Plug Power Inc. (PLUG)

NASDAQ: PLUG · Real-Time Price · USD
1.980
+0.090 (4.76%)
At close: Nov 21, 2025, 4:00 PM EST
2.010
+0.030 (1.50%)
After-hours: Nov 21, 2025, 7:59 PM EST
4.76%
Market Cap2.72B
Revenue (ttm)676.17M
Net Income (ttm)-2.12B
Shares Out 1.37B
EPS (ttm)-2.05
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume111,099,750
Open1.880
Previous Close1.890
Day's Range1.820 - 1.990
52-Week Range0.690 - 4.580
Beta1.73
AnalystsHold
Price Target2.15 (+8.59%)
Earnings DateNov 10, 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]

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 Summary

According to 13 analysts, the average rating for PLUG stock is "Hold." The 12-month stock price target is $2.15, which is an increase of 8.59% from the latest price.

Price Target
$2.15
(8.59% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Plug Power Announces Special Meeting of Stockholders and Filing of Preliminary Proxy Statement

SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company” or “Plug”), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will hold ...

16 hours ago - GlobeNewsWire

Plug Power Nets $399 Million in Cash Following Successful Financing; Eliminates First Lien and Fully Funds Current Business Plan

SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful closi...

17 hours ago - GlobeNewsWire

Plug Power: Perpetual Capital Raises

Plug Power faces ongoing operational issues, persistent losses, and frequent capital raises, leading to a bearish investment thesis. PLUG recently raised $375 million via convertible debt to refinance...

2 days ago - Seeking Alpha

Plug Power Stock Is Plunging. Here's What Investors Need to Know.

Plug Power (PLUG) shares sank Wednesday after the maker of hydrogen fuel cells announced it would sell $375 million in debt that could be converted into stock.

2 days ago - Investopedia

Why Is Plug Power Stock Sinking Wednesday?

Plug Power, Inc. (NASDAQ: PLUG) shares fell Wednesday after the company announced a $375 million private offering of convertible senior notes.

2 days ago - Benzinga

Plug Power Kicks The Can To 2033, Escapes 'Death Spiral' Debt

Plug Power, Inc. (NASDAQ: PLUG) stock took a hit on Wednesday as investors digested the company's convertible notes offering — but, looking past the immediate drop, it's a calculated move to fix Plug'...

2 days ago - Benzinga

How Plug Power's 59% Stock Crash Has Put Clean-Energy ETFs At Risk

Plug Power Inc's (NASDAQ: PLUG) latest capital raise is having far-reaching effects beyond its own stock.

Other symbols: HYDRICLNPBW
2 days ago - Benzinga

Top Stock Movers Now: Lowe's, Nvidia, Alphabet, Plug Power, and More

Major U.S. equities indexes were mixed at midday Wednesday ahead of highly anticipated earnings from Nvidia (NVDA) due after the closing bell. The S&P 500 and Nasdaq gained, while the Dow fell.

Other symbols: GOOGGOOGLLOWNVDA
2 days ago - Investopedia

Why did Plug Power stock tumble today and is it a buying opportunity?

Plug Power Inc. (NASDAQ: PLUG) opened nearly 20% down this morning after the hydrogen fuel cell specialist announced a $375 million convertible notes offering. Investors are bailing on PLUG shares mos...

2 days ago - Invezz

Plug Power Inc. Announces Pricing of Offering of $375.0 Million of 6.75% Convertible Senior Notes

SLINGERLANDS, N.Y., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG) today announced the pricing of $375.0 million aggregate principal amount of 6.75% Convertible Senior...

3 days ago - GlobeNewsWire

PLUG Stock To $1?

Plug Power (NASDAQ: PLUG) has become one of the most highly reactive clean-energy stocks in the market. After trading above $4 in early October, the stock experienced a severe 40% drop, plummeting as ...

3 days ago - Forbes

Plug Power stock price is crashing as losses soar: time to buy the dip?

Plug Power stock price has pulled back and moved into a bear market, erasing some of the gains made in September and October. PLUG has retreated by over 50% from its highest point this year, lowering ...

4 days ago - Invezz

Plug Power: Sell On Rapidly Declining Backlog And No Visible Path To Profitability

Adjusted for substantial impairment charges, Plug Power Inc.'s third quarter results came in largely in line with expectations. While the company improved (adjusted) gross margins and further reduced ...

10 days ago - Seeking Alpha

Plug Power: Progress Is Clear, Profits Aren't

Plug Power Inc. is building a full-scale green hydrogen ecosystem, expanding electrolyzer sales, and benefiting from supportive government policies. PLUG's Q3 revenue rose modestly, with strong growth...

10 days ago - Seeking Alpha

Plug Power is using the AI power boom to generate cash and ditch unneeded government support

Plug Power has dropped out of a government loan program, deciding it was more cost-effective to pay for hydrogen supply than to build its own network. Analysts agree.

10 days ago - Market Watch

Plug Power Stock Trades Wildly on AI News. Its Business Model Is Changing.

The company unveiled an unusual plan to generate more liquidity.

10 days ago - Barrons

Plug Power Inc. (PLUG) Q3 2025 Earnings Call Transcript

Plug Power Inc. ( PLUG) Q3 2025 Earnings Call November 10, 2025 4:30 PM EST Company Participants Teal Vivacqua Hoyos - Director of Marketing Communications Andrew Marsh - Executive Chairman & CEO Jos...

11 days ago - Seeking Alpha

Plug Power Stock Mostly Flat After Mixed Q3 Earnings Report

Plug Power Inc. (NASDAQ:PLUG) shares fell after the company released a mixed third-quarter earnings report after Monday's closing bell.

11 days ago - Benzinga

Plug Power to unlock $275 million, pivot toward data center power market

Plug Power expects to generate more than $275 million by monetizing assets, releasing restricted cash and lowering maintenance expenses, it said on Monday, as the hydrogen fuel cell maker shifts focus...

11 days ago - Reuters

Plug Power stock price forecast ahead of earnings: buy or sell?

Plug Power stock price has suffered a harsh reversal in the past few weeks, moving from a high of $4.58 in October to $2.50 today. This performance mirrored the pullback in the US stock market, where ...

12 days ago - Invezz

Archer Aviation ($ACHR) | WeRide ($WRD) | Plug Power ($PLUG) | ChargePoint ($CHPT)

Welcome to the Green Stock News brief for Wednesday November 5th. Here are today's top headlines: Archer Aviation (NYSE: ACHR) has announced that its Midnight aircraft has been selected by the Tokyo M...

Other symbols: ACHRCHPTWRD
16 days ago - Green Stock News

BorgWarner ($BWA) | Plug Power ($PLUG) | Clean Energy Fuels ($CLNE) | Aduro Clean Tech ($ADUR)

Welcome to the Green Stock News brief for Thursday October 30th. Here are today's top headlines: BorgWarner (NYSE: BWA) has secured its first North American contract to supply battery technology for a...

Other symbols: BWACLNE
22 days ago - Green Stock News

'I Still Can't Believe It's Around': Cramer Rips Plug Power

On CNBC's “Mad Money Lightning Round,” on Tuesday, Jim Cramer said Sempra (NYSE:SRE) is a buy.

23 days ago - Benzinga

Halper Sadeh LLC Encourages Plug Power Inc. Shareholders to Contact the Firm to Discuss Their Rights

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Plug Power Inc. (NASDAQ: PLUG) breached their fiduciary duties to s...

4 weeks ago - Business Wire

Looking For The Next Beyond Meat? Here Are The Top 10 Most Shorted Stocks

Investors searching for the next Beyond Meat, Inc. (NYSE:BYND) — the latest poster child for explosive short squeezes — are eyeing the most shorted stocks as potential candidates for outsized rallies.

4 weeks ago - Benzinga