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Plug Power Inc. (PLUG)

1.4400 +0.0200 (+1.40%)
As of 12:25:23 PM EDT. Market Open.
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10m ago
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Plug Power remains a high-risk hydrogen company with improving revenue expectations but persistent losses, cash-burn concerns, and potential dilution. Recent coverage points to operational improvements and a favorable Zacks ranking, while balance-sheet analysis remains cautious ahead of the November 9, 2026 earnings report.

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  • Previous Close 1.4200
  • Open 1.4087
  • Bid 1.3500 x 1300
  • Ask 1.4700 x 1200
  • Day's Range 1.4000 - 1.5150
  • 52 Week Range 1.3400 - 4.3300
  • Volume 28,390,365
  • Avg. Volume 53,511,409
  • Market Cap (intraday) 2.012B
  • Beta (5Y Monthly) 2.29
  • PE Ratio (TTM) --
  • EPS (TTM) -1.3100
  • Earnings Date Nov 9, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 3.39
  • Motley Fool Rating Bearish

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.

www.plugpower.com

2,344

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PLUG
26.90%
S&P 500 (^GSPC)
12.71%

1-Year Return

PLUG
47.83%
S&P 500 (^GSPC)
11.97%

3-Year Return

PLUG
75.59%
S&P 500 (^GSPC)
87.39%

5-Year Return

PLUG
96.24%
S&P 500 (^GSPC)
67.53%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 178.3M
Earnings -188.21M
Profit Margin -105.56%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-800M
-600M
-400M
-200M
0
200M
-350.0%
-300.0%
-250.0%
-200.0%
-150.0%

Analyst Insights

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Analyst Price Targets

0.75
3.39 Average
1.4400 Current
7.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/14/2026
Analyst Susquehanna
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 2.5 -> 1.75

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -220.59%

  • Return on Assets (ttm)

    -12.23%

  • Return on Equity (ttm)

    -144.96%

  • Revenue (ttm)

    744.09M

  • Net Income Avi to Common (ttm)

    -1.64B

  • Diluted EPS (ttm)

    -1.3100

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    172.09M

  • Total Debt/Equity (mrq)

    176.57%

  • Levered Free Cash Flow (ttm)

    -247.1M

Company Insights

Research Reports

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