PLUG icon

Plug Power

0.7853 USD
-0.0264
3.25%
At close May 14, 4:00 PM EDT
After hours
0.7899
+0.0046
0.59%
1 day
-3.25%
5 days
-0.77%
1 month
-25.92%
3 months
-55.38%
6 months
-60.14%
Year to date
-66.30%
1 year
-77.17%
5 years
-80.66%
10 years
-70.14%
 

About: Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

Employees: 3,224

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 64

22% more capital invested

Capital invested by funds: $804M [Q3] → $981M (+$177M) [Q4]

18% more call options, than puts

Call options by funds: $60.3M | Put options by funds: $51.2M

10.19% more ownership

Funds ownership: 40.23% [Q3] → 50.41% (+10.19%) [Q4]

3% more funds holding

Funds holding: 432 [Q3] → 447 (+15) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 119

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$0.75
4%
downside
Avg. target
$1.55
97%
upside
High target
$3
282%
upside

11 analyst ratings

positive
18%
neutral
45%
negative
36%
Piper Sandler
Kashy Harrison
40% 1-year accuracy
17 / 43 met price target
2%upside
$0.80
Underweight
Maintained
14 May 2025
Wells Fargo
Michael Blum
55% 1-year accuracy
18 / 33 met price target
27%upside
$1
Equal-Weight
Maintained
14 May 2025
Canaccord Genuity
George Gianarikas
30% 1-year accuracy
16 / 54 met price target
27%upside
$1
Hold
Maintained
13 May 2025
Susquehanna
Biju Perincheril
38% 1-year accuracy
23 / 61 met price target
59%upside
$1.25
Neutral
Maintained
14 Apr 2025
Seaport Global
Tom Curran
33% 1-year accuracy
2 / 6 met price target
5%downside
$0.75
Sell
Maintained
8 Apr 2025

Financial journalist opinion

Based on 27 articles about PLUG published over the past 30 days

Negative
Benzinga
11 hours ago
JP Morgan Signals Caution On Plug Power's Near-Term Challenges, Withdraws Price Forecast
JP Morgan analyst Bill Peterson reiterated a Neutral rating on Plug Power, Inc. PLUG but has withdrawn the price forecast.
JP Morgan Signals Caution On Plug Power's Near-Term Challenges, Withdraws Price Forecast
Neutral
Seeking Alpha
12 hours ago
Plug Power: Sell On Likely Loss Of Hydrogen Production Tax Credit (Downgrade)
Plug Power Inc. reported improved Q1 2025 results due to a combination of price increases for the company's service offerings and aggressive cost reduction efforts. However, gross margins remained in deeply negative territory and the business continues to consume substantial amounts of cash. While PLUG liquidity appears to be sufficient for the remainder of the year, the low share price has impacted the company's funding options.
Plug Power: Sell On Likely Loss Of Hydrogen Production Tax Credit (Downgrade)
Positive
The Motley Fool
19 hours ago
Is Plug Power Finally Starting to Turn Things Around?
Plug Power (PLUG -10.14%) has struggled throughout its history. The leading hydrogen company hasn't been able to turn a profit, which has forced it to steadily raise outside capital to fund its operations and expansion.
Is Plug Power Finally Starting to Turn Things Around?
Negative
The Motley Fool
1 day ago
Why Plug Power Stock Crashed Today
Hydrogen fuel company Plug Power (PLUG -8.64%) announced revenue grew 11% in the first quarter, but investors are punishing the stock today anyway. Losses continued to mount for the company, even as demand for its hydrogen electrolyzers grew.
Why Plug Power Stock Crashed Today
Positive
Zacks Investment Research
1 day ago
Plug Power Q1 Loss Wider Than Expected, Revenues Beat Estimates
PLUG posts first-quarter 2025 results, wherein its revenues increase 11.1% year over year on growing electrolyzer deliveries and continued demand in material handling.
Plug Power Q1 Loss Wider Than Expected, Revenues Beat Estimates
Neutral
Benzinga
1 day ago
Plug Power Chases Growth Beyond US Tax Credit Hurdles
Plug Power Inc PLUG Monday reported its first-quarter results.
Plug Power Chases Growth Beyond US Tax Credit Hurdles
Positive
Zacks Investment Research
2 days ago
Compared to Estimates, Plug Power (PLUG) Q1 Earnings: A Look at Key Metrics
The headline numbers for Plug Power (PLUG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Plug Power (PLUG) Q1 Earnings: A Look at Key Metrics
Negative
Zacks Investment Research
2 days ago
Plug Power (PLUG) Reports Q1 Loss, Tops Revenue Estimates
Plug Power (PLUG) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.43 per share a year ago.
Plug Power (PLUG) Reports Q1 Loss, Tops Revenue Estimates
Neutral
Seeking Alpha
2 days ago
Plug Power Inc. (PLUG) Q1 2025 Earnings Call Transcript
Plug Power Inc. (NASDAQ:PLUG ) Q1 2025 - Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Teal Hoyos - VP, Marketing and Communications Andy Marsh - CEO Jose Luis Crespo - Chief Revenue Officer Conference Call Participants Bill Peterson - JPMorgan George Gianarikas - Canaccord Genuity Colin Rusch - Oppenheimer Eric Stine - Craig Hallum Dushyant Ailani - Jefferies Operator Greetings, and welcome to the Plug Power First Quarter 2025 Earnings Call. At this time, all participants are in a listen only mode.
Plug Power Inc. (PLUG) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
2 days ago
Plug Reports First Quarter 2025 Financial Results
Commissioning of Louisiana hydrogen plant, global electrolyzer momentum, and improved cash flow positions Plug for continued commercial growth Commissioning of Louisiana hydrogen plant, global electrolyzer momentum, and improved cash flow positions Plug for continued commercial growth
Plug Reports First Quarter 2025 Financial Results
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