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Plug Power (PLUG) Stock Price & Analysis

24,300 Followers

PLUG Stock Chart & Stats

$1.45$0.10(7.41%)
At close: 4:00 PM EST
$1.5$2Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$1.37 - $1.48
52-Week Range
$1.30 - $4.33
Previous Close
$1.35
Volume
N/A
Average Volume (3M)
53.32M
Market Cap
$2.03B
Enterprise Value
$4.50B
Total Cash (Recent Filing)
$161.89M
Total Debt (Recent Filing)
$823.10M
Price to Earnings (P/E)
―
Beta
0.82
Next Earnings
Nov 09, 2026 (Est.)
EPS Estimate
-0.07
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Revenue And Margin Improvement

Higher revenue guidance alongside a sharp improvement toward breakeven gross margin indicates better operating execution and plant utilization. If sustained, this combination can support stronger contribution margins, reduce dependence on external funding, and improve the path toward future profitability.

Material-handling Expansion

The large deployment increase and planned customer refreshes provide evidence of expanding adoption in material handling. A sizable installed base can support recurring service revenue and future equipment demand, creating a more durable commercial foundation than isolated project sales.

Electrolyzer Commercial Pipeline

Multiple electrolyzer awards, final investment decisions, and front-end engineering selections demonstrate commercial traction across several geographies. Regulatory implementation and subsidy programs may broaden demand, supporting a potentially scalable infrastructure growth opportunity over coming periods.

Bears Say

Deep Unprofitability

The company is still selling below cost at the gross-profit level while absorbing very large net losses. This indicates that revenue growth has not yet translated into sustainable economics, leaving profitability highly dependent on further cost reductions, mix improvement, and successful scaling.

Persistent Cash Burn And Leverage

Heavy cash consumption limits the company’s ability to finance operations and growth internally, while rising leverage reduces financial flexibility. Continued negative cash generation could require external funding and make execution more sensitive to delays in monetizations or operating improvement.

Negative Fuel And PPA Economics

Improving losses are encouraging, but these businesses still destroy gross profit and therefore remain a material drag on consolidated economics. Sustainable profitability requires substantial additional improvement in utilization, production efficiency, pricing, or contract performance across these segments.

Plug Power News

PLUG FAQ

What was Plug Power’s price range in the past 12 months?
Plug Power lowest stock price was $1.30 and its highest was $4.33 in the past 12 months.
What is Plug Power’s market cap?
Plug Power’s market cap is $2.03B.
When is Plug Power’s upcoming earnings report date?
Plug Power’s next earnings report is estimated for Nov 09, 2026 (not yet confirmed), which is in 1 day.
How were Plug Power’s earnings last quarter?
Plug Power released its earnings results on Aug 10, 2026. The company reported -$0.14 earnings per share for the quarter, missing the consensus estimate of -$0.078 by -$0.062.
Is Plug Power overvalued?
According to Wall Street analysts Plug Power’s price is currently Undervalued.
Does Plug Power pay dividends?
Plug Power does not currently pay dividends.
What is Plug Power’s EPS estimate?
Plug Power’s EPS estimate is -0.07.
How many shares outstanding does Plug Power have?
Plug Power has 1,397,195,300 shares outstanding.
What happened to Plug Power’s price movement after its last earnings report?
Plug Power reported an EPS of -$0.14 in its last earnings report, missing expectations of -$0.078. Following the earnings report the stock price went up 5.213%.
Which hedge fund is a major shareholder of Plug Power?
Hedge funds hold Plug Power shares: the largest hedge-fund position in Plug Power is 71,886,214 shares, and hedge funds increased their holdings by 32.0M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology