Power Inc. (NASDAQ:PLUG) has a trading volume of 141.751 million as of December 19, with an average three-month volume of 135.640 million and 27 hedge fund holders [13] - The company has commenced its first liquid hydrogen supply contract with NASA, valued at approximately $2.8 million, which will run through November 30, 2030 [13][14] - This contract marks Plug Power's entry into the aerospace sector, supplying high-purity hydrogen to NASA's Glenn Research Center and Test Facility [14][15]