Plug Power Surges 5% Amidst Milestones and Leadership Change.

Plug Power (PLUG) stock surges 5% as investors cheer the company's first-ever positive gross profit and a new CEO promising profitability by 2028. However, multiple class action lawsuits alleging misrepresentations about a $1.66 billion DOE loan guarantee cast a legal shadow. Analyst consensus puts Plug Power shares at a Hold rating with an average price target of $2.89, signaling the market wants proof of durable margin improvement.