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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Oleksandr PylypenkoMon, Jul 21, 2025, 8:54 PM 8 min readGreen hydrogen by Scharfsinn via ShutterstockHydrogen stocks have come roaring back into the spotlight, driven by a renewed wave of optimism following the recent passage of U.S. President Donald Trump’s “One Big Beautiful Bill.” The sweeping legislation has injected fresh enthusiasm into the hydrogen industry by extending crucial tax incentives, removing controversial draft restrictions, and providing clarity for long-term investments in clean energy projects. That prompted a fresh round of bullish analyst sentiment that some investors believe could mark a turning point.At the center of this renewed enthusiasm is Plug Power (PLUG), a company that has long been viewed as a potential leader in the hydrogen economy. Still, significant questions linger about Plug’s fundamentals. The company continues to grapple with deeply negative gross margins, substantial cash burn, and uncertainty around its long-term liquidity position. With PLUG shares rallying sharply in recent weeks, the question has come back into focus: Is Plug Power finally ready to deliver on its promise — or is this just another false dawn?It’s Never ‘Happened in the History of Tech to Any Company Before’: OpenAI’s Sam Altman Says ChatGPT is Growing at an Unprecedented RateThis Penny Stock Wants to Become the MicroStrategy of DogecoinOption Volatility And Earnings Report For July 21 - 25Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!In this article, we’ll dig into why analysts have become more bullish on the hydrogen industry, examine Plug’s financial position in greater depth, and assess whether the current optimism warrants buying PLUG stock today.With a market cap of $2.02 billion, Plug Power (PLUG) is a notable player in the green hydrogen industry, specializing in hydrogen fuel cell technologies. The company is building a comprehensive green hydrogen ecosystem, spanning production, storage, delivery, and energy generation, to support its customers’ business objectives and contribute to economy-wide decarbonization. Its offerings include the GenDrive fuel cell system for material handling vehicles such as forklifts, GenSure stationary fuel cells for grid support, and ProGen fuel cell engines designed for a range of applications. It also offers GenFuel, a comprehensive solution for hydrogen production, storage, and dispensing.Shares of the hydrogen fuel cell product solutions provider have surged 72.5% over the past month, fueled by favorable changes to Trump’s sweeping tax and spending bill for the hydrogen industry, along with company-specific news like the recent extension of a strategic hydrogen supply deal with a major U.S.-based industrial gas firm. However, PLUG stock is still down 10% year-to-date.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,362.25 +15.50 (+0.24%)Dow Futures44,832.00 +121.00 (+0.27%)Nasdaq Futures23,253.50 +27.25 (+0.12%)Russell 2000 Futures2,273.60 +12.90 (+0.57%)VIX16.50 -0.15 (-0.90%)Gold3,436.00 -7.70 (-0.22%)PortfolioSign in to access your portfolioSign inTop gainersMEDP Medpace Holdings, Inc. 477.73 +168.85 (+54.67%)IQV IQVIA Holdings Inc. 187.38 +28.42 (+17.88%)DHI D.R. 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