Industrials
Plug Power Inc.(PLUG)
Live Price
Offline$2.65
-2.21% today
1Y Change
+143.12%
Window
Jun 23, 2025 โ Jun 17, 2026
- Market Cap
- $3.57B
- Revenue Growth
- +12.9%
- EPS Growth
- +42.4%
- Dividend Yield
- 0.0%
Coverage: 248 bars ยท Jun 23, 2025 โ Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Plug Power Inc. (PLUG) is a Industrials stock with a market cap of $3.57B and listed on NASDAQ. The stock last traded around $2.65 and up 143.1% across the available one-year price window (Jun 23, 2025 โ Jun 17, 2026). Baseline metrics include revenue growth of +12.9%, EPS growth of +42.4%, a dividend yield of 0.0%. What stands out right now is revenue +12.9%, EPS +42.4%, free cash flow +37.8% with operating margin -114.3% and ROIC -37.8%. Valuation sits in the middle of the pack at price/sales 5.0. Stock Foundry combines PLUG price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Industrials peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+12.9% vs +3.6% peer median
Operating Margin
Below sector median
-114.3% vs +16.9% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 11, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +12.9% and EPS at +42.4%, with operating margin around -114.3%.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +0.0% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 11, 2026 | โ | +1.1% | -2.0% | -17.3% |
2026 Mar 2, 2026 | +40.0% | +23.2% | +20.4% | +18.2% |
2025 Nov 10, 2025 | +7.7% | -1.2% | -18.4% | -13.7% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
PLUG
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
PLUG Max Drawdown
-56.66%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for PLUG and SPY.
Company Overview
Plug Power Inc.
NASDAQ Capital Market
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; 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 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. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.
- Leadership
- Jose Luis Crespo
- IPO Date
- Oct 29, 1999
- Employees
- 3.2k
- Street Address
- 968 Albany Shaker Road
- Mailing
- Latham, NY, 12110
- Region
- Latham, NY, US
- Reporting Currency
- USD
- Investor Line
- 518 782 7700
- Last Updated
- May 3, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- โ
- EV/EBITDA
- โ
- Price/Sales
- 5.0
- Price/Book
- 3.7
Growth
- Revenue
- +12.9%
- EPS
- +42.4%
- Free Cash Flow
- +37.8%
Profitability
- Gross Margin
- -34.1%
- Operating Margin
- -114.3%
- Net Margin
- -229.8%
- ROE
- -110.0%
- ROIC
- -37.8%
Balance Sheet
- Debt/Equity
- 1.02
- Current Ratio
- 2.31
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.