Plug Power Inc

Electrical Equipment & Parts

Prices are adjusted according to historical splits.

Plug Power Inc Stock Price


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Company Statistics

Market Cap.:
$6.55 billion
Book Value:
Revenue TTM:
$701.44 million
Operating Margin TTM:
Gross Profit TTM:
Profit Margin:
Return on Assets TTM:
Return on Equity TTM:

Company Profile

Plug Power Inc had its IPO on 1999-10-29 under the ticker symbol PLUG.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Plug Power Inc has a staff strength of 3,353 employees.

Stock update

Shares of Plug Power Inc opened at $11.4 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $11.17 - $11.6, and closed at $11.25.

This is a +1.99% increase from the previous day's closing price.

A total volume of 17,404,966 shares were traded at the close of the day’s session.

In the last one week, shares of Plug Power Inc have increased by +0.27%.

Plug Power Inc's Key Ratios

Plug Power Inc has a market cap of $6.55 billion, indicating a price to book ratio of 2.0992 and a price to sales ratio of 13.0804.

In the last 12-months Plug Power Inc’s revenue was $701.44 million with a gross profit of $-167555000 and an EBITDA of $-606267008. The EBITDA ratio measures Plug Power Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Plug Power Inc’s operating margin was -93.79% while its return on assets stood at -7.02% with a return of equity of -16.71%.

In Q4, Plug Power Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 36.3%.

Plug Power Inc’s PE and PEG Ratio

Forward PE
Trailing PE

Its diluted EPS in the last 12-months stands at $-1.21 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.27. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Plug Power Inc’s profitability.

Plug Power Inc stock is trading at a EV to sales ratio of 10.9932 and a EV to EBITDA ratio of -11.2528. Its price to sales ratio in the trailing 12-months stood at 13.0804.

Plug Power Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$5.76 billion
Total Liabilities
$635.28 million
Operating Cash Flow
Capital Expenditure
$123.54 million
Dividend Payout Ratio

Plug Power Inc ended 2023 with $5.76 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.76 billion while shareholder equity stood at $4.06 billion.

Plug Power Inc ended 2023 with $0 in deferred long-term liabilities, $635.28 million in other current liabilities, 6084000.00 in common stock, $-3120911000.00 in retained earnings and $248.61 million in goodwill. Its cash balance stood at $690.63 million and cash and short-term investments were $2.16 billion. The company’s total short-term debt was $121,077,000 while long-term debt stood at $193.92 million.

Plug Power Inc’s total current assets stands at $3.31 billion while long-term investments were $31.25 million and short-term investments were $1.47 billion. Its net receivables were $191.91 million compared to accounts payable of $245.79 million and inventory worth $645.64 million.

In 2023, Plug Power Inc's operating cash flow was $-658721000.00 while its capital expenditure stood at $123.54 million.

Comparatively, Plug Power Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price
52-Week High
52-Week Low
Analyst Target Price

Plug Power Inc stock is currently trading at $11.25 per share. It touched a 52-week high of $32.05 and a 52-week low of $32.05. Analysts tracking the stock have a 12-month average target price of $23.52.

Its 50-day moving average was $14.23 and 200-day moving average was $18.01 The short ratio stood at 5.32 indicating a short percent outstanding of 0%.

Around 1003.8% of the company’s stock are held by insiders while 5722.3% are held by institutions.

Frequently Asked Questions About Plug Power Inc

The stock symbol (also called stock or share ticker) of Plug Power Inc is PLUG

The IPO of Plug Power Inc took place on 1999-10-29

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Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including liquid green hydrogen production, storage and handling, transportation, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; Liquefaction systems; and Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.


968 Albany Shaker Road, Latham, NY, United States, 12110