Plug Power Inc. (PLUG)

NASDAQ: PLUG · Real-Time Price · USD
0.7936
+0.0136 (1.74%)
May 27, 2025, 3:43 PM - Market open
1.74%
Market Cap 855.77M
Revenue (ttm) 642.22M
Net Income (ttm) -2.01B
Shares Out 1.08B
EPS (ttm) -2.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 108,576,146
Open 0.7909
Previous Close 0.7800
Day's Range 0.7700 - 0.8198
52-Week Range 0.6900 - 3.5500
Beta 2.19
Analysts Hold
Price Target 1.76 (+121.77%)
Earnings Date May 12, 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; and Progen, a fuel cell stack and engine technology used in mobility and sta... [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 16 analysts, the average rating for PLUG stock is "Hold." The 12-month stock price forecast is $1.76, which is an increase of 121.77% from the latest price.

Price Target
$1.76
(121.77% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Plug Power's GenEco Electrolyzers Power Live Customer Demos at The Green Box Innovation Hub

Live Demonstration Site in the Netherlands Already Hosting Leading Industrial Plug Customers Live Demonstration Site in the Netherlands Already Hosting Leading Industrial Plug Customers

7 days ago - GlobeNewsWire

Plug Power CFO, Paul Middleton, Underscores Confidence in Financial Strength and Strategic Growth with Share Purchase

SLINGERLANDS, N.Y., May 19, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive solutions for the hydrogen economy, today announced that its Chief Financial Offic...

8 days ago - GlobeNewsWire

JP Morgan Signals Caution On Plug Power's Near-Term Challenges, Withdraws Price Forecast

JP Morgan analyst Bill Peterson reiterated a Neutral rating on Plug Power, Inc. PLUG but has withdrawn the price forecast.

13 days ago - Benzinga

Plug Power: Sell On Likely Loss Of Hydrogen Production Tax Credit (Downgrade)

Plug Power Inc. reported improved Q1 2025 results due to a combination of price increases for the company's service offerings and aggressive cost reduction efforts. However, gross margins remained in ...

13 days ago - Seeking Alpha

Plug Power Chases Growth Beyond US Tax Credit Hurdles

Plug Power Inc PLUG Monday reported its first-quarter results.

14 days ago - Benzinga

Plug Power Inc. (PLUG) Q1 2025 Earnings Call Transcript

Plug Power Inc. (NASDAQ:PLUG) Q1 2025 - Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Teal Hoyos - VP, Marketing and Communications Andy Marsh - CEO Jose Luis Crespo - Chief R...

14 days ago - Seeking Alpha

Plug Reports First Quarter 2025 Financial Results

Commissioning of Louisiana hydrogen plant, global electrolyzer momentum, and improved cash flow positions Plug for continued commercial growth Commissioning of Louisiana hydrogen plant, global electro...

14 days ago - GlobeNewsWire

Plug Power: Stock Rallies On Preliminary Q1 Results And New Financing Announcement - Hold

Plug Power's shares rallied after the company pre-announced Q1 revenues in-line with management's previous guidance range and highlighted lower cash usage. In addition, the company entered into an up ...

4 weeks ago - Seeking Alpha

Plug Power (PLUG) stock soars 43% on cost cuts, credit deal, and strong financial outlook

Shares of Plug Power (NASDAQ: PLUG) jumped up to 43.5% to $1.16 in early trading on Monday after the hydrogen fuel cell company announced significant operational improvements, a new credit agreement, ...

4 weeks ago - Invezz

Plug Power Signs $525 Million Secured Credit Facility with Yorkville Advisors and Reports Strong Preliminary Q1 2025 Results

SLINGERLANDS, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced it has signed a definitive agreement for a s...

4 weeks ago - GlobeNewsWire

Hidrogenii, an Olin and Plug Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in Louisiana

Hydrogen Capture Enhances Sustainability and Profitability of Olin's St. Gabriel Facility Plug US Hydrogen Capacity now at 40 metric-ton-per-day (TPD) CLAYTON, Mo. , April 17, 2025 /PRNewswire/ -- Oli...

Other symbols: OLN
5 weeks ago - PRNewsWire

Hidrogenii, a Plug and Olin Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in Louisiana

Hydrogen Capture Enhances Sustainability and Profitability of Olin's St. Gabriel Facility Plug US Hydrogen Capacity now at 40TPD ST. GABRIEL, La.

5 weeks ago - GlobeNewsWire

Plug Power stock price crashed from $75 to $1: what next?

Plug Power stock price has crashed to a record low, moving from a record high of $75.45 in January 2021 to $1. Its market cap has dropped from over $42.21 billion in 2021 to $960 million, meaning that...

5 weeks ago - Invezz

Toyota Material Handling Europe and Plug Power, supply partners of STEF, to bring cutting-edge hydrogen forklift and hydrogen fuel cell solutions to two of its cold storage distribution centers, in France and Spain

SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen proj...

7 weeks ago - GlobeNewsWire

Plug to Participate in UBS Global Energy Conference

SLINGERLANDS, N.Y., March 27, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in end-to-end hydrogen solutions for the green hydrogen economy, is participating today in the UB...

2 months ago - GlobeNewsWire

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...

2 months 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...

2 months 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...

2 months 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.

2 months 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.

2 months 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, ...

3 months 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.

3 months 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.

3 months 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...

3 months 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...

3 months ago - GlobeNewsWire