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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
2.790
Open
2.730
VWAP
2.76
Vol
7.91M
Mkt Cap
3.88B
Low
2.720
Amount
21.86M
EV/EBITDA(TTM)
--
Total Shares
1.39B
EV
4.26B
EV/OCF(TTM)
--
P/S(TTM)
4.49
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.
Show More

Events Timeline

(ET)
2026-04-02
07:10:00
Plug Power Awarded 275 MW Contract from Hy2gen
select
2026-03-08 (ET)
2026-03-08
22:30:00
KKR Plans to Sell CoolIT Systems for Over $3B
select
2026-03-08
13:30:00
Plug Power Plans to Offer 250 Megawatts of Hydrogen Power in Auction
select
link

News

NASDAQ.COM
9.5
04-19NASDAQ.COM
PinnedPlug Power Stock Rises 30% Amid Challenges
  • Stock Surge: Plug Power's stock has risen over 30% since the beginning of 2026, indicating growing market confidence in the hydrogen company, although its performance still lags behind the S&P 500's 200% increase.
  • Analyst Target: Craig-Hallum analyst Eric Stine has set a $7 price target for Plug Power, suggesting over 150% potential upside, reaffirming a buy recommendation that reflects optimism about the company's future growth prospects.
  • Revenue Growth: Over the past decade, Plug Power's revenue has grown at an annual rate of over 20%, increasing from $86 million in 2016 to over $700 million by 2025, demonstrating the company's maturation as a hydrogen ecosystem provider.
  • Shareholder Dilution: Despite significant revenue growth, the company has experienced a staggering 673% dilution of shareholders over the past decade, resulting in a substantial decrease in ownership percentage for investors, highlighting ongoing challenges in financial sustainability.
Fool
8.5
04-19Fool
PinnedPlug Power Stock Rises Over 30% in 2026
  • Stock Surge: Since the beginning of 2026, Plug Power's stock has risen over 30%, reflecting market confidence in the hydrogen fuel company, with analysts predicting a potential upside of over 150% despite the current price of $2.78.
  • Revenue Growth: Over the past decade, Plug Power's revenue has grown at an annual rate of over 20%, increasing from $86 million in 2016 to over $700 million in 2025, indicating the company's maturation in the hydrogen ecosystem, even as its stock performance lags behind.
  • Shareholder Dilution: The total share count of Plug Power has increased by 673% over the past ten years, significantly diluting shareholder ownership, and despite efforts to maintain operations through asset sales and debt issuance, the company continues to face ongoing losses.
  • Future Outlook: While analysts remain optimistic about Plug Power's future revenue growth, investors should approach with caution until the company achieves financial sustainability without frequent and massive shareholder dilution.
Fool
4.5
11:06 AMFool
Plug Power's Restructuring Plan Shows Promise
  • Clear Profit Goals: Plug Power has set an ambitious target to achieve full profitability by 2028, aiming for positive EBITDA by Q4 this year and positive operating income next year, reflecting management's confidence and commitment to the company's future.
  • Cost Control Measures: By producing hydrogen in-house at its facilities in Georgia, Louisiana, and Tennessee, the company has reduced production costs by about one-third, significantly improving profitability and decreasing reliance on high-priced third-party hydrogen.
  • Major Contract Signed: Plug Power secured a contract to supply a 275-megawatt GenEco PEM electrolyzer system to Hy2gen, utilizing hydroelectric power for hydrogen production, with full commissioning expected by 2029, further solidifying its position in the hydrogen market.
  • Optimistic Market Outlook: With shifts in the energy market and strong industrial demand, Plug Power's turnaround efforts may attract more investor attention, especially as the company enhances efficiency and margins, potentially leading to shareholder returns in the future.
NASDAQ.COM
8.5
11:04 AMNASDAQ.COM
Plug Power Launches Project Quantum Leap for Profitability
  • Profitability Goals: Plug Power has set an ambitious target to achieve full profitability by 2028, with plans to reach positive operating income next year, reflecting management's confidence and clear strategic direction for the company's future.
  • Hydrogen Production Shift: The company is transitioning from high-cost hydrogen procurement to in-house production, which is expected to reduce hydrogen production costs to one-third of market prices, significantly improving profitability and reducing reliance on external suppliers.
  • New Project Partnership: Plug Power secured a contract to supply a 275-megawatt PEM electrolyzer system for Hy2gen's project, which will utilize hydroelectric power for hydrogen production, with full commissioning expected by 2029, further expanding its market share.
  • Automation Upgrades: The company is enhancing production efficiency through automated assembly processes and machinery redesign, which not only helps lower production costs but also strengthens its competitive position in the hydrogen market, driving long-term growth.
Yahoo Finance
2.0
04-19Yahoo Finance
Plug Power Stock Surges Over 30% in 2026
  • Stock Surge: Since the beginning of 2026, Plug Power's stock has risen over 30%, indicating strong market confidence in the hydrogen fuel company and potentially signaling sustained growth ahead.
  • Analyst Target: Craig-Hallum analyst Eric Stine has set a price target of $7 for Plug Power, suggesting over 150% potential upside, which further bolsters investor optimism regarding the stock's future performance.
  • Revenue Growth: Over the past decade, Plug Power's revenue has increased from $86 million to over $700 million, with an annual growth rate exceeding 20%, showcasing significant progress in the company's maturity as a hydrogen ecosystem provider despite poor stock performance.
  • Shareholder Dilution: The total share count of Plug Power has increased by 673% over the past ten years, leading to significant dilution of shareholder equity, which has resulted in a disconnect between the company's revenue success and shareholder returns.
Fool
2.0
04-17Fool
Plug Power Faces Increased Stock Volatility Risks
  • Stock Surge and Short Pressure: Since the beginning of 2026, Plug Power's stock has surged nearly 50%, yet its nearly 25% short interest indicates that 'smart money' remains cautious, reflecting a divergence in market sentiment regarding its future performance.
  • Dilution Risk: Over the past five years, Plug Power's share count has ballooned from 500 million to approximately 1.15 billion, and the recent shareholder vote to double the maximum authorized shares from 1.5 billion to 3 billion suggests a potential need for additional capital to address a negative operating cash flow of $535.8 million.
  • Cash Flow and Growth Targets: Although management anticipates higher sales and lower cash burn in 2026, the negative cash flow of nearly $150 million reported in Q4 2025 highlights the challenges the company faces in achieving its ambitious growth targets.
  • Market Adaptation and Future Uncertainty: Plug Power is adapting its market strategy through the 'Quantum Leap' plan, and while cash burn decreased by 26.5% in 2025 compared to 2024, the year-over-year increase in Q4 cash burn indicates significant uncertainty regarding future financial performance.
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
Susquehanna
Charles Minervino
Neutral
maintain
AI Analysis
2026-04-09
Reason
Susquehanna
Charles Minervino
Price Target
AI Analysis
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.
Jefferies
Hold
downgrade
$2
2026-03-09
Reason
Jefferies
Price Target
$2
2026-03-09
downgrade
Hold
Reason
Jefferies lowered the firm's price target on Plug Power to $1.80 from $2 and keeps a Hold rating on the shares. Plug reiterated its expectation to inflect to positive EBITDA in 2026, but the firm still sees this as a "show me story," the analyst tells investors.
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 -22.22. 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
-22.22
Current PE
13.11
Overvalued PE
12.87
Undervalued PE
-57.32

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
146.57
Current EV/EBITDA
-6.96
Overvalued EV/EBITDA
1080.62
Undervalued EV/EBITDA
-787.47

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
8.49
Current PS
4.09
Overvalued PS
17.41
Undervalued PS
-0.44

Financials

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Whales Holding PLUG

E
Electron Capital Partners, LLC
Holding
PLUG
+13.73%
3M Return

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Frequently Asked Questions

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

The current price of PLUG is 2.78 USD — it has increased 0

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 April 20 2026.

What is Plug Power Inc (PLUG) market cap?

Today PLUG has the market capitalization of 3.88B USD.