Plug Power Inc (PLUG)

NASDAQ
Currency in USD
2.100
+0.010(+0.48%)
Real-time Data
PLUG Scorecard
Full Analysis
May have trouble making interest payments on debt
Fair Value
Day's Range
2.0902.200
52 wk Range
1.6005.140
Key Statistics
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Prev. Close
2.09
Open
2.11
Day's Range
2.09-2.2
52 wk Range
1.6-5.14
Volume
57.48M
Average Vol. (3m)
66.42M
1-Year Change
-39.86%
Book Value / Share
3.44
Fair Value
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Fair Value Upside
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PLUG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
2.798
Upside
+33.22%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash
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Plug Power Inc Company Profile

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; 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; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; 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 GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.

Sector
Energy
Employees
3868

Plug Power Inc SWOT Analysis


Market Potential
Analysts project a path to breakeven margins by late 2025, with price targets ranging from $2 to $5, reflecting varied views on Plug Power's future in the evolving clean energy landscape
Financial Tightrope
Delve into Plug Power's liquidity management strategies, including a $200 million convertible debt deal, as it navigates high cash burn rates and funding needs
Green Hydrogen Gambit
Explore Plug Power's ambitious expansion plans in green hydrogen production, despite regulatory hurdles and strict criteria for production tax credits
Hydrogen Hurdles
Plug Power faces significant challenges in its quest for profitability, with negative gross margins and missed financial targets raising concerns about its growth trajectory
Read full SWOT analysis

Plug Power Inc Earnings Call Summary for Q2/2024

  • Plug Power nears completion of 55MW electrolyzers, expecting $70M revenue; partnering with Olin for hydrogen production in Louisiana
  • Secured contracts for 7.5GW, including green ammonia projects in Australia; finalizing $1.7B DOE loan facility
  • New COO Dean Fullerton to enhance efficiency; company aims for sales growth and margin improvement in H2 2024
  • Working to improve liquidity by releasing restricted cash and reducing inventory; expects to close significant ITC transfer for $31M
  • Focus on operational efficiency and strong balance sheet; anticipates regulatory relaxations post-election benefiting the industry
Last Updated: 08/09/2024, 06:42 AM
Read Full Transcript

Compare PLUG to Peers and Sector

Metrics to compare
PLUG
Peers
Sector
Relationship
P/E Ratio
−1.4x−0.8x11.9x
PEG Ratio
0.060.000.03
Price / Book
0.6x1.4x1.4x
Price / LTM Sales
3.0x2.0x1.2x
Upside (Analyst Target)
19.6%2.6%23.7%
Fair Value Upside
Unlock−2.6%6.9%Unlock

Analyst Ratings

7 Buy
16 Hold
4 Sell
Ratings:
27 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 2.798
(+33.22% Upside)

Earnings

Latest Release
Nov 12, 2024
EPS / Forecast
-0.25 / -0.2428
Revenue / Forecast
173.73M / 207.25M
EPS Revisions
Last 90 days

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FAQ

What Is the Plug Power (PLUG) Stock Price Today?

The Plug Power stock price today is 2.10

What Stock Exchange Does Plug Power Trade On?

Plug Power is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Plug Power?

The stock symbol for Plug Power is "PLUG."

What Is the Plug Power Market Cap?

As of today, Plug Power market cap is 1.92B.

What is Plug Power Earnings Per Share?

The Plug Power EPS is -1.99.

What Is the Next Plug Power Earnings Date?

Plug Power will release its next earnings report on Feb 27, 2025.

From a Technical Analysis Perspective, Is PLUG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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