Plug Power Inc. (PLUG)

US — Industrials Sector
Peers: EAF  HAYW  AMPX  EOSE  HAFN  MATX  GTLS  AIR  KFY  KAI 

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Key Metrics & Ratings

  • symbol PLUG
  • Rev/Share 0.5972
  • Book/Share 1.5657
  • PB 1.3973
  • Debt/Equity 0.3252
  • CurrentRatio 1.5914
  • ROIC -0.6638

 

  • MktCap 2155676475.0
  • FreeCF/Share -0.6838
  • PFCF -2.7981
  • PE -1.1922
  • Debt/Assets 0.163
  • DivYield 0
  • ROE -0.9494

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 4
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade PLUG Seaport Research Partners Neutral Sell -- $1 Jan. 27, 2025

News

PLUG Stock To $1?
PLUG
Published: November 18, 2025 by: Forbes
Sentiment: Negative

Plug Power (NASDAQ: PLUG) has become one of the most highly reactive clean-energy stocks in the market. After trading above $4 in early October, the stock experienced a severe 40% drop, plummeting as investors abandoned high-beta renewable companies in response to rising Treasury yields and escalating tariff concerns.

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image for news PLUG Stock To $1?
Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
PLUG
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
Plug Power Surges 38.6% YTD: Should Investors Ride the Rally?
PLUG
Published: November 13, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's strong electrolyzer demand, global partnerships and green hydrogen momentum fuel optimism despite ongoing margin and cash flow challenges.

Read More
image for news Plug Power Surges 38.6% YTD: Should Investors Ride the Rally?
Plug Power: Progress Is Clear, Profits Aren't
PLUG
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Positive

Plug Power Inc. is building a full-scale green hydrogen ecosystem, expanding electrolyzer sales, and benefiting from supportive government policies. PLUG's Q3 revenue rose modestly, with strong growth in electrolyzer sales and improved cash flow, but overall profitability remains elusive. Despite operational improvements, PLUG stock trades at a significant premium to sector peers, justified mainly by sales-based valuations rather than earnings.

Read More
image for news Plug Power: Progress Is Clear, Profits Aren't
Plug Power is using the AI power boom to generate cash and ditch unneeded government support
PLUG
Published: November 11, 2025 by: Market Watch
Sentiment: Positive

Plug Power has dropped out of a government loan program, deciding it was more cost-effective to pay for hydrogen supply than to build its own network. Analysts agree.

Read More
image for news Plug Power is using the AI power boom to generate cash and ditch unneeded government support
PLUG's Q3 Equipment Revenues Decline Y/Y: What's the Reason Behind It?
PLUG
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

Plug Power sees revenue declines in legacy product lines, but rising electrolyzer demand may fuel a turnaround.

Read More
image for news PLUG's Q3 Equipment Revenues Decline Y/Y: What's the Reason Behind It?
How to Approach Plug Power Stock Ahead of Its Q3 Earnings Release?
PLUG
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Negative

PLUG faces margin pressures ahead of Q3 earnings, but strong electrolyzer demand and global partnerships are likely to offer support.

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image for news How to Approach Plug Power Stock Ahead of Its Q3 Earnings Release?
Insights Into Plug Power (PLUG) Q3: Wall Street Projections for Key Metrics
PLUG
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Plug Power (PLUG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.

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image for news Insights Into Plug Power (PLUG) Q3: Wall Street Projections for Key Metrics
Can Solid Electrolyzer Demand Drive Plug Power's Q3 Sales?
PLUG
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's soaring electrolyzer sales, new global deals and project milestones fuel its accelerating growth momentum.

Read More
image for news Can Solid Electrolyzer Demand Drive Plug Power's Q3 Sales?
Archer Aviation ($ACHR) | WeRide ($WRD) | Plug Power ($PLUG) | ChargePoint ($CHPT)
ACHR, CHPT, PLUG, WRD
Published: November 05, 2025 by: Green Stock News
Sentiment: Positive

Welcome to the Green Stock News brief for Wednesday November 5th. Here are today's top headlines: Archer Aviation (NYSE: ACHR) has announced that its Midnight aircraft has been selected by the Tokyo Metropolitan Government for phase one of Tokyo's “eVTOL Implementation Project.

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image for news Archer Aviation ($ACHR) | WeRide ($WRD) | Plug Power ($PLUG) | ChargePoint ($CHPT)
Will Plug Power (PLUG) Report Negative Q3 Earnings? What You Should Know
PLUG
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Negative

Plug Power (PLUG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Will Plug Power (PLUG) Report Negative Q3 Earnings? What You Should Know
Bloom Energy vs. Plug Power: Which Fuel-Cell Stock Should You Buy Now?
BE, PLUG
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Neutral

BE and PLUG stock can provide emission-free power to customers, bypassing the need for the grid.

Read More
image for news Bloom Energy vs. Plug Power: Which Fuel-Cell Stock Should You Buy Now?
Is Trending Stock Plug Power, Inc. (PLUG) a Buy Now?
PLUG
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Plug Power (PLUG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Is Trending Stock Plug Power, Inc. (PLUG) a Buy Now?
BorgWarner ($BWA) | Plug Power ($PLUG) | Clean Energy Fuels ($CLNE) | Aduro Clean Tech ($ADUR)
ACTHF, BWA, CLNE, PLUG
Published: October 30, 2025 by: Green Stock News
Sentiment: Positive

Welcome to the Green Stock News brief for Thursday October 30th. Here are today's top headlines: BorgWarner (NYSE: BWA) has secured its first North American contract to supply battery technology for autonomous vehicles, providing its NMC 157 cylindrical cell battery system for the fully electric, Level 4 HOLON urban shuttle.

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image for news BorgWarner ($BWA) | Plug Power ($PLUG) | Clean Energy Fuels ($CLNE) | Aduro Clean Tech ($ADUR)
Traders Are Actively Buying These Stocks Right Now
OPEN, PLUG, QBTS, RGTI
Published: October 24, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Read More
image for news Traders Are Actively Buying These Stocks Right Now
4 Stocks Traders Are Buying Hand Over Fist Today
BITF, NOK, PLUG, QBTS
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Read More
image for news 4 Stocks Traders Are Buying Hand Over Fist Today
Can Plug Power's Equipment Recovery be a Driver for Long-Term Growth?
PLUG
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's equipment sales rebound with a 29.2% sales surge, fueled by soaring electrolyzer demand and growing GenEco adoption.

Read More
image for news Can Plug Power's Equipment Recovery be a Driver for Long-Term Growth?
Plug Power vs. FuelCell Energy: Which Clean Energy Stock is a Stronger Pick?
FCEL, PLUG
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's electrolyzer boom and global projects give it a slight edge over FCEL in the clean energy race.

Read More
image for news Plug Power vs. FuelCell Energy: Which Clean Energy Stock is a Stronger Pick?
Plug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Know
PLUG
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Plug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Know
Can Plug Power's Cost Discipline Deliver Long-Term Margin Growth?
PLUG
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's Quantum Leap program and cost cuts drive major margin gains, with fresh savings set to boost cash flow and liquidity in the quarters ahead.

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image for news Can Plug Power's Cost Discipline Deliver Long-Term Margin Growth?
Plug Power appoints insider Jose Luis Crespo as next chief executive
PLUG
Published: October 07, 2025 by: Reuters
Sentiment: Neutral

Hydrogen fuel cell maker Plug Power on Tuesday named company insider Jose Luis Crespo as its next chief executive officer, succeeding longtime leader Andy Marsh, sending its shares down 3% in premarket trading.

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image for news Plug Power appoints insider Jose Luis Crespo as next chief executive
Plug Power's stock has been swept up in the AI mania. Can it continue?
PLUG
Published: October 06, 2025 by: Market Watch
Sentiment: Positive

Plug Power's stock is extending its recent surge as investors look to how a hydrogen producer can be an artificial-intelligence play.

Read More
image for news Plug Power's stock has been swept up in the AI mania. Can it continue?
Plug Power Surges 78.8% YTD: How Should You Play the Stock?
PLUG
Published: October 06, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's 78.8% YTD surge reflects strong hydrogen momentum and global projects, though weak margins and cash outflows cloud the near term.

Read More
image for news Plug Power Surges 78.8% YTD: How Should You Play the Stock?
Buy, Sell or Hold: 3 Stocks Under $10 Up Over 100%
BBAI, PLUG, PTON
Published: October 03, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Read More
image for news Buy, Sell or Hold: 3 Stocks Under $10 Up Over 100%
Plug Power Keeps Surging. What's Driving the Optimism.
PLUG
Published: October 03, 2025 by: Barrons
Sentiment: Positive

Plug Power stock has more than doubled in the past month.

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image for news Plug Power Keeps Surging. What's Driving the Optimism.
Can Rising Electrolyzer Demand be a Catalyst for PLUG's Long-Term Growth?
PLUG
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Plug Power's electrolyzer sales surge about 200% in Q2 2025, fueled by global demand, major projects and strong European policy support.

Read More
image for news Can Rising Electrolyzer Demand be a Catalyst for PLUG's Long-Term Growth?
Plug Power's stock is at the end of a streak. Where will it go from here?
PLUG
Published: September 23, 2025 by: Market Watch
Sentiment: Neutral

A good run might be coming to an end for the stock, but Plug Power is riding a wave of interest in energy alternatives.

Read More
image for news Plug Power's stock is at the end of a streak. Where will it go from here?
BE vs. PLUG: Which Fuel-Cell Stock Has More Growth Potential?
BE, PLUG
Published: September 23, 2025 by: Zacks Investment Research
Sentiment: Positive

BE and PLUG stock are utilizing fuel cell technology to provide reliable, clean energy to their customers.

Read More
image for news BE vs. PLUG: Which Fuel-Cell Stock Has More Growth Potential?
Plug Power's Dramatic 9-Day Rally Looks Like a Classic Short Squeeze
PLUG
Published: September 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

Read More
image for news Plug Power's Dramatic 9-Day Rally Looks Like a Classic Short Squeeze
Plug Power Stock Is On A Tear. What Gives?
PLUG
Published: September 19, 2025 by: Barrons
Sentiment: Positive

The stock was going for its eighth straight gain.

Read More
image for news Plug Power Stock Is On A Tear. What Gives?

About Plug Power Inc. (PLUG)

  • IPO Date 1999-10-29
  • Website https://www.plugpower.com
  • Industry Electrical Equipment & Parts
  • CEO Andrew J. Marsh
  • Employees 3224

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.