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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 0.9692
-6.21 %
$ 1.05 B
Market Cap
-0.36
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one PLUG stock under the worst case scenario is HIDDEN Compared to the current market price of 0.969 USD, Plug Power Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one PLUG stock under the base case scenario is HIDDEN Compared to the current market price of 0.969 USD, Plug Power Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one PLUG stock under the best case scenario is HIDDEN Compared to the current market price of 0.969 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$0.515 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
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 13.50%
PLUG Average Price Target Wall Street Target
2.26 USD 133.62%
PLUG Highest Price Target Wall Street Target
5 USD 415.89%
Price
Max Price Target
Min Price Target
Average Price Target
55554444333322221111Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '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
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
20.9 K USD 1
9-12 MONTHS
23.7 K USD 1
Bought
250 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
Why Plug Power Stock Popped Today Shares of Plug Power (PLUG 12.12%), the maker of fuel cell systems -- and now also of the hydrogen to fuel them -- shot 13% higher through 1:11 p.m. ET Friday, as investors received encouragement that the company might be able to avoid a devastating (to morale) reverse stock split. fool.com - 1 week ago
Will the Cash Burn Reduction Strategy be a Game Changer for Plug Power? PLUG narrows losses and cuts its cash burn nearly in half as Project Quantum Leap aims to reshape its financial trajectory. zacks.com - 1 week ago
Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. zacks.com - 1 week ago
What's Behind PLUG Stock's Deep Dive? Plug Power (NASDAQ: PLUG), a company specializing in hydrogen fuel cells, is facing severe financial difficulties, resulting in a 60% decline in its stock price year-to-date. Currently priced at just below $1, the stock has dropped over 70% from its 52-week peak of around $3.50. forbes.com - 2 weeks ago
XPENG ($XPEV) | Plug Power ($PLUG) | Eos Energy ($EOSE) | Fusion Fuel Green ($HTOO) Welcome to the Green Stock News brief for Thursday May 29th. Here are today's top headlines: XPENG (NYSE: XPEV) has launched the all-electric MONA M03 Max in China, following the success of the MONA M03 Pro, which reached 120,000 units delivered in record time since its 2024 release. youtube.com - 2 weeks ago
Plug Power Executive Makes a Big Investment: Time to Buy? In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the Plug Power (PLUG 17.48%) CFO's recent open-market purchase of shares in the company. fool.com - 2 weeks ago
Is Trending Stock Plug Power, Inc. (PLUG) a Buy Now? Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. zacks.com - 3 weeks ago
A Key Insider Loaded Up on Plug Power Stock; Should Investors Follow His Lead? It's been a rough road for Plug Power (PLUG -6.90%) stock so far in 2025. Since the start of the year, shares have plummeted more than 62% as of this writing, so it's abundantly clear that the bears are more enthusiastic about the fuel cell and hydrogen stock's prospects than the bulls. fool.com - 3 weeks ago
Down 75%, Is Plug Power a Screaming Buy, or Will It Keep Plunging? Plug Power 's (PLUG -6.90%) stock has gotten pulverized over the past year. Shares are down by 75% over that time span, woefully underperforming the S&P 500 's more than 12% rise over the same period. fool.com - 3 weeks ago
3 Unloved Tech Stocks That Could Go Parabolic Many tech investors like to hunt for companies that could be the next hot stock -- ones that have the potential for quick and steep rallies that defy the broad market's expectations and perhaps even their own underlying fundamentals. fool.com - 3 weeks ago
Plug Power's GenEco Electrolyzers Power Live Customer Demos at The Green Box Innovation Hub Live Demonstration Site in the Netherlands Already Hosting Leading Industrial Plug Customers Live Demonstration Site in the Netherlands Already Hosting Leading Industrial Plug Customers globenewswire.com - 4 weeks ago
Plug Power CFO, Paul Middleton, Underscores Confidence in Financial Strength and Strategic Growth with Share Purchase SLINGERLANDS, N.Y., May 19, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive solutions for the hydrogen economy, today announced that its Chief Financial Officer, Paul Middleton, has purchased Plug's common stock in an open market transaction, underscoring his conviction in Plug's current strategy and future potential to dominate the hydrogen economy at scale. On May 16, 2025, Middleton acquired 350,000 shares at an average price of $0.7154 per share, for a total investment of approximately $250,000. globenewswire.com - 4 weeks ago
8. Profile Summary

Plug Power Inc. PLUG

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 1.05 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