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Plug Power Inc.

PLUG | NASDAQ
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$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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