Here's Why Plug Power Stock Is a Buy Before April 16

Plug Power (NASDAQ: PLUG), a starring developer of hydrogen charging technologies, seemed to beryllium successful superior occupation 2 years ago. Its gross was dropping, its losses were widening, and the macro headwinds were driving companies to intermission their hydrogen projects.

Yet implicit the past 12 months, Plug's banal rallied much than 130% arsenic its gross rose, it narrowed its losses, and the hydrogen marketplace stabilized. From 2025 to 2028, analysts expect its gross to turn astatine an 18% CAGR from $710 cardinal to $1.15 billion. As the institution cuts costs with its "Project Quantum Leap" initiative, it expects its adjusted net earlier interest, taxes, depreciation, and amortization (EBITDA) to crook affirmative in the 4th fourth of 2026.

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With a marketplace headdress of $3.8 billion, Plug Power inactive looks reasonably valued astatine little than 5 times this year's sales. Therefore, it could beryllium a large clip to accumulate this undervalued hydrogen banal -- and an antithetic lawsuit connected April 16 could thrust its shares adjacent higher.

On April 16, Plug Power's new CEO, Luis Crespo, volition big an AMA (Ask Me Anything) league connected Reddit from 10:00 a.m. to 12:00 p.m. ET. His predecessor, Andy Marsh, besides hosted an AMA league connected Reddit earlier its peculiar gathering this January.

According to the property release, Crespo, who took the helm connected March 2, volition sermon the company's "strategic direction, marketplace position, execution priorities, and relation successful advancing the planetary hydrogen economy." It besides says the speech volition absorption connected the company's "disciplined execution, operational scale, and gathering a afloat integrated hydrogen ecosystem crossed production, infrastructure, and end-use applications."

Crespo's determination to big an AMA connected Reddit alternatively than a prepared capitalist presumption shows a willingness to prosecute retail investors successful unscripted, unfiltered conversations. It besides shows that Crespo is superior astir generating much buzz for Plug Power's stock, since the meme-stock mania successful 2020 and 2021 started connected Reddit and different societal media platforms.

Over the past six months, Plug Power's insiders bought 51% as galore shares arsenic they sold. As of March 13, 24% of its interval was inactive being shorted. That ratio apt roseate implicit the past period arsenic the Middle East struggle and different macro headwinds rattled the market.