PLUG
Plug Power (PLUG)
NASDAQ
$2.74-$0.06 (-1.97%)
Price as of Jun 23, 2026 3:36 PM EDT
  • $3.9B
    Market Cap
  • 155.96%
    1-Year Change
  • Electrical Equipment & Parts
    Industry

Key Performance

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  • Earnings Score: 28
  • Momentum Score: 22
  • True Yield: N/A
  • Financial Health Score: 6
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Latest Research & News

Eos Energy vs. Plug Power: One Clean Energy Stock Looks Compelling Right Now

The article compares two clean energy companies: Eos Energy Enterprises, which manufactures zinc-based battery storage systems, and Plug Power, which builds a hydrogen ecosystem. Both are currently unprofitable but scaling operations. The author recommends Eos Energy as the better investment for 2026, citing its strong production ramp-up, $600 million backlog, and recent European partnerships, while noting Plug Power's history of missing hydrogen infrastructure timelines despite its profitability target of 2028.

06/22/2026, 4:18 AMThe Motley Fool

The Crowd Is Dumping Plug Power. Here's Why I'd Be Buying It Down 40%.

Plug Power's stock has declined over 40% from its October 2025 high due to concerns about interest rate hikes, reduced clean energy subsidies, and slow hydrogen adoption. However, the author views this pullback as a buying opportunity, citing the company's strong positioning in the growing green hydrogen market, major contracts like the 275 MW electrolyzer deal, and expectations for positive adjusted EBITDA by Q4 2026. The green hydrogen market is projected to expand at 30.2% CAGR through 2033.

06/16/2026, 12:21 PMThe Motley Fool

Forget the SpaceX IPO. This Stock Is a Better Bet for Long-Term Investors.

The article argues that Bloom Energy (BE) is a better long-term investment than the upcoming SpaceX IPO. Bloom Energy manufactures solid oxide fuel cells for onsite power generation and has demonstrated strong financial performance with 130% YoY revenue growth and a move to profitability. While trading at a premium valuation of ~60x forward earnings, the company's growth trajectory and the expanding fuel cell market justify the price for long-term investors. In contrast, SpaceX's IPO is viewed as overhyped, with Morningstar valuing it at roughly half the IPO price, and recent IPOs have historically underperformed after initial enthusiasm fades.

06/10/2026, 11:30 AMThe Motley Fool

Why Plug Power Stock Surged 26% in May But Is Falling Apart Again

Plug Power achieved its first-ever gross profit in Q1 2026, driving a 26% stock surge in May. The company's margins improved significantly through cost-cutting initiatives and vertical integration in hydrogen production. However, the stock has since cooled off. While analysts upgraded price targets to $5 and the company projects profitability by 2028, significant challenges remain including ongoing cash burn, execution risks, and the need to prove consistency after years of project delays.

06/08/2026, 2:15 PMThe Motley Fool

Clean Energy Stocks Are Trending — Here's Why

Clean energy stocks surged on Monday driven by two major catalysts: a July 4, 2026 legislative deadline for the One Big Beautiful Bill Act that incentivizes project starts, and growing AI infrastructure demand requiring significant electricity. Notable movers include SUNation Energy (up 150% on reverse merger announcement), American Battery Technology (up 25% after DOE grant reinstatement), and Nano Nuclear Energy (up 8.8% on EPA support). However, FuelCell Energy declined despite expansion plans due to mixed earnings and insider selling.

06/08/2026, 12:13 PMBenzinga

Kuehn Law Encourages Investors of Plug Power Inc. to Contact Law Firm

Kuehn Law is investigating whether officers and directors of Plug Power Inc. breached fiduciary duties by misrepresenting or failing to disclose material information about DOE Loan fund availability and hydrogen production facility construction. The firm alleges insiders overstated the likelihood of funds becoming available and the company's ability to construct necessary facilities, suggesting Plug Power would pivot toward less commercially viable projects.

06/04/2026, 1:55 PMGlobeNewswire

Plug to Webcast Annual Shareholder Meeting on June 11, 2026

Plug Power Inc. announced its annual shareholder meeting scheduled for June 11, 2026, where CEO Jose Luis Crespo will present a corporate overview. The company also closed the sale of a federal investment tax credit for approximately $39.2 million associated with its hydrogen liquefaction facility in St. Gabriel, Louisiana, strengthening its liquidity position.

06/04/2026, 7:00 AMGlobeNewswire

Plug Power Moves Ahead With Hydrogen Asset Tax Credit Sale

Plug Power sold a $39.2 million federal investment tax credit related to its St. Gabriel hydrogen liquefaction facility in Louisiana to boost liquidity. The facility, commissioned in April 2025, can produce up to 15 tons of hydrogen per day. The stock is trading above key moving averages with bullish momentum, though analysts maintain a Hold rating with a $3.74 price target.

06/02/2026, 2:20 PMBenzinga

Everything Could Change for Plug Power by 2060. Here's 1 Reason to Buy Now, and 2 Reasons Not to.

Plug Power stands to benefit from the hydrogen industry's projected 100-fold growth by 2060, supported by rising regulatory tailwinds and surging investment in hydrogen projects. However, the company faces significant challenges: industry forecasts have been inconsistent (McKinsey predicts only 2-4x growth by 2050), most growth will be backloaded to later decades, and Plug Power's ongoing unprofitability has forced substantial stock dilution that could offset shareholder gains.

05/31/2026, 8:07 PMThe Motley Fool

Bloom Energy vs. Plug Power: Which Hydrogen Stock Is a Better Buy in 2026?

The article compares two hydrogen fuel cell companies: Bloom Energy, which focuses on stationary power systems for data centers and critical infrastructure, and Plug Power, which aims to build a vertically integrated hydrogen network. Despite Plug Power's lower valuation multiple, Bloom Energy is recommended as the better 2026 investment due to its positive free cash flow, strong revenue growth (130% last quarter), profitability improvements, and major partnerships like the $5 billion deal with Brookfield for AI data centers. Plug Power faces profitability challenges with a $1.6 billion net loss in FY2025 and negative free cash flow of $661.5 million.

05/30/2026, 3:02 PMThe Motley Fool

Wall Street Says Plug Power Stock Is a Sell. Here's Why the Bears Are Dead Wrong.

Despite Wall Street analysts maintaining bearish ratings on Plug Power with price targets implying 25-65% declines, the stock has surged over 350% in the past year. The article argues bears may be underestimating the company's potential to capitalize on the AI data-center boom, which requires massive clean energy infrastructure. However, the author acknowledges hydrogen fuel remains expensive and unproven, with Plug Power facing competitive disadvantages against rivals like Bloom Energy.

05/24/2026, 4:30 AMThe Motley Fool

Why Plug Power Stock Soared Today

Plug Power stock surged 14.35% today despite no company announcements. The rally was driven by investor speculation following Bloom Energy's partnership with AI company Nebius to deploy fuel cell technology for data center infrastructure. Additionally, Plug Power showed improving financial health with Q1 2026 gross margins improving to negative 13% from negative 55% year-over-year.

05/21/2026, 7:35 PMThe Motley Fool

Should Investors Buy Plug Power Stock?

Plug Power is positioned to benefit from soaring energy demand driven by AI growth. The article suggests the company's turnaround is working with accelerating revenue growth and improving margins, presenting a potential buying opportunity for investors interested in hydrogen energy stocks.

05/20/2026, 8:08 PMThe Motley Fool

Why Plug Power Stock Skyrocketed This Week

Plug Power stock surged 21.1% this week following strong Q1 2026 earnings that beat Wall Street expectations with $163.5M in sales (vs. $140M expected) and a smaller-than-anticipated $109M net loss. The company issued optimistic forward guidance including 13-15% annual revenue growth, improving quarterly margins, and expectations for positive adjusted EBITDA by Q4. Multiple investment firms raised price targets, with B. Riley increasing its target from $3 to $5 per share.

05/17/2026, 3:10 PMThe Motley Fool

Is Plug Power Stock a Buy as Margins Improve?

Plug Power has demonstrated significant operational improvements in Q1 2026, with gross margins improving from -55% to -13% year-over-year, driven by building its own hydrogen production network and reducing service costs. Revenue grew 22% to $163.5 million, and adjusted losses per share improved to $0.08. However, the company still faces challenges with negative gross margins, significant cash burn (-$158.2M free cash flow), and a history of overpromising. While the stock has surged 80% this year, analysts recommend keeping positions small due to its speculative nature and need to achieve sustained profitability.

05/14/2026, 2:30 PMThe Motley Fool

Peers

Statistics

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Day Range
$2.75
$2.91
$2.79
1-Year Range
$1.09
$4.14
$2.79
Latest Close$2.79
Change
-$0.06 (-2.15%)
Volume35,916,264
Market Cap$3.9B
Shares Outstanding1.4B
P/E (TTM)-2.09
Diluted EPS (TTM)-$1.34
Enterprise Value$4.2B

Information as of 06/22/2026

Company Profile

$3.9B
Market Cap
-$1.7B
Net Income
Sector: Industrials
Industry: Electrical Equipment & Parts
125 Vista Boulevard, Slingerlands, NY, United States, 12159
518 782 7700

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.

Key Executives

  • Paul Middleton
  • Dean Fullerton
  • Andrew J. Marsh
  • Jose Luis Crespo
  • Benjamin Haycraft

Current Ownership Distribution

  • Institutions7.1B (78.48%)
  • Mutual Funds1.9B (21.05%)
  • Insiders42.5M (0.47%)
  • Other0 (0.00%)