Plug Power Inc (PLUG) gets rating Downgrade from Seaport Research Partners

Roman Campbell

In a filing, Plug Power Inc revealed its CSO & EVP of EMEA Region Haycraft Benjamin unloaded Company’s shares for reported $29200.0 on Nov 10 ’25. In the deal valued at $2.92 per share,10,000 shares were sold. As a result of this transaction, Haycraft Benjamin now holds 467,583 shares worth roughly $0.98 million.

Then, Haycraft Benjamin bought 10,000 shares, generating $29,200 in total proceeds.

Before that, Haycraft Benjamin bought 10,000 shares. Plug Power Inc shares valued at $38,000 were divested by the Officer at a price of $3.80 per share.

Seaport Research Partners downgraded its Plug Power Inc [PLUG] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Neutral”. Citigroup also remained covering PLUG and has decreased its forecast on April 05, 2024 with a “Sell” recommendation from previously “Neutral” rating. Redburn Atlantic started covering the stock on February 06, 2024. It rated PLUG as “a Neutral”.

Price Performance Review of PLUG

On Monday, Plug Power Inc [NASDAQ:PLUG] saw its stock fall -7.13% to $2.09. Over the last five days, the stock has lost -18.55%. Plug Power Inc shares have risen nearly 5.84% since the year began. Nevertheless, the stocks have fallen -2.11% over the past one year. While a 52-week high of $4.58 was reached on 10/06/25, a 52-week low of $0.69 was recorded on 05/16/25.

Levels Of Support And Resistance For PLUG Stock

The 24-hour chart illustrates a support level at 2.02, which if violated will result in even more drops to 1.95. On the upside, there is a resistance level at 2.17. A further resistance level may holdings at 2.26.

How much short interest is there in Plug Power Inc?

A steep rise in short interest was recorded in Plug Power Inc stocks on 2025-10-31, dropping by -73.14 million shares to a total of 310.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 383.76 million shares. There was a decline of -23.55%, which implies that there is a negative sentiment for the stock.

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