Aug. 14 at 7:44 PM
$PLUG Plug Power – the story is changing.
Plug is moving from a survival story toward a profitable growth company.
Q2 showed the first signs:
$178M revenue, gross margin near breakeven, sharply lower cash burn, and 2026 growth guidance raised to 15–16%. Management targets positive EBITDA in Q4 2026.
The bigger opportunity is hydrogen. Plug is building an integrated platform spanning electrolyzers, hydrogen production, storage, distribution, fuel cells and material handling. Over 320 MW of electrolyzer capacity has already been delivered.
Amazon and Walmart’s existing fleets add potential through service, upgrades, fleet refreshes and new deployments.
And here’s the strange dilemma: now that the turnaround has clearly begun, some people still spend an enormous amount of time bashing the company. Ironically, many of the same people previously praised a company that was weaker, many times smaller, yet valued far higher.
The numbers are changing. The company is changing. Maybe it’s time
$PLUG
