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Plug Power NasdaqCM:PLUG Stock Report

Last Price

US$2.87

Market Cap

US$2.4b

7D

9.1%

1Y

-16.6%

Updated

10 Jan, 2025

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Plug Power Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Plug Power
Historical stock prices
Current Share PriceUS$2.87
52 Week HighUS$5.14
52 Week LowUS$1.60
Beta1.79
1 Month Change14.80%
3 Month Change35.38%
1 Year Change-16.57%
3 Year Change-87.76%
5 Year Change-31.18%
Change since IPO-98.21%

Recent News & Updates

Plug Power: Electrolyzer Deployments And Increased Institutional Confidence, Amid Financial Challenges Loom

Dec 15

With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Dec 06
With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Plug Power: Potential Asymmetric Upside

Nov 05

Recent updates

Plug Power: Electrolyzer Deployments And Increased Institutional Confidence, Amid Financial Challenges Loom

Dec 15

With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Dec 06
With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Plug Power: Potential Asymmetric Upside

Nov 05

Plug Power: Poor Results But Upgrading On Margin Progress - Hold

Aug 26

Plug Power's Strategy Looks Poised To Bear Fruit

Aug 15

Plug Power: Stock Offering Ahead Of Q2 Results Is A Huge Red Flag - Sell

Jul 19

Plug Power: Broken Growth Story Needs More Than Just Hope

Jul 01

Plug Power Inc.'s (NASDAQ:PLUG) Popularity With Investors Under Threat As Stock Sinks 27%

Jun 29
Plug Power Inc.'s (NASDAQ:PLUG) Popularity With Investors Under Threat As Stock Sinks 27%

Plug Power Inc.'s (NASDAQ:PLUG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Apr 23
Plug Power Inc.'s (NASDAQ:PLUG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Plug Power: Don't Be Early On A Longshot

Apr 04

Revenues Not Telling The Story For Plug Power Inc. (NASDAQ:PLUG) After Shares Rise 32%

Feb 16
Revenues Not Telling The Story For Plug Power Inc. (NASDAQ:PLUG) After Shares Rise 32%

Plug Power: $1 Billion ATM Facility Likely To Result In Major Dilution - Sell

Jan 18

There's Reason For Concern Over Plug Power Inc.'s (NASDAQ:PLUG) Massive 30% Price Jump

Dec 26
There's Reason For Concern Over Plug Power Inc.'s (NASDAQ:PLUG) Massive 30% Price Jump

Is It Time To Consider Buying Plug Power Inc. (NASDAQ:PLUG)?

Aug 19
Is It Time To Consider Buying Plug Power Inc. (NASDAQ:PLUG)?

Plug Power Inc.'s (NASDAQ:PLUG) Earnings Haven't Escaped The Attention Of Investors

Jul 06
Plug Power Inc.'s (NASDAQ:PLUG) Earnings Haven't Escaped The Attention Of Investors

Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?

Jun 18
Is Plug Power (NASDAQ:PLUG) Using Debt In A Risky Way?

Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 78% Above Its Share Price

Apr 17
Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 78% Above Its Share Price

Rock star Growth Puts Plug Power (NASDAQ:PLUG) In A Position To Use Debt

Feb 26
Rock star Growth Puts Plug Power (NASDAQ:PLUG) In A Position To Use Debt

A Look At The Intrinsic Value Of Plug Power Inc. (NASDAQ:PLUG)

Jan 03
A Look At The Intrinsic Value Of Plug Power Inc. (NASDAQ:PLUG)

What Is Plug Power Inc.'s (NASDAQ:PLUG) Share Price Doing?

Dec 16
What Is Plug Power Inc.'s (NASDAQ:PLUG) Share Price Doing?

Shareholder Returns

PLUGUS ElectricalUS Market
7D9.1%-0.9%-2.1%
1Y-16.6%26.8%21.3%

Return vs Industry: PLUG underperformed the US Electrical industry which returned 26.8% over the past year.

Return vs Market: PLUG underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is PLUG's price volatile compared to industry and market?
PLUG volatility
PLUG Average Weekly Movement16.8%
Electrical Industry Average Movement12.1%
Market Average Movement6.4%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: PLUG's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: PLUG's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19973,868Andy Marshwww.plugpower.com

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.

Plug Power Inc. Fundamentals Summary

How do Plug Power's earnings and revenue compare to its market cap?
PLUG fundamental statistics
Market capUS$2.43b
Earnings (TTM)-US$1.41b
Revenue (TTM)US$659.51m

4.0x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLUG income statement (TTM)
RevenueUS$659.51m
Cost of RevenueUS$1.20b
Gross Profit-US$543.83m
Other ExpensesUS$867.84m
Earnings-US$1.41b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.55
Gross Margin-82.46%
Net Profit Margin-214.05%
Debt/Equity Ratio19.0%

How did PLUG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 23:02
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Plug Power Inc. is covered by 50 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Moses SuttonBarclays
Moses SuttonBarclays