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Plug Power (PLUG) Competitors

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$1.49 +0.33 (+28.45%)
As of 04:00 PM Eastern

PLUG vs. NOVT, QS, ATKR, ENVX, ENR, RUN, STEM, MVST, FLNC, and EOSE

Should you be buying Plug Power stock or one of its competitors? The main competitors of Plug Power include Novanta (NOVT), QuantumScape (QS), Atkore (ATKR), Enovix (ENVX), Energizer (ENR), Sunrun (RUN), Stem (STEM), Microvast (MVST), Fluence Energy (FLNC), and Eos Energy Enterprises (EOSE). These companies are all part of the "electrical equipment" industry.

Plug Power vs. Its Competitors

Plug Power (NASDAQ:PLUG) and Novanta (NASDAQ:NOVT) are both electrical equipment companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.

Novanta has a net margin of 7.42% compared to Plug Power's net margin of -312.29%. Novanta's return on equity of 15.06% beat Plug Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Plug Power-312.29% -82.21% -47.92%
Novanta 7.42%15.06%7.97%

In the previous week, Plug Power had 10 more articles in the media than Novanta. MarketBeat recorded 15 mentions for Plug Power and 5 mentions for Novanta. Novanta's average media sentiment score of 1.37 beat Plug Power's score of 0.51 indicating that Novanta is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Plug Power
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Novanta
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Plug Power presently has a consensus price target of $1.83, suggesting a potential upside of 23.55%. Novanta has a consensus price target of $160.00, suggesting a potential upside of 23.52%. Given Plug Power's stronger consensus rating and higher possible upside, analysts plainly believe Plug Power is more favorable than Novanta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Plug Power
4 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.06
Novanta
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Novanta has higher revenue and earnings than Plug Power. Plug Power is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Plug Power$628.81M2.70-$2.10B-$2.47-0.60
Novanta$951.70M4.90$64.09M$1.9666.09

43.5% of Plug Power shares are owned by institutional investors. Comparatively, 98.3% of Novanta shares are owned by institutional investors. 1.4% of Plug Power shares are owned by company insiders. Comparatively, 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Plug Power has a beta of 2.17, suggesting that its share price is 117% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.46, suggesting that its share price is 46% more volatile than the S&P 500.

Summary

Novanta beats Plug Power on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PLUG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PLUG vs. The Competition

MetricPlug PowerMACH IndustryIndustrials SectorNASDAQ Exchange
Market Cap$1.70B$24.18B$7.44B$8.89B
Dividend YieldN/A1.02%4.56%4.14%
P/E Ratio-0.6022.3624.6119.71
Price / Sales2.7024.99110.96108.44
Price / CashN/A19.1026.5327.49
Price / Book0.753.624.325.41
Net Income-$2.10B$701.94M$790.28M$248.42M
7 Day Performance35.78%6.07%2.57%2.35%
1 Month Performance68.43%7.74%4.54%4.75%
1 Year Performance-36.48%-9.28%30.42%17.40%

Plug Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PLUG
Plug Power
4.0092 of 5 stars
$1.49
+28.4%
$1.83
+22.7%
-50.2%$1.71B$628.81M-0.603,224Options Volume
High Trading Volume
NOVT
Novanta
3.0286 of 5 stars
$120.22
-0.3%
$160.00
+33.1%
-20.3%$4.33B$949.24M61.403,000News Coverage
Positive News
QS
QuantumScape
0.5012 of 5 stars
$4.18
-2.7%
$5.19
+24.2%
+34.5%$2.34BN/A-4.61850Insider Trade
ATKR
Atkore
2.6443 of 5 stars
$66.63
+0.4%
$79.57
+19.4%
-47.3%$2.25B$3.20B12.855,600
ENVX
Enovix
2.2635 of 5 stars
$7.92
-3.8%
$17.27
+118.1%
-36.0%$1.52B$23.07M-6.14340
ENR
Energizer
4.3135 of 5 stars
$20.14
+1.6%
$31.63
+57.0%
-31.4%$1.46B$2.89B27.625,600
RUN
Sunrun
4.5358 of 5 stars
$6.02
-3.4%
$13.43
+123.1%
-37.4%$1.38B$2.04B-0.5011,058Gap Up
STEM
Stem
2.6569 of 5 stars
$7.81
-6.7%
$22.22
+184.7%
-70.9%$1.30B$144.58M-1.58660News Coverage
MVST
Microvast
1.1673 of 5 stars
$3.72
-5.0%
$3.00
-19.2%
+785.8%$1.21B$379.80M-8.621,921
FLNC
Fluence Energy
3.4237 of 5 stars
$5.45
-6.6%
$8.12
+49.1%
-64.6%$995.80M$2.70B-24.931,595Positive News
EOSE
Eos Energy Enterprises
2.0952 of 5 stars
$4.22
-6.0%
$6.50
+54.0%
+247.2%$959.29M$15.61M-0.95250Gap Up

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This page (NASDAQ:PLUG) was last updated on 6/30/2025 by MarketBeat.com Staff
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