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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 1.87
-5.08 %
$ 1.7 B
Market Cap
-0.79
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one PLUG stock under the base case scenario is HIDDEN Compared to the current market price of 1.87 USD, Plug Power Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PLUG

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FINANCIALS
891 M REVENUE
27.07%
-1.34 B OPERATING INCOME
-97.71%
-1.37 B NET INCOME
-89.06%
-1.11 B OPERATING CASH FLOW
-33.54%
728 M INVESTING CASH FLOW
207.17%
6.12 M FINANCING CASH FLOW
107.90%
174 M REVENUE
21.19%
-216 M OPERATING INCOME
11.65%
-211 M NET INCOME
19.50%
-175 M OPERATING CASH FLOW
31.33%
-89.9 M INVESTING CASH FLOW
39.31%
252 M FINANCING CASH FLOW
3.59%
Balance Sheet Decomposition Plug Power Inc.
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Current Assets 1.79 B
Cash & Short-Term Investments 352 M
Receivables 370 M
Other Current Assets 1.07 B
Non-Current Assets 3.12 B
Long-Term Investments 881 M
PP&E 2 B
Other Non-Current Assets 230 M
Current Liabilities 965 M
Accounts Payable 258 M
Short-Term Debt 85.9 M
Other Current Liabilities 621 M
Non-Current Liabilities 1.04 B
Long-Term Debt 809 M
Other Non-Current Liabilities 231 M
EFFICIENCY
Earnings Waterfall Plug Power Inc.
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Revenue 891 M
Cost Of Revenue 1.4 B
Gross Profit -508 M
Operating Expenses 536 M
Operating Income -1.34 B
Other Expenses 25.3 M
Net Income -1.37 B
RATIOS
-56.97% GROSS MARGIN
-56.97%
-150.73% OPERATING MARGIN
-150.73%
-153.57% NET MARGIN
-153.57%
-47.23% ROE
-47.23%
-27.92% ROA
-27.92%
-43.14% ROIC
-43.14%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Plug Power Inc.
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Net Income -1.37 B
Depreciation & Amortization 71.1 M
Capital Expenditures -696 M
Stock-Based Compensation 163 M
Change in Working Capital -542 M
Others 587 M
Free Cash Flow -1.8 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 $2.86 , with forecasts ranging from a low of $1.6 to a high of $5 .
PLUG Lowest Price Target Wall Street Target
1.6 USD -14.44%
PLUG Average Price Target Wall Street Target
2.86 USD 52.69%
PLUG Highest Price Target Wall Street Target
5 USD 167.38%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Plug Power Inc.
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Sold
0-3 MONTHS
20.9 K USD 1
3-6 MONTHS
23.7 K USD 1
6-9 MONTHS
25.6 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Nov 01, 2024
Sell 20.9 K USD
MCNAMEE GEORGE C
Director
- 10000
2.0916 USD
3 months ago
Aug 01, 2024
Sell 23.7 K USD
MCNAMEE GEORGE C
Director
- 10000
2.3719 USD
6 months ago
May 10, 2024
Sell 25.6 K USD
MCNAMEE GEORGE C
Director
- 10000
2.5576 USD
1 year ago
Oct 02, 2023
Sell 230 K USD
Crespo Jose Luis
GM, MATL Handling, Key Accts
- 31958
7.2 USD
3 years ago
Jul 13, 2021
Sell 162 K USD
Shrestha Sanjay K
Chief Strategy Officer
- 5700
28.4325 USD
4 years ago
Jul 01, 2020
Sell 31.4 K USD
Schneider Lucas P
Director
- 3500
8.9644 USD
4 years ago
Oct 01, 2020
Sell 48.4 K USD
Schneider Lucas P
Director
- 3500
13.8272 USD
3 years ago
Jan 19, 2021
Sell 845 K USD
Marsh Andrew
President & CEO
- 13482
62.6504 USD
3 years ago
Jan 19, 2021
Sell 3.19 M USD
Marsh Andrew
President & CEO
- 49918
63.966 USD
3 years ago
Jan 19, 2021
Sell 10.1 M USD
Marsh Andrew
President & CEO
- 156051
64.8196 USD
3 years ago
Jan 19, 2021
Sell 7.49 M USD
Marsh Andrew
President & CEO
- 114120
65.6612 USD
3 years ago
Jan 19, 2021
Sell 8.84 M USD
Marsh Andrew
President & CEO
- 132753
66.5801 USD
3 years ago
Jan 19, 2021
Sell 6.89 M USD
Marsh Andrew
President & CEO
- 101766
67.727 USD
3 years ago
Jan 19, 2021
Sell 354 K USD
Marsh Andrew
President & CEO
- 5178
68.3109 USD
3 years ago
Jan 12, 2021
Sell 624 K USD
MCNAMEE GEORGE C
Director
- 10000
62.4 USD
3 years ago
Jan 13, 2021
Sell 704 K USD
MCNAMEE GEORGE C
Director
- 10000
70.45 USD
3 years ago
Jan 11, 2021
Sell 87.1 K USD
Silver Jonathan M
Director
- 1780
48.92 USD
3 years ago
Jan 08, 2021
Sell 1.74 M USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 33333
52.07 USD
3 years ago
Jan 08, 2021
Sell 521 K USD
MCNAMEE GEORGE C
Director
- 10000
52.07 USD
3 years ago
Jan 07, 2021
Sell 1.46 M USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 33333
43.6844 USD
3 years ago
Jan 06, 2021
Sell 350 K USD
MCNAMEE GEORGE C
Director
- 10000
35 USD
3 years ago
Jan 04, 2021
Sell 75.2 K USD
Schneider Lucas P
Director
- 2361
31.8465 USD
3 years ago
Jan 04, 2021
Sell 27 K USD
Schneider Lucas P
Director
- 827
32.589 USD
3 years ago
Jan 04, 2021
Sell 10.6 K USD
Schneider Lucas P
Director
- 312
33.8831 USD
3 years ago
Jan 04, 2021
Sell 1.97 M USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 61538
31.9402 USD
3 years ago
Jan 04, 2021
Sell 1.15 M USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 35095
32.7113 USD
3 years ago
Jan 04, 2021
Sell 205 K USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 6100
33.6186 USD
3 years ago
Jan 04, 2021
Sell 194 K USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 5600
34.5887 USD
3 years ago
Dec 28, 2020
Sell 1.03 M USD
Kenausis Gregory
Director
- 30316
33.9103 USD
3 years ago
Dec 28, 2020
Sell 570 K USD
Kenausis Gregory
Director
- 16238
35.0758 USD
3 years ago
Dec 28, 2020
Sell 190 K USD
Kenausis Gregory
Director
- 5246
36.1574 USD
3 years ago
Dec 28, 2020
Sell 119 K USD
Kenausis Gregory
Director
- 3200
37.0469 USD
3 years ago
Dec 24, 2020
Sell 7.61 M USD
MIDDLETON PAUL B
CFO & Senior VP
- 216667
35.1299 USD
3 years ago
Dec 17, 2020
Sell 6 M USD
Schmid Keith
COO & Sr. VP
- 200000
30 USD
3 years ago
Dec 17, 2020
Sell 300 K USD
HELMER MAUREEN O
Director
- 10000
30 USD
3 years ago
Dec 14, 2020
Sell 392 K USD
HELMER MAUREEN O
Director
- 15011
26.1122 USD
3 years ago
Dec 14, 2020
Sell 8.14 K USD
HELMER MAUREEN O
Director
- 300
27.1367 USD
3 years ago
Dec 14, 2020
Sell 6.56 M USD
Schmid Keith
COO & Sr. VP
- 250000
26.23 USD
3 years ago
Dec 15, 2020
Sell 2.25 M USD
Schmid Keith
COO & Sr. VP
- 83333
27.0366 USD
3 years ago
Dec 11, 2020
Sell 2.03 M USD
WILLIS GARY K
Director
- 75900
26.7451 USD
3 years ago
Dec 11, 2020
Sell 393 K USD
WILLIS GARY K
Director
- 14300
27.4639 USD
4 years ago
Nov 13, 2020
Sell 28 M USD
FiveT Capital Holding AG
Director
- 1221123
22.9326 USD
4 years ago
Nov 13, 2020
Sell 16.3 M USD
FiveT Capital Holding AG
Director
- 693911
23.4235 USD
4 years ago
Nov 13, 2020
Sell 28 M USD
Roth Johannes Minho
Director
- 1221123
22.9326 USD
4 years ago
Nov 13, 2020
Sell 16.3 M USD
Roth Johannes Minho
Director
- 693911
23.4235 USD
4 years ago
Nov 12, 2020
Sell 1.9 M USD
Schmid Keith
COO & Sr. VP
- 83333
22.84 USD
4 years ago
Nov 09, 2020
Sell 631 K USD
MCNAMEE GEORGE C
Director
- 30000
21.0475 USD
4 years ago
Nov 09, 2020
Sell 852 K USD
Silver Jonathan M
Director
- 42576
20.0019 USD
4 years ago
Oct 14, 2020
Sell 1.33 M USD
Silver Jonathan M
Director
- 76286
17.3918 USD
4 years ago
Oct 12, 2020
Sell 12.9 M USD
MIDDLETON PAUL B
CFO & Senior VP
- 697066
18.4855 USD
4 years ago
Oct 12, 2020
Sell 841 K USD
Kenausis Gregory
Director
- 47500
17.7109 USD
4 years ago
Oct 12, 2020
Sell 231 K USD
Kenausis Gregory
Director
- 12500
18.4689 USD
4 years ago
Oct 08, 2020
Sell 855 K USD
MCNAMEE GEORGE C
Director
- 45000
19 USD
4 years ago
Oct 07, 2020
Sell 11.7 M USD
Schmid Keith
COO & Sr. VP
- 650000
18.0045 USD
4 years ago
Oct 05, 2020
Sell 1.25 M USD
Schmid Keith
COO & Sr. VP
- 83333
15 USD
4 years ago
Oct 06, 2020
Sell 1.34 M USD
Schmid Keith
COO & Sr. VP
- 83334
16.04 USD
4 years ago
Oct 05, 2020
Sell 1.02 M USD
Hull Martin Daniel
Corporate Controller and CAO
- 68565
14.8749 USD
4 years ago
Oct 05, 2020
Sell 525 K USD
HELMER MAUREEN O
Director
- 35000
15 USD
4 years ago
Oct 01, 2020
Sell 1.17 M USD
Schmid Keith
COO & Sr. VP
- 83333
14 USD
4 years ago
Sep 21, 2020
Sell 2.6 M USD
Schmid Keith
COO & Sr. VP
- 200000
13 USD
4 years ago
Sep 18, 2020
Sell 996 K USD
HELMER MAUREEN O
Director
- 75000
13.2831 USD
4 years ago
Sep 08, 2020
Sell 421 K USD
Conway Gerard L JR
Gen Counsel, Corp Sec, Sr VP
- 35352
11.8958 USD
4 years ago
Aug 28, 2020
Sell 2.16 M USD
Marsh Andrew
President & CEO
- 166666
12.9512 USD
4 years ago
Aug 31, 2020
Sell 1.35 M USD
Marsh Andrew
President & CEO
- 104412
12.9765 USD
4 years ago
Aug 31, 2020
Sell 437 K USD
Hull Martin Daniel
Corporate Controller and CAO
- 33333
13.11 USD
4 years ago
Aug 28, 2020
Sell 864 K USD
Conway Gerard L JR
Gen. Counsel, Corp Sec, Sr. VP
- 66667
12.9637 USD
4 years ago
Aug 27, 2020
Sell 460 K USD
Conway Gerard L JR
Gen. Counsel, Corp Sec, Sr. VP
- 35353
13.0125 USD
4 years ago
Aug 19, 2020
Sell 2.47 M USD
Marsh Andrew
President & CEO
- 180290
13.6872 USD
4 years ago
Aug 19, 2020
Sell 514 K USD
Marsh Andrew
President & CEO
- 36376
14.1218 USD
4 years ago
Aug 10, 2020
Sell 6.6 M USD
MIDDLETON PAUL B
CFO & Senior VP
- 550000
12 USD
4 years ago
Aug 06, 2020
Sell 203 K USD
Shrestha Sanjay K
Chief Strategy Officer
- 20000
10.1509 USD
4 years ago
Aug 06, 2020
Sell 669 K USD
MCNAMEE GEORGE C
Director
- 65000
10.2953 USD
4 years ago
Jul 13, 2020
Sell 12.3 K USD
MCNAMEE GEORGE C
Director
- 1400
8.7944 USD
4 years ago
Jul 13, 2020
Sell 947 USD
MCNAMEE GEORGE C
Director
- 100
9.47 USD
4 years ago
Jul 09, 2020
Sell 572 K USD
Shrestha Sanjay K
Chief Strategy Officer
- 64825
8.8237 USD
4 years ago
Jul 06, 2020
Sell 2.5 M USD
MIDDLETON PAUL B
CFO & Senior VP
- 250000
10 USD
4 years ago
Jul 06, 2020
Sell 667 K USD
Hull Martin Daniel
Corporate Controller and CAO
- 66667
10 USD
4 years ago
Jul 06, 2020
Sell 11.7 M USD
Marsh Andrew
President and CEO
- 1166667
10.0101 USD
4 years ago
Jun 29, 2020
Sell 2.31 M USD
Conway Gerard L JR
Gen. Counsel, Corp Sec, Sr VP
- 291000
7.9445 USD
4 years ago
Jun 24, 2020
Sell 7.02 M USD
Marsh Andrew
President & CEO
- 961059
7.3039 USD
4 years ago
Jun 23, 2020
Sell 1.79 M USD
Marsh Andrew
President & CEO
- 255607
7.0029 USD
7. News
Is Plug Power Stock a Buy? Is Plug Power Stock a Buy? fool.com - 21 hours ago
What Is Plug Power's Future? Analysts Warn Of Cash Crunch And Slow Hydrogen Market Growth Analysts revised the price target or estimates on Plug Power, Inc. PLUG after the company reported weak third-quarter results and provided FY25 guidance. benzinga.com - 2 days ago
Energy Plug Releases Its 20 kWh Decentralized Battery System and Provides Solutions for Powering Cryptocurrency and AI Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") is pleased to announce the launch of its 20 kWh Decentralized Battery System. Designed to meet the demand for decentralized energy in North America, this system is a power solution for those in crypto mining, blockchain nodes, and AI operations. newsfilecorp.com - 2 days ago
Plug Power downgraded to Neutral from Buy at BTIG BTIG analyst Gregory Lewis downgraded Plug Power to Neutral from Buy. The company continues to take the necessary steps to extend its liquidity runway as it waits for hydrogen order momentum to accelerate, but while global hydrogen demand continues to grow, the slope of that growth continues to be lower than expected, the analyst tells investors in a research note. The firm adds that Plug Power's product offering is well positioned for the global hydrogen buildout and its downgrade is a function of demand and more product sales that are needed to improve margins being pushed out. https://thefly.com - 3 days ago
Plug Power: Management Continues To Overpromise And Underdeliver On Tuesday, Plug Power Inc. reported disappointing Q3 2024 results with revenues missing analyst expectations by a mile. With overall backlog at multi-year lows, management lowered full-year expectations substantially and provided initial 2025 guidance well below consensus expectations. Persistent cash usage remains a cause for concern. While Tuesday's convertible debt deal should carry the company into Q1/2025, investors will likely have to prepare for additional dilution next year. seekingalpha.com - 3 days ago
Plug Power Q3 Loss Wider Than Expected, Revenues Miss Estimates PLUG posts third-quarter 2024 results, wherein its revenues decline 12.6% year over year on lower sales of equipment, related infrastructure and other. zacks.com - 3 days ago
What's Really Going On With Plug Power's Disaster Quarter Losses continue to mount and Plug Power's options are dwindling. fool.com - 3 days ago
Plug Power Hosts 2024 Plug Symposium With the theme “Plug Doing Real Things,” the event highlights how Plug is laying the groundwork for the next five years globenewswire.com - 3 days ago
Plug Power (PLUG) Reports Q3 Earnings: What Key Metrics Have to Say The headline numbers for Plug Power (PLUG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 4 days ago
Plug Power Inc. (PLUG) Q3 2024 Earnings Call Transcript Plug Power Inc. (NASDAQ:PLUG ) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Paul Middleton - CFO Sanjay Shrestha - GM, Energy Solutions & CSO Conference Call Participants Colin Rusch - Oppenheimer Saumya Jain - UBS George Gianarikas - Canaccord Genuity Eric Stine - Craig-Hallum Bill Peterson - JPMorgan Craig Irwin - Roth Capital Partners Dushyant Ailani - Jefferies Chris Senyek - Wolfe Research Amit Dayal - H.C. Wainwright Tim Moore - Clear Street Andrew Percoco - Morgan Stanley Kashy Harrison - Piper Sandler Ameet Thakkar - BMO Capital Markets Operator Greetings, and welcome to the Plug Power Third Quarter 2024 Earnings Conference Call and Webcast. seekingalpha.com - 4 days ago
Plug Power (PLUG) Reports Q3 Loss, Misses Revenue Estimates Plug Power (PLUG) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.47 per share a year ago. zacks.com - 4 days ago
Plug Power Stock Keeps Falling on Wider Losses and a Trump Win Hydrogen-technology company Plug Power turned in a wider-than-expected third-quarter loss, and a new administration may mean a less-green energy environment. barrons.com - 4 days ago
8. Profile Summary

Plug Power Inc. PLUG

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 1.7 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 3868
Officers Mr. Martin D. Hull Chief Accounting Officer & Corporate Controller Mr. Dean Fullerton Chief Operating Officer Mr. Keith C. Schmid Executive Vice President of Special Projects Mr. Chris Suriano Executive Vice President of Service Mr. David Mindnich Executive Vice President of Global Manufacturing Ms. Teal Vivacqua Hoyos Director of Marketing Communications Meryl Fritz Manager of Marketing and Communications Mr. Tim Cortes Chief Technology Officer Dr. Preeti Pande Ph.D. Chief Marketing Officer Ms. Tammy Kimble Vice President of Human Resources