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PLUG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
3.210
Open
3.150
VWAP
3.13
Vol
45.82M
Mkt Cap
4.35B
Low
3.050
Amount
143.25M
EV/EBITDA(TTM)
--
Total Shares
1.39B
EV
4.74B
EV/OCF(TTM)
--
P/S(TTM)
5.04
Plug Power Inc. is engaged in providing an end-to-end hydrogen ecosystem, from production, storage, and delivery to energy generation. The Company is focused on delivering hydrogen solutions. Its vertically integrated, end-to-end hydrogen solutions are designed to fit customer needs, including hydrogen production equipment and the delivery of hydrogen fuel, including fuel cells, proton exchange membrane (PEM) electrolyzers, hydrogen liquefiers, liquid hydrogen cryogenic solutions, and hydrogen production. Its product and service portfolio includes GenDrive, GenFuel, GenCare, GenKey, GenEco Electrolyzers, Liquefaction Systems, Cryogenic Equipment, GenSure, and Liquid Hydrogen. GenDrive is a hydrogen fueled PEM fuel cell system, providing power to material handling electric vehicles (EVs), including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment. GenFuel is a liquid hydrogen fueling, delivery, generation, storage, and dispensing system.
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Events Timeline

(ET)
2026-05-04
13:20:00
Plug Power Shares Slightly Down, Active Options Trading
select
2026-04-27 (ET)
2026-04-27
10:40:00
Plug Power Shares Down, Mixed Options Sentiment
select
2026-04-23 (ET)
2026-04-23
15:40:00
Plug Power Shares Down, Mixed Options Sentiment
select

News

Fool
7.5
05-09Fool
Plug Power Regains Market Confidence Amid Hydrogen Industry Momentum
  • Performance Recovery: Plug Power's revenue topped $700 million in 2025, marking a nearly 13% increase year-over-year, indicating a gradual restoration of market confidence and improved financial performance under new leadership.
  • Major Contract Award: The company announced in April that it secured a contract to supply a 275-megawatt electrolyzer system for the Hy2gen project in Canada, representing a significant advancement in its turnaround strategy and showcasing its competitiveness in the hydrogen market.
  • Financial Challenges: Despite revenue growth, Plug Power reported a net loss of $1.69 billion in 2025, highlighting the high-risk financial situation the company faces, necessitating cautious evaluation of its long-term return potential by investors.
  • Future Outlook: The new CEO anticipates achieving positive EBITDA by the end of fiscal 2026 and potentially reaching profitability by 2028, although the competitive landscape in the hydrogen industry remains fierce, and successful execution of the plan will require time and disciplined management.
Yahoo Finance
8.5
05-09Yahoo Finance
Plug Power Regains Market Confidence Amid Hydrogen Industry Momentum
  • Performance Recovery: Plug Power's revenue exceeded $700 million in 2025, marking a nearly 13% year-over-year increase, indicating a gradual restoration of market confidence under the new CEO, despite facing high-risk financial conditions.
  • Major Contract Awarded: The company announced in April that it secured a contract for a 275 MW GenEco electrolyzer system, representing significant progress in hydrogen projects and showcasing the potential of its turnaround strategy.
  • Profitability Outlook: The new CEO anticipates that Plug Power could achieve positive EBITDA by the end of fiscal 2026 and potentially reach profitability by 2028, providing a foundational confidence for long-term investors.
  • Intensifying Market Competition: Although Plug Power's stock has risen over 65% year-to-date, competition in the hydrogen sector is fierce, with companies like Bloom Energy and FuelCell Energy also making rapid advancements, necessitating cautious risk-return assessments from investors.
NASDAQ.COM
7.5
05-09NASDAQ.COM
Plug Power Implements Turnaround Strategy with 12.9% Revenue Growth
  • Significant Revenue Growth: Plug Power's revenue reached $700 million in 2025, reflecting a 12.9% increase year-over-year, indicating effective implementation of its turnaround strategy under new CEO leadership, which enhances market confidence.
  • Positive Gross Margin: The company achieved a gross margin of 2.4% in 2025, marking an improvement in its financial health that could attract more investor interest in its future developments.
  • Major Contract Awarded: In April, Plug announced a 275-megawatt electrolyzer contract, demonstrating its competitiveness in the hydrogen industry and a rebound in market demand, further solidifying its position in the sector.
  • Optimistic Future Outlook: The new CEO anticipates achieving positive EBITDA by the end of fiscal 2026 and potential profitability by 2028, although the company still faces high risks and intense competition, yet the market remains cautiously optimistic about its prospects.
seekingalpha
9.5
05-08seekingalpha
Plug Power Set to Announce Q1 Earnings on May 11
  • Earnings Announcement: Plug Power is set to release its Q1 earnings on May 11, with Wall Street expecting an EPS of -$0.10 on revenue of $139.76 million, reflecting a 4.6% year-over-year growth, which could significantly impact the company's market performance.
  • Revenue Growth Trend: In Q4 2025, Plug Power reported a 17.6% revenue increase to $225.2 million, surpassing Wall Street estimates, indicating early signs of improvement in revenue and gross margins that may lay the groundwork for future profitability.
  • Market Analysis Perspective: A recent Seeking Alpha analysis highlighted that demand for AI data centers and green hydrogen projects could create meaningful future revenue opportunities for Plug Power, although current EPS estimates have seen one upward and one downward revision, reflecting market uncertainty about its profitability.
  • Stock Performance Comparison: Since the beginning of the year, Plug Power shares have fallen nearly 19%, contrasting with a 16% rise in the S&P 500 index, indicating a cautious market sentiment towards its future performance, despite analysts generally rating the stock as a Hold.
Fool
9.5
05-07Fool
Plug Power Shares Surge 38.5% in April Amid Positive Outlook
  • Contract Secured: In April, Plug Power secured a 275 MW electrolyzer contract for Hy2gen Canada's Courant project, which will utilize green hydrogen to produce low-carbon ammonia, significantly enhancing the company's market share in the mining sector.
  • Revenue Growth: Plug Power reported a record $187 million in electrolyzer revenue for 2025, driving total annual revenue up 13% to $710 million, and achieving its first-ever positive gross profit with a 2.4% margin, marking a crucial step towards profitability.
  • Analyst Optimism: Following the implementation of the company's cost-saving program, Clear Street analyst raised Plug Power's price target from $3 to $3.50, reflecting increased market confidence in its future profitability.
  • Future Outlook: Despite facing cash burn and execution risks, management expects to achieve full profitability by the end of 2028, and April's stock surge indicates that the market is beginning to view Plug Power as a sustainable long-term investment opportunity.
NASDAQ.COM
8.5
05-07NASDAQ.COM
Plug Power Secures Major Electrolyzer Deal
  • Electrolyzer Contract Secured: Plug Power secured a 275 MW electrolyzer contract for Hy2gen Canada's Courant project in early April, which will utilize green hydrogen to produce low-carbon ammonia, significantly enhancing the company's market share in the mining sector.
  • First Gross Profit Achieved: The company reported $187 million in electrolyzer revenue for 2025, with total annual revenue rising 13% to $710 million, and achieved a 2.4% gross margin for the first time, marking a significant step towards profitability.
  • Stock Price Surge: Plug Power's shares surged 38.5% in April, driven by bullish sentiment from analysts, with Clear Street raising its price target from $3 to $3.50, reflecting increased market confidence in the company's profitability potential.
  • Future Profitability Outlook: Despite facing cash burn and execution risks, management expects to achieve full profitability by the end of 2028, and April's stock rally suggests the market is beginning to view Plug Power as a credible long-term investment opportunity.
Wall Street analysts forecast PLUG stock price to rise
15 Analyst Rating
Wall Street analysts forecast PLUG stock price to rise
4 Buy
8 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
0.75
Averages
2.46
High
7.00
Current: 0.000
sliders
Low
0.75
Averages
2.46
High
7.00
Clear Street
Tim Moore
Buy
maintain
$3
AI Analysis
2026-04-28
Reason
Clear Street
Tim Moore
Price Target
$3
AI Analysis
2026-04-28
maintain
Buy
Reason
Clear Street analyst Tim Moore raised the firm's price target on Plug Power to $3.50 from $3 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The firm trimmed Plug's first half of 2026 revenue forecasts and increased its second half numbers. It cites the company's continued order wins momentum over the past six months and "adequate liquidity" to fund near-term cash burn until free cash flow is likely achieved in 2028 for the target boost.
Susquehanna
Charles Minervino
Neutral
maintain
2026-04-09
Reason
Susquehanna
Charles Minervino
Price Target
2026-04-09
maintain
Neutral
Reason
Susquehanna analyst Charles Minervino raised the firm's price target on Plug Power to $2.75 from $2.50 and keeps a Neutral rating on the shares. The firm is updating estimates and price targets before Q1 earnings for its alternative energy names.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PLUG
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Valuation Metrics

The current forward P/E ratio for Plug Power Inc (PLUG.O) is 13.11, compared to its 5-year average forward P/E of -20.87. For a more detailed relative valuation and DCF analysis to assess Plug Power Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-20.87
Current PE
13.11
Overvalued PE
13.13
Undervalued PE
-54.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
95.35
Current EV/EBITDA
-7.77
Overvalued EV/EBITDA
901.38
Undervalued EV/EBITDA
-710.68

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
8.20
Current PS
4.61
Overvalued PS
16.84
Undervalued PS
-0.43

Financials

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Whales Holding PLUG

E
Electron Capital Partners, LLC
Holding
PLUG
+17.82%
3M Return

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Frequently Asked Questions

What is Plug Power Inc (PLUG) stock price today?

The current price of PLUG is 3.12 USD — it has decreased -0.32

What is Plug Power Inc (PLUG)'s business?

Plug Power Inc. is engaged in providing an end-to-end hydrogen ecosystem, from production, storage, and delivery to energy generation. The Company is focused on delivering hydrogen solutions. Its vertically integrated, end-to-end hydrogen solutions are designed to fit customer needs, including hydrogen production equipment and the delivery of hydrogen fuel, including fuel cells, proton exchange membrane (PEM) electrolyzers, hydrogen liquefiers, liquid hydrogen cryogenic solutions, and hydrogen production. Its product and service portfolio includes GenDrive, GenFuel, GenCare, GenKey, GenEco Electrolyzers, Liquefaction Systems, Cryogenic Equipment, GenSure, and Liquid Hydrogen. GenDrive is a hydrogen fueled PEM fuel cell system, providing power to material handling electric vehicles (EVs), including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment. GenFuel is a liquid hydrogen fueling, delivery, generation, storage, and dispensing system.

What is the price predicton of PLUG Stock?

Wall Street analysts forecast PLUG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLUG is2.46 USD with a low forecast of 0.75 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Plug Power Inc (PLUG)'s revenue for the last quarter?

Plug Power Inc revenue for the last quarter amounts to 225.22M USD, increased 17.63

What is Plug Power Inc (PLUG)'s earnings per share (EPS) for the last quarter?

Plug Power Inc. EPS for the last quarter amounts to -0.63 USD, decreased -57.43

How many employees does Plug Power Inc (PLUG). have?

Plug Power Inc (PLUG) has 2582 emplpoyees as of May 10 2026.

What is Plug Power Inc (PLUG) market cap?

Today PLUG has the market capitalization of 4.35B USD.