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Plug Power Inc. PLUG
Industrials - Electrical Equipment & Parts - NASDAQ - US
Watchlist
$ 1.47
5 %
$ 1.69 B
Market Cap
-0.6
P/E
1. INTRINSIC VALUE

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

The intrinsic value of one PLUG stock under the worst case scenario is HIDDEN Compared to the current market price of 1.47 USD, Plug Power Inc. is HIDDEN

PLUG Intrinsic Value
HIDDEN
SHOW

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

The intrinsic value of one PLUG stock under the base case scenario is HIDDEN Compared to the current market price of 1.47 USD, Plug Power Inc. is HIDDEN

PLUG Intrinsic Value
HIDDEN
SHOW

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

The intrinsic value of one PLUG stock under the best case scenario is HIDDEN Compared to the current market price of 1.47 USD, Plug Power Inc. is HIDDEN

PLUG Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart PLUG

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1M 7.0%
6M -101%
1Y -109.0%
3Y -1141%
5Y -465.0%
All
$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.0$0.5$0.515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
629 M REVENUE
-29.45%
Growth Rates
1Year -29.45%
3Years 7.77%
5Years 22.26%
7Years 24.86%
10Years 25.63%
-2.02 B OPERATING INCOME
-50.34%
Growth Rates
1Year -50.34%
3Years -66.53%
5Years -109.51%
7Years -53.24%
10Years -48.81%
-2.1 B NET INCOME
-53.77%
Growth Rates
1Year -53.77%
3Years -66.02%
5Years -89.80%
7Years -49.34%
10Years -37.29%
-729 M OPERATING CASH FLOW
34.15%
Growth Rates
1Year 34.15%
3Years -26.71%
5Years -68.70%
7Years -42.80%
10Years -33.42%
-402 M INVESTING CASH FLOW
-55.27%
Growth Rates
1Year -55.27%
3Years 38.63%
5Years -95.07%
7Years -37.02%
10Years -82.81%
983 M FINANCING CASH FLOW
15972.75%
Growth Rates
1Year 15972.75%
3Years -35.11%
5Years 24.63%
7Years 45.38%
10Years 18.31%
134 M REVENUE
-30.19%
Growth Rates
1Year -29.45%
3Years 7.77%
5Years 22.26%
7Years 24.86%
10Years 25.63%
-178 M OPERATING INCOME
86.27%
Growth Rates
1Year -50.34%
3Years -66.53%
5Years -109.51%
7Years -53.24%
10Years -48.81%
-197 M NET INCOME
85.26%
Growth Rates
1Year -53.77%
3Years -66.02%
5Years -89.80%
7Years -49.34%
10Years -37.29%
-106 M OPERATING CASH FLOW
19.56%
Growth Rates
1Year 34.15%
3Years -26.71%
5Years -68.70%
7Years -42.80%
10Years -33.42%
-46.6 M INVESTING CASH FLOW
-6.25%
Growth Rates
1Year -55.27%
3Years 38.63%
5Years -95.07%
7Years -37.02%
10Years -82.81%
193 M FINANCING CASH FLOW
-5.28%
Growth Rates
1Year 15972.75%
3Years -35.11%
5Years 24.63%
7Years 45.38%
10Years 18.31%
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%
Averages
1Year -99.38%
3Years -61.35%
5Years 60.64%
7Years 45.27%
10Years 31.31%
-321.21% OPERATING MARGIN
-321.21%
Averages
1Year -321.21%
3Years -189.61%
5Years -21.64%
7Years -24.24%
10Years -36.34%
-334.71% NET MARGIN
-334.71%
Averages
1Year -334.71%
3Years -197.17%
5Years -24.80%
7Years -31.61%
10Years -43.77%
-121.37% ROE
-121.37%
Averages
1Year -121.37%
3Years -62.14%
5Years -46.74%
7Years -457.55%
10Years -348.76%
-58.42% ROA
-58.42%
Averages
1Year -58.42%
3Years -32.97%
5Years -25.98%
7Years -23.65%
10Years -26.30%
-65.48% ROIC
-65.48%
Averages
1Year -65.48%
3Years -37.26%
5Years -28.40%
7Years -24.38%
10Years -27.97%
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 $2.23 , with forecasts ranging from a low of $1.1 to a high of $5 .
PLUG Lowest Price Target Wall Street Target
1.1 USD -25.17%
PLUG Average Price Target Wall Street Target
2.23 USD 51.49%
PLUG Highest Price Target Wall Street Target
5 USD 240.14%
Price
Max Price Target
Min Price Target
Average Price Target
55554444333322221111Aug '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 '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 9
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
3 Mining Stocks to Buy on an AI Boom Tom Yeung here with your Sunday Digest .  The Statue of Liberty, pictured above, is instantly recognizable. investorplace.com - 6 days ago
Energy Plug Technologies and SEETEL New Energy Amplify Strategic Alliance with Exclusive Canadian Rights and Americas Expansion Vancouver, British Columbia--(Newsfile Corp. - July 4, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug") and SEETEL New Energy Co., Ltd. ("SEETEL"), a leading Taiwanese energy storage solutions provider, today announced a significant strategic partnership. newsfilecorp.com - 1 week ago
How a Government Loan Changes the Game for Plug Power For years, the story surrounding Plug Power NASDAQ: PLUG has been one of ambitious vision shadowed by a persistent question: how would it fund its massive growth plans without perpetually burning cash? That narrative has now fundamentally shifted. marketbeat.com - 1 week ago
Why Plug Power Stock Soared Today Plug Power (PLUG 5.00%) stock closed out Thursday's trading with big gains. The company's share price rose 5% in the session amid a 0.8% gain for the S&P 500 and a 1% gain for the Nasdaq Composite. fool.com - 1 week ago
Why Plug Power Stock Skyrocketed 27.6% This Week Shares of Plug Power (PLUG 5.36%) soared this week, up 27.6% as of market close on Thursday. The spike comes as the S&P 500 (^GSPC 0.83%) and Nasdaq-100 were up 1.7% and 1.5%, respectively. fool.com - 1 week ago
Plug Power Eyes Expansion in Green Energy Sector: Can It Deliver Growth? PLUG battles cash burn and weak sales but eyes a turnaround with major hydrogen plant investments and a $1.66B DOE loan. zacks.com - 1 week ago
Investors Heavily Search Plug Power, Inc. (PLUG): Here is What You Need to Know Plug Power (PLUG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. zacks.com - 1 week ago
Should You Buy Plug Power Stock While It's Below $3? Plug Power (PLUG -5.37%), a leading developer of hydrogen charging technologies, has been a disappointing investment over the past year. After reaching a 52-week high of $3.34 per share on July 16, 2024, it declined nearly 60% to its current price of about $1.50. fool.com - 1 week ago
Why Plug Power Stock Skyrocketed 28.5% Today Shares of Plug Power (PLUG 29.31%) jumped on Monday, finishing the day up 28.5%. The spike comes as the S&P 500 (^GSPC 0.52%) and Nasdaq Composite (^IXIC 0.47%) were both up modestly. fool.com - 1 week ago
Plug Power vs. Bloom Energy: Which Fuel Cell Stock Should You Bet On? BE's strong sales growth, rising EPS and expanding global partnerships give it an edge over struggling rival PLUG. zacks.com - 1 week ago
Plug Power Stock Is Rising. Why Hydrogen Just Got a Boost From the Senate Bill. Hydrogen is one of the surprising winners in the latest version of the big Republican tax bill. barrons.com - 1 week ago
Billionaire Philippe Laffont of Coatue Management Is Piling Into 3 Highly Volatile Momentum Stocks Nothing holds more importance on Wall Street than data. The problem is the amount of data announced via earnings reports and economic releases can easily overwhelm investors and allow something of importance to be overlooked. fool.com - 1 week ago
8. Profile Summary

Plug Power Inc. PLUG

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 1.69 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