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Plug Power NasdaqCM:PLUG Stock Report

Last Price

US$3.43

Market Cap

US$2.3b

7D

-2.6%

1Y

-68.9%

Updated

27 Mar, 2024

Data

Company Financials +

PLUG Stock Overview

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally.

PLUG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Plug Power Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Plug Power
Historical stock prices
Current Share PriceUS$3.43
52 Week HighUS$13.44
52 Week LowUS$2.26
Beta1.56
1 Month Change12.83%
3 Month Change-27.18%
1 Year Change-68.90%
3 Year Change-90.43%
5 Year Change40.00%
Change since IPO-97.86%

Recent News & Updates

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%

Recent updates

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?

Plug Power: Revised Projections Might Still Prove Aggressive

Oct 17

Plug Power: Investors Who Didn't Chase In August Avoided The Selloff - Be Patient

Oct 02

Best Performing Stocks

Sep 23
Best Performing Stocks

Plug Power: Green Hydrogen Produces A Lot Of Red

Sep 16

Plug Power secures largest multi-site electrolyzer order in Europe

Sep 08

Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 97% Above Its Share Price

Sep 06
Plug Power Inc.'s (NASDAQ:PLUG) Intrinsic Value Is Potentially 97% Above Its Share Price

Plug Power: New Tax Credits Trump Abysmal Second Quarter Results

Aug 30

Plug Power Stock: Changing My Stance

Aug 17

Is Plug Power (NASDAQ:PLUG) Using Too Much Debt?

Aug 10
Is Plug Power (NASDAQ:PLUG) Using Too Much Debt?

Plug Power: Don't Chase This Rally Now

Aug 08

Plug Power: Destroyed The Sellers In June (Technical Analysis)

Jul 09

Plug Power target lowered to $28 by JP Morgan

Jun 29

Plug Power: Time For Patient Investors To Buy The Green Hydrogen Leader

Jun 08

Plug Power: There's No Bottom In Sight - Sell And Move On

May 10

Where Will Plug Power Stock Be In 5 Years?

Apr 26

Walmart is Testing, Europe Might be Next - the Growth Potential for Plug Power Inc. (NASDAQ:PLUG)

Apr 20
Walmart is Testing, Europe Might be Next - the Growth Potential for Plug Power Inc. (NASDAQ:PLUG)

Plug Power: Positioned For The Exponential Growth In Green Hydrogen

Apr 02

Plug Power Inc. (NASDAQ:PLUG) Can Benefit From the Geopolitical Tailwinds

Mar 09
Plug Power Inc. (NASDAQ:PLUG) Can Benefit From the Geopolitical Tailwinds

Plug Power: Increasing Conviction For The Green Hydrogen Leader

Feb 25

Plug And 49 Other Shorts

Jan 24

Plug Power Stock Forecast: What To Watch For In 2022

Jan 14

A Top-Down View Of Plug Power's Opportunity

Jan 04

Plug Power: A Strong Buy In Green Hydrogen Space

Dec 25

Plug Power: Shaky Business Model, First-Mover Advantage Is A Myth

Dec 16

Plug Power (NASDAQ:PLUG) Has Enough Time to Deliver on Growth Plan

Nov 12
Plug Power (NASDAQ:PLUG) Has Enough Time to Deliver on Growth Plan

Shareholder Returns

PLUGUS ElectricalUS Market
7D-2.6%1.7%0.4%
1Y-68.9%30.4%28.8%

Return vs Industry: PLUG underperformed the US Electrical industry which returned 30.4% over the past year.

Return vs Market: PLUG underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is PLUG's price volatile compared to industry and market?
PLUG volatility
PLUG Average Weekly Movement17.1%
Electrical Industry Average Movement9.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

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 Marshhttps://www.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$2.35b
Earnings (TTM)-US$1.37b
Revenue (TTM)US$891.34m

2.6x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLUG income statement (TTM)
RevenueUS$891.34m
Cost of RevenueUS$1.31b
Gross Profit-US$421.44m
Other ExpensesUS$947.39m
Earnings-US$1.37b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.00
Gross Margin-47.28%
Net Profit Margin-153.57%
Debt/Equity Ratio19.0%

How did PLUG perform over the long term?

See historical performance and comparison
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