Plug Power Inc. (NASDAQ:PLUG) shares rose on Wednesday as investors reacted to stronger-than-expected first-quarter results and a wave of analyst price target increases. On Monday, the hydrogen fuel cell company reported a first-quarter loss of 8 cents per share, beating expectations for a 9-cent loss. Revenue came in at $163.51 million, ahead of the $141.17 million consensus estimate. Management also reaffirmed progress toward achieving "EBITDAS positive" results in the fourth quarter of 2026.
