Plug Power (PLUG) Stock Price, News & Analysis

Company Overview

Plug Power Inc. is a clean-energy technology company that develops and supplies hydrogen and fuel-cell solutions. Its products include fuel-cell systems and engines for material-handling equipment, backup and stationary power, and other commercial and industrial applications. The company also provides electrolyzers for producing hydrogen, along with hydrogen generation, liquefaction, storage, and delivery services.

Plug Power serves customers in material handling, transportation, power generation, and industrial markets. Its offerings are designed to support the use of hydrogen as an alternative energy source for forklifts, vehicles, data centers, manufacturing facilities, and other applications. The company operates primarily in North America and Europe and has pursued an integrated hydrogen supply model that combines equipment, infrastructure, and fuel services.

Founded in 1997 and headquartered in Latham, New York, Plug Power expanded its capabilities through acquisitions and partnerships in hydrogen production, electrolyzer technology, and related engineering services. Andy Marsh has served as the company’s chief executive officer and has been closely associated with its development as a provider of hydrogen and fuel-cell systems.

Key Stats

• Today's Range: $1.88 to $1.95
• 50-Day Range: $1.86 to $2.32
• 52-Week Range: $1.70 to $4.58
• Volume: 36.70 million shs
• Average Volume: 46.52 million shs
• Market Capitalization: $2.65 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.59
• Consensus Rating: Hold

Plug Power Stock Analysis - MarketRank™

Plug Power scored higher than 64% of companies evaluated by MarketBeat, and ranked 381st out of 651 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Plug Power has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 2 strong buy ratings, 5 buy ratings, 7 hold ratings, and 3 sell ratings.

Upside Potential

Plug Power has a consensus price target of $3.59, representing about 88.8% upside from its current price of $1.90.

Amount of Analyst Coverage

Plug Power has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Plug Power are expected to grow in the coming year, from ($0.26) to ($0.17) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Plug Power is -1.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Plug Power is -1.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Plug Power has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

20.85% of the float of Plug Power has been sold short.

Short Interest Ratio / Days to Cover

Plug Power has a short interest ratio ("days to cover") of 6.09.

Change versus previous month

Short interest in Plug Power has recently decreased by 1.27%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Plug Power does not currently pay a dividend.

Dividend Growth

Plug Power does not have a long track record of dividend growth.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.62

News Sentiment

Plug Power has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Plug Power this week, compared to 9 articles on an average week.

Search Interest

Only 70 people have searched for PLUG on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.

MarketBeat Follows

Only 27 people have added Plug Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Plug Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $496,178.00 in company stock.

Percentage Held by Insiders

1.37% of the stock of Plug Power is held by insiders.

Percentage Held by Institutions

43.48% of the stock of Plug Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/10/2026
• Today: 10/03/2026
• Next Earnings (Estimated): 11/09/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Electrical Equipment
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:PLUG
• CIK: 1093691
• Web: www.plugpower.com
• Phone: (518) 782-7700
• Fax: 518-782-9060
• Employees: 2,582
• Year Founded: 1997

Price Target and Rating

• Average Price Target for Plug Power: $3.59
• High Price Target: $7.00
• Low Price Target: $1.20
• Potential Upside/Downside: +88.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.35
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$1.63 billion
• Net Margins: -220.59%
• Pretax Margin: -228.96%
• Return on Equity: -56.01%
• Return on Assets: -21.09%

Debt

• Debt-to-Equity Ratio: 1.29
• Current Ratio: 2.32
• Quick Ratio: 1.32

Sales & Book Value

• Annual Sales: $709.92 million
• Price / Sales: 3.74
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.72 per share
• Price / Book: 2.64

Miscellaneous

• Outstanding Shares: 1,397,190,000
• Free Float: 1,378,053,000
• Market Cap: $2.65 billion
• Optionable: Optionable
• Beta: 2.28