- Investing.com
Electrolyzer Ambitions | Discover how nearly 4 gigawatts of planned capacity in Nevada and Uzbekistan could position the company as a major green hydrogen equipment playe |
Analyst Outlook | Price targets range from $1.30 to $1.50, reflecting cautious sentiment as the hydrogen provider navigates execution risks and market adoption challenges |
Liquidity Maneuvers | The company secured $371M through warrant exercises and expects over $275M from electricity rights monetization to address financial stability concerns |
Profitability Quest | Plug Power charts ambitious path toward positive earnings by 2028, targeting quarterly revenue of $300M with 15% gross margins by 2026 |
Metrics to compare | PLUG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipPLUGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.2x | −1.4x | 12.3x | |
PEG Ratio | −0.05 | 0.00 | 0.03 | |
Price / Book | 4.9x | 1.5x | 1.4x | |
Price / LTM Sales | 5.0x | 2.4x | 1.2x | |
Upside (Analyst Target) | 46.8% | 72.8% | 23.7% | |
Fair Value Upside | Unlock | 7.4% | 6.1% | Unlock |
Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.