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Plug Power (PLUG)
NASDAQ:PLUG
Holding PLUG?
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PLUG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.60 - $5.14
Previous CloseN/A
Volume36.66M
Average Volume (3M)69.17M
Market Cap
$2.50B
Enterprise Value$2.56B
Total Cash (Recent Filing)$46.01M
Total Debt (Recent Filing)$50.60M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Feb 27, 2025EPS Estimate
-0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.12
Shares Outstanding911,196,960
10 Day Avg. Volume85,059,888
30 Day Avg. Volume69,172,308
Standard Deviation0.30
R-Squared0.10
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.79
Price to Cash Flow (P/CF)-3.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue3.88
Enterprise Value/Gross Profit-5.04
Enterprise Value/Ebitda-3.92
Forecast
1Y Price Target
$2.84Price Target Upside16.39% Upside
Rating ConsensusHold
Number of Analyst Covering20
Plug Power News
Bulls Say, Bears Say
Bulls Say
Financial SupportThe closing of the $1.66B loan from the U.S. Department of Energy is seen as a significant milestone for Plug Power, providing financial support for their hydrogen production and distribution capacity expansion.
Growth ProspectsPlug Power has secured a purchase agreement for the supply of 3GW of electrolyzer capacity, which is a substantial order that supports their future growth prospects.
Unique Market PositionPlug Power is the only global player able to support the entire ecosystem of producing, transporting, storing, and dispensing green hydrogen.
Bears Say
Financial PerformancePlug provided initial revenue guidance of $850-$950mn, below consensus of $1,112mn, and initial gross margin guidance of -20% to -5%, below consensus of 0.3%.
Market UncertaintyUncertainty around 45V/48E eligibility and elevated operating losses likely cap upside potential.
Regulatory ChallengesThere is uncertainty in the US hydrogen market due to the Inflation Reduction Act rules being in flux and potentially changing with new administration.
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Ownership Overview
0.68% Insiders
11.16% Mutual Funds
0.06% Other Institutional Investors
68.29% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLUG FAQ
What was Plug Power’s price range in the past 12 months?
Plug Power lowest stock price was $1.60 and its highest was $5.14 in the past 12 months.
What is Plug Power’s market cap?
Plug Power’s market cap is $2.50B.
When is Plug Power’s upcoming earnings report date?
Plug Power’s upcoming earnings report date is Feb 27, 2025 which is in 37 days.
How were Plug Power’s earnings last quarter?
Plug Power released its earnings results on Nov 12, 2024. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.243 by -$0.007.
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 -0.23.
How many shares outstanding does Plug Power have?
Plug Power has 911,196,960 shares outstanding.
What happened to Plug Power’s price movement after its last earnings report?
Plug Power reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.243. Following the earnings report the stock price went down -4.02%.
Which hedge fund is a major shareholder of Plug Power?
Among the largest hedge funds holding Plug Power’s share is Coatue Management, LLC. It holds Plug Power’s shares valued at 6M.
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Plug Power Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.84 (16.39% Upside)
$2.84 (16.39% Upside)
Blogger Sentiment
Neutral
PLUG Sentiment 51%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 249.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.78%
12-Months-Change
Fundamentals
Return on Equity
-43.18%
Trailing 12-Months
Asset Growth
-13.34%
Trailing 12-Months
Company Description
Plug Power
New York-based Plug Power, Inc. is an electrical equipment manufacturing company. It develops hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.
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PLUG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant growth in electrolyzer deployment, revenue, and gross margins, as well as strategic partnerships and financial flexibility from a new convertible deal. However, concerns about DOE loan timing, operational challenges, and regulatory uncertainty presented notable risks.Read More>---
PLUG Stock 12 Month Forecast
Average Price Target
$2.84
▲(16.39% Upside)
Technical Analysis
Fuelcell Energy
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Bloom Energy
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Ballard Power Systems
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Nikola
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Cummins
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Energy Fuels
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Best Analysts Covering PLUG
1 Year
1 Year Success Rate
13/27 ratings generated profit
1 Year Average Return
+55.36%
reiterated a buy rating 2 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 48.15% of your transactions generating a profit, with an average return of +55.36% per trade.
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