Plug Power, Inc.(PLUG) - Stock detail

Plug Power, Inc.

US
PLUG
Plug Power Inc.(Listing date: 10/29/1999)

Plug Power Inc. is an alternative energy technology company and a pioneer and leader in the hydrogen fuel cell industry. It is engaged in the design, development, manufacturing and commercial application of hydrogen fuel cell systems worldwide, mainly for the industrial off-road (or forklift material handling) market. The company focuses on proton exchange membrane (PEM) fuel cells, fuel processing technologies, and fuel cell/battery hybrid technologies, with a variety of products available. The fuel cell that the company focuses on is an electrochemical device that can generate electricity and heat from hydrogen and oxygen without combustion. The company was incorporated in Delaware, USA on June 27, 1997.

AI Rating

Rating methodology
Latest close (chg%)3.60-2.44%
Buy price
3.60
Target price2.75
Sell price3.45
P/E TTM-1.54
P/E-1.55
Confidence70%
Risk score85/100
AI Summary
Catastrophic financials (-238% net margin, -120% ROE) combined with technical breakdown below key $3.49 support level. Capital preservation prioritized over speculative hydrogen narrative. Immediate exit recommended to reallocate capital.

Alpha Score

0-10
  • Trend（Score 3/10）

    Technical analysis indicates a shift from bullish to cautiously bearish in the short term, with PLUG testing critical support at $3.49-$3.60 following a corrective phase.

  • Valuation（Score 1/10）

    Valuation metrics are challenging due to negative earnings. The P/E ratio is meaningless, the P/B ratio of 1.98 suggests market premium for future growth, and the elevated P/S ratio of 7.07 indicates high expectations. The current price represents a speculative valuation based on future potential rather than fundamentals.

  • Financial strength（Score 3/10）
    Financial health shows a mixed picture with sufficient short-term liquidity but moderately high financial leverage. The company relies significantly on debt financing, which increases financial risk during its capital-intensive growth phase.
  • Profitability（Score 1/10）
    Profitability remains the most critical challenge with persistent and deep losses. The company reports negative net income, negative gross and net margins, and negative return metrics indicating value destruction, despite showing revenue growth.
  • Sentiment（Score 6/10）
    Plug Power receives a near-term buy signal due to a significant liquidity boost from tax credit monetization, though long-term outlook remains speculative pending profitability.
Latest price
$3.60-2.44%
Market cap5.02B
P/E TTM-1.54
P/E-1.55
Volume53.68M
Turnover192.71M