Plug Power Inc. (PLUG)

US — Industrials Sector
Peers: FCEL  BE  MVST  SLDP  ENVX  NIO  BLDP  BLNK  QS 

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Key Metrics & Ratings

  • symbol PLUG
  • Rev/Share 0.5972
  • Book/Share 1.5657
  • PB 2.5936
  • Debt/Equity 0.3252
  • CurrentRatio 1.5914
  • ROIC -0.6638

 

  • MktCap 4464330490.0
  • FreeCF/Share -0.6838
  • PFCF -5.7947
  • PE -2.2128
  • 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 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.

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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

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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.

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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.

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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.

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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

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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.

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image for news Plug Power Stock Is On A Tear. What Gives?
Investors Heavily Search Plug Power, Inc. (PLUG): Here is What You Need to Know
PLUG
Published: September 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Plug Power (PLUG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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image for news Investors Heavily Search Plug Power, Inc. (PLUG): Here is What You Need to Know
What's Happening With PLUG Stock?
PLUG
Published: September 18, 2025 by: Forbes
Sentiment: Positive

Plug Power (NASDAQ: PLUG), a company focused on hydrogen fuel cells, saw its stock rise 20% on September 17, 2025, and an impressive 40% rise in just one week. PLUG stock is surging after the company renewed its partnership with the logistics firm Uline, extending it to 2030.

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image for news What's Happening With PLUG Stock?
Plug Power vs. Flux Power: Which Clean Energy Stock Has Greater Upside?
FLUX, PLUG
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

Plug Power Inc. PLUG and Flux Power Holdings, Inc. FLUX are both familiar names operating in the clean energy market. As rivals, these companies are engaged in manufacturing advanced energy storage solutions for the electrification of commercial and industrial equipment in the United States and internationally.

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image for news Plug Power vs. Flux Power: Which Clean Energy Stock Has Greater Upside?
Plug Power's Equipment Sales Rebound in Q2: What's Behind It?
PLUG
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG posts 29% jump in equipment sales as soaring electrolyzer demand and fuel cell activity drive Q2 momentum.

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image for news Plug Power's Equipment Sales Rebound in Q2: What's Behind It?
Plug Power Cuts Costs to Lift Margins: Will the Results be Sustainable?
PLUG
Published: August 21, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG posts a revenue jump and narrower losses as cost cuts and efficiency gains fuel momentum in Q2 2025.

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image for news Plug Power Cuts Costs to Lift Margins: Will the Results be Sustainable?
Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
PLUG
Published: August 21, 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.

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image for news Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock
Plug Power Declines 22.1% YTD: Time to Hold the Stock or Exit?
PLUG
Published: August 19, 2025 by: Zacks Investment Research
Sentiment: Negative

PLUG stock is down 22.1% YTD as cash burn, weak margins and slow installations weigh against long-term hydrogen growth.

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image for news Plug Power Declines 22.1% YTD: Time to Hold the Stock or Exit?
Plug Power: Margin Progress Offset By Weak Order Intake And Persistent Cash Burn - Sell
PLUG
Published: August 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Plug Power reported mixed second quarter results with better-than-expected sales offset by weaker profitability. On the conference call, management guided full-year revenues below consensus expectations but reiterated expectations for gross margins to reach break-even levels in the fourth quarter. Rare insider purchases and the extension/reinstatement of tax credits have caused shares to rally in recent months.

Read More
image for news Plug Power: Margin Progress Offset By Weak Order Intake And Persistent Cash Burn - Sell
Plug Power Targets $700M in Revenues in 2025: Can It Achieve the Goal?
PLUG
Published: August 13, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG targets $700M in revenues in 2025, fueled by surging electrolyzer sales and expanding global hydrogen projects.

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image for news Plug Power Targets $700M in Revenues in 2025: Can It Achieve the Goal?
Plug Power Beats Revenue Estimates, But JPMorgan Flags Cash Burn, Margin Uncertainty
PLUG
Published: August 12, 2025 by: Benzinga
Sentiment: Neutral

JPMorgan analyst Bill Peterson maintained a Neutral rating on Plug Power PLUG on Monday.

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image for news Plug Power Beats Revenue Estimates, But JPMorgan Flags Cash Burn, Margin Uncertainty
Can Plug Power's Expansion Into the Green Energy Sector Fuel Growth?
PLUG
Published: August 08, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG ramps up green hydrogen projects with DOE backing and new JV, but high cash burn clouds near-term outlook.

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image for news Can Plug Power's Expansion Into the Green Energy Sector Fuel Growth?
Plug Power: Is Another Post-Earnings Drop For PLUG Stock Inbound?
PLUG
Published: August 07, 2025 by: Forbes
Sentiment: Negative

Plug Power (NASDAQ: PLUG), a company specializing in hydrogen fuel cells, is anticipated to announce its earnings on Monday, August 11, 2025. Historical trends suggest that the stock is more likely to experience a negative one-day reaction.

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image for news Plug Power: Is Another Post-Earnings Drop For PLUG Stock Inbound?
Stay Ahead of the Game With Plug Power (PLUG) Q2 Earnings: Wall Street's Insights on Key Metrics
PLUG
Published: August 06, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of Plug Power (PLUG) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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image for news Stay Ahead of the Game With Plug Power (PLUG) Q2 Earnings: Wall Street's Insights on Key Metrics
Plug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Know
PLUG
Published: July 31, 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
Why Plug Power (PLUG) Dipped More Than Broader Market Today
PLUG
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

The latest trading day saw Plug Power (PLUG) settling at $1.59, representing a -10.17% change from its previous close.

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image for news Why Plug Power (PLUG) Dipped More Than Broader Market Today
Plug Power vs. FuelCell Energy: Which Fuel Cell Stock has Greater Upside?
FCEL, PLUG
Published: July 28, 2025 by: Zacks Investment Research
Sentiment: Positive

PLUG's cost cuts, DOE loan boost and hydrogen expansion may give it the edge over FCEL's rising expenses and debt.

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image for news Plug Power vs. FuelCell Energy: Which Fuel Cell Stock has Greater Upside?
Plug Power's Equipment Weakness Grows: What's the Road Ahead?
PLUG
Published: July 25, 2025 by: Zacks Investment Research
Sentiment: Negative

PLUG battles weak demand in core products, but a 3GW deal signed in January could ignite long-term green hydrogen growth.

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image for news Plug Power's Equipment Weakness Grows: What's the Road Ahead?
Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up
DKNG, LCID, PLUG, RIVN
Published: July 16, 2025 by: Benzinga
Sentiment: Positive

Each year, FTSE Russell recalibrates its U.S. indexes to ensure they accurately represent the evolving market. The Russell 1000 Index, comprising the largest 1,000 U.S. companies by market cap, saw some notable additions and exclusions in 2025.

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image for news Rivian Unseats Lucid, DraftKings Ousts Plug Power In Russell 1000 Shake-Up
Plug Power Eyes Reducing Cash Burn Rate: Can It Be a Game Changer?
PLUG
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Negative

PLUG's Project Quantum Leap cuts cash burn rate nearly 50% in Q1 2025, aiming for $200M in annualized savings.

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image for news Plug Power Eyes Reducing Cash Burn Rate: Can It Be a Game Changer?
Plug Power Stock Down 38% in Past Six Months: What Should Investors Do?
PLUG
Published: July 11, 2025 by: Zacks Investment Research
Sentiment: Negative

PLUG stock plunges 38% in six months amid falling hydrogen equipment sales and cash burn, despite long-term growth hopes.

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image for news Plug Power Stock Down 38% in Past Six Months: What Should Investors Do?

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.