Plug Power Inc. (PLUG)

NASDAQ: PLUG · IEX Real-Time Price · USD
3.470
+0.040 (1.17%)
Mar 28, 2024, 10:11 AM EDT - Market open
1.17%
Market Cap 2.35B
Revenue (ttm) 891.34M
Net Income (ttm) -1.37B
Shares Out 684.26M
EPS (ttm) -2.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,696,681
Open 3.430
Previous Close 3.430
Day's Range 3.370 - 3.510
52-Week Range 2.260 - 13.440
Beta 1.56
Analysts Hold
Price Target 6.33 (+82.42%)
Earnings Date May 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 $6.33, which is an increase of 82.42% from the latest price.

Price Target
$6.33
(82.42% upside)
Analyst Consensus: Hold
Stock Forecasts

News

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Plug Power Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 28, 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 ...

3 hours ago - Accesswire

Shareholders that lost money on Plug Power Inc.(PLUG) should contact Levi & Korsinsky about pending Class Action - PLUG

NEW YORK, NY / ACCESSWIRE / March 27, 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, fol...

11 hours ago - Accesswire

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 / March 27, 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, fol...

15 hours ago - Accesswire

Class Action Filed Against Plug Power Inc. (PLUG) - May 21, 2024 Deadline to Join – Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 27, 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, fol...

17 hours ago - Accesswire

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PLUG

NEW YORK , March 27, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Plug Power In...

17 hours ago - PRNewsWire

Levi & Korsinsky Notifies Shareholders of Plug Power Inc.(PLUG) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / March 27, 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, fol...

18 hours ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Plug Power Inc. of Class Action Lawsuit and Upcoming Deadlines - PLUG

NEW YORK, March 27, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Plug Power Inc. ("Plug" or the "Company") (NASDAQ: PLUG) and certain officers.   The...

20 hours ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Plug Power Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 27, 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 ...

1 day ago - Accesswire

PLUG INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Plug Power, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK , March 26, 2024 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed aga...

1 day ago - PRNewsWire

PLUG POWER SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Plug Power Inc. - PLUG

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 21, 2024 to file lea...

1 day ago - Business Wire

PLUG LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Plug Power Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Plug Power Inc. (NASDAQ: PLUG...

1 day ago - Business Wire

Plug Power, GM Win Federal Funds In $750 Million Push To Accelerate Clean Hydrogen

The Biden Administration is pushing ahead with efforts to make carbon-free hydrogen a cheaper and more widely used form of clean energy, dispersing $750 million of federal funds to help companies and ...

Other symbols: GM
14 days ago - Forbes

Plug Power stock price has formed a highly bullish pattern: is it a buy?

Plug Power (NASDAQ: PLUG) stock price has stabilised this year as investors focus on the company's turnaround strategy and its balance sheet strategies. After bottoming at $2.24 in January, the stock ...

23 days ago - Invezz

Plug Power Says Going Concern ‘No Longer Exists.' Stock Falls as 2023 Results Miss Estimates.

Plug Power reports a 2023 loss of $2.30 a share on revenue of $891.3 million.

27 days ago - Barrons

Plug Power stock sinks 10% following annual results

Plug Power Inc (NASDAQ: PLUG) is down 10% in premarket on Friday even though it reported record revenue for 2023. The stock is being punished primarily because hydrogen fuel cells company ended the ye...

27 days ago - Invezz

Plug Power's stock pares losses after 2023 results missed expectations but ‘going concern' issues resolved

Shares of Plug Power Inc. PLUG, +2.92% fell 7.9% in premarket trading Friday, but was down as much as 13.9% earlier, after the hydrogen fuel-cell technology company disclosed 2023 results that missed ...

27 days ago - Market Watch

Plug Highlights Year of Strategic Growth and Advancements in Accelerating the Green Hydrogen Economy

LATHAM, N.Y., March 01, 2024 (GLOBE NEWSWIRE) -- Today, Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy announced its financial resul...

27 days ago - GlobeNewsWire

Plug and Uline Expand Partnership to Supply Hydrogen and Fuel Cells at Four Additional Sites

8-year partnership and $20,000,000 expansion underscores Uline's commitment to Plug's hydrogen and fuel cell solutions, significantly enhancing efficiency of operations 8-year partnership and $20,000,...

4 weeks ago - GlobeNewsWire

Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer's Material Handling Operations

One of the largest automotive manufacturing facilities in the U.S., spanning over 6 square miles, to run on Plug hydrogen and fuel cell solutions One of the largest automotive manufacturing facilities...

5 weeks ago - GlobeNewsWire

6 Stocks to Consider Shorting, According to an Analyst

Short selling, however, isn't for the faint of heart.

Other symbols: ADTHASTSLAVSATWBA
5 weeks ago - Barrons

Plug Power just signalled layoffs: find out more

Plug Power Inc (NASDAQ: PLUG) is trading up in premarket on Wednesday after announcing a plan to lower its annual operational costs by over $75 million $PLUG to cut unspecified number of jobs The hydr...

6 weeks ago - Invezz

Plug Power to cut jobs, among other moves meant to save $75 million a year

Plug Power Inc. plans to eliminate jobs and take other cost-cutting measures through an initiative meant to save $75 million a year, the company said Wednesday.

6 weeks ago - Market Watch

Plug Announces Strategic Expense Reduction Plan to Save More Than $75 Million Annually

LATHAM, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- In a strategic move to enhance its financial performance and ensure long-term value creation in a competitive market, Plug Power Inc. (NASDAQ: PLUG), a ...

6 weeks ago - GlobeNewsWire

Plug Power stock price: Is this fallen angel a good contrarian buy?

Plug Power (NASDAQ: PLUG) stock price has bounced back this year, making it one of the best-performing alternative energy companies. The shares were trading at $4.57 on Tuesday, about 106% above the l...

6 weeks ago - Invezz

Plug Delivers Several Portable Liquid Hydrogen Refuelers to Customers

Plug's first-of-its-kind portable refueler hits the roads to support cost-effective adoption of commercial fuel cell electric vehicle fleets

6 weeks ago - GlobeNewsWire