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Plug Power (PLUG)
NASDAQ:PLUG
PLUG Stock Chart & Stats
$2.23
-$0.29(-9.83%)
At close: 4:00 PM EST
$2.23
-$0.29(-9.83%)
Day’s Range― - ―
52-Week Range$0.69 - $4.58
Previous CloseN/A
Volume36.66M
Average Volume (3M)88.11M
Market Cap
$3.11B
Enterprise Value$3.00B
Total Cash (Recent Filing)$555.29M
Total Debt (Recent Filing)$997.17M
Price to Earnings (P/E)―
Beta1.18
Next Earnings
May 13, 2026EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.63
Shares Outstanding1,393,955,100
10 Day Avg. Volume78,286,053
30 Day Avg. Volume88,109,978
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 Cap0.96
Enterprise Value/Revenue4.23
Enterprise Value/Gross Profit-12.39
Enterprise Value/Ebitda-3.71
Forecast
1Y Price Target
$2.58Price Target Upside15.70% Upside
Rating ConsensusHold
Number of Analyst Covering13
EPS Forecast (FY)-0.31
Revenue Forecast (FY)$804.21M
Bulls Say, Bears Say
Bulls Say
Liquidity And Balance SheetPlanned asset monetizations combined with stronger cash reserves are expected to provide meaningful proceeds and bolster liquidity, potentially reducing the need for future equity issuance if operating cash generation improves.
Market Strategy And DemandRefocusing on material handling and electrolyzer applications, supported by regulatory incentives and new customer deployments, positions the company to capture growing hydrogen demand and drive revenue expansion.
Profitability ImprovementPositive gross margins achieved after expense reductions and manufacturing efficiency gains indicate improving core profitability and progress toward breakeven on operating earnings.
Bears Say
Cash Flow RiskOperating cash outflows remain elevated despite margin gains, and persistent negative free cash flow raises the risk that additional external funding will be required if core operating cash generation does not materialize.
Execution And Impairment ExposureLarge impairment charges, a recent operating income shortfall, and use of convertible securities to reshape the debt stack highlight execution challenges and prior reliance on costly financing that could weigh on valuation.
Supply Chain And Margin PressureDependence on third‑party hydrogen suppliers keeps fuel operations structurally unprofitable and may constrain margin recovery in material handling unless sourcing economics improve.
Plug Power News
PLUG FAQ
What was Plug Power’s price range in the past 12 months?
Plug Power lowest stock price was $0.69 and its highest was $4.58 in the past 12 months.
What is Plug Power’s market cap?
Plug Power’s market cap is $3.11B.
When is Plug Power’s upcoming earnings report date?
Plug Power’s upcoming earnings report date is May 13, 2026 which is in 51 days.
How were Plug Power’s earnings last quarter?
Plug Power released its earnings results on Mar 02, 2026. The company reported -$0.63 earnings per share for the quarter, missing the consensus estimate of -$0.104 by -$0.526.
Is Plug Power overvalued?
According to Wall Street analysts Plug Power’s price is currently Undervalued.
Does Plug Power pay dividends?
Plug Power does not currently pay dividends.
What is Plug Power’s EPS estimate?
Plug Power’s EPS estimate is -0.1.
How many shares outstanding does Plug Power have?
Plug Power has 1,393,955,100 shares outstanding.
What happened to Plug Power’s price movement after its last earnings report?
Plug Power reported an EPS of -$0.63 in its last earnings report, missing expectations of -$0.104. Following the earnings report the stock price went up 23.204%.
Which hedge fund is a major shareholder of Plug Power?
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
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$2.58 (15.70% Upside)
$2.58 (15.70% Upside)
Blogger Sentiment
Neutral
PLUG Sentiment 67%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.25%
12-Months-Change
Fundamentals
Return on Equity
-110.00%
Trailing 12-Months
Asset Growth
-27.99%
Trailing 12-Months
Company Description
Plug Power
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear operational progress: double-digit top-line growth (13% in 2025), a dramatic 125 percentage‑point swing in Q4 gross margin (from -122.5% to +2.4%), record electrolyzer revenue ($188M), shipments of >300 MW, stronger cash posture ($368.5M unrestricted) and a roadmap to positive EBITDAS in Q4 2026. Those achievements were balanced against a material accounting hit (net $763M impairments), continued adjusted net losses, seasonal cash burn risk in H1 2026 and conversion/timing risks in the ~$8B project funnel. Overall, management framed 2025 as a structural turning point with disciplined execution and gave high confidence in near-term targets while acknowledging remaining execution and market risks.View all PLUG earnings summariesPLUG Stock 12 Month Forecast
Average Price Target
$2.58
▲(15.70% Upside)
Technical Analysis
Fuelcell Energy
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Solid Power
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Amprius Technologies Inc
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Ownership Overview
0.60% Insiders
11.14% Mutual Funds
1.91% Other Institutional Investors
64.02% Public Companies and Individual Investors