BlackRock Inc. lifted its stake in shares of Plug Power, Inc. (NASDAQ:PLUG - Free Report) by 21.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 184,032,469 shares of the electronics maker

The hydrogen trade is fracturing into two completely different businesses, and the sector ETF is hiding almost all of it. What the flat fund price is masking could change how you size every position in this theme.

Plug Power stock trades well above its 52-week low as second-quarter 2026 revenue growth, breakeven

Revenue rose 9% sequentially to $178.3 million in Q2 2026. Gross margin improved to breakeven from negative 0.9% in Q1. Full-year revenue guidance raised to 15-16% growth. Service revenue jumped 82% YoY with a 27% margin. Net cash usage fell 58% sequentially to $61 million.

Plug Power stock is holding its recent recovery in late August 2026 after Q2 2026 revenue beat expec

Plug Power stock is stabilizing after Q2 2026 results showed revenue growth, sharply lower operating

Earlier in August 2026, Plug Power Inc. reported second-quarter results showing revenue of US$178.3 million and a smaller net loss of US$188.21 million, while also increasing its full-year 2026 revenue growth guidance to a range of 15% to 16% based on a stronger commercial backlog. This combination of higher guidance and reduced quarterly losses highlights management’s confidence that its material handling and international electrolyzer projects can support the company’s hydrogen-focused...

Plug Power's collaboration with Microsoft to explore hydrogen fuel cell technology opens up a new market opportunity, but it doesn't represent a strategic shift for the company.