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Plug Power Surges 78.8% YTD: How Should You Play the Stock?

Key Takeaways PLUG shares jumped 78.8% YTD on surging electrolyzer demand and global green hydrogen expansion.Q2 2025 revenues rose 21% as electrolyzer sales soared 200%, supported by strong policy backing in Europe.Despite growth, PLUG faces negative margins, high cash burn and weak liquidity amid fewer site installs.Plug Power Inc. (PLUG) shares have surged 78.8% in the year-to-date period, outpacing the industry and the S&P 500, which have returned 33.5% and 15.2%, respectively. In comparison, the compan ...