Plug Power, Inc.
PLUG
Last
$1.68
Day
-2.9%
1y
-54.2%
5y
-92.9%
52w
-60.0%
SPY YTD
+13.3%
XLI
+6.6%
Earnings
2026-11-0929d
EMA 21
1.93
EMA 50
2.09
EMA 200
2.35
20d high
-20.8%
5y high
-96.3%
5y range
2th
Positions held
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Add it to see shares, cost, and P&L here.
Score
-24
Hold
avoid
Signal
Strong Sell
Target
$1.89
Stop
$1.60
Stop distance
4.8%
Target vs last
+12.5%
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
Bull case
- Plug Power is positioned in the growing hydrogen fuel cell industry, which is expected to see increased demand as companies shift towards sustainable energy solutions.
- Revenue increased by 9% compared to the prior quarter, reaching $178 million.
- Operating margin improved to -24.9%, showing signs of operational efficiency.
Bear case
- The company has a high debt-to-equity ratio of 176.57, indicating potential financial instability.
- Net income for 2025 is projected to be -$1.63 billion, reflecting ongoing profitability challenges.
- The stock has a 'Strong Sell' signal with a score of -24.00, indicating bearish market sentiment.
Fundamentals
| Market cap | $2.42B | Enterprise value | $3.29B | Trailing P/E | — | Forward P/E | -11.66 |
| PEG | 0.84 | Price / book | 4.16 | Beta | 2.29 | Dividend yield | 0.00% |
| Revenue growth | 2.5% | Earnings growth | — | Gross margin | -24.7% | Operating margin | -24.9% |
| Profit margin | -2.2% | ROE | -145.0% | ROA | -12.2% | Debt / equity | 1.77 |
| Current ratio | 2.32 | Free cash flow | -$247.10M | Analyst recommendation | hold | Mean target | $3.54 |
| 52w high | $4.33 | 52w low | $1.70 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $178M | $164M | $225M | $177M | $174M | — |
| Op margin | -24.9% | -63.6% | -47.5% | -139.4% | -88.3% | — |
| Net income | -$188M | -$245M | -$846M | -$362M | -$227M | — |
| Gross margin | -0.9% | -13.2% | 2.4% | -67.9% | -30.7% | — |
| Gross profit | -$1.7M | -$21.6M | $5.5M | -$120M | -$53.5M | — |
| Operating income | -$44.4M | -$104M | -$107M | -$247M | -$154M | — |
- Revenue +9% vs prior quarter ($178M vs $164M).
- Gross margin -0.9% (was -13.2% prior quarter).
- Operating margin expanded to -24.9%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $710M | $629M | $891M | $701M | — |
| Op margin | -95.7% | -171.5% | -117.1% | -93.8% | — |
| Net income | -$1.6B | -$2.1B | -$1.4B | -$724M | — |
| Gross margin | -34.1% | -99.4% | -57.0% | -27.7% | — |
| Gross profit | -$242M | -$625M | -$508M | -$194M | — |
| Operating income | -$680M | -$1.1B | -$1.0B | -$658M | — |
Headline scan
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
No headlines.
Price (daily)
Full chart · RSI · MACD · patternsPLUG · daily-18.0% over 13 sessions
Close EMA21 EMA50 EMA200
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin