Plug Power (1PLUG) AI Stock Analysis
Plug Power
(Milan:1PLUG)
No summary available
Plug Power (1PLUG) vs. iShares MSCI Italy ETF (EWI)
- Market Cap
- EUR 1.83B
- Dividend Yield
- ―
- Average Volume (3M)
- 90.55K
- Price to Earnings (P/E)
- -1.0
- Beta (1Y)
- 0.05
- Revenue Growth
- 3.23%
- EPS Growth
- 46.36%
- Country
- Italy
- Employees
- 2,344
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Electrical Equipment & Parts
Plug Power Business Overview & Revenue Model
Company Description
Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power ge...
Plug Power Earnings Call Summary
The call conveyed clear and measurable operational improvement: stronger revenue, significant sequential and year-over-year margin improvements, sharp reductions in cash burn, meaningful commercial wins in electrolyzers and material handling, and concrete near-term liquidity via asset monetization. Balancing this, several material challenges remain — notably deeply negative fuel and PPA margins, GAAP losses driven in part by non-cash charges, some one-time drivers to OpEx improvement, and execution/timing risk on large electrolyzer projects and asset sales. Overall the momentum and visibility into the second half, coupled with raised guidance and demonstrated cash burn reduction, outweigh the remaining issues.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Plug raised full‑year revenue growth guidance to 15–16% (up from 13–15%) after Q2 revenue of $178M (+9% sequential) and H1 revenue of $342M (+11% YoY); gross margin improved to approximately breakeven (~‑0.9%) from ‑30.7% a year ago and ‑13% last quarter, driven by equipment, service (service revenue $29.8M, +82% YoY; service margin 27%) and fuel (fuel revenue $39.5M, +15% YoY; fuel margin ~‑48.8% vs ‑91% a year ago) improvements, with PPA loss rates improving to ~‑30% from ‑92% a year ago. OpEx declined ~50% YoY to $62M (management still targeting roughly $75M/quarter run‑rate), Q2 net cash usage was ~$61M (‑58% sequential), unrestricted cash was ~$162M (total cash >$670M including $510M restricted), the company has received $47M of an expected ~$80M STREAM tranche and is pursuing >$275M of asset monetization, capex was < $9M in H1, inventory is down ~$28M YTD with at least $100M of inventory reduction planned for the year, material‑handling deployments were 1.67k GenDrive units in Q2, and management expects the second half to be ~40% larger than the first half with equipment‑led volume driving a path to positive EBITDA in Q4 2026 (operating income positive in Q4 2027 and full‑year profitability in 2028).
Plug Power Risk Analysis
Plug Power disclosed 55 risk factors in its most recent earnings report. Plug Power reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksPlug Power Peers Comparison
Overall Rating
ENS73Outperform
BE65Neutral
EOSE53Neutral
FCEL50Neutral
FLUX43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ENS | 73Outperform | $5.77B | 16.75 | 18.48% | 0.67% | 3.73% | 7.60% |
| BE | 65Neutral | $60.07B | 110.00 | 39.60% | ― | 110.59% | 2341.67% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| EOSE | 53Neutral | $688.28M | -0.39 | 55.63% | ― | 533.87% | 31.49% |
| FCEL | 50Neutral | $897.09M | -3.06 | -22.15% | ― | 1.09% | 62.70% |
| FLUX | 43Neutral | $9.30M | -1.18 | -261.63% | ― | -36.58% | 5.31% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IT:1PLUG | Plug Power Inc | 1.23 | -1.09 | -47.01% | |
| ENS | EnerSys | 159.98 | 37.63 | 30.75% | |
| FCEL | Fuelcell Energy | 10.50 | 3.10 | 41.89% | |
| BE | Bloom Energy | 196.25 | 67.20 | 52.07% | |
| FLUX | Flux Power Holdings | 0.45 | -1.77 | -79.59% | |
| EOSE | Eos Energy Enterprises, Inc. | 1.76 | -12.34 | -87.52% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.