Is Plug Power Stock Poised for a Major Rebound?

After a prolonged period of decline, the pioneering hydrogen company may finally be seeing a path to recovery. Although its shares have shed more than 45% since the start of the year, recent operational and financial developments are providing unexpected glimmers of hope. The critical question for investors is whether this represents a fleeting rally or the beginning of Plug Power’s long-awaited turnaround.

Beyond its production achievements, Plug Power is building a stronger foundation through strategic partnerships. The company has extended a hydrogen supply agreement with a major U.S. industrial gas partner through 2030, securing more favorable procurement terms that should enhance future margin potential. On the international stage, a significant 2-gigawatt electrolyzer agreement with Allied Green Ammonia in Uzbekistan demonstrates Read more...