Plug Power Inc. (PLUG)

NASDAQ: PLUG · Real-Time Price · USD
1.540
0.00 (0.00%)
At close: Mar 25, 2025, 4:00 PM
1.550
+0.010 (0.65%)
After-hours: Mar 25, 2025, 5:47 PM EST
0.00%
Market Cap 1.50B
Revenue (ttm) 628.81M
Net Income (ttm) -2.10B
Shares Out 971.68M
EPS (ttm) -2.68
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 44,043,102
Open 1.560
Previous Close 1.540
Day's Range 1.530 - 1.630
52-Week Range 1.370 - 4.900
Beta 1.98
Analysts Hold
Price Target 2.23 (+44.81%)
Earnings Date Mar 4, 2025

About PLUG

Plug Power Inc. develops hydrogen fuel cells 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 station... [Read more]

Sector Industrials
IPO Date Oct 29, 1999
Employees 3,224
Stock Exchange NASDAQ
Ticker Symbol PLUG
Full Company Profile

Financial Performance

In 2024, Plug Power's revenue was $628.81 million, a decrease of -29.45% compared to the previous year's $891.34 million. Losses were -$2.10 billion, 53.8% more than in 2023.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for PLUG stock is "Hold." The 12-month stock price forecast is $2.23, which is an increase of 44.81% from the latest price.

Price Target
$2.23
(44.81% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Plug CEO, Andy Marsh, Reinforces Commitment to Company Mission by Taking 50% of Compensation in PLUG Stock for 2025

SLINGERLANDS, N.Y., March 20, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive solutions for the hydrogen economy, today announced that its CEO, Andy Marsh, ha...

5 days ago - GlobeNewsWire

Plug Power Inc. Announces Pricing of Upsized $280 Million Underwritten Offering

Upsized Offering Sold to Single Institutional Investor to Strengthen Financial Position and Drive Towards Profitability in 2025 Upsized Offering Sold to Single Institutional Investor to Strengthen Fin...

6 days ago - GlobeNewsWire

Plug Power Inc. (PLUG) ROTH Annual Conference (Transcript)

Plug Power Inc. (NASDAQ:PLUG) ROTH Annual Conference March 17, 2025 11:30 AM ET Company Participants Andy Marsh - CEO Conference Call Participants Craig Irwin - ROTH Capital Partners Craig Irwin We'r...

8 days ago - Seeking Alpha

Plug Power's 2025 Bet On Electrolyzers—J.P. Morgan Sees Growth But Stays Conservative

J.P. Morgan analyst Bill Peterson shared key takeaways from the conference hosted for Plug Power, Inc. PLUG, with a Neutral rating.

11 days ago - Benzinga

J.P. Morgan Remains On The Sidelines For Plug Power - Here's Why

J.P. Morgan analyst Bill Peterson reiterated a Neutral rating on Plug Power, Inc. PLUG.

20 days ago - Benzinga

Plug Power Inc. (PLUG) Q4 2024 Earnings Call Transcript

Plug Power Inc. (NASDAQ:PLUG) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Sanjay Shrestha - GM, ...

21 days ago - Seeking Alpha

Plug Power Announces New Restructuring Plan That Includes Job Cuts

Plug Power (PLUG) shares pulled back from six-year lows Tuesday but said it needs to take further restructuring steps to boost its financial condition, including more layoffs.

21 days ago - Investopedia

Plug Power Stock Nears Oversold Territory: Will Q4 Earnings Be The Turning Point?

Plug Power Inc PLUG will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects a loss of 23 cents a share and $263.17 million in revenues as the company reports before market hours.

22 days ago - Benzinga

Plug Power Adopts Executive Compensation Program to Strengthen Leadership Alignment with Shareholders

LATHAM, N.Y., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen solutions, today announced the adoption of an executive compensation program that enables...

25 days ago - GlobeNewsWire

Plug Power Corrects Date for Fourth Quarter-Year End 2024 Earnings Call to March 4, 2025

SLINGERLANDS N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has corrected its upcoming Q4-Y...

27 days ago - GlobeNewsWire

Plug Power's Louisiana Hydrogen Plant Set for First Quarter Operations with Robust Safety Standards

SLINGERLANDS, N.Y., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) has confirmed that its new 15-ton-per-day (TPD) hydrogen plant in St. Gabriel, Louisiana is on schedule as previous...

4 weeks ago - GlobeNewsWire

Plug To Announce 2024 Fourth Quarter and Year-End Results

SLINGERLANDS, N.Y., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2024 fourth ...

4 weeks ago - GlobeNewsWire

Plug Power: Look On The Green Side

Plug Power has scaled revenues by 300% since 2019 and is poised to deliver its first positive net earnings, making it a strong buy. As a leader in PEM electrolyzers, PLUG is set to benefit from a rapi...

6 weeks ago - Seeking Alpha

Plug Power stock price has crashed: short squeeze may be epic

Plug Power stock price has crashed and is hovering near its all-time low as most new energy companies came under intense pressure. PLUG has dropped by over 8% this year and 58% in the last 12 months, ...

6 weeks ago - Invezz

Plug Power's Outlook Dims, Analyst Downgrades Stock On Hydrogen Policy Risks And Limited Capacity Growth

Plug Power Inc. PLUG shares are trading lower on Monday. Seaport Global analyst Tom Curran downgraded the rating from Neutral to Sell and announced a price forecast of $1.

2 months ago - Benzinga

Plug Power's stock slides after analyst downgrade amid ‘escalating headwinds'

Plug Power Inc. shares have been downgraded to sell from neutral by Seaport Research Partners, which also set its price target for the hydrogen-fuel-cell company at $1.

2 months ago - Market Watch

EVgo, Enovix Shine, But What About ChargePoint, Plug Power? Clean Energy Analyst's Stock Picks For 2025

When JPMorgan analyst Bill Peterson spoke about the clean energy space for 2025, his focus was on EVgo Inc EVGO and Enovix Corp ENVX as top picks, citing their better positioning for growth and profit...

Other symbols: CHPTEVGO
2 months ago - Benzinga

Plug Power's 'Longer-Term Backstop' Is Here, But Execution Is Key: Analyst

Plug Power Inc PLUG has locked in its much-anticipated $1.66 billion Department of Energy loan. JPMorgan analyst Bill Peterson believes that the move “likely eases investor concerns” about a potential...

2 months ago - Benzinga

Rivian and Plug Power close government loan deals just before Trump takes office

Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the...

Other symbols: RIVN
2 months ago - Market Watch

Plug Power Snags $1.7 Billion DOE Loan Guarantee For Hydrogen Plants

Plug Power, which makes fuel cells and electrolyzers that generate carbon-free hydrogen from water and electricity, got a $1.66 billion loan guarantee from the Energy Department to construct large-sca...

2 months ago - Forbes

Plug Closes Loan Guarantee from the U.S. Department of Energy

Loan guarantee supports Plug's domestic hydrogen production plant buildout Plug's Graham, Texas, plant first beneficiary of loan guarantee SLINGERLANDS, N.Y., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Plug Po...

2 months ago - GlobeNewsWire

Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System

SLINGERLANDS, N.Y., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced a landmark pur...

2 months ago - GlobeNewsWire

Plug Power stock: bad news from Toyota, but a 650% surge is likely

The Plug Power stock price has crawled back after plunging to a low of $1.61 in September last year. It bounced back to a high of $3.30 this week, its highest level since July 26 of last year.

2 months ago - Invezz

Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?

Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?

2 months ago - Seeking Alpha

Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits

Plug Power (PLUG) shares surged for a second straight session after the Treasury Department announced final rules on tax credits for producing clean hydrogen.

2 months ago - Investopedia