
PLUG POWER INC
PLUGNASDAQTrading Snapshot
- Day Range
- $2.21 β $2.24
- 52-Week Range
- $1.41 β $4.58
- Volume
- $3.72B
- Avg Volume
- $4.90B
- Shares Outstanding
- 1.40B
- Next Earnings
- Sep 12, 2026
Fundamentals Snapshot
- Annual Revenue
- $736M
- Last Q Revenue
- $180M
- P/E Ratio
- β
- P/S Ratio
- 4.0x
- EPS (TTM)
- $-1.32
- Dividend Yield
- β
Why Investors Own PLUG
- βHigh-growth profile β revenue up +11.2% YoY with expanding US Equity exposure.
- βHealthy economics β 66% gross margin and 12% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About PLUG POWER INC
Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets. The company is actively constructing an end-to-end green hydrogen ecosystem, encompassing its production, efficient storage and delivery, and subsequent energy generation for both mobile and fixed applications. Its technological portfolio includes advanced proton exchange membrane (PEM) and fuel cell systems, fuel processing capabilities, and innovative fuel cell/battery hybrid designs. Furthermore, Plug Power develops the essential infrastructure for green hydrogen generation, storage, and dispensing. Among its flagship offerings is GenDrive, a hydrogen-powered PEM fuel cell system specifically engineered for material handling electric vehicles. GenFuel provides a complete liquid hydrogen fueling solution, covering generation, storage, delivery, and dispensing. GenCare is an IoT-driven service program that ensures ongoing maintenance and on-site support for various Plug Power systems, including GenDrive, GenSure, GenFuel, and ProGen. For stationary power needs, GenSure delivers modular PEM fuel cell power, crucial for backup and grid-support in telecommunications, transportation, and utility sectors. The company also offers GenKey, an integrated, ready-to-use solution for businesses transitioning to fuel cell power. ProGen represents the core fuel cell stack and engine technology, versatile enough for mobile and stationary fuel cell systems, and serving as engines in electric delivery vans. Additionally, GenFuel Electrolyzers are optimized hydrogen generators designed for clean hydrogen production. Plug Power distributes its products through a multi-channel approach, leveraging a direct sales force, collaborations with original equipment manufacturers (OEMs), and an extensive dealer network. The firm boasts significant strategic alliances with prominent entities such as Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. Established in 1997, Plug Power Inc. maintains its corporate headquarters in Latham, New York.
Otter Score Breakdown
βAnalyst Ratings
βLatest News & Updates

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Plug Power Nears Gross Margin Breakeven; Material Handling 'Continues to Be a Bright Spot'
PLUG stock rose in early trading after reporting Q2 results, with strong fuel cell demand and cost reduction leading to breakeven GM.

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Plug Power (PLUG) stock surges on Q2 revenue beat, narrowing losses, and raised 2026 growth outlook. Get the key earnings takeaways.
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HC Wainwright & Co. Reiterates Buy on Plug Power, Maintains $7 Price Target
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