Plug Power (PLUG) Stock Price, News & Analysis

Company Overview

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; 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; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; 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 GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.

Key Stats

• Today's Range: $1.39 to $1.48
• 50-Day Range: $0.78 to $1.84
• 52-Week Range: $0.69 to $3.32
• Volume: 55.59 million shs
• Average Volume: 75.41 million shs
• Market Capitalization: $1.61 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.92
• Consensus Rating: Reduce

Plug Power Stock Analysis - MarketRank™

Plug Power scored higher than 87% of companies evaluated by MarketBeat, and ranked 38th out of 180 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Plug Power has received a consensus rating of Reduce. The company's average rating score is 1.94, and is based on 4 buy ratings, 8 hold ratings, and 5 sell ratings.

Amount of Analyst Coverage

Plug Power has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Plug Power are expected to grow in the coming year, from ($1.21) to ($0.59) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plug Power is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plug Power is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Plug Power has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

25.90% of the outstanding shares of Plug Power have been sold short.

Short Interest Ratio / Days to Cover

Plug Power has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plug Power has recently increased by 1.40%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Plug Power does not currently pay a dividend.

Dividend Growth

Plug Power does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.13

Percentage of Shares Shorted

25.90% of the outstanding shares of Plug Power have been sold short.

Short Interest Ratio / Days to Cover

Plug Power has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Plug Power has recently increased by 1.40%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.20

News Sentiment

Plug Power has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Plug Power this week, compared to 16 articles on an average week.

Search Interest

492 people have searched for PLUG on MarketBeat in the last 30 days. This is an increase of 459% compared to the previous 30 days.

MarketBeat Follows

92 people have added Plug Power to their MarketBeat watchlist in the last 30 days. This is an increase of 92% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Plug Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought $921,500.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.41% of the stock of Plug Power is held by insiders.

Percentage Held by Institutions

43.48% of the stock of Plug Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PLUG Stock Analysis - Frequently Asked Questions

How have PLUG shares performed this year?

Plug Power's stock was trading at $2.13 at the start of the year. Since then, PLUG stock has decreased by 34.3% and is now trading at $1.40.

How were Plug Power's earnings last quarter?

Plug Power, Inc. (NASDAQ:PLUG) released its quarterly earnings results on Monday, May, 12th. The electronics maker reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.01. The electronics maker had revenue of $133.67 million for the quarter, compared to analysts' expectations of $130.92 million. Plug Power had a negative trailing twelve-month return on equity of 82.21% and a negative net margin of 312.29%.
Read the conference call transcript.

Who are Plug Power's major shareholders?

Top institutional shareholders of Plug Power include Vontobel Holding Ltd. (0.34%), Caitong International Asset Management Co. Ltd (0.33%), Baader Bank Aktiengesellschaft (0.06%) and PFG Investments LLC (0.02%). Insiders that own company stock include Paul B Middleton, George C Mcnamee and Jose Luis Crespo.
View institutional ownership trends.

How do I buy shares of Plug Power?

Shares of PLUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Plug Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Plug Power investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), FuelCell Energy (FCEL), Marinus Pharmaceuticals (MRNS) and NIO (NIO).

Company Calendar

• Last Earnings: 5/12/2025
• Today: 8/02/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: MACH - ELECTRICAL
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:PLUG
• CIK: 1093691
• Web: www.plugpower.com
• Phone: (518) 782-7700
• Fax: 518-782-9060
• Employees: 3,224
• Year Founded: 1997

Price Target and Rating

• Average Price Target for Plug Power: $1.92
• High Price Target: $4.00
• Low Price Target: $0.50
• Potential Upside/Downside: +37.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.94
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.47)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$2.10 billion
• Net Margins: -312.29%
• Pretax Margin: -312.79%
• Return on Equity: -82.21%
• Return on Assets: -47.92%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 1.95
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $628.81 million
• Price / Sales: 2.55
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.98 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 1,146,560,000
• Free Float: 1,130,393,000
• Market Cap: $1.61 billion
• Optionable: Optionable
• Beta: 2.35