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Plug Power (PLUG) Competitors

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$1.21 -0.11 (-8.33%)
Closing price 04:00 PM Eastern
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$1.20 0.00 (-0.41%)
As of 07:59 PM Eastern
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PLUG vs. NOVT, BE, XCH, QS, ENR, ATKR, ENVX, RUN, FLNC, and EOSE

Should you be buying Plug Power stock or one of its competitors? The main competitors of Plug Power include Novanta (NOVT), Bloom Energy (BE), XCHG (XCH), QuantumScape (QS), Energizer (ENR), Atkore (ATKR), Enovix (ENVX), Sunrun (RUN), Fluence Energy (FLNC), and Eos Energy Enterprises (EOSE). These companies are all part of the "electrical equipment" industry.

Plug Power vs.

Novanta (NASDAQ:NOVT) and Plug Power (NASDAQ:PLUG) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, risk, profitability, analyst recommendations, community ranking, earnings and institutional ownership.

Novanta has a net margin of 6.52% compared to Plug Power's net margin of -214.05%. Novanta's return on equity of 15.20% beat Plug Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Novanta6.52% 15.20% 7.80%
Plug Power -214.05%-46.99%-28.91%

In the previous week, Novanta had 3 more articles in the media than Plug Power. MarketBeat recorded 13 mentions for Novanta and 10 mentions for Plug Power. Novanta's average media sentiment score of 1.49 beat Plug Power's score of 0.27 indicating that Novanta is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Novanta
12 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Plug Power
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Novanta has higher revenue and earnings than Plug Power. Plug Power is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Novanta$949.25M4.48$72.88M$1.7866.48
Plug Power$628.81M1.80-$1.37B-$2.72-0.45

Novanta has a beta of 1.42, indicating that its share price is 42% more volatile than the S&P 500. Comparatively, Plug Power has a beta of 1.98, indicating that its share price is 98% more volatile than the S&P 500.

98.3% of Novanta shares are owned by institutional investors. Comparatively, 43.5% of Plug Power shares are owned by institutional investors. 1.2% of Novanta shares are owned by insiders. Comparatively, 1.7% of Plug Power shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Novanta currently has a consensus price target of $160.00, suggesting a potential upside of 35.22%. Plug Power has a consensus price target of $2.31, suggesting a potential upside of 88.27%. Given Plug Power's higher probable upside, analysts plainly believe Plug Power is more favorable than Novanta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Novanta
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Plug Power
5 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.00

Plug Power received 453 more outperform votes than Novanta when rated by MarketBeat users. However, 71.63% of users gave Novanta an outperform vote while only 65.17% of users gave Plug Power an outperform vote.

CompanyUnderperformOutperform
NovantaOutperform Votes
303
71.63%
Underperform Votes
120
28.37%
Plug PowerOutperform Votes
756
65.17%
Underperform Votes
404
34.83%

Summary

Novanta beats Plug Power on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PLUG vs. The Competition

MetricPlug PowerElectrical industrial apparatus IndustryIndustrials SectorNASDAQ Exchange
Market Cap$1.13B$1.42B$6.73B$7.58B
Dividend YieldN/A0.61%3.56%4.04%
P/E Ratio-0.5710.0120.3718.20
Price / Sales1.80170.0174.9386.45
Price / CashN/A14.8326.8334.64
Price / Book0.261.763.604.03
Net Income-$1.37B-$167.38M$794.82M$247.18M
7 Day Performance-14.93%-7.38%-2.42%-5.56%
1 Month Performance-18.33%-15.45%-2.13%-6.69%
1 Year Performance-62.07%-43.49%10.92%-3.47%

Plug Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PLUG
Plug Power
3.8994 of 5 stars
$1.21
-8.3%
$2.31
+90.6%
-58.0%$1.12B$628.81M-0.572,450Gap Down
NOVT
Novanta
2.6796 of 5 stars
$127.23
-1.4%
$160.00
+25.8%
-23.4%$4.58B$949.25M76.182,900News Coverage
Positive News
Gap Down
BE
Bloom Energy
4.133 of 5 stars
$19.69
-3.1%
$25.06
+27.3%
+80.2%$4.54B$1.47B-35.162,530News Coverage
Positive News
Gap Down
XCH
XCHG
N/A$1.25
-1.2%
N/AN/A$2.95B$39.07M0.00165News Coverage
Positive News
QS
QuantumScape
1.474 of 5 stars
$4.13
-4.7%
$6.06
+46.9%
-30.7%$2.27BN/A-4.41850News Coverage
Gap Down
ENR
Energizer
4.0849 of 5 stars
$29.77
+0.3%
$37.88
+27.2%
+4.6%$2.15B$2.90B37.705,600Positive News
ATKR
Atkore
2.8044 of 5 stars
$59.67
-1.5%
$103.17
+72.9%
-66.7%$2.07B$3.07B5.785,000Gap Down
ENVX
Enovix
2.105 of 5 stars
$7.26
-3.0%
$20.30
+179.8%
+0.4%$1.39B$23.07M-5.00340Analyst Revision
News Coverage
Gap Down
RUN
Sunrun
4.217 of 5 stars
$5.82
-2.1%
$17.20
+195.9%
-42.2%$1.32B$2.04B-3.2112,400Options Volume
Gap Down
FLNC
Fluence Energy
3.4154 of 5 stars
$4.74
-4.9%
$14.34
+202.9%
-69.0%$865.08M$2.52B-95.30970Gap Down
EOSE
Eos Energy Enterprises
1.007 of 5 stars
$3.77
-4.4%
$4.70
+24.8%
+304.9%$853.60M$15.61M-1.56250Analyst Revision
Positive News
Gap Down
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This page (NASDAQ:PLUG) was last updated on 4/3/2025 by MarketBeat.com Staff
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