Plug Power Inc (PLUG)

Official site

INDUSTRIALS • ELECTRICAL EQUIPMENT & PARTS • NASDAQ

$1.49

+0.04 (+2.41%)

Market Cap: $1.93B

Last updated: Oct 16, 2026 at 5:00 PM ET

Earnings

Performance (10Y)

Beat Rate

28%(11/39)

Avg Surprise

-37.63%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$-0.06

Range$-0.07 - $-0.05

6 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$-0.07+6.6%

60d ago$-0.07+8.0%

30d ago$-0.060.0%

7d ago$-0.060.0%

Current$-0.06

Revenue Consensus

$194M

Range$180M - $251M

14 analysts

Period ending Dec 31, 2026

EPS Consensus$-0.03

Range$-0.17 - $0.03

5 analysts

Revenue Consensus

$316M

Range$301M - $346M

18 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$-0.03	$-0.17 - $0.03	-	-	5	-	-
Sep 30, 2026Sep 26EST	-	$-0.06	$-0.07 - $-0.05	-	-	6	3 0 30d	-
Jun 30, 2026Jun 26 Reported Aug 10, 2026Reported Aug 10	$-0.07	$-0.08	$-0.09 - $-0.07	+12.50%	Beat	9	4 2 30d	+61.1%
Mar 31, 2026Mar 26 Reported May 11, 2026Reported May 11	$-0.18	$-0.10	$-0.13 - $-0.07	-80.00%	Miss	6	0 1 30d	+10.0%
Dec 31, 2025Dec 25 Reported Mar 2, 2026Reported Mar 2	$-0.06	$-0.11	$-0.17 - $-0.06	+42.97%	Beat	10	1 1 30d	+85.3%
Sep 30, 2025Sep 25 Reported Nov 10, 2025Reported Nov 10	$-0.12	$-0.13	$-0.15 - $-0.10	+7.69%	Beat	8	1 1 30d	+50.0%
Jun 30, 2025Jun 25 Reported Aug 11, 2025Reported Aug 11	$-0.18	$-0.16	$-0.19 - $-0.11	-12.50%	Miss	8	No revisions (30d)	+47.1%
Mar 31, 2025Mar 25 Reported May 12, 2025Reported May 12	$-0.20	$-0.20	$-0.27 - $-0.15	+0.00%	Beat	12	1 1 30d	+56.5%
Dec 31, 2024Dec 24 Reported Mar 3, 2025Reported Mar 3	$-0.41	$-0.23	$-0.29 - $-0.19	-76.58%	Miss	13	3 7 30d	+36.2%
Sep 30, 2024Sep 24 Reported Nov 12, 2024Reported Nov 12	$-0.24	$-0.23	$-0.33 - $-0.14	-4.35%	Miss	22	1 0 30d	+46.7%
Jun 30, 2024Jun 24 Reported Aug 8, 2024Reported Aug 8	$-0.34	$-0.29	$-0.41 - $-0.20	-17.24%	Miss	22	7 0 30d	+2.9%
Mar 31, 2024Mar 24 Reported May 9, 2024Reported May 9	$-0.46	$-0.33	$-0.46 - $-0.26	-39.39%	Miss	22	6 0 30d	-39.4%
Dec 31, 2023Dec 23 Reported Mar 1, 2024Reported Mar 1	$-0.64	$-0.42	$-0.86 - $-0.27	-52.38%	Miss	24	1 2 30d	-68.4%
Sep 30, 2023Sep 23 Reported Nov 9, 2023Reported Nov 9	$-0.45	$-0.30	$-0.39 - $-0.17	-50.00%	Miss	23	6 3 30d	-50.0%
Jun 30, 2023Jun 23 Reported Aug 9, 2023Reported Aug 9	$-0.35	$-0.25	$-0.32 - $-0.20	-40.00%	Miss	25	0 1 30d	-12.9%
Mar 31, 2023Mar 23 Reported May 9, 2023Reported May 9	$-0.33	$-0.24	$-0.33 - $-0.17	-37.50%	Miss	23	1 2 30d	-22.2%
Dec 31, 2022Dec 22 Reported Mar 1, 2023Reported Mar 1	$-0.38	$-0.25	$-0.34 - $-0.18	-52.00%	Miss	24	No revisions (30d)	-65.2%
Sep 30, 2022Sep 22 Reported Nov 8, 2022Reported Nov 8	$-0.30	$-0.22	$-0.28 - $-0.18	-36.36%	Miss	24	3 1 30d	-57.9%
Jun 30, 2022Jun 22 Reported Aug 9, 2022Reported Aug 9	$-0.31	$-0.20	$-0.20 - $-0.20	-55.00%	Miss	0	0 1 30d	-72.2%
Mar 31, 2022Mar 22 Reported May 9, 2022Reported May 9	$-0.27	$-0.16	$-0.23 - $-0.06	-68.75%	Miss	22	No revisions (30d)	-125.0%
Dec 31, 2021Dec 21 Reported Mar 1, 2022Reported Mar 1	$-0.23	$-0.11	$-0.18 - $-0.07	-109.09%	Miss	22	1 0 30d	-228.6%
Sep 30, 2021Sep 21 Reported Nov 9, 2021Reported Nov 9	$-0.19	$-0.08	$-0.16 - $-0.04	-137.50%	Miss	21	5 0 30d	-375.0%
Jun 30, 2021Jun 21 Reported Aug 5, 2021Reported Aug 5	$-0.18	$-0.07	$-0.11 - $-0.03	-157.14%	Miss	17	1 0 30d	-500.0%
Mar 31, 2021Mar 21 Reported Jun 22, 2021Reported Jun 22	$-0.12	$-0.09	$-0.12 - $-0.04	-33.33%	Miss	16	1 0 30d	+0.0%
Dec 31, 2020Dec 20 Reported Feb 25, 2021Reported Feb 25	$-0.07	$-0.12	$-0.45 - $-0.06	+41.67%	Beat	12	No revisions (30d)	+0.0%
Sep 30, 2020Sep 20 Reported Nov 9, 2020Reported Nov 9	$-0.04	$-0.07	$-0.10 - $-0.04	+42.86%	Beat	11	No revisions (30d)	+50.0%
Jun 30, 2020Jun 20 Reported Aug 6, 2020Reported Aug 6	$-0.03	N/A	-	+70.00%	Beat	9	No revisions (30d)	+62.5%
Mar 31, 2020Mar 20 Reported May 7, 2020Reported May 7	$-0.12	$-0.11	$-0.14 - $-0.07	-9.09%	Miss	8	No revisions (30d)	+20.0%
Dec 31, 2019Dec 19 Reported Mar 5, 2020Reported Mar 5	$-0.07	$-0.06	$-0.09 - $-0.03	-16.67%	Miss	8	2 0 30d	+0.0%
Sep 30, 2019Sep 19 Reported Nov 7, 2019Reported Nov 7	$-0.08	$-0.07	$-0.10 - $-0.03	-14.29%	Miss	8	2 0 30d	-14.3%
Jun 30, 2019Jun 19 Reported Aug 6, 2019Reported Aug 6	$-0.08	$-0.10	$-0.12 - $-0.08	+20.00%	Beat	6	No revisions (30d)	+0.0%
Mar 31, 2019Mar 19 Reported May 8, 2019Reported May 8	$-0.15	$-0.10	$-0.12 - $-0.07	-50.00%	Miss	6	No revisions (30d)	-114.3%
Dec 31, 2018Dec 18 Reported Mar 7, 2019Reported Mar 7	$-0.07	$-0.06	$-0.09 - $0.03	-16.67%	Miss	8	No revisions (30d)	+22.2%
Sep 30, 2018Sep 18 Reported Nov 8, 2018Reported Nov 8	$-0.07	$-0.08	$-0.11 - $-0.03	+12.50%	Beat	8	2 0 30d	+61.1%
Jun 30, 2018Jun 18 Reported Aug 9, 2018Reported Aug 9	$-0.08	$-0.08	$-0.10 - $-0.05	+0.00%	Beat	7	No revisions (30d)	+20.0%
Mar 31, 2018Mar 18 Reported May 9, 2018Reported May 9	$-0.07	$-0.08	$-0.10 - $-0.08	+12.50%	Beat	5	No revisions (30d)	+46.2%
Dec 31, 2017Dec 17 Reported Mar 7, 2018Reported Mar 7	$-0.09	$-0.07	$-0.08 - $-0.04	-28.57%	Miss	6	1 0 30d	-12.5%
Sep 30, 2017Sep 17 Reported Nov 8, 2017Reported Nov 8	$-0.18	$-0.04	$-0.05 - $-0.02	-350.00%	Miss	3	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Aug 8, 2017Reported Aug 8	$-0.10	$-0.06	$-0.08 - $-0.03	-66.67%	Miss	6	No revisions (30d)	-
Mar 31, 2017Mar 17 Reported May 9, 2017Reported May 9	$-0.13	$-0.07	-	-85.71%	Miss	-	-	-
Dec 31, 2016Dec 16 Reported Mar 9, 2017Reported Mar 9	$-0.08	$-0.06	-	-33.33%	Miss	-	-	-

Key Metrics

Valuation
P/E Ratio	-3.45	EV/EBITDA	N/A
Price/FCF	-3.69x	FCF Yield	-27.13%
Profitability
Profit Margin	-220.60%	Operating Margin	-24.90%
ROE	-145.00%	ROIC	-139.32%
Financial Health
Debt/Equity	1.00x	Interest Coverage	-17.47x
Current Ratio	2.32x	Quick Ratio	1.32x
Trading Statistics
Beta	2.29	Avg Volume	50.08M
52-Week High	$4.33	52-Week Low	$1.35

Technical Indicators Dashboard

Moving Averages

SMA 10$1.70

SMA 20$1.84

SMA 50$2.04

SMA 200$2.44

EMA 10$1.66

EMA 20$1.79

EMA 50$2.01

EMA 200$2.29

MACD

Line: -0.15Signal: -0.11Hist: -0.04

ADX

ADX: 29.0+DI: 11.6-DI: 43.4

Aroon & PSAR

Aroon Up20.0

Aroon Down100.0

PSAR$1.68

Bollinger Bands

Upper Band$2.24

Lower Band$1.45

%B Position4294%(Upper)

Band Width0.05

RSI (14-Day)

Oversold

23.6

Momentum Oscillators

Stoch %K6.5

Stoch %D4.8

Williams %R-87.4

ROC (10d)-21.4%

Momentum-0.41

CCI (20d)-163.6

MFI (14d)27.7

Volatility Measures

ATR (14d)$0.10(6.7%)

StdDev (20d)0.20

Hist Vol43.6%(High)

Volume Flow

VWAP$1.46

OBV-1.6B

AD Line-3.3B

CMF (20d)-0.298

Volume Metrics

Avg Vol (20d)49.7M

Vol Ratio1.1x

VWMA (20d)$1.81

Pivot Points

R3$1.61

R2$1.56

R1$1.51

Pivot Point$1.46

S1$1.41

S2$1.36

S3$1.31

Advanced Oscillators

TSI-41.81

Ultimate Osc32.6

KST-191.07

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$178.30M	$163.51M	$225.22M	$177.06M	$173.97M	$133.67M	$191.47M	$173.73M	$143.35M	$120.26M	$222.16M	$198.71M
Cost of Revenue	$179.97M	$185.12M	$219.77M	$297.22M	$227.44M	$207.53M	$426.00M	$273.75M	$274.61M	$279.34M	$444.45M	$336.68M
Gross Profit	$-1,675,000	$-21,607,000	$5.45M	$-120,165,000	$-53,465,000	$-73,861,000	$-234,532,000	$-100,025,000	$-131,255,000	$-159,075,000	$-222,287,000	$-137,965,000

Operating Expenses	$62.43M	$87.88M	$768.64M	$228.62M	$123.48M	$104.59M	$1.07B	$116.14M	$113.42M	$100.33M	$403.62M	$136.01M
R&D	$13.42M	$12.11M	$12.29M	$16.12M	$12.19M	$17.36M	$13.29M	$19.71M	$18.94M	$25.28M	$30.31M	$27.65M
SG&A	$29.27M	$70.21M	$100.25M	$110.59M	$87.89M	$80.84M	$121.42M	$91.59M	$85.14M	$77.96M	$111.85M	$105.45M
Operating Income	$-64,108,000	$-109,489,000	$-763,194,000	$-348,789,000	$-176,946,000	$-178,456,000	$-1,299,594,000	$-216,168,000	$-244,673,000	$-259,409,000	$-625,911,000	$-273,971,000

Interest Income	$1.92M	$3.38M	$536,000	$1.05M	$-40,005,000	$2.78M	$3.09M	$-1,267,000	$555,000	$-3,836,000	$-10,183,000	$-7,422,000
Interest Expense	$16.98M	$15.55M	$43.62M	$16.46M	$21.41M	$15.14M	$18.87M	$9.15M	$9.51M	$25.37M	$11.48M	$11.80M
Income Before Tax	$-189,895,000	$-245,996,000	$-904,325,000	$-363,413,000	$-228,715,000	$-196,859,000	$-1,338,196,000	$-211,073,000	$-262,709,000	$-295,613,000	$-642,843,000	$-288,208,000
Income Tax Expense	$207,000	$41,000	$252,000	$92,000	$12,000	$0	$-2,568,000	$95,000	$-376,000	$163,000	$-448,000	$-4,729,000

Net Income	$-190,102,000	$-246,037,000	$-904,577,000	$-363,505,000	$-228,727,000	$-196,859,000	$-1,335,628,000	$-211,168,000	$-262,333,000	$-295,776,000	$-642,395,000	$-283,479,000

EBITDA	$-166,276,000	$-225,608,000	$-854,857,000	$-337,282,000	$-152,414,000	$-170,683,000	$-1,304,787,000	$-179,875,000	$-232,095,000	$-244,744,000	$-603,013,000	$-246,728,000
EBIT	$-174,833,000	$-233,825,000	$-861,245,000	$-348,006,000	$-167,297,000	$-184,504,000	$-1,322,415,000	$-200,658,000	$-253,753,000	$-266,405,000	$-621,176,000	$-268,984,000

* Some calculated fields are derived from available data when not provided by source

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Yahoo Finance•Oct 16, 2026 8:11 AM ET10/16/26•Bullish

Plug Power Reports Continued Business Progress, Sets Dates

Plug Power (NASDAQ: PLUG) announced its continued business progress for 2026, including expectations for over 10% revenue growth in Q3 2026 compared to Q3 2025...

GlobeNewswire•Oct 15, 2026 12:11 PM ET10/15/26•Bullish

Plug Power says on track with 2026 revenue growth guidance, supported by margin improvement

Plug Power (PLUG) announced that it is on track to meet its FY 2026 revenue growth guidance. The company expects continued margin improvement and record-low net cash usage to support this growth. Despite the positive...

Seeking Alpha•Oct 15, 2026 3:41 AM ET10/15/26•Somewhat-Bearish

Why Did SOFI, PLUG, ASTS Stocks Plunge To 52-Week Lows?

Shares of SoFi Technologies Inc. (SOFI), Plug Power Inc. (PLUG), and AST SpaceMobile Inc. (ASTS) all dropped to 52-week lows due to various Wall Street concerns and analyst target cuts. SOFI was affected by macroeconomic...

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PLUG Valuation and Fair Value

P/E: -3.5x
Forward P/E: 13.1x
P/FCF: -3.7x
PEG: 0.8x
P/B: 3.6x

See GNG's fair value

PLUG Profitability: Margins, ROIC and FCF

Gross margin: -18.5%
Operating margin: -24.9%
Net margin: -220.6%
ROIC: -139.3%
ROE: -145.0%
FCF margin: -75.3%
FCF yield: -27.1%

PLUG Competitors

Company	Ticker
ManpowerGroup Inc	MAN
Gorman-Rupp Company	GRC
Blue Bird Corp	BLBD
Acuren Corporation	TIC
Insperity Inc	NSP
Intuitive Machines Inc.	LUNR
Werner Enterprises Inc	WERN
Vestis Corporation	VSTS

Sector: Industrials

PLUG Analyst Ratings

Consensus: Hold
Analysts: 20
Strong Buy: 0
Buy: 5
Hold: 12
Sell: 3
Strong Sell: 0

PLUG Bull Case vs Bear Case

Bear case

PLUG has a -220.6% net profit margin.
PLUG beat EPS estimates in 37.5% of its last 8 reported quarters.

PLUG Earnings: Beat Rate and Next Report

Beat rate: 3 of 8 quarters (37.5%)
Average surprise: -13.8%
EPS estimate (fiscal period ending Sep 30, 2026): $-0.06
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 3 up, 0 down

Frequently Asked Questions About PLUG

Does PLUG pay dividends?

Plug Power Inc (PLUG) does not currently pay a regular dividend.

What is PLUG's market cap?

Plug Power Inc (PLUG) has a market capitalization of $1.93B with a current stock price of $1.49.

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