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- $3.0BMarket Cap
- 38.22%1-Year Change
- Electrical Equipment & PartsIndustry
Plug Power (PLUG)
Key Performance
More- Earnings Score: 27
- Momentum Score: 24
- True Yield: N/A
- Financial Health Score: 6
Latest Research & News
The global green hydrogen market is projected to grow from USD 12.5 billion in 2025 to USD 188.9 billion by 2035, driven by demand from carbon-intensive industries seeking low-carbon alternatives and increasing adoption of hydrogen fuel cells in transportation. Major players include Siemens Energy, Nel ASA, ITM Power, and others, with recent developments including Nel ASA's USD 50 million PEM electrolyzer contract in Norway.
07/09/2026, 12:30 AM • GlobeNewswire
Plug Power Expects to Reach Profitability by the End of 2028. Here's What Could Go Wrong.
Plug Power projects it will achieve profitability by the end of 2028, but the company has a long history of missing similar targets. With $1 billion in debt, only $223 million in cash, and a track record of failed profitability forecasts dating back to 2013, investors should be cautious about the company's latest projections and focus on near-term targets like positive EBITDA by end of 2026.
07/02/2026, 3:05 PM • The Motley Fool
Where Will Plug Power Stock Be in 10 Years?
Plug Power, a hydrogen fuel cell technology developer, trades at less than $3 today, down over 98% from its 1999 IPO price of $150. Despite past struggles, the company is experiencing a turnaround with major customers Amazon and Walmart, new electrolyzer contracts, and analyst projections of 18% revenue CAGR through 2028. If growth targets are met, the stock could potentially reach a $50 billion market cap by 2036, delivering multibagger returns for current investors.
06/25/2026, 5:20 PM • The Motley Fool
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 AM • The 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 PM • The 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 AM • The 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 PM • The 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 PM • Benzinga
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 PM • GlobeNewswire
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 AM • GlobeNewswire
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 PM • Benzinga
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 PM • The 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 PM • The 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 AM • The 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 PM • The Motley Fool
Peers
Statistics
MoreInformation as of 07/13/2026
Company Profile
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 (77.61%)
- Mutual Funds2.0B (21.94%)
- Insiders41.3M (0.45%)
- Other0 (0.00%)