Plug Power Inc.(PLUG)NASDAQ
Stock Overview & Analysis
Plug Power Inc. (PLUG) quick overview 2026-02-20
- The stock is currently trading at $1.87, experiencing a short-term pullback within a declining trend—trading below its 50-day average while below the 200-day.
- Analysts appear optimistic, with a 1-year price target of $2.75 (47.1% upside).
- Volatility is elevated (86.05% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (1.90% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
Plug Power Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $3.46B
P/E Ratio
Forward P/E: -5.99
Revenue Growth
Year over Year
Analyst Target
+47.1% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 40.08)
- Fundamentals say: Caution warranted (high leverage concerns)
- Future growth will depend on performance in core Electrical Equipment & Parts operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $991.43M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Electrical Equipment & Parts.
Trading Range
Over the past year, the stock traded between $0.69 and $4.58—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 86.05% annualized volatility and β=1.91, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment
Latest News
Recent headlines and coverage
Is Plug Power (PLUG) Stock a Buy Now?
This hydrogen stock has notched some successes recently. Could it finally be time to click the buy button?
Plug Power (PLUG) Confronts Legal Challenge Amid Hydrogen Expansion Plans
Plug Power Inc. (NASDAQ:PLUG) is one of the best alternative energy stocks to invest in according to analysts. On February 17, a class-action lawsuit was filed against Plug Power Inc. (NASDAQ:PLUG) and certain of its senior executives. The lawsuit, which was filed in the US District Court for the Northern District of New York, alleges […]
Plug Power (PLUG) Valuation Check After Shareholders Approve Doubling Authorized Common Stock
Plug Power (PLUG) has just received shareholder approval to double its authorized common stock to 3.0b shares. This move reshapes its financing options as leadership transitions and operational priorities evolve. See our latest analysis for Plug Power. At a share price of US$1.86, Plug Power has seen a 2.2% 1 day share price return but a weaker 30 day share price return of a 21.19% decline. The 1 year total shareholder return of 5.08% contrasts with much steeper 3 and 5 year total shareholder...
Why Plug Power (PLUG) Outpaced the Stock Market Today
In the closing of the recent trading day, Plug Power (PLUG) stood at $1.86, denoting a +2.2% move from the preceding trading day.
3 of Wall Street’s Favorite Stocks Walking a Fine Line
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Plug Power (PLUG) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Plug Power (PLUG) closed at $1.82, indicating a -3.7% shift from the previous trading day.
Plug Power Stockholders Approve Share Increase to 3B, Reject Charter Vote-Rule Change at Special Meeting
Plug Power (NASDAQ:PLUG) held its 2026 special meeting of stockholders virtually on February 12, 2026, after the meeting was originally convened on January 29 and subsequently adjourned to February 5 and then to February 12. CEO Andy Marsh, who also serves as executive chair of the board, chaired th
Plug Power Share Expansion Fuels Fundraising Hopes Despite Mounting Risks
Plug Power shareholders have approved a charter amendment to double the authorized common share count. The vote clears the way for further capital raising as the company shifts away from some large hydrogen projects. The decision comes alongside class action lawsuits tied to its Department of Energy loan communications and project plans. Plug Power has recently commissioned major green hydrogen infrastructure in Europe, marking a key operational milestone. NasdaqCM:PLUG last closed at...
Frequently Asked Questions
Common investor questions about Plug Power Inc.
Plug Power Inc. (PLUG) is currently trading at $1.87. The RSI (14-day) is at 40.1, indicating neutral territory. Wall Street analysts have a consensus "Hold" recommendation. The mean analyst price target of $2.75 implies 47.1% upside from current levels. Volatility is high at 86.0% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Plug Power Inc. (PLUG): The trailing P/E ratio is not available (the company may not be profitable). The forward P/E is -5.99. Price-to-Book is 1.58. Price-to-Sales is 3.85. Valuation should be compared to Electrical Equipment & Parts industry peers for context, as different sectors trade at different multiples.
Based on 16 analysts covering PLUG, the consensus price target is $2.75. This represents a 47.1% upside from the current price of $1.87. The range spans from a low target of $0.75 to a high target of $7.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "Hold". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Plug Power Inc. (PLUG) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for Plug Power Inc. (PLUG) investors include: 1. High volatility (86.0% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Elevated short interest (25.2% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Electrical Equipment & Parts sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Plug Power Inc.'s (PLUG) current debt and financial health profile: Total debt stands at $991.43M. The debt-to-equity ratio is 66.16, which is moderate and generally manageable for most companies. The current ratio is 1.32, indicating adequate short-term liquidity. The quick ratio is 0.40. The company holds $165.90M in cash and equivalents. Free cash flow is negative at $-270,113,632, which could limit the company's ability to manage debt obligations.