Plug Power Inc.

NasdaqCM:PLUG Stock Report

Market Cap: US$2.2b

Plug Power Future Growth

Future criteria checks 2/6

Plug Power is forecast to grow earnings and revenue by 50.2% and 24.8% per annum respectively. EPS is expected to grow by 60.6% per annum. Return on equity is forecast to be -5.5% in 3 years.

Key information

50.2%

Earnings growth rate

60.6%

EPS growth rate

Electrical earnings growth18.9%
Revenue growth rate24.8%
Future return on equity-5.5%
Analyst coverage

Good

Last updated11 Dec 2024

Recent future growth updates

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?

Earnings and Revenue Growth Forecasts

NasdaqCM:PLUG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,315-372-556-6522
12/31/2025969-545-514-16427
12/31/2024714-953-988-66525
9/30/2024660-1,412-1,321-840N/A
6/30/2024684-1,484-1,466-904N/A
3/31/2024801-1,458-1,612-997N/A
12/31/2023891-1,369-1,803-1,107N/A
9/30/2023890-950-1,804-1,170N/A
6/30/2023880-837-1,678-1,049N/A
3/31/2023771-774-1,454-896N/A
12/31/2022701-724-1,292-829N/A
9/30/2022643-693-956-532N/A
6/30/2022598-629-842-517N/A
3/31/2022571-556-716-451N/A
12/31/2021502-460-551-358N/A
9/30/202131-751-480-347N/A
6/30/2021-6-710-370-290N/A
3/31/2021-62-619-269-212N/A
12/31/2020-93-596-206-155N/A
9/30/2020307-130-190-158N/A
6/30/2020260-83-136-117N/A
3/31/2020249-92-96-77N/A
12/31/2019230-86-68-53N/A
9/30/2019198-84-79-68N/A
6/30/2019192-82-71-61N/A
3/31/2019170-89-87-70N/A
12/31/2018174-86-78-58N/A
9/30/2018146-81-54-21N/A
6/30/2018127-106N/A-47N/A
3/31/2018111-123N/A-60N/A
12/31/2017100-130N/A-60N/A
9/30/2017102-130N/A-81N/A
6/30/201785-102N/A-72N/A
3/31/201786-73N/A-47N/A
12/31/201683-58N/A-30N/A
9/30/201692-64N/A-40N/A
6/30/2016106-60N/A-39N/A
3/31/2016109-56N/A-41N/A
12/31/2015103-56N/A-47N/A
9/30/201586-38N/A-47N/A
6/30/201575-37N/A-45N/A
3/31/201568-24N/A-46N/A
12/31/201464-89N/A-41N/A
9/30/201451-110N/A-40N/A
6/30/201436-117N/A-36N/A
3/31/201426-130N/A-30N/A
12/31/201327-63N/A-27N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLUG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PLUG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PLUG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PLUG's revenue (24.8% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: PLUG's revenue (24.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PLUG is forecast to be unprofitable in 3 years.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:51
End of Day Share Price 2024/12/30 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

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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