Plug Power Inc (PLUG)
NASDAQ:PLUG
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PLUG Stock Chart & Stats
$2.78
-$0.29(-9.83%)
At close: 4:00 PM EST
$2.78
-$0.29(-9.83%)
Day’s Range― - ―
52-Week Range$0.81 - $4.58
Previous CloseN/A
Volume36.66M
Average Volume (3M)85.69M
Market Cap
$5.78B
Enterprise Value$5.51B
Total Cash (Recent Filing)$223.19M
Total Debt (Recent Filing)$1.01B
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Aug 12, 2026EPS Estimate
-0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.42
Shares Outstanding1,395,069,100
10 Day Avg. Volume104,129,759
30 Day Avg. Volume85,688,785
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.33
Price to Sales (P/S)3.21
P/FCF Ratio-3.45
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue7.45
Enterprise Value/Gross Profit-29.04
Enterprise Value/Ebitda-9.61
Forecast
1Y Price Target
$3.46Price Target Upside24.40% Upside
Rating ConsensusHold
Number of Analyst Covering15
EPS Forecast (FY)-0.34
Revenue Forecast (FY)$812.84M
Bulls Say, Bears Say
Bulls Say
Gross Margin ImprovementPositive gross margin driven by improved equipment and service margins after introduction of an air‑cooled stack and a more efficient dispatch model indicates progress toward sustainable adjusted profitability.
Hydrogen Market TractionRefocus on material handling and electrolyzer applications, supported by favorable regulatory support and expanding customer deployments across regions, creates a tangible revenue runway tied to the hydrogen transition.
Liquidity From Asset SalesPlanned monetization of assets and electricity rights, including an announced data center sale, combined with lower capital spending should bolster liquidity and reduce the need for an equity raise.
Bears Say
Fuel Supply DependencyReliance on third‑party hydrogen supply keeps fuel operations unprofitable and may structurally limit margin recovery in the material handling business unless fuel pricing or supply is improved.
Impairments And Financing StrainLarge impairment charges and a reshuffle of the debt stack that included issuing convertible securities underscore prior dependence on expensive financing and weigh on reported profitability.
Operating Cash BurnOperating cash outflows remain elevated and free cash flow is markedly negative, raising the risk that additional external funding will be required if operating cash generation does not strengthen.
Plug Power News
PLUG FAQ
What was Plug Power Inc’s price range in the past 12 months?
Plug Power Inc lowest stock price was $0.81 and its highest was $4.58 in the past 12 months.
What is Plug Power Inc’s market cap?
Plug Power Inc’s market cap is $5.78B.
When is Plug Power Inc’s upcoming earnings report date?
Plug Power Inc’s upcoming earnings report date is Aug 12, 2026 which is in 74 days.
How were Plug Power Inc’s earnings last quarter?
Plug Power Inc released its earnings results on May 11, 2026. The company reported -$0.18 earnings per share for the quarter, missing the consensus estimate of -$0.098 by -$0.082.
Is Plug Power Inc overvalued?
According to Wall Street analysts Plug Power Inc’s price is currently Undervalued.
Does Plug Power Inc pay dividends?
Plug Power Inc does not currently pay dividends.
What is Plug Power Inc’s EPS estimate?
Plug Power Inc’s EPS estimate is -0.08.
How many shares outstanding does Plug Power Inc have?
Plug Power Inc has 1,395,069,100 shares outstanding.
What happened to Plug Power Inc’s price movement after its last earnings report?
Plug Power Inc reported an EPS of -$0.18 in its last earnings report, missing expectations of -$0.098. Following the earnings report the stock price went up 1.136%.
Which hedge fund is a major shareholder of Plug Power Inc?
Currently, no hedge funds are holding shares in PLUG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Plug Power Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$3.46 (24.40% Upside)
$3.46 (24.40% Upside)
Blogger Sentiment
Neutral
PLUG Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
344.92%
12-Months-Change
Fundamentals
Return on Equity
-139.28%
Trailing 12-Months
Asset Growth
-34.82%
Trailing 12-Months
Company Description
Plug Power Inc
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.
PLUG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented substantial operational progress: strong revenue growth (+22%), an exceptional electrolyzer revenue surge (+343%), large improvements in gross margin (42 percentage points) and fuel margins (+54 percentage points), service cost reductions (~30%), improved liquidity ($802M total cash) and clear targets toward positive EBITDA in Q4 2026. However, material challenges remain: the company is still unprofitable (gross margin -13%, adjusted EPS -$0.08), relies on asset monetization and restricted cash releases for funding, and faces timing and execution risks on large electrolyzer projects. On balance, the quantitative and operational improvements indicate momentum and a credible path to profitability, while execution and funding risks warrant monitoring.View all PLUG earnings summariesPLUG Stock 12 Month Forecast
Average Price Target
$3.46
▲(24.40% Upside)
Technical Analysis
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Ownership Overview
0.58% Insiders
11.73% Mutual Funds
2.70% Other Institutional Investors
58.32% Public Companies and Individual Investors