Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets. The company is actively constructing an end-to-end green hydrogen ecosystem, encompassing its production, efficient storage and delivery, and subsequent energy generation for both mobile and fixed applications. Its technological portfolio includes advanced proton exchange membrane (PEM) and fuel cell systems, fuel processing capabilities, and innovative fuel cell/battery hybrid designs. Furthermore, Plug Power develops the essential infrastructure for green hydrogen generation, storage, and dispensing. Among its flagship offerings is GenDrive, a hydrogen-powered PEM fuel cell system specifically engineered for material handling electric vehicles. GenFuel provides a complete liquid hydrogen fueling solution, covering generation, storage, delivery, and dispensing. GenCare is an IoT-driven service program that ensures ongoing maintenance and on-site support for various Plug Power systems, including GenDrive, GenSure, GenFuel, and ProGen. For stationary power needs, GenSure delivers modular PEM fuel cell power, crucial for backup and grid-support in telecommunications, transportation, and utility sectors. The company also offers GenKey, an integrated, ready-to-use solution for businesses transitioning to fuel cell power. ProGen represents the core fuel cell stack and engine technology, versatile enough for mobile and stationary fuel cell systems, and serving as engines in electric delivery vans. Additionally, GenFuel Electrolyzers are optimized hydrogen generators designed for clean hydrogen production. Plug Power distributes its products through a multi-channel approach, leveraging a direct sales force, collaborations with original equipment manufacturers (OEMs), and an extensive dealer network. The firm boasts significant strategic alliances with prominent entities such as Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. Established in 1997, Plug Power Inc. maintains its corporate headquarters in Latham, New York.
CEO: Jose Luis Crespo. Company website
Plug Power Inc. (PLUG) trades at $2.09, down 1.42% on the day, as of Sep 20, 2026 14:56 UTC.
Plug Power Inc. has a market capitalisation of $2.92B, calculated from the live PLUG share price and shares outstanding.
PLUG has no meaningful price-to-earnings ratio: Plug Power Inc. lost $1.36 per share over the last twelve months, and a P/E is only defined on positive earnings.
Plug Power Inc. generated revenue of $744.09M over the trailing twelve months, which puts the stock at 3.92 times sales.
PLUG has traded between $1.72 and $4.11 over the past 52 weeks, and the last price is 49.1% below that high.
No. Plug Power Inc. is loss-making, with a net margin of -220.59% over the trailing twelve months.
Wall Street analysts rate PLUG Buy, with an average price target of $3.13, 49.8% above the current price.
Plug Power Inc. is classified under the Industrials sector and the Electrical Equipment & Parts industry, and is domiciled in US.
Jose Luis Crespo is the chief executive of Plug Power Inc., which employs 2,344 people.
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