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.
Analyst Outlook | Discover varied analyst perspectives, with price targets ranging from $0.90 to $3.00, reflecting the complex landscape Plug Power navigates |
Global Expansion | Learn about Plug Power's pivot to European markets, including Denmark and France, as it seeks to diversify amid U.S. policy uncertainties |
Financial Crossroads | Delve into Plug Power's revenue growth and profitability challenges, with a focus on the company's strategic shift towards improving margins |
Green Hydrogen Pionee | Explore Plug Power's position as a key player in the green hydrogen market, specializing in fuel cells and renewable hydrogen generation technologies |
Metrics to compare | PLUG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipPLUGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.8x | −3.1x | 12.5x | |
PEG Ratio | −0.04 | −0.03 | 0.03 | |
Price / Book | 2.9x | 1.0x | 1.4x | |
Price / LTM Sales | 4.1x | 3.3x | 1.3x | |
Upside (Analyst Target) | 5.6% | 124.1% | 20.8% | |
Fair Value Upside | Unlock | 8.8% | 6.8% | Unlock |