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Plug Power Inc. (PLUG)

Listed on NASDAQ • Industrials / Electrical Equipment & Parts
PLUG logo

Overview

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.

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Key Information

Symbol: PLUG
CEO: Andrew J. Marsh
Exchange: NASDAQ
CIK: 0001093691
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
2.64
Change
0.12
Change %
4.76%
Open
2.56
Previous Close
2.52
High
2.66
Low
2.45
Volume
86,866,336
Market Cap
3,074,901,504
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
1,164,735,355
FloatShares
1,092,918,181
Float Ratio
93.83%
Shares Short
331,367,320
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
28.61%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.8 trading days
Held Percent Insiders
5.29%
Held Percent Institutions
37.52%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-11-10
Earnings Call 2025-11-10
Avg EPS Estimate -0.1307
Low EPS Estimate -0.15
High EPS Estimate -0.0957
Revenue
Avg Revenue Forecast 176,056,200
Low Revenue Forecast 154,143,000
High Revenue Forecast 227,229,730

PLUG Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$140,736,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.451The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.591The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$991,971,008Total liabilities, used together with cash and liquidity ratios to assess debt burden.

PLUG Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$-875,041,024EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-603,555,008Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$-469,599,008Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin-66.51%Gross margin; a higher value indicates stronger product profitability.
Operating Margin-88.26%Operating margin; slightly negative, indicating high operating costs.
Profit Margin-292.84%Net profit margin, which reflects overall profitability.

PLUG Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio56.23%Low leverage level, indicating the company has low debt pressure.
Total Debt$991,971,008Used together with cash and EBITDA to assess debt-paying ability.

PLUG Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)21.40%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for PLUG (Key ratios, margins, and cash flow)

Field Value Description
Current Price$2.64Latest stock trading price
Price Target (High)$7Analyst highest expected price
Price Target (Low)$0.75Analyst lowest expected price
Price Target (Average)$2.78Average target price across analysts
Price Target (Median)$1.75Median of target prices
Average Rating Score2.86Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationholdConsensus rating
Analyst Coverage Count17Number of analysts providing estimates
Cash Holdings$140,736,000Total cash held by the company
Cash per Share$0.12Cash value per outstanding share
Total Debt$991,971,008Company's total debt
Quick Ratio0.451Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.591Overall short-term liquidity
Debt/Equity Ratio56.23%Leverage ratio: Debt / Equity
EBITDA$-875,041,024Earnings before interest, taxes, depreciation & amortization
Total Revenue$672,844,032Total company revenue
Revenue per Share$0.702Total revenue divided by shares outstanding
Gross Profit-66.51%Revenue minus cost of goods sold
Return on Assets-14.52%Net income / Total assets
Return on Equity-83.00%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)21.40%Year-over-year revenue growth
Gross Margin-66.51%Gross profit / Total revenue
EBITDA Margin-130.05%EBITDA / Revenue
Operating Margin-88.26%Operating income / Revenue
Profit Margin-292.84%Net income / Revenue
Free Cash Flow$-469,599,008Cash left after capital expenditures
Operating Cash Flow$-603,555,008Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo