PLUG Share Price | Plug Power, Inc. Stock Analysis & Recommendation

Q: How big is Plug Power, Inc.?

Market Cap: As of Jun 18, Plug Power, Inc. has a market capitalization of 1,270.72 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, Plug Power, Inc. reported net sales of 642.22 million and a net profit of -2,005.99 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 1,734.14 million and total assets of 3,602.85 million.

Q: What does Plug Power, Inc. do?

Overview:Plug Power, Inc. is a provider of alternative energy technology focused on hydrogen fuel cell systems, operating within the Electronics & Appliances industry and classified as a small-cap company.Financial Snapshot:Most recent Net Sales: 134 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -197 Million (Quarterly Results - Mar 2025) Market-cap: USD 1,270.72 Million (Small Cap)Key Metrics:P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 0.00% Debt Equity: -0.00 Return on Equity: -55.91% Price to Book: 0.68Contact Details:Address: 968 Albany Shaker Rd, LATHAM NY: 12110-1401 Tel: 1 518 7827700 Fax: 1 518 7829060 Website: http://www.plugpower.com

Q: Should I buy, sell or hold Plug Power, Inc.?

Based on the current situation with Plug Power, Inc., it would be advisable to hold your position in the stock. The company is facing some risks, particularly with a negative EBITDA, which indicates that it is not currently generating profit from its operations. Additionally, the stock is trading at levels that are considered risky compared to its historical valuations.While the stock has not generated any returns over the past year, it's worth noting that profits have increased by 9.9%. This suggests some positive momentum in terms of earnings, even if the stock price hasn't reflected that yet.Moreover, the high institutional holdings at 59.85% indicate that experienced investors are confident in the company's fundamentals, as they have increased their stake by 1.86% in the last quarter. This could be a sign of potential future growth.In summary, given the current risks and the mixed signals from the financials, holding your position seems to be the most prudent approach for now.

Q: Is Plug Power, Inc. technically bullish or bearish?

As of 2 September 2025, the technical trend for Plug Power, Inc. has changed from sideways to mildly bearish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum. However, the overall stance is tempered by the weekly and monthly OBV showing mildly bullish and mildly bearish signals, respectively. The moving averages are bullish on a daily basis, which provides some support. In terms of performance, the stock has returned 39.07% over the past week and 26.51% over the past month, significantly outperforming the S&P 500, which returned 1.05% and 2.33% in the same periods. However, year-to-date, the stock is down 1.41%, while the S&P 500 is up 12.22%. Overall, the current technical stance is mildly bearish, influenced by mixed signals across various indicators.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

23.9 M

Shareholding (Sep 2025)

FII

10.51%

Held by 184 FIIs

DII

62.78%

Held by 77 DIIs

Promoter

0.00%

How big is Plug Power, Inc.?

22-Jun-2025

As of Jun 18, Plug Power, Inc. has a market capitalization of 1,270.72 million, with net sales of 642.22 million and a net profit of -2,005.99 million over the latest four quarters. The company reported shareholder's funds of 1,734.14 million and total assets of 3,602.85 million as of Dec 24.

View full answer

What does Plug Power, Inc. do?

22-Jun-2025

Plug Power, Inc. specializes in hydrogen fuel cell systems within the alternative energy sector, reporting net sales of $134 million and a net loss of $197 million as of March 2025. The company has a market cap of $1.27 billion and does not currently pay dividends.

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Should I buy, sell or hold Plug Power, Inc.?

22-Jun-2025

Who are in the management team of Plug Power, Inc.?

22-Jun-2025

As of March 2022, the management team of Plug Power, Inc. includes George McNamee (Independent Chairman), Andrew Marsh (CEO), and several independent directors: Maureen Helmer, Gregory Kenausis, Johannes Roth, Lucas Schneider, and Jonathan Silver. They oversee the company's strategic direction and operations.

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Is Plug Power, Inc. technically bullish or bearish?

20-Sep-2025

As of September 2, 2025, Plug Power, Inc. shows a mildly bearish trend despite recent strong performance, with mixed technical indicators reflecting both bullish and bearish signals.

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Score

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Strong Sell

Sell

Hold

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Strong Buy

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Dashboard

Negative results in Jun 25

INTEREST(Q) At USD 15.94 MM has Grown at 38.76%
DEBT-EQUITY RATIO (HY) Highest at 39.01 %
INVENTORY TURNOVER RATIO(HY) Lowest at 1.43 times

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Electronics & Appliances

Market cap

USD 3,089 Million (Small Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.14

Return on Equity

-73.67%

Price to Book

2.18

Revenue and Profits:

Net Sales:

177 Million

(Quarterly Results - Sep 2025)

Net Profit:

-364 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

51.46%

6 Months

3.19%

1 Year

-12.79%

2 Years

-71.76%

3 Years

-83.77%

4 Years

-91.78%

5 Years

-54.24%

Plug Power, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Plug Power Hits Day Low of $2.24 Amid Price Pressure

Plug Power, Inc. faced a notable decline in its stock price, reaching an intraday low amid a challenging trading session. The company has seen significant decreases over the past week and month, with a long-term performance marked by substantial declines. Its market capitalization is USD 1,691 million, with a low debt-equity ratio but negative return on equity.

Read full news article

Plug Power Stock Hits Day Low of $2.42 Amid Price Pressure

Plug Power, Inc. has faced notable volatility, with its stock declining significantly today. The company has experienced a challenging trading environment, reflected in its recent performance metrics, including a substantial drop over longer periods. Financially, it shows low debt levels but struggles with negative EBITDA and inventory management inefficiencies.

Read full news article

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

20.63%

EBIT Growth (5y)

-263.40%

EBIT to Interest (avg)

-16.11

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.26

Tax Ratio

0.14%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

53.87%

ROCE (avg)

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.57

EV to EBIT

-1.07

EV to EBITDA

-1.17

EV to Capital Employed

0.57

EV to Sales

1.65

PEG Ratio

Dividend Yield

ROCE (Latest)

-53.28%

ROE (Latest)

-55.91%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Mildly Bullish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 48 Schemes (26.7%)

Foreign Institutions

Held by 184 Foreign Institutions (10.51%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is 1.96% vs -12.58% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is -72.11% vs 25.50% in Sep 2024",
        "dir": -1
      }
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    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "177.10",
          "val2": "173.70",
          "chgp": "1.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-236.80",
          "val2": "-193.90",
          "chgp": "-22.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "16.50",
          "val2": "9.10",
          "chgp": "81.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-104.60",
          "val2": "-4.80",
          "chgp": "-2,079.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-363.50",
          "val2": "-211.20",
          "chgp": "-72.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1,394.30%",
          "val2": "-1,216.40%",
          "chgp": "-17.79%",
          "chgp_class": "negative"
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  },
  {
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        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -53.78% vs -89.06% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "628.80",
          "val2": "891.30",
          "chgp": "-29.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-993.70",
          "val2": "-972.90",
          "chgp": "-2.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "46.60",
          "val2": "45.20",
          "chgp": "3.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-961.30",
          "val2": "-288.10",
          "chgp": "-233.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-2,104.90",
          "val2": "-1,368.80",
          "chgp": "-53.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1,714.70%",
          "val2": "-1,171.30%",
          "chgp": "-54.34%",
          "chgp_class": "negative"
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]

Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY

Sep'25

Sep'24

Change(%)

Net Sales

177.10

173.70

1.96%

Operating Profit (PBDIT) excl Other Income

-236.80

-193.90

-22.12%

Interest

16.50

9.10

81.32%

Exceptional Items

-104.60

-4.80

-2,079.17%

Consolidate Net Profit

-363.50

-211.20

-72.11%

Operating Profit Margin (Excl OI)

-1,394.30%

-1,216.40%

-17.79%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Sep 2025 is 1.96% vs -12.58% in Sep 2024

Consolidated Net Profit

YoY Growth in quarter ended Sep 2025 is -72.11% vs 25.50% in Sep 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

628.80

891.30

-29.45%

Operating Profit (PBDIT) excl Other Income

-993.70

-972.90

-2.14%

Interest

46.60

45.20

3.10%

Exceptional Items

-961.30

-288.10

-233.67%

Consolidate Net Profit

-2,104.90

-1,368.80

-53.78%

Operating Profit Margin (Excl OI)

-1,714.70%

-1,171.30%

-54.34%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -29.45% vs 27.07% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -53.78% vs -89.06% in Dec 2023

All Annual Results

Company CV

About Plug Power, Inc.

Plug Power, Inc.

Electronics & Appliances

Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.

Company Coordinates

Company Details

968 Albany Shaker Rd , LATHAM NY : 12110-1401

Tel: 1 518 7827700

http://www.plugpower.com

Registrar Details

Plug Power, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Plug Power, Inc.?

Watch in Real-Time

What does Plug Power, Inc. do?

Should I buy, sell or hold Plug Power, Inc.?

Who are in the management team of Plug Power, Inc.?

Is Plug Power, Inc. technically bullish or bearish?

Compare Plug Power, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Negative results in Jun 25

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Plug Power Hits Day Low of $2.24 Amid Price Pressure

Plug Power Stock Hits Day Low of $2.42 Amid Price Pressure

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Plug Power, Inc.

Company Coordinates