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.
Hydrogen Horizon | Plug Power navigates policy shifts and market volatility in the hydrogen industry, balancing growth potential with operational challenges |
Financial Crossroads | Explore Plug Power's revenue growth and margin improvements, juxtaposed against significant cash burn and revised financial outlooks |
Strategic Pivot | Delve into Plug Power's European expansion strategy and innovative spot pricing program as responses to U.S. market uncertainties |
Analyst Perspectives | Price targets range from $0.90 to $3.00, reflecting diverse views on Plug Power's future amid industry volatility and policy changes |
Metrics to compare | PLUG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipPLUGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.0x | −1.0x | 12.5x | |
PEG Ratio | −0.05 | 0.01 | 0.03 | |
Price/Book | 3.3x | 1.1x | 1.4x | |
Price / LTM Sales | 4.5x | 1.1x | 1.3x | |
Upside (Analyst Target) | −9.3% | 116.7% | 20.0% | |
Fair Value Upside | Unlock | −0.8% | 7.3% | Unlock |