Corporate earnings and investment shifts reported for Plug Power, ONEOK, and Intellicheck

Several companies are seeing shifts in analyst expectations and investor activity. Northland Securities lowered its Q3 2026 earnings per share estimate for Intellicheck, Inc. from $0.03 to $0.00. This follows a series of rating changes from various firms, including downgrades from Wall Street Zen and Zacks Research.

In the energy sector, Todd Asset Management LLC increased its stake in ONEOK, Inc. by 2.1% during the second quarter, bringing its total holdings to 551,498 shares. Other institutional investors, including Clearstead Trust LLC and Welch Group LLC, have also recently modified their positions in the utility provider.

Plug Power reported second-quarter revenues of $178.3 million, exceeding analyst consensus. The company noted a significant increase in GenDrive fuel cell deliveries, with 1,666 units delivered during the quarter. Additionally, two major material handling clients have announced plans to replace more than 20,000 GenDrive units over the next three years, potentially providing more predictable recurring revenue despite a negative net cash flow of approximately $61 million.