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Plug Power NasdaqCM:PLUG Stock Report

Last Price

US$2.43

Market Cap

US$2.2b

7D

2.1%

1Y

-48.4%

Updated

13 Dec, 2024

Data

Company Financials +

Plug Power Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Plug Power
Historical stock prices
Current Share PriceUS$2.43
52 Week HighUS$5.14
52 Week LowUS$1.60
Beta1.79
1 Month Change23.35%
3 Month Change23.98%
1 Year Change-48.41%
3 Year Change-91.83%
5 Year Change-17.35%
Change since IPO-98.48%

Recent News & Updates

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

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
7D2.1%-3.4%-1.0%
1Y-48.4%28.8%27.4%

Return vs Industry: PLUG underperformed the US Electrical industry which returned 28.8% over the past year.

Return vs Market: PLUG underperformed the US Market which returned 27.4% over the past year.

Price Volatility

Is PLUG's price volatile compared to industry and market?
PLUG volatility
PLUG Average Weekly Movement15.0%
Electrical Industry Average Movement10.8%
Market Average Movement6.2%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

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 (15%) 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$2.19b
Earnings (TTM)-US$1.41b
Revenue (TTM)US$659.51m

3.4x

P/S Ratio

-1.6x

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