Plug Power Inc.
PLUG | NASDAQ
$2.09
$0 (0.00%)
At close: Sep 21, 2026, 4:00 PM ET
$2.11
+$0.02 (+0.96%)
After-hours:
Sep 21, 2026, 7:59 PM ET
Market Data
Market Cap $2.92B
Enterprise Value $3.58B
Beta 2.22
Average Volume 65.24M
Shares Outstanding (Diluted) 1.39B
Shares Change YoY 23.48%
Institutional Ownership 54.33%
Exchange NASDAQ
ISIN US72919P2020
Price Performance
Price Change 1M -5.9%
Price Change 3M -22.9%
Price Change 6M -7.9%
Price Change YTD -6.3%
Price Change 1Y -21.1%
Price Change 3Y -71.9%
Price Change 5Y -92.3%
1M CAGR (ann.) 1.0%
1Y CAGR (ann.) 4.5%
5Y CAGR (ann.) -38.7%
All-Time CAGR -13.7%
Valuation
PE Ratio -1.54
Forward PE N/A
PEG Ratio -0.04
Forward PEG 0.02
PS Ratio 3.92
Forward PS 3.00
PB Ratio 5.01
P/FCF Ratio -5.44
P/Adj. FCF Ratio -5.21
P/OCF Ratio -5.97
EV/Sales 4.81
EV/EBIT -2.19
EV/EBITDA -2.24
EV/FCF -6.67
Earnings Yield -65.1%
FCF Yield -18.4%
Adj. FCF Yield -19.2%
Financial Health
Net Debt $653.15M
Total Debt $824.57M
Cash & Short-Term Investments $161.89M
Total Assets $2.19B
Current Ratio 2.32
Quick Ratio 1.32
Debt / Equity Ratio 1.41
Debt / EBITDA -0.52
Debt / FCF -1.54
OCF / Debt -0.59
Interest Coverage -7.26
Altman Z-Score -6.20
Piotroski F-Score 4
Margins & Profitability
Gross Profit Margin -18.6%
Operating Profit Margin -70.2%
EBITDA Margin -214.2%
Net Profit Margin -220.6%
FCF Margin -72.0%
Adj. FCF Margin -75.2%
SBC / Revenue 3.1%
SBC Impact (per share) -4.3%
Returns
Return on Assets -74.9%
Return on Equity -176.2%
Return on Invested Capital -29.6%
Return on Capital Employed -30.7%
Return on Tangible Assets -75.8%
Historical Growth (CAGR)
Revenue CAGR 3Y -5.4%
Revenue CAGR 5Y 1.2%
Revenue CAGR 10Y 21.6%
EPS CAGR 3Y 25.5%
EPS CAGR 5Y -7.4%
EPS CAGR 10Y -16.9%
FCF CAGR 3Y 53.5%
FCF CAGR 5Y 11.6%
FCF CAGR 10Y -21.1%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 38
EPS Growth Next 3Y 33.6%
Revenue Growth Next 3Y 26.2%
Earnings Date Nov 8, 2026
EPS Estimate (next Q) -$0.07
EPS Growth Est (next Q) -77.4%
Revenue Est (next Q) $195.28M
Revenue Growth Est (next Q) 10.3%
Fair Value Estimates
Graham Number N/A
Graham Upside N/A
Lynch Fair Value N/A
Lynch Upside N/A
Price Target $3.13
Price Target Upside 49.8%
Cash Flow
Operating Cash Flow $-482.56M
Free Cash Flow $-536.14M
Adj. Free Cash Flow $-559.15M
FCF Per Share -$0.39
OCF Per Share -$0.35
OCF/S Ratio -64.9%
Income Statement
Revenue $744.09M
Gross Profit $-138M
Operating Income $-522M
EBITDA $-1.59B
Net Income $-1.64B
EPS (Diluted) -$1.36
Revenue / Employee $317.44K
Profit / Employee $-700.23K
Employees 2,344
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