Will Plug Power Stock Quadruple Your Money in 2026?
Plug Power (PLUG 0.21%) has captivated investors with its volatile rallies, particularly as a hydrogen-focused play in the renewable energy sector. The stock nearly quadrupled this year at its peak, drawing speculative interest. Yet the broader question looms: Can hydrogen scale to meet corporate demand for clean energy amid regulatory and competitive pressures?
Global energy transition trends are accelerating, driven by both policy and corporate initiatives. Tech giants like Google's parent company are investing in nuclear power for data centers, while AI firms scramble for sustainable energy solutions. Legacy grids struggle to keep pace, creating openings for alternative sources—hydrogen among them.