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Plug Power NasdaqCM:PLUG Stock Report

Last Price

US$2.13

Market Cap

US$2.0b

7D

-4.1%

1Y

-63.8%

Updated

29 Oct, 2024

Data

Company Financials +

PLUG Stock Overview

Develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally.

PLUG fundamental analysis
Snowflake Score
Valuation1/6
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$2.13
52 Week HighUS$6.96
52 Week LowUS$1.60
Beta1.79
11 Month Change-6.58%
3 Month Change-13.77%
1 Year Change-63.84%
33 Year Change-94.83%
5 Year Change-23.10%
Change since IPO-98.67%

Recent News & Updates

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

Aug 26

Plug Power's Strategy Looks Poised To Bear Fruit

Aug 15

Recent updates

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?

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

Shareholder Returns

PLUGUS ElectricalUS Market
7D-4.1%1.6%-0.09%
1Y-63.8%41.3%38.6%

Return vs Industry: PLUG underperformed the US Electrical industry which returned 41.3% over the past year.

Return vs Market: PLUG underperformed the US Market which returned 38.6% over the past year.

Price Volatility

Is PLUG's price volatile compared to industry and market?
PLUG volatility
PLUG Average Weekly Movement11.1%
Electrical Industry Average Movement9.9%
Market Average Movement6.1%
10% most volatile stocks in US Market15.2%
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 (11%) 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$1.97b
Earnings (TTM)-US$1.48b
Revenue (TTM)US$684.49m

2.7x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLUG income statement (TTM)
RevenueUS$684.49m
Cost of RevenueUS$1.23b
Gross Profit-US$546.23m
Other ExpensesUS$937.76m
Earnings-US$1.48b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.69
Gross Margin-79.80%
Net Profit Margin-216.80%
Debt/Equity Ratio17.7%

How did PLUG perform over the long term?

See historical performance and comparison