In pre-market trading, shares have gained 4.4% to $7.32.
President and CEO Andy Marsh will provide a year-to-date business update, detailing 9 closed GenKey deals which total almost $80 million in bookings.
In a statement, Plug Power also said it will update on its plans for ReliOn, a developer of hydrogen fuel cell stack technology which it acquired in March.
The company added that Marsh will "outline Plug Power's growth strategy, including geographic expansion and market diversification. Plug Power is capitalizing on its leadership position in the fuel cell industry to accelerate business growth."
The call is scheduled for 10 a.m. E.T.
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TheStreet Ratings team rates PLUG POWER INC as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate PLUG POWER INC (PLUG) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: