Plug Power/$PLUG

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About Plug Power

Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

Ticker

$PLUG
Primary listing

Employees

3,224

Plug Power Metrics

BasicAdvanced
$1.7B
-
-$2.05
2.35
-

What the Analysts think about Plug Power

Analyst ratings (Buy, Hold, Sell) for Plug Power stock.

Bulls say / Bears say

President Trump's recently passed 'One Big Beautiful' tax bill moves the eligibility deadline for the vital Section 45V clean hydrogen production tax credit forward from 2033 to 2026, creating significant risks for Plug Power’s project pipelines and long-term financing. (Reuters)
The U.S. Department of Energy’s sudden cancellation of more than $3.7 billion in clean-energy grants—including funds intended for hydrogen startups such as Plug Power—highlights the volatility in funding and damages investor confidence. (WSJ)
Globally, economic viability concerns have caused many green hydrogen projects to be canceled or delayed, underlining the risk that high production costs and limited demand could threaten Plug Power’s expansion outlook. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.

Plug Power Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Plug Power Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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