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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
3.990
Open
3.645
VWAP
3.78
Vol
97.57M
Mkt Cap
5.27B
Low
3.570
Amount
368.82M
EV/EBITDA(TTM)
--
Total Shares
1.40B
EV
5.85B
EV/OCF(TTM)
--
P/S(TTM)
6.42
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)
2026-05-11
16:20:00
Plug Power Aims for Positive EBITDAS in Q4
select
2026-05-11
16:20:00
Plug Reports Q1 Revenue of $163.51M, Exceeding Expectations
select

News

Fool
9.5
05-14Fool
PinnedPlug Power Reports Significant First Quarter Margin Improvements
  • Margin Improvement: Plug Power's gross margin improved from negative 55% to negative 13% in Q1, primarily due to its own hydrogen network and favorable third-party agreements, indicating positive signs of business transformation despite still not being profitable.
  • Revenue Growth: The company reported a 22% year-over-year revenue increase to $163.5 million in Q1, driven by higher sales of equipment and electrolyzers, suggesting a rebound in market demand.
  • Cash Flow Status: Despite operating cash outflows of $150 million and negative free cash flow of $158.2 million, the company ended the quarter with $223.2 million in unrestricted cash, demonstrating some financial resilience.
  • Future Outlook: Plug Power targets a revenue growth of 13% to 15% for the year and expects positive adjusted EBITDA in Q4, indicating that its efforts to achieve profitability are gradually bearing fruit.
Fool
9.5
05-14Fool
Plug Power's Quarterly Report Indicates Signs of Recovery
  • Revenue Growth: Plug Power reported a 22% year-over-year revenue increase in its latest quarterly report, primarily driven by material handling, electrolyzers, and hydrogen fuel, signaling positive momentum for the company's recovery.
  • Margin Improvement: The gross margin improved significantly from negative territory to a positive 13%, indicating that the company's efforts in cost control and efficiency are yielding results, thereby boosting investor confidence in future profitability.
  • EBITDAS Target: CEO Jose Luis Crespo has set a goal to achieve positive EBITDAS by the fourth quarter of 2026, and if successful, this will provide strong support for the company's long-term outlook and attract more investor interest.
  • Stock Price Volatility Risk: Despite signs of recovery in the short term, Plug Power's stock has fallen 84% over the past five years, and any strategic missteps could exert greater pressure on its stock price, necessitating vigilance from investors.
Fool
2.0
05-13Fool
Plug Power Stock Surges 11.2% Amid Analyst Upgrade
  • Significant Stock Surge: Plug Power's stock closed up 11.2% on Wednesday, reaching a peak increase of 15.4% during the session, indicating growing investor optimism about its future performance following a sell-off the previous day.
  • Market Rebound Support: With the S&P 500 gaining 0.5% and the Nasdaq Composite jumping 1.2%, Plug Power benefited from the overall market rebound, reflecting a bullish sentiment among investors despite macroeconomic risks.
  • Analyst Price Target Increase: Susquehanna raised Plug Power's price target from $2.75 to $3.75 per share, maintaining a neutral rating, which highlights recognition of the company's cost-reduction initiatives despite the analyst's cautious stance.
  • Improving Profit Outlook: Analysts noted that Plug Power may achieve positive non-GAAP EBITDA in the fourth quarter of this year, attracting investor interest and suggesting the company is poised for a turnaround.
Newsfilter
9.5
05-13Newsfilter
Plug Power Surges After Beating Earnings Estimates and Price Target Increases
  • Earnings Beat: Plug Power reported earnings that exceeded market expectations, leading to a surge in its stock price, reflecting strong performance in the hydrogen sector and increased market confidence.
  • Analyst Upgrades: Multiple analysts raised their price targets for Plug Power, indicating a positive outlook on the company's future growth potential, which may attract more investor interest.
  • Positive Market Reaction: The stock price increase not only enhances the company's market capitalization but also strengthens its competitive position in the hydrogen market, further solidifying its image as an industry leader.
  • Strategic Growth Outlook: With improved profitability and positive analyst ratings, Plug Power is poised to accelerate investments in hydrogen technology and infrastructure, driving the implementation of its long-term growth strategy.
Fool
9.5
05-13Fool
Plug Power Reports Significant Improvement in Q1 Performance
  • Accelerated Revenue Growth: Plug Power reported $163.5 million in revenue for Q1, a 22% year-over-year increase that significantly exceeded analysts' expectations of $140 million, indicating strong demand in its materials handling business, particularly with Walmart and Amazon.
  • Margin Improvement: The company achieved a 71% improvement in margins during the quarter, driven by sales growth, cost optimization, and fuel sourcing efficiencies, although it still reported an operating loss of approximately $109 million, a substantial reduction from the $178 million loss in the same period last year.
  • Future Growth Catalysts: Plug Power has deployed over 320 megawatts of electrolyzer solutions globally and has more than $8 billion in additional projects in the pipeline, highlighting its strong growth potential in industrial and energy applications.
  • Clear Profitability Goals: The company aims to achieve positive EBITDA by Q4 this year and positive operating income by the end of next year, with a long-term goal of full profitability by the end of 2028, demonstrating a strategic focus on improving its financial health.
Newsfilter
9.5
05-12Newsfilter
Plug Power Reports Better-Than-Expected Q1 Results
  • Strong Performance: Plug Power reported Q1 revenue of $163.51 million, exceeding market expectations, indicating robust growth potential in the hydrogen sector, which is likely to attract further investor interest.
  • Reduced Losses: The company posted a loss of $0.08 per share, an improvement from previous quarters, suggesting progress in cost control and operational efficiency, which could enhance investor confidence.
  • Stock Price Surge: Following the positive earnings report, Plug Power's stock rose by 4.1% to $3.66, reflecting increased market confidence in the company's future prospects and potentially drawing more institutional investors.
  • Optimistic Market Outlook: As the hydrogen market continues to expand, Plug Power's improved performance may lay the groundwork for future growth, particularly in the context of rising emphasis on renewable energy and clean technologies.
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
2026-05-13
New
Reason
Susquehanna
Charles Minervino
Price Target
AI Analysis
2026-05-13
New
maintain
Neutral
Reason
Susquehanna analyst Charles Minervino raised the firm's price target on Plug Power to $3.75 from $2.75 and keeps a Neutral rating on the shares. The fim updated its model following Q1 results as the company continues to make progress on its cost reduction efforts through its Project Quantum Leap initiative and is targeting reaching upside EBITDAS by 4Q26.
B. Riley
B. Riley
NULL
to
Buy
maintain
$3 -> $5
2026-05-12
New
Reason
B. Riley
B. Riley
Price Target
$3 -> $5
2026-05-12
New
maintain
NULL
to
Buy
Reason
B. Riley raised the firm's price target on Plug Power to $5 from $3 and keeps a Buy rating on the shares. Plug Power reported Q1 revenue well above expectations alongside improving gross margins, supported by cost actions from its "Project Quantum Leap" initiative, with management guiding to 13%-15% full-year revenue growth, sequential margin improvement through 2026, and a path toward positive EBITDAS in Q4 driven by stronger 2H seasonality, operational discipline, and planned asset monetization proceeds, the analyst tells investors in a research note.
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 -20.44. 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
-20.44
Current PE
13.11
Overvalued PE
13.31
Undervalued PE
-54.19

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
80.04
Current EV/EBITDA
-9.85
Overvalued EV/EBITDA
850.73
Undervalued EV/EBITDA
-690.64

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
8.12
Current PS
5.51
Overvalued PS
16.69
Undervalued PS
-0.44

Financials

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Whales Holding PLUG

E
Electron Capital Partners, LLC
Holding
PLUG
+17.07%
3M Return

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Frequently Asked Questions

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

The current price of PLUG is 3.78 USD — it has decreased -0.26

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 163.51M USD, increased 22.32

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 -0.18 USD, decreased -14.29

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

Plug Power Inc (PLUG) has 2582 emplpoyees as of May 16 2026.

What is Plug Power Inc (PLUG) market cap?

Today PLUG has the market capitalization of 5.27B USD.