Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane 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; and Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems. It also provides 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; ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. In addition, the company offers 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 to 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.
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 | −1.4x | −1.0x | 12.5x | |
PEG Ratio | 0.48 | 0.03 | 0.03 | |
Price / Book | 2.2x | 1.3x | 1.4x | |
Price / LTM Sales | 4.5x | 2.5x | 1.3x | |
Upside (Analyst Target) | −13.4% | 68.2% | 15.9% | |
Fair Value Upside | Unlock | 1.9% | 6.2% | Unlock |