PLUG Stock Up 55% after 8-Day Win Streak
Plug Power (PLUG) stock hit day 8 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 55% return. The company has gained about $1.3 Bil in value over the last 8 days, with its current market capitalization at about $2.5 Bil. The stock remains 2.3% above its value at the end of 2024. This compares with year-to-date returns of 13.3% for the S&P 500.
PLUG provides hydrogen fuel cell turnkey solutions, focusing on PEM fuel cell and hybrid technologies for mobility, material handling, and stationary power markets globally. After this rally, is PLUG still a buy – or is it time to lock in gains? Deep dive with Buy or Sell PLUG.
Comparing PLUG Stock Returns With The S&P 500
The following table summarizes the return for PLUG stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | PLUG | S&P 500 |
|---|---|---|
| 1D | 3.8% | 0.5% |
| 8D (Current Streak) | 54.6% | 2.3% |
| 1M (21D) | 39.7% | 4.2% |
| 3M (63D) | 96.4% | 11.7% |
| YTD 2025 | 2.3% | 13.3% |
| 2024 | -52.7% | 23.3% |
| 2023 | -63.6% | 24.2% |
| 2022 | -56.2% | -19.4% |
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has PLUG behaved after prior drops? See PLUG Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 77 S&P constituents with 3 days or more of consecutive gains and 47 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 55 | 22 |
| 4D | 12 | 8 |
| 5D | 7 | 2 |
| 6D | 0 | 14 |
| 7D or more | 3 | 1 |
| Total >=3 D | 77 | 47 |
Key Financials for Plug Power (PLUG)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $891.3 Mil | $628.8 Mil |
| Operating Income | $-1.0 Bil | $-1.1 Bil |
| Net Income | $-1.4 Bil | $-2.1 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ1 | 2025 FQ2 |
|---|---|---|
| Revenues | $133.7 Mil | $174.0 Mil |
| Operating Income | $-172.1 Mil | $-153.6 Mil |
| Net Income | $-196.7 Mil | $-227.1 Mil |
While PLUG stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.