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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 1.11
-2.63 %
$ 1.27 B
Market Cap
-0.46
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PLUG stock under the worst case scenario is HIDDEN Compared to the current market price of 1.11 USD, Plug Power Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PLUG stock under the base case scenario is HIDDEN Compared to the current market price of 1.11 USD, Plug Power Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one PLUG stock under the best case scenario is HIDDEN Compared to the current market price of 1.11 USD, Plug Power Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PLUG

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$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0$0.5$0.5Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
629 M REVENUE
-29.45%
-2.02 B OPERATING INCOME
-50.34%
-2.1 B NET INCOME
-53.77%
-729 M OPERATING CASH FLOW
34.15%
-402 M INVESTING CASH FLOW
-55.27%
983 M FINANCING CASH FLOW
15972.75%
134 M REVENUE
-30.19%
-178 M OPERATING INCOME
86.27%
-197 M NET INCOME
85.26%
-106 M OPERATING CASH FLOW
19.56%
-46.6 M INVESTING CASH FLOW
-6.25%
193 M FINANCING CASH FLOW
-5.28%
Balance Sheet Plug Power Inc.
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Current Assets 1.48 B
Cash & Short-Term Investments 206 M
Receivables 251 M
Other Current Assets 1.02 B
Non-Current Assets 2.13 B
Long-Term Investments 85.5 M
PP&E 1.28 B
Other Non-Current Assets 760 M
5.71 %6.97 %28.32 %35.54 %21.08 %Total Assets$3.6b
Current Liabilities 748 M
Accounts Payable 221 M
Short-Term Debt 226 M
Other Current Liabilities 301 M
Non-Current Liabilities 1.05 B
Long-Term Debt 852 M
Other Non-Current Liabilities 194 M
12.30 %12.61 %16.79 %47.48 %10.83 %Total Liabilities$1.8b
EFFICIENCY
Earnings Waterfall Plug Power Inc.
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Revenue 629 M
Cost Of Revenue 1.25 B
Gross Profit -625 M
Operating Expenses 1.39 B
Operating Income -2.02 B
Other Expenses 85.1 M
Net Income -2.1 B
1b1b500m500m00(500m)(500m)(1b)(1b)(1b)(1b)(2b)(2b)(2b)(2b)629m(1b)(625m)(1b)(2b)(85m)(2b)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
-99.38% GROSS MARGIN
-99.38%
-321.21% OPERATING MARGIN
-321.21%
-334.71% NET MARGIN
-334.71%
-121.37% ROE
-121.37%
-58.42% ROA
-58.42%
-65.48% ROIC
-65.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Plug Power Inc.
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00(200m)(200m)(400m)(400m)(600m)(600m)(800m)(800m)(1b)(1b)(1b)(1b)(1b)(1b)(2b)(2b)(2b)(2b)(2b)(2b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -2.1 B
Depreciation & Amortization 84.6 M
Capital Expenditures -334 M
Stock-Based Compensation 14.8 M
Change in Working Capital 2.79 M
Others 1.24 B
Free Cash Flow -1.06 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Plug Power Inc.
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Wall Street analysts predict an average 1-year price target for PLUG of $2.26 , with forecasts ranging from a low of $1.1 to a high of $5 .
PLUG Lowest Price Target Wall Street Target
1.1 USD -0.90%
PLUG Average Price Target Wall Street Target
2.26 USD 103.99%
PLUG Highest Price Target Wall Street Target
5 USD 350.45%
Price
Max Price Target
Min Price Target
Average Price Target
55554444333322221111Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25May '25May '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26May '26May '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Plug Power Inc.
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Sold
0-3 MONTHS
49.2 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
20.9 K USD 1
9-12 MONTHS
23.7 K USD 1
Bought
922 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Plug Power's Electrolyzer Sales Jump in Q1: Can the Momentum Sustain? PLUG's electrolyzer revenues soar in Q1 2025, fueled by rising global demand for green hydrogen solutions. zacks.com - 3 days ago
Why Plug Power Stock Is Plummeting Today Plug Power (PLUG -17.18%) stock is getting hit with a round of big sell-offs in Tuesday's trading. The hydrogen fuel cell company's share price was down 18.1% as of 3:30 p.m. fool.com - 6 days ago
Plug Power Down 39% YTD: How Should Investors Play the Stock? PLUG is down 39% YTD as cash burn and weak margins weigh, but revenue recovery signs and long-term potential keep hopes alive. zacks.com - 1 week ago
Plug Power Wins a Big Deal. Time to Buy the Hydrogen Stock? Plug Power (PLUG -5.07%) believes in a hydrogen-powered future. It's taking a leading role in building the global hydrogen economy with its fully integrated ecosystem. fool.com - 1 week ago
This BlacRock penny stock has rallied 40% in a week Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments. finbold.com - 1 week ago
This BlackRock penny stock has rallied 40% in a week Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments. finbold.com - 1 week ago
Why Plug Power Stock Keeps Going Up Are investors in Plug Power (PLUG 10.66%) stock irrationally exuberant? fool.com - 1 week ago
Insiders are buying Plug Power stock: is a short-squeeze coming? Plug Power stock price surged on Monday after the company expanded its relationship with Allied Green Ammonia, a company based in Uzbekistan. It jumped to a high of $1.24, its highest point since April 8, and 78% above its lowest level this year. invezz.com - 1 week ago
Why Plug Power Stock Lit Up Today Plug Power (PLUG 25.88%) stock, maker of hydrogen fuel cells -- and the hydrogen to fuel them, too -- rocketed ahead 26.4% through 3:30 p.m. fool.com - 2 weeks ago
Plug Power CFO Paul Middleton Underscores Continued Confidence in Strategic Growth with Additional Share Purchase LATHAM, N.Y., June 09, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that Chief Financial Officer Paul Middleton has purchased an additional 650,000 shares of Plug's common stock on the open market. On June 9, 2025, Middleton acquired 650,000 shares at an average price of $1.0339 per share. globenewswire.com - 2 weeks ago
Why Plug Power stock isn't plugged into my portfolio Plug Power Inc (NASDAQ: PLUG) is pushing further to the upside this morning, even though the clean energy company proposed two “equally unattractive” alternatives to investors last week. The hydrogen fuel cell company is seeking authorisation to issue more stock or resort to a reverse stock split to remain listed on Nasdaq. invezz.com - 2 weeks ago
Plug Power and Allied Green Expand Strategic Collaboration with New 2 GW Electrolyzer Deal in Uzbekistan Plug Power and Allied Green Leadership attending International Investment Forum to Execute the Agreement Allied Green Continues to Make Meaningful Progress in its Green Ammonia Plant in Australia with Plug to supply 3GW of Electrolyzer Capacity Bringing the total opportunity between partners to 5GW globally SLINGERLANDS, N.Y., June 09, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced a significant expansion of its partnership with Allied Green Ammonia (AGA), with a new 2 gigawatt (GW) electrolyzer opportunity tied to a sustainable fuels project in Uzbekistan. globenewswire.com - 2 weeks ago
8. Profile Summary

Plug Power Inc. PLUG

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 1.27 B
Dividend Yield 0.00%
Description Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and 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. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.
Contact 968 Albany Shaker Road, Latham, NY, 12110 https://www.plugpower.com
IPO Date Oct. 29, 1999
Employees 3224
Officers Mr. Andrew J. Marsh Chief Executive Officer & Director Mr. Tim Cortes Chief Technology Officer Mr. Benjamin Haycraft Executive Vice President of EMEA Region Mr. Paul B. Middleton CPA Executive Vice President & Chief Financial Officer Mr. David Mindnich Executive Vice President of Global Manufacturing Mr. Dean C. Fullerton Chief Operating Officer Mr. Gerard L. Conway Jr. EVice President, Chief Legal Officer, General Counsel & Corporate Secretary Mr. Martin D. Hull Chief Accounting Officer & Corporate Controller Mr. Jose Luis Crespo Chief Revenue Officer, EVice President & GM of Material Handling Mr. Sanjay K. Shrestha President & Chief Strategy Officer