Plug Power Inc. (PLUG)

NASDAQ: PLUG · IEX Real-Time Price · USD
2.490
+0.160 (6.87%)
Jul 26, 2024, 4:00 PM EDT - Market closed
6.87%
Market Cap 2.05B
Revenue (ttm) 801.32M
Net Income (ttm) -1.46B
Shares Out 821.30M
EPS (ttm) -2.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 44,989,185
Open 2.380
Previous Close 2.330
Day's Range 2.370 - 2.530
52-Week Range 2.210 - 13.170
Beta 1.81
Analysts Hold
Price Target 5.67 (+127.71%)
Earnings Date Aug 7, 2024

About PLUG

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 stat... [Read more]

Sector Industrials
IPO Date Oct 29, 1999
Employees 3,868
Stock Exchange NASDAQ
Ticker Symbol PLUG
Full Company Profile

Financial Performance

In 2023, Plug Power's revenue was $891.34 million, an increase of 27.07% compared to the previous year's $701.44 million. Losses were -$1.37 billion, 89.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for PLUG stock is "Hold." The 12-month stock price forecast is $5.67, which is an increase of 127.71% from the latest price.

Price Target
$5.67
(127.71% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Plug Power plummets 15% amid $200 million stock offering: Should you buy?

Plug power stock is trading down 15% after announcing a $200 million stock offering. The funds this raised will be used for general corporate purposes.

7 days ago - Invezz

Plug Power Is Selling Stock. Its Shares Are Falling

Plug Power (PLUG) stock tumbled after the company said it would sell more shares to the public, which it expects to generate $200 million in proceeds.

7 days ago - Investopedia

Plug Power Inc. Announces Pricing of Public Offering of Common Stock

LATHAM, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the p...

7 days ago - GlobeNewsWire

Plug Power's $200 million stock offering is the latest chapter in liquidity saga

Plug Power said it plans to use proceeds from the stock sale for ‘general corporate purposes'

8 days ago - Market Watch

Plug Power Inc. Announces Proposed Public Offering of Common Stock

LATHAM, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that ...

8 days ago - GlobeNewsWire

Plug Completes 13 Hydrogen Refueling Station Deployments Over Last Two Years in Europe

Installations Support Range of Material Handling and Mobility Applications, Highlighting Company's Unparalleled Execution Capabilities Installations Support Range of Material Handling and Mobility App...

16 days ago - GlobeNewsWire

Plug Delivers and Commissions over 95 MW of Electrolyzer Capacity Globally

Electrolyzers Installed and Producing Hydrogen in Five Continents for Internal Use and at External Customer Sites Electrolyzers Installed and Producing Hydrogen in Five Continents for Internal Use and...

17 days ago - GlobeNewsWire

Stock Of The Day: Plug Power, Oversold At Key Support Level – Ready For An Upswing?

Plug Power Inc. PLUG may rally. It's oversold and at support.

4 weeks ago - Benzinga

Plug to Receive Federal Clean Hydrogen Production Tax Credit at Georgia Hydrogen Facility

LATHAM, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, which began commercial operation of ...

4 weeks ago - GlobeNewsWire

Plug Power stock nears key support as outlook darkens

Plug Power (NASDAQ: PLUG) stock price has been in a strong freefall since May as concerns about its business continue. It has retreated to below $2.50 and is nearing the important support at $2.22, it...

4 weeks ago - Invezz

Plug CEO Andy Marsh to Participate in the 10th Annual ROTH London Conference

LATHAM, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, is pleased to announce that CEO Andy...

4 weeks ago - GlobeNewsWire

Plug Reaches 7.5 GW in BEDP Contracts for Global Electrolyzer Projects

LATHAM, N.Y., June 25, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has achieved a significant milestone...

4 weeks ago - GlobeNewsWire

Plug Secures 25 MW PEM Electrolyzer Deal for Major European Customer

LATHAM, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, secured an order for 25 megawatts (M...

5 weeks ago - GlobeNewsWire

Plug Receives Industry Certification for its High-Powered Stationary System

Third-Party Validation Will Fast Track Implementation of Back-Up Power, EV Charging and Prime Power Solutions for Customers Third-Party Validation Will Fast Track Implementation of Back-Up Power, EV C...

5 weeks ago - GlobeNewsWire

Hydrogen Infrastructure market is projected to grow at a CAGR of 22.7% by 2034: Visiongain

Visiongain has published a new report entitled Hydrogen Infrastructure Market Report 2024-2034 : Forecasts by Size (Small/Mid-Scale Infrastructure, Large Scale Infrastructure), by Purity (High Purity ...

Other symbols: LIN
7 weeks ago - GlobeNewsWire

Plug to Webcast Annual Shareholder Meeting on June 5, 2024

LATHAM, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, invites investors and the general pub...

2 months ago - GlobeNewsWire

Plug, Airbus, Delta, Hartsfield-Jackson Atlanta International Airport Study Feasibility of Hydrogen Hub at World's Busiest Airport

Plug contributes deep expertise in hydrogen production and infrastructure as well as aviation sector applications Plug contributes deep expertise in hydrogen production and infrastructure as well as a...

2 months ago - GlobeNewsWire

PLUG DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Plug Power Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important May 21 Deadline in Securities Class Action – PLUG

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Plug Power Inc. (NASDAQ: PLUG) between May 9, 2023 and January 16, 2024, both dat...

2 months ago - Business Wire

Shareholders that lost money on Plug Power Inc.(PLUG) should contact The Gross Law Firm about pending Class Action - PLUG

NEW YORK , May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Plug Power Inc. (NASDAQ: PLUG). Shareholders who purchased shares of PLUG during the class per...

2 months ago - PRNewsWire

PLUG Investors Have Opportunity to Lead Plug Power Inc. Securities Fraud Lawsuit

LOS ANGELES , May 20, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit again...

2 months ago - PRNewsWire

Plug Power stock price analysis: brace for turbulence

Plug Power (NASDAQ: PLUG) stock price surged hard last week after the Department of Energy (DoE) approved a $1.66 loan guarantee to the company. It also soared after the company signed an agreement wi...

2 months ago - Invezz

Shareholders that lost money on Plug Power Inc. (PLUG) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / May 20, 2024 / If you suffered a loss on your Plug Power Inc. (NASDAQ:PLUG) investment and want to learn about a potential recovery under the federal securities laws, follo...

2 months ago - Accesswire

Plug Power Inc. Class Action: Levi & Korsinsky Reminds Plug Power Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 21, 2024 - PLUG

NEW YORK, NY / ACCESSWIRE / May 20, 2024 / If you suffered a loss on your Plug Power Inc. (NASDAQ:PLUG) investment and want to learn about a potential recovery under the federal securities laws, follo...

2 months ago - Accesswire

Shareholders of Plug Power Inc. Should Contact Levi & Korsinsky Before May 21, 2024 to Discuss Your Rights - PLUG

NEW YORK, NY / ACCESSWIRE / May 19, 2024 / If you suffered a loss on your Plug Power Inc. (NASDAQ:PLUG) investment and want to learn about a potential recovery under the federal securities laws, follo...

2 months ago - Accesswire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Encourages Investors in Plug Power Inc. with Losses of $300,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Plug Power Inc. ("Plug" or "the Co...

2 months ago - Accesswire