Plug Power (PLUG) Stock Price, News & Analysis

Company Overview

Plug Power Inc. is a hydrogen and fuel cell technology company that develops integrated solutions for generating, storing, distributing and using hydrogen. The company serves commercial and industrial customers seeking alternatives to conventional power sources and fossil fuels.

Its product portfolio includes electrolyzers for producing hydrogen from water, hydrogen-generation and storage systems, fuel cell engines, and stationary power systems. Plug Power also provides hydrogen-fueled material-handling equipment, including systems used to power forklifts and other warehouse vehicles, along with related infrastructure, service and maintenance offerings.

Founded in 1997 and headquartered in Latham, New York, Plug Power has focused on expanding hydrogen applications across logistics, material handling, backup and distributed power, transportation, and industrial markets. The company serves customers in North America and international markets, including Europe, through its equipment, hydrogen supply and infrastructure solutions.

Key Stats

• Today's Range: $2.09 to $2.15
• 50-Day Range: $1.90 to $2.64
• 52-Week Range: $1.48 to $4.58
• Volume: 32.22 million shs
• Average Volume: 50.82 million shs
• Market Capitalization: $2.93 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 51% of companies evaluated by MarketBeat, and ranked 471st out of 667 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 70.8% upside from its current price of $2.10.

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 -1.67, 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 -1.67, 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 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

21.11% 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 5.19.

Change versus previous month

Short interest in Plug Power has recently increased by 0.01%, indicating that investor sentiment is decreasing.

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: 2.7 / 5
• News Sentiment: 0.33

News Sentiment

Plug Power has a news sentiment score of 0.33. 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 lower news sentiment than the 0.76 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Plug Power this week, compared to 9 articles on an average week.

Search Interest

78 people have searched for PLUG on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.

MarketBeat Follows

54 people have added Plug Power to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Plug Power insiders have not sold or bought any 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: 9/12/2026
• 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: +70.8%
• 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: 4.13
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.72 per share
• Price / Book: 2.92

Miscellaneous

• Outstanding Shares: 1,397,190,000
• Free Float: 1,378,053,000
• Market Cap: $2.93 billion
• Optionable: Optionable
• Beta: 2.21