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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
2.260
Open
2.190
VWAP
2.16
Vol
65.74M
Mkt Cap
2.96B
Low
2.110
Amount
142.21M
EV/EBITDA(TTM)
--
Total Shares
1.39B
EV
3.43B
EV/OCF(TTM)
--
P/S(TTM)
3.52
Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.
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Events Timeline

(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
2026-03-03 (ET)
2026-03-03
16:20:00
US Stocks Drop Amid Middle East Tensions; Trump Announces Maritime Trade Security Measures
select
2026-03-03
11:50:00
Middle East Conflict Escalates, Major Indices Down Nearly 1.5%
select
2026-03-03
09:00:00
U.S. Stock Futures Sharply Lower as Oil Prices Surge Raises Concerns
select

News

NASDAQ.COM
9.5
03-10NASDAQ.COM
PinnedPlug Power Reports Strong Quarterly Results, Raises Concerns on Profitability
  • Earnings Beat: Plug Power's Q4 2025 sales reached $225.2 million, surpassing analyst expectations of $217 million, indicating the company's competitive strength and growth potential in the energy sector.
  • Improved Loss Per Share: The adjusted loss per share was $0.06, better than Wall Street's anticipated loss of $0.10, suggesting progress in cost management and operational efficiency.
  • Stock Price Surge: Following the earnings report, Plug Power's stock price rose from $1.81 to $2.50, although it has since given back some gains, the overall trend remains positive, reflecting market confidence in the company's future.
  • Profitability Concerns: Despite a 13% revenue growth to $710 million for the full year of 2025, the company still faces significant challenges regarding profitability and cash flow, prompting investors to carefully assess its long-term investment viability.
seekingalpha
8.5
03-09seekingalpha
PinnedPlug Power Plans 250 MW Hydrogen Auction Amid Power Shortages
  • Hydrogen Auction Initiative: Plug Power (PLUG) is planning to offer up to 250 MW of hydrogen electricity in a special auction by PJM Interconnection, aiming to meet the increasing demand from data centers and utilities, thereby enhancing its competitive position in the market.
  • Surging Market Demand: With data centers experiencing a surge in electricity consumption, PJM is facing potential power shortages, prompting Plug Power to actively engage with hyperscalers and utility companies to secure contracts lasting at least seven years, ensuring a stable revenue stream.
  • Leadership Transition: Following the appointment of new CEO Jose Luis Crespo, Plug Power is implementing a succession plan aimed at driving strategic transformation under new leadership to adapt to market changes and improve operational efficiency.
  • Optimistic Financial Outlook: Despite reporting a lower-than-expected loss in Q4, Plug Power anticipates achieving positive EBITDA this year, indicating its recovery potential in the market and confidence in future growth.
Globenewswire
7.0
03-10Globenewswire
Reminder for Plug Power Investors on Class Action Deadline
  • Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of its CEO and President, resulting in a stock price drop of $0.26, or 6.3%, closing at $3.87 per share, thereby injuring investors significantly.
  • Monetization Plan: On November 10, 2025, Plug Power revealed a nonbinding letter of intent with a major U.S. data center developer to monetize its electricity rights in New York, causing the stock to fall by $0.09, or 3.4%, to $2.53 per share.
  • Project Suspension Risks: On November 13, 2025, the company confirmed the suspension of plans to construct six low-carbon hydrogen production facilities, jeopardizing a $1.66 billion DOE loan, leading to a stock price decline of $0.48, or 17.6%, over two days, closing at $2.25 per share.
  • Lawsuit Allegations Overview: The class action lawsuit alleges that Plug Power misled investors by failing to disclose adverse facts about its business and operations throughout the class period, potentially exposing investors to greater financial risks.
Globenewswire
7.0
03-10Globenewswire
Multiple Companies Face Class Action Lawsuits
  • Richtech Robotics Lawsuit: Richtech Robotics Inc. is facing allegations for failing to disclose its non-existent collaboration with Microsoft during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff motion deadline set for April 3, 2026.
  • Picard Medical Allegations: Picard Medical, Inc. is accused of being involved in a fraudulent stock promotion scheme from September 2 to October 31, 2025, failing to disclose critical information that undermined investor confidence, with the same lead plaintiff motion deadline of April 3, 2026.
  • Plug Power Legal Issues: Plug Power, Inc. is under scrutiny for allegedly overstating the availability of funds related to a DOE loan during the period from January 17 to November 13, 2025, misleading investors about future projects, with a lead plaintiff motion deadline of April 3, 2026.
  • Legal Consultation Reminder: The Law Offices of Frank R. Cruz encourage affected investors to reach out for legal advice regarding their rights, providing contact details including phone and email for inquiries.
Fool
9.5
03-10Fool
Plug Power Reports Strong Earnings, Stock Rises
  • Strong Earnings Report: Plug Power's Q4 2025 sales reached $225.2 million, exceeding analyst expectations of $217 million, indicating robust performance amid rising energy demands and boosting investor confidence.
  • Stock Price Surge: Following the earnings announcement, Plug Power's stock price rose from $1.81 to a peak of $2.50, although it has since retraced some gains, reflecting a generally positive market outlook for the company.
  • Profitability Concerns: Despite a 13% increase in full-year revenue to $710 million in 2025, the company remains unprofitable, with ongoing cash burn raising questions about its long-term sustainability, necessitating caution from investors.
  • Investment Risk Warning: While Plug Power's valuation has significantly decreased from five years ago, the absence of a clear path to profitability keeps it a high-risk investment, suggesting that investors with lower risk tolerance should consider safer growth opportunities instead.
PRnewswire
7.0
03-10PRnewswire
Plug Power Faces Securities Fraud Class Action Lawsuit
  • Lawsuit Background: Plug Power and its executives are facing a class action lawsuit for securities fraud due to alleged misrepresentations regarding a $1.66 billion DOE loan and hydrogen facilities, which resulted in a 17% stock decline.
  • Stock Volatility: On October 7, 2025, Plug Power's stock dropped from $4.13 to $3.87, a 6.3% decline, following the abrupt departure of its CEO and President; on November 10, the stock fell another 3.4% due to the suspension of DOE loan activities.
  • Loan Risks: The lawsuit claims that Plug Power overstated the likelihood of securing DOE loan funds and failed to construct the promised hydrogen production facilities, leading to diminished investor confidence and ongoing stock price declines.
  • Legal Implications: Investors have until April 3, 2026, to apply to lead the case, and a favorable outcome could significantly impact Plug Power's financial health and market performance going forward.
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
Jefferies
Hold
downgrade
$2
AI Analysis
2026-03-09
New
Reason
Jefferies
Price Target
$2
AI Analysis
2026-03-09
New
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.
Wells Fargo
Equal Weight
maintain
$2
2026-03-04
Reason
Wells Fargo
Price Target
$2
2026-03-04
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on Plug Power to $2 from $1.50 and keeps an Equal Weight rating on the shares following a mixed quarter. The firm notes the company beat consensus on Q4 revenue and returned to positive gross margin. However, 2026 revenue growth guidance missed.
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 -5.95, compared to its 5-year average forward P/E of -26.05. 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
-26.05
Current PE
-5.95
Overvalued PE
10.53
Undervalued PE
-62.63

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
208.73
Current EV/EBITDA
-14.15
Overvalued EV/EBITDA
1303.07
Undervalued EV/EBITDA
-885.61

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
9.55
Current PS
3.77
Overvalued PS
19.81
Undervalued PS
-0.71

Financials

AI Analysis
Annual
Quarterly

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Whales Holding PLUG

E
Electron Capital Partners, LLC
Holding
PLUG
+5.84%
3M Return

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Frequently Asked Questions

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

The current price of PLUG is 2.12 USD — it has decreased -2.75

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

Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.

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 March 11 2026.

What is Plug Power Inc (PLUG) market cap?

Today PLUG has the market capitalization of 2.96B USD.