Plug Power Inc.

NasdaqCM:PLUG Aktierapport

Börsvärde: US$4.6b

Plug Power Tidigare resultatutveckling

Tidigare kriterier kontrolleras 0/6

Plug Power s intäkter har minskat med en genomsnittlig årlig takt på -29.3%, medan Electrical -branschen såg intäkter på växande 17.7% årligen. Intäkterna har varit växande med en genomsnittlig takt på 24.2% per år.

Viktig information

-29.29%

Tillväxttakt i vinsten

-12.28%

Tillväxttakt för EPS

Electrical Tillväxt i branschen9.91%
Intäkternas tillväxttakt24.21%
Avkastning på eget kapital-168.81%
Nettomarginal-229.83%
Nästa resultatuppdatering11 May 2026

Senaste uppdateringar av tidigare prestationer

Recent updates

Analysuppdatering May 03

PLUG: Hydrogen Power Auction And 2026 EBITDA Goal Will Test Refocused Model

Analysts have nudged Plug Power's fair value estimate higher, with the implied price target rising by about $0.09 as updates to discount rate, revenue growth, profit margin assumptions and future P/E expectations reflect a mix of cautious optimism following recent target changes from firms that adjusted views after a mixed quarter, an evolving hydrogen focus and ongoing questions around the path to positive EBITDA in 2026. Analyst Commentary Recent price target changes around Plug Power highlight a split between analysts who see improving execution and those who remain cautious about profitability and capital needs.
Analysuppdatering Apr 19

PLUG: Hydrogen Power Auctions And 2026 EBITDA Goal Will Shape Upside

Narrative Update: Plug Power Analyst Price Target Shift The blended analyst price target for Plug Power edges higher, reflecting incremental upward revisions such as Susquehanna's $0.25 increase and Wells Fargo's move to $2, partially offset by reductions from Jefferies to $1.80 and BMO Capital to $1, as analysts weigh mixed quarterly results, a return to positive gross margin, 2026 guidance, and ongoing execution risks. Analyst Commentary Analysts are split on Plug Power, but the recent research shows a clear group of bullish analysts who view recent execution updates and the 2026 roadmap as reasons to rethink downside risk and potential upside.
Analysuppdatering Apr 05

PLUG: Hydrogen Power Auctions And EBITDA Goal Will Drive Future Rebound

Plug Power's updated analyst price target edges higher to $5.91 from $5.82 as analysts balance mixed recent calls, with some trimming targets toward $1 to $2 and flagging execution and demand risks, while others point to improving gross margins and the company reiterating its goal of positive EBITDA in 2026. This results in a slightly lower discount rate, modestly softer revenue growth and profit margin assumptions, and a higher implied future P/E multiple.
Seeking Alpha Mar 28

Plug Power: Some Progress But Major Headwinds Remain - Sell

Summary Plug Power reported better-than-expected fourth-quarter results. While the quarter benefited from a number of one-time gains, the company has made tangible progress on the margin front as of late. However, cash burn remains elevated, and management's stated growth expectations are not supported by current backlog levels. Absent major build-to-order business, 2026 revenues are not likely to be anywhere close to the $800 million number envisioned by management. With electrolyzer backlog at multi-year lows, management's stated expectation for the business to be a major growth driver this year makes little sense. With the company's guidance looking overly ambitious again, I am reiterating my "Sell" rating on Plug Power's shares. Read the full article on Seeking Alpha
Analysuppdatering Mar 22

PLUG: Hydrogen Power Auction And 2026 EBITDA Turnaround Aims To Rebuild Confidence

Plug Power's analyst fair value estimate edges from $2.75 to about $2.74, as analysts recalibrate price targets between $1 and $2 on mixed execution, slower anticipated revenue growth, and a "show me" stance on the path to positive EBITDA by 2026. Analyst Commentary Bullish Takeaways Bullish analysts highlight Plug Power's reiterated goal to reach positive EBITDA in 2026 as a key pillar supporting fair value, even if they view it as needing further proof.
Analysuppdatering Mar 08

PLUG: Future Returns Will Hinge On Hydrogen Pivot Execution Risks

Analysts have adjusted their views on Plug Power, with some lifting price targets to $2 and others trimming them to $1, largely citing mixed recent results, a shift toward more focused hydrogen applications, and execution questions around demand and electrolyzer ramp timing. Analyst Commentary Street research around Plug Power has turned more cautious, even as some targets have moved slightly higher.
Analysuppdatering Feb 21

PLUG: Execution Turnaround In Core Hydrogen Markets Will Rebuild Confidence

Analysts have modestly lowered their fair value estimate for Plug Power, with the price target moving from about $2.79 to $2.75. This change reflects a higher discount rate and caution around demand challenges that have also led to a Street target cut from $4 to $2.
Analysuppdatering Feb 07

PLUG: Future Returns Will Hinge On Slower Material Handling Demand

Narrative update Analysts have trimmed their price target on Plug Power to $2 from $4, reflecting a more cautious view on execution as they watch how the company manages demand challenges in material handling and a slower than previously expected electrolyzer ramp. Analyst Commentary Bearish analysts are stepping back and treating Plug Power more as a show-me story, cutting their price target to US$2 from US$4 and shifting to a Hold stance.
Analysuppdatering Jan 24

PLUG: Electrolyzer Execution Will Drive Future Rebound From Recent Downgrade

Analysts have reduced their price expectations for Plug Power to US$2 from US$4, citing demand challenges in material handling and electrolyzers, as well as a view that the electrolyzer ramp may take longer to materialize. This has contributed to a more cautious set of valuation inputs in recent models.
Analysuppdatering Jan 10

PLUG: Future Returns Will Depend On Slower Material Handling And Electrolyzer Demand

Analysts have lifted their Plug Power fair value estimate from US$0.55 to US$0.75 per share, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E following recent research that highlights execution risks in material handling and electrolyzer demand. Analyst Commentary Recent Street research reflects a more cautious tone around Plug Power, with bearish analysts stepping back to reassess the balance between growth ambitions and execution risks.
Analysuppdatering Dec 21

PLUG: Falling Rates Will Support A Healthier Clean Tech Cycle Ahead

Analysts have raised their price target on Plug Power from $2.50 to $4.40 per share. This reflects increased confidence that a new, healthier cycle for U.S. clean tech, driven by easing interest rates, more sustainable growth expectations, and stable policy support, can support modestly better long term growth, margins, and valuation multiples.
Analysuppdatering Dec 07

PLUG: Falling Rates Will Support A Healthier Clean Tech Upcycle

Analysts have raised their price target on Plug Power, roughly adding $1.90 per share. They cited expectations that a newly emerging, healthier cycle for U.S. clean tech, supported by falling interest rates and more realistic policy and growth assumptions, could improve the company’s long term prospects.
Analysuppdatering Nov 23

PLUG: Falling Interest Rates Will Spur A Healthier Clean Tech Upcycle

Narrative Update on Plug Power Analysts have raised their price target for Plug Power by nearly $2, citing optimism for a new cycle in the clean tech sector. This optimism is driven by improving market conditions and more sustainable growth assumptions.
Analysuppdatering Nov 05

PLUG: A Healthier Clean Tech Cycle Will Shape Sector Prospects Amid Policy Shifts

The analyst price target for Plug Power was recently raised from $2.50 to $4.40 per share. Analysts cite optimism for a new, healthier cycle in the U.S. clean tech sector, supported by favorable policy shifts and improved market conditions.
Analysartikel Nov 04

Plug Power Inc.'s (NASDAQ:PLUG) Share Price Is Still Matching Investor Opinion Despite 28% Slump

The Plug Power Inc. ( NASDAQ:PLUG ) share price has softened a substantial 28% over the previous 30 days, handing back...
Analysuppdatering Oct 22

Analyst Optimism Drives Higher Price Target and Valuation for Plug Power Amid Leadership Transition

Plug Power's analyst price target has increased significantly from $2.50 to $4.40 per share. This change reflects analysts' optimism about improved sector conditions and a more favorable investment climate.
Analysuppdatering Oct 08

Government Policies And Funding Will Spur Hydrogen Adoption

Plug Power's analyst price target has increased from $0.90 to $1.60, as analysts cite improved clarity following recent policy developments. There is also an expected uptick in management commentary regarding backlog and safe harboring for the clean energy group.
Analysuppdatering Sep 23

Government Policies And Funding Will Spur Hydrogen Adoption

Plug Power’s consensus price target has been revised upward to $2.08, as analysts cite reduced policy uncertainty from recent legislative clarity and favorable Section 48E tax credit details, outweighing ongoing sector caution. Analyst Commentary Resolution of the "One Big Beautiful Bill Act" and finality on the President's Executive Order seen as a near-term clearing event, reducing uncertainty for clean energy stocks.
Analysartikel Sep 18

Market Participants Recognise Plug Power Inc.'s (NASDAQ:PLUG) Revenues Pushing Shares 27% Higher

Despite an already strong run, Plug Power Inc. ( NASDAQ:PLUG ) shares have been powering on, with a gain of 27% in the...
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Ny analys Mar 22

Project Quantum Leap Will Streamline Costs And Improve Net Margins

Streamlining costs and refining product focus through Project Quantum Leap can enhance net margins and improve facility utilization.
Seeking Alpha Mar 14

Plug Power: Restructuring While Waiting For The DOE Funding

Summary Plug Power's business case was once full of promises but disappointed, inducing heavy losses for investors. Facing a liquidity crisis, the firm issued close to $900m equity last fiscal year, further diluting existing shareholders. Additional capital raise could come. The management has decided to implement a new round of restructuring, aiming to reduce COGS and OPEX by up to $200m. It has also decided to end some business lines. Financial risk remains elevated. The business case validation depends on obtaining liquidity from the DOE loan, which can still happen this fiscal year. While seeing some upside potential, I initiate PLUG stock with a Hold. Read the full article on Seeking Alpha
Analysartikel Feb 02

Plug Power Inc.'s (NASDAQ:PLUG) 29% Cheaper Price Remains In Tune With Revenues

The Plug Power Inc. ( NASDAQ:PLUG ) share price has fared very poorly over the last month, falling by a substantial...
Seeking Alpha Dec 15

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

Summary I am now neutral on Plug Power, upgrading it to Hold due to progressive electrolyzer agreements and potential future returns despite recent volatility. Key developments include strong electrolyzer installations, strategic investments, and partnerships aimed at boosting hydrogen production and reducing carbon emissions. Norges Bank's increased stake signals confidence, but financial strain and uncertainties around the Inflation Reduction Act pose significant risks. Q3’24 financials show slight improvements with reduced cash burn and increased revenues, but the company remains in a distress zone with a negative Altman Z-score. Read the full article on Seeking Alpha
Analysartikel Dec 06

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

Plug Power Inc.'s ( NASDAQ:PLUG ) price-to-sales (or "P/S") ratio of 3.4x may not look like an appealing investment...
Seeking Alpha Nov 05

Plug Power: Potential Asymmetric Upside

Summary Steep revenue drop in H1 2024 and high cash burn from operations fuel the current pessimism around this stock. The stock trades near historic lows with a high short interest of 27.8%. New partnerships and a shift to leasing could stabilize cash flow and improve revenue in the second half of 2024. However, I don't expect a major improvement in profitability. Institutional interest is rising, and new contracts and partnerships, particularly in green hydrogen, look quite promising. Despite dire Q1 and Q2 results, my strong buy rating revolves around a potential shift in investor sentiment. A catalyst could be the approval of the $1.66 billion DOE loan. Read the full article on Seeking Alpha
Seeking Alpha Aug 26

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

Summary Plug Power reported another set of disappointing quarterly results, with revenues missing consensus expectations by a mile again. Sales were down by 45% on a year-over-year basis, with the company's core fuel cell systems and hydrogen infrastructure business taking a particularly large hit. Plug Power used more than $400 million in cash for the quarter, thus resulting in the requirement to dilute common shareholders even further. That said, not everything was bad, as the company made progress on the margin front. Particularly, the substantial improvement in Plug Power's hydrogen fueling segment was encouraging. While I fully expect Plug Power to miss full-year projections by a mile again, I am upgrading the company's shares from "Sell" to "Hold" based on the quarter's improved margin trends. Read the full article on Seeking Alpha
Seeking Alpha Aug 15

Plug Power's Strategy Looks Poised To Bear Fruit

Summary Plug Power's strategy of profiting from the strong demand for green hydrogen is likely to succeed in the long term. The firm should eventually generate positive gross margins from its fuel sales while also benefiting from the rapidly rising sales of its electrolyzers which are used to manufacture green hydrogen. Plug is building new green hydrogen plants which will allow it to meet the rising demand for the fuel. Read the full article on Seeking Alpha
Seeking Alpha Jul 19

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

Summary Shares of struggling fuel cell systems, electrolyzer solutions, and green hydrogen provider Plug Power have shown signs of life in recent weeks. However, Thursday's proposed $200 million common stock offering right ahead of the company's Q2 report in early August is a major red flag. Based on numbers provided in the prospectus, even under a best-case scenario, the company's Q2 cash burn appears to have been close to $300 million, higher than in Q1. At the current rate of cash usage, Plug Power would be required to raise additional funds toward the end of the quarter at the latest point. Given the apparent lack of operational progress at the company, elevated cash burn, and the high likelihood of another abysmal quarterly report in early August, I am downgrading the company's shares from "Hold" to "Sell". Read the full article on Seeking Alpha
Seeking Alpha Jul 01

Plug Power: Broken Growth Story Needs More Than Just Hope

Summary Plug Power Inc. investors saw their substantial gains in May nearly dissipate fully in June. The optimism over the DOE's loan guarantee shouldn't be expected to mask Plug Power's fundamentally weak business. The threat of a potential return of the Trump Administration could intensify uncertainties over PLUG's long-term future. PLUG has consolidated above the $2.25 level since January 2024. Hence, short-covering might follow. I argue why investors shouldn't allow the allure of PLUG's green hydrogen story to distract them from its weak thesis. Read on. Read the full article on Seeking Alpha
Analysartikel Jun 29

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

The Plug Power Inc. ( NASDAQ:PLUG ) share price has fared very poorly over the last month, falling by a substantial...
Analysartikel Apr 23

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

Plug Power Inc. ( NASDAQ:PLUG ) shareholders that were waiting for something to happen have been dealt a blow with a...

Fördelning av intäkter och kostnader

Hur Plug Power tjänar och spenderar pengar. Baserat på senast rapporterade resultat, på rullande tolvmånadersbasis.


Resultat- och intäktshistorik

NasdaqCM:PLUG Intäkter, kostnader och resultat (USD Millions )
DatumIntäkterIntäkterG+A KostnaderFoU-kostnader
31 Dec 25710-1,63240858
30 Sep 25676-2,12143959
30 Jun 25673-1,97042063
31 Mar 25642-2,00641769
31 Dec 24629-2,10541177
30 Sep 24660-1,41236794
30 Jun 24684-1,484380102
31 Mar 24801-1,458396112
31 Dec 23891-1,369425114
30 Sep 23890-950412111
30 Jun 23880-837392111
31 Mar 23771-774387106
31 Dec 22701-724364100
30 Sep 22643-69333699
30 Jun 22598-62929288
31 Mar 22571-55623575
31 Dec 21502-46018065
30 Sep 2131-75113648
30 Jun 21-6-71011139
31 Mar 21-62-6199433
31 Dec 20-93-5967928
30 Sep 20307-130608
30 Jun 20260-83538
31 Mar 20249-924512
31 Dec 19230-864315
30 Sep 19198-844233
30 Jun 19192-824133
31 Mar 19170-893933
31 Dec 18174-863813
30 Sep 18146-813834
30 Jun 18127-1063933
31 Mar 18111-1234431
31 Dec 17100-1304529
30 Sep 17102-1304526
30 Jun 1785-1024424
31 Mar 1786-733522
31 Dec 1683-583421
30 Sep 1692-643420
30 Jun 16106-603419
31 Mar 16109-563417
31 Dec 15103-563415
30 Sep 1586-383413
30 Jun 1575-373110

Kvalitetsintäkter: PLUG är för närvarande olönsam.

Växande vinstmarginal: PLUG är för närvarande olönsam.


Fritt kassaflöde vs resultatanalys


Analys av tidigare vinsttillväxt

Resultatutveckling: PLUG är olönsam och förlusterna har ökat under de senaste 5 åren i en takt av 29.3% per år.

Accelererande tillväxt: Det går inte att jämföra PLUG s intäktstillväxt under det senaste året med dess 5-åriga genomsnitt eftersom det för närvarande är olönsamt

Resultat vs industri: PLUG är olönsam, vilket gör det svårt att jämföra det senaste årets vinsttillväxt med Electrical branschen ( 23.6% ).


Avkastning på eget kapital

Hög ROE: PLUG har en negativ avkastning på eget kapital ( -168.81% ), eftersom det för närvarande är olönsamt.


Avkastning på tillgångar


Avkastning på sysselsatt kapital


Upptäck starka bolag som tidigare presterat bra

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/07 20:44
Aktiekurs vid dagens slut2026/05/07 00:00
Intäkter2025/12/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Plug Power Inc. bevakas av 36 analytiker. 18 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Moses SuttonBarclays
Moses SuttonBarclays
NEIL BEVERIDGEBernstein