Overview
Plug Power Inc. operates as a leading alternative energy technology provider based in the United States, focusing primarily on the design and manufacture of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. The company's core technology enables environmentally friendly electro-chemical conversion of hydrogen to electricity. Plug Power's suite of products, including fuel cell stacks, hydrogen fueling station installations, and comprehensive maintenance services, underscores its commitment to accelerating the growth of green hydrogen ecosystems across various sectors. Notable initiatives include collaborations with large logistics and retail companies to deploy hydrogen-powered forklifts and partnerships for building extensive hydrogen fueling networks. These strategic efforts exemplify Plug Power’s role in advancing clean energy adoption.
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Basic Stats
The Factor Analysis chart (below right) shows a view of Plug Power Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 458.05 MM |
| Earnings Date | |
| EPS (TTM) | |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | |
| Short Shares Avail. | 0.00 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | 1.96 days |
| Risk Free Rate | 4.05 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | |
| ROE | 0.00 |
| ROIC | |
| CROIC | |
| OCROIC | |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | |
| Profitability | |
| Quality Score | |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | |
| Analyst Sentiment | |
| Fund Sentiment | |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE | 0.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Plug Power Inc. is MX$44.85. The forecasts range from a low of MX$10.40 to a high of MX$137.58. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Plug Power Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2024-05-14 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2024-05-13 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-05-10 | Morgan Stanley | Underweight | Underweight | Maintains |
| 2024-05-10 | TD Cowen | Buy | Buy | Maintains |
| 2024-05-10 | Susquehanna | Neutral | Neutral | Maintains |
| 2024-05-10 | Piper Sandler | Underweight | Underweight | Maintains |
| 2024-04-05 | Citigroup | Neutral | Sell | Downgrade |
| 2024-03-05 | HSBC | Buy | Buy | Maintains |
| 2024-03-05 | Piper Sandler | Underweight | Underweight | Maintains |
| 2024-03-04 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-03-04 | Craig-Hallum | Buy | Buy | Maintains |
| 2024-03-04 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-02-28 | Truist Securities | Hold | Hold | Maintains |
| 2024-02-06 | UBS | Buy | Neutral | Downgrade |
| 2024-02-06 | Seaport Global | Buy | Neutral | Downgrade |
| 2024-02-06 | Redburn Atlantic | Neutral | Initiate | |
| 2024-01-31 | Roth MKM | Neutral | Buy | Upgrade |
| 2024-01-24 | Piper Sandler | Underweight | Underweight | Maintains |
| 2024-01-24 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-01-24 | Susquehanna | Neutral | Neutral | Maintains |
| 2024-01-24 | B. Riley Securities | Buy | Buy | Maintains |
| 2024-01-24 | Roth MKM | Neutral | Neutral | Maintains |
| 2024-01-24 | BMO Capital | Market Perform | Underperform | Downgrade |
| 2024-01-23 | Truist Securities | Hold | Hold | Maintains |
| 2024-01-11 | Susquehanna | Positive | Neutral | Downgrade |
| 2023-12-22 | Craig-Hallum | Buy | Buy | Reiterate |
| 2023-12-19 | Piper Sandler | Neutral | Underweight | Downgrade |
| 2023-12-06 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| 2023-11-16 | Citigroup | Buy | Neutral | Downgrade |
| 2023-11-14 | Johnson Rice | Buy | Hold | Downgrade |
| 2023-11-14 | UBS | Buy | Buy | Maintains |
| 2023-11-14 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2023-11-13 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-11-10 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-11-10 | Truist Securities | Hold | Hold | Maintains |
| 2023-11-10 | JP Morgan | Overweight | Neutral | Downgrade |
| 2023-11-10 | Oppenheimer | Outperform | Perform | Downgrade |
| 2023-11-10 | Northland Capital Markets | Outperform | Market Perform | Downgrade |
| 2023-11-10 | Jefferies | Buy | Hold | Downgrade |
| 2023-11-10 | Susquehanna | Positive | Positive | Maintains |
| 2023-11-10 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2023-10-17 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-10-16 | HC Wainwright & Co. | Buy | Buy | Maintains |
| 2023-10-12 | Susquehanna | Positive | Positive | Maintains |
| 2023-10-10 | Citigroup | Buy | Buy | Maintains |
| 2023-10-05 | JP Morgan | Overweight | Overweight | Maintains |
| 2023-10-02 | Truist Securities | Hold | Hold | Maintains |
| 2023-09-25 | HSBC | Buy | Initiate | |
| 2023-08-31 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2023-08-24 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-08-14 | Susquehanna | Positive | Positive | Maintains |
| 2023-08-11 | Truist Securities | Hold | Hold | Maintains |
| 2023-08-10 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-08-10 | Roth MKM | Buy | Neutral | Downgrade |
| 2023-08-10 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2023-07-17 | Morgan Stanley | Equal-Weight | Equal-Weight | Reiterate |
| 2023-07-14 | Northland Capital Markets | Market Perform | Outperform | Upgrade |
| 2023-07-12 | RBC Capital | Outperform | Outperform | Reiterate |
| 2023-07-06 | Citigroup | Buy | Initiate | |
| 2023-07-05 | Citigroup | Buy | Initiate | |
| 2023-06-15 | Truist Securities | Hold | Hold | Maintains |
| 2023-06-15 | RBC Capital | Outperform | Outperform | Reiterate |
| 2023-05-30 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2023-05-22 | Piper Sandler | Neutral | Neutral | Maintains |
| 2023-05-11 | Northland Capital Markets | Market Perform | Market Perform | Maintains |
| 2023-05-11 | Truist Securities | Hold | Hold | Maintains |
| 2023-05-10 | BMO Capital | Market Perform | Market Perform | Maintains |
| 2023-05-10 | Canaccord Genuity | Hold | Hold | Maintains |
| 2023-05-10 | RBC Capital | Outperform | Maintains | |
| 2023-05-10 | Oppenheimer | Outperform | Maintains | |
| 2023-05-10 | Piper Sandler | Neutral | Maintains | |
| 2023-05-10 | Susquehanna | Positive | Maintains | |
| 2023-05-09 | Truist Securities | Hold | Maintains | |
| 2023-05-01 | JP Morgan | Overweight | Maintains | |
| 2023-04-21 | UBS | Buy | Maintains | |
| 2023-04-18 | Keybanc | Overweight | Sector Weight | Downgrade |
| 2023-04-17 | Piper Sandler | Neutral | Maintains | |
| 2023-04-03 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2023-03-06 | Citigroup | Buy | Maintains | |
| 2023-03-02 | JP Morgan | Overweight | Maintains | |
| 2023-03-02 | BMO Capital | Market Perform | Maintains | |
| 2023-03-02 | RBC Capital | Outperform | Maintains | |
| 2023-03-02 | Keybanc | Overweight | Maintains | |
| 2023-02-23 | RBC Capital | Outperform | Reiterate | |
| 2023-01-26 | JP Morgan | Overweight | Maintains | |
| 2023-01-17 | Keybanc | Overweight | Maintains | |
| 2023-01-10 | Morgan Stanley | Overweight | Maintains | |
| 2023-01-06 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-12-14 | UBS | Buy | Initiate | |
| 2022-11-10 | Citigroup | Buy | Maintains | |
| 2022-11-09 | BMO Capital | Market Perform | Maintains | |
| 2022-11-09 | RBC Capital | Outperform | Maintains | |
| 2022-10-21 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-10-20 | B. Riley Securities | Buy | Maintains | |
| 2022-10-20 | RBC Capital | Outperform | Maintains | |
| 2022-10-20 | Morgan Stanley | Overweight | Maintains | |
| 2022-10-19 | Jefferies | Buy | Initiate | |
| 2022-10-17 | BMO Capital | Market Perform | Maintains | |
| 2022-10-13 | JP Morgan | Overweight | Maintains | |
| 2022-08-26 | Craig-Hallum | Buy | Maintains | |
| 2022-08-18 | Morgan Stanley | Overweight | Maintains | |
| 2022-08-12 | Wells Fargo | Equal-Weight | Maintains | |
| 2022-08-11 | Citigroup | Buy | Maintains | |
| 2022-08-11 | Truist Securities | Hold | Maintains | |
| 2022-08-10 | Susquehanna | Positive | Maintains | |
| 2022-08-10 | JP Morgan | Overweight | Maintains | |
| 2022-08-10 | RBC Capital | Outperform | Maintains | |
| 2022-08-10 | BMO Capital | Market Perform | Maintains | |
| 2022-08-10 | Keybanc | Overweight | Maintains | |
| 2022-08-02 | Northland Capital Markets | Market Perform | Initiate | |
| 2022-07-21 | Morgan Stanley | Overweight | Maintains | |
| 2022-07-19 | Piper Sandler | Neutral | Maintains | |
| 2022-06-29 | JP Morgan | Overweight | Maintains | |
| 2022-06-13 | Morgan Stanley | Overweight | Maintains | |
| 2022-05-13 | RBC Capital | Outperform | Maintains | |
| 2022-05-10 | Craig-Hallum | Buy | Maintains | |
| 2022-03-22 | Morgan Stanley | Overweight | Maintains | |
| 2022-03-07 | Canaccord Genuity | Hold | Maintains | |
| 2022-03-02 | JP Morgan | Overweight | Maintains | |
| 2022-03-02 | RBC Capital | Outperform | Maintains | |
| 2022-01-26 | Susquehanna | Positive | Initiate | |
| 2022-01-24 | Truist Securities | Hold | Maintains | |
| 2022-01-05 | Keybanc | Overweight | Initiate | |
| 2021-11-19 | Morgan Stanley | Overweight | Maintains | |
| 2021-11-10 | RBC Capital | Outperform | Maintains | |
| 2021-10-15 | Morgan Stanley | Overweight | Maintains | |
| 2021-10-15 | RBC Capital | Outperform | Maintains | |
| 2021-10-13 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2021-10-08 | Barclays | Underweight | Equal-Weight | Upgrade |
| 2021-10-01 | BMO Capital | Market Perform | Initiate | |
| 2021-09-23 | Piper Sandler | Neutral | Overweight | Upgrade |
| 2021-09-01 | Wolfe Research | Outperform | Initiate | |
| 2021-08-06 | RBC Capital | Outperform | Maintains | |
| 2021-08-06 | Roth Capital | Buy | Maintains | |
| 2021-07-26 | Citigroup | Buy | Initiate | |
| 2021-07-23 | Citigroup | Buy | Initiate | |
| 2021-07-20 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-06-30 | RBC Capital | Outperform | Initiate | |
| 2021-06-23 | Barclays | Underweight | Maintains | |
| 2021-06-23 | Canaccord Genuity | Buy | Hold | Downgrade |
| 2021-05-28 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-05-28 | BTIG | Buy | Initiate | |
| 2021-05-17 | B. Riley Securities | Buy | Maintains | |
| 2021-05-17 | Barclays | Underweight | Maintains | |
| 2021-04-20 | Evercore ISI Group | Outperform | Initiate | |
| 2021-04-20 | Wells Fargo | Equal-Weight | Initiate | |
| 2021-04-12 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2021-03-30 | Northcoast Research | Neutral | Initiate | |
| 2021-03-17 | Craig-Hallum | Buy | Maintains | |
| 2021-03-17 | Truist Securities | Buy | Hold | Downgrade |
| 2021-03-02 | Barclays | Equal-Weight | Underweight | Downgrade |
| 2021-03-01 | Roth Capital | Buy | Reiterate | |
| 2021-03-01 | JP Morgan | Neutral | Overweight | Upgrade |
| 2021-02-03 | Bernstein | Outperform | Initiate | |
| 2021-01-27 | Piper Sandler | Neutral | Initiate | |
| 2021-01-14 | JP Morgan | Neutral | Initiate | |
| 2021-01-13 | HC Wainwright & Co. | Buy | Maintains | |
| 2021-01-12 | Truist Securities | Buy | Initiate | |
| 2021-01-07 | B. Riley FBR | Buy | Maintains | |
| 2021-01-07 | Cowen & Co. | Outperform | Maintains | |
| 2021-01-07 | HC Wainwright & Co. | Buy | Maintains | |
| 2021-01-07 | Canaccord Genuity | Buy | Maintains | |
| 2020-11-12 | Canaccord Genuity | Buy | Maintains | |
| 2020-11-10 | Roth Capital | Buy | Maintains | |
| 2020-11-10 | HC Wainwright & Co. | Buy | Maintains | |
| 2020-09-28 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2020-09-18 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-08-14 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-07-09 | Barclays | Overweight | Equal-Weight | Downgrade |
| 2020-07-07 | Citic Securities | Overweight | Initiate | |
| 2020-06-30 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-06-24 | Canaccord Genuity | Buy | Maintains | |
| 2020-06-24 | HC Wainwright & Co. | Buy | Maintains | |
| 2020-06-17 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-06-04 | Barclays | Overweight | Initiate | |
| 2020-05-05 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-04-15 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-03-10 | H.C. Wainwright | Buy | Maintains | |
| 2020-03-06 | Canaccord Genuity | Buy | Maintains | |
| 2019-11-25 | B. Riley | Buy | Maintains | |
| 2019-11-11 | Roth Capital | Neutral | Buy | Upgrade |
| 2019-01-30 | Roth Capital | Sell | Neutral | Upgrade |
| 2018-08-23 | Oppenheimer | Outperform | Initiate | |
| 2017-12-01 | Canaccord Genuity | Buy | Initiate | |
| 2017-05-17 | Roth Capital | Neutral | Sell | Downgrade |
| 2016-12-06 | Rodman & Renshaw | Buy | Initiate | |
| 2016-03-14 | Roth Capital | Neutral | Maintains | |
| 2015-12-18 | FBR Capital | Outperform | Initiate | |
| 2015-07-28 | Craig-Hallum | Buy | Initiate | |
| 2015-04-17 | Dougherty | Buy | Initiate | |
| 2015-04-09 | Morgan Stanley | Equal-Weight | Initiate | |
| 2014-05-15 | Cowen & Co. | Market Perform | Outperform | Upgrade |
| 2014-03-14 | Cowen & Co. | Outperform | Market Perform | Downgrade |
| 2014-03-14 | Roth Capital | Buy | Neutral | Downgrade |
| 2014-01-21 | Cowen & Co. | Outperform | Initiate | |
| 2025-08-12 | BMO Capital | Underperform | Underperform | Maintains |
| 2025-04-14 | Susquehanna | Neutral | Neutral | Maintains |
| 2024-11-15 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-08-09 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2024-08-09 | Craig-Hallum | Buy | Buy | Maintains |
| 2024-11-14 | Craig-Hallum | Buy | Buy | Maintains |
| 2024-11-14 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2024-11-14 | Piper Sandler | Underweight | Underweight | Maintains |
| 2024-11-14 | BTIG | Buy | Neutral | Downgrade |
| 2024-11-13 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2025-03-21 | UBS | Neutral | Neutral | Maintains |
| 2025-01-27 | Seaport Global | Neutral | Sell | Downgrade |
| 2024-11-13 | Canaccord Genuity | Hold | Hold | Maintains |
| 2024-11-13 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2024-10-03 | Jefferies | Hold | Hold | Maintains |
| 2024-07-22 | Piper Sandler | Underweight | Underweight | Maintains |
| 2025-03-05 | Canaccord Genuity | Hold | Hold | Maintains |
| 2025-03-05 | BMO Capital | Underperform | Underperform | Maintains |
| 2025-03-05 | Susquehanna | Neutral | Neutral | Maintains |
| 2025-03-05 | Piper Sandler | Underweight | Underweight | Maintains |
| 2025-03-05 | B. Riley Securities | Buy | Buy | Maintains |
| 2025-03-05 | Truist Securities | Hold | Hold | Maintains |
| 2025-03-05 | HC Wainwright & Co. | Buy | Buy | Maintains |
| 2025-03-06 | Morgan Stanley | Underweight | Underweight | Maintains |
| 2025-01-16 | Susquehanna | Neutral | Neutral | Maintains |
| 2024-11-18 | HC Wainwright & Co. | Buy | Buy | Maintains |
| 2024-08-12 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-08-12 | Truist Securities | Hold | Hold | Maintains |
| 2024-08-12 | Susquehanna | Neutral | Neutral | Maintains |
| 2024-08-12 | Canaccord Genuity | Hold | Hold | Maintains |
| 2025-03-25 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2025-03-24 | HC Wainwright & Co. | Buy | Buy | Reiterate |
| 2025-08-14 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2025-04-08 | Seaport Global | Sell | Sell | Maintains |
| 2025-05-14 | Piper Sandler | Underweight | Underweight | Maintains |
| 2025-05-14 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-13 | Canaccord Genuity | Hold | Hold | Maintains |
| 2025-05-19 | Morgan Stanley | Underweight | Underweight | Maintains |
| 2025-07-23 | Jefferies | Hold | Hold | Maintains |
| 2025-07-21 | Susquehanna | Neutral | Neutral | Maintains |
| 2025-05-20 | Jefferies | Hold | Hold | Maintains |
