NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

NASDAQ · Electrical Equipment & Parts · USD

Plug Power Inc. (PLUG) Stock Analysis

Plug Power Inc. (PLUG) is a Electrical Equipment & Parts stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

PLUG

$1.41

+$0.01 (+0.71%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare PLUG with… →

PLUG Key Statistics

As of Oct 21, 2026
Trading
Open
$1.44
Previous Close
$1.40
Day's Range
1.37–1.44
52-Week Range
1.34–4.33
Volume
37.14M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.29
Valuation
Market Cap
$1.97B
P/E Ratio
unprofitable
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.84
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.65
EPS (ttm)Profit attributable to each share over the last twelve months.
−1.31
Financials (FY)
Revenue (FY)
$709.92M+12.90%
Net Income (FY)
−$1.63B
Profit marginThe share of revenue left as profit after all costs and taxes.
−220.59%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.40B
1-Year Return
−54.81%
Dividend and dates
Earnings Date
November 9, 2026
Avg Volume
54.46M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PLUG closed at $1.41, −54.81% over 1 year.

Plug Power Inc. (PLUG) has a market capitalization of $1.97B.

In fiscal 2025, PLUG reported revenue of $709.92M.

PLUG Stock Return by Calendar Year

Plug Power Inc. (PLUG) 10-year return: what $10,000 became

1 year
$10,000 $4,519
−54.81%
5 years
$10,000 $419
−95.81%
10 years
$10,000 $8,704
−12.96%

If you had invested $10,000 in Plug Power Inc. (PLUG) 10 years ago, at the close on October 21, 2016, it would have been worth $8,704 at the close on October 21, 2026: −12.96% in total, −1.38% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−28.43%
2025−7.51%
2024−52.67%
2023−63.62%
2022−56.18%
2021−16.75%
2020+973.10%
2019+154.84%
2018−47.46%
2017+96.67%
2016 (partial year)−31.03%

As of October 21, 2026.

PLUG Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$709.92M−$1.63B−229.8%
2024$628.81M−$2.10B−334.7%
2023$891.34M−$1.37B−153.6%
2022$701.44M−$724.01M−103.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$709.92M−$242.04M−$679.57M−$1.63B−229.8%
2024$628.81M−$624.89M−$1.08B−$2.10B−334.7%
2023$891.34M−$507.79M−$1.04B−$1.37B−153.6%
2022$701.44M−$194.36M−$657.86M−$724.01M−103.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PLUG Valuation vs Electrical Equipment & Parts Median

Median of 56 stocks
MetricPLUGElectrical Equipment & Parts medianvs median
P/S ratio2.652.0132% above
Profit margin−220.59%−4.52%216.1 pts below

Medians across 56 Electrical Equipment & Parts stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Plug Power Inc. (PLUG) at $1.97B. The company sits in the Industrials sector, in the Electrical Equipment & Parts industry. Headcount on file is 2,344.

PLUG last closed at $1.41 on October 21, 2026. That is +$0.01 (+0.71%) against the previous close. The 52-week range on file runs from $1.34 to $4.33. The latest close sits 5.22% above that 52-week low.

Financial Health

In fiscal 2025, Plug Power Inc. reported revenue of $709.92M. That is +12.90% against the prior fiscal year, when revenue was $628.81M. The same year closed with a net loss of $1.63B. The reported profit margin is −220.59%. That is 216.1 percentage points below the Electrical Equipment & Parts median of −4.52%. Trailing earnings per share are −1.31.

Across the 4 fiscal years on file, revenue moves from $701.44M in 2022 to $709.92M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.84. Measured against sales, the shares trade at 2.65 times revenue. On price-to-sales that is 32% above the Electrical Equipment & Parts median of 2.01. The medians here are taken across 56 Electrical Equipment & Parts companies that report the metric.

The trailing one-year total return is −54.81%. Measured over 10 years, that is −1.38% a year compounded. The reported beta is 2.29. Annualized volatility over the trailing 10 years is 89.75%.

Growth & Income

The record shows no dividend for PLUG.

Across the complete calendar years on file, 2020 returned +973.10% and 2023 returned −63.62%. Of the 9 complete calendar years on file, 3 finished higher. 2026 is still running; the total return is −28.43% year to date.

Peer Comparison

Plug Power Inc. (PLUG) operates in the Electrical Equipment & Parts industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Plug Power Inc. PLUG $1.97B —
Vertiv Holdings Co VRT $81.68B 48.0
Bloom Energy Corporation BE $65.58B 293.0
Hubbell Incorporated HUBB $24.34B 27.3

The Electrical Equipment & Parts industry average P/E ratio is 33.0x. Plug Power Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Electrical Equipment & Parts Stocks

VRT

Vertiv Holdings Co

$81.68B

 BE

Bloom Energy Corporation

$65.58B

 HUBB

Hubbell Incorporated

$24.34B

 NVT

nVent Electric plc

$23.65B

 FPS

Forgent Power Solutions, Inc.

$10.13B

 AEIS

Advanced Energy Industries, Inc.

$9.91B
View all Electrical Equipment & Parts stocks →

Popular Industrials Stocks

SPCX

Space Exploration Technologies Corp.

$2.10T

 CAT

Caterpillar Inc.

$335.91B

 GE

GE Aerospace

$306.99B

 RTX

RTX Corporation

$258.23B

 GEV

GE Vernova Inc.

$246.60B
View all Industrials stocks →

About Plug Power Inc.

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.

Visit website →