Tearsheet

Plug Power (PLUG)

Market Price (11/6/2025): $2.52 | Market Cap: $2.8 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

Plug Power (PLUG)

Market Price (11/6/2025): $2.52
Market Cap: $2.8 Bil
Sector: Industrials
Industry: Electrical Components & Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Weak multi-year price returns 2Y Excs Rtn is -114%, 3Y Excs Rtn is -159%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -906 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -135%
1		Stock price has recently run up significantly 6M Rtn6 month market price return is 240%
2		Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.7%
3		Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -90%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -122%
4		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -71%
5		High stock price volatility Vol 12M is 120%
6		Short seller report

0	Weak multi-year price returns 2Y Excs Rtn is -114%, 3Y Excs Rtn is -159%
1	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -906 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -135%
2	Stock price has recently run up significantly 6M Rtn6 month market price return is 240%
3	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.7%
4	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -90%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -122%
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -71%
6	High stock price volatility Vol 12M is 120%
7	Short seller report

Market Valuation & Key Metrics

	11/6/25	2024	2023	2022	2021
Share Price CYE	$2.52	$2.13	$4.50	$12.37	$28.23
Market Cap CYE ($ Bil)	2.8	1.9	2.7	7.2	16.3
Total Debt ($ Bil)	1.0	1.1	1.0	0.9	0.8
Total Cash ($ Bil)	0.1	0.2	0.1	2.2	3.9
Enterprise Value ($ Bil)	3.7	3.0	3.7	8.1	17.1
Valuation Ratios
P/S TTM	4.2	2.7	3.0	10.2	31.4
P/EBIT TTM	-1.5	-0.8	-2.0	-10.5	-36.4
P/E TTM	-1.4	-0.8	-2.0	-9.9	-34.3
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4	1.1	1.6
P/EBIT TTM (Sector)	11.7	10.2	10.2	8.3	12.1
P/E TTM (Sector)	15.9	13.8	14.2	11.3	15.6

	11/6/25	2024	2023
Share Price CYE	$2.52	$2.13	$4.50
Market Cap CYE ($ Bil)	2.8	1.9	2.7
Total Debt ($ Bil)	1.0	1.1	1.0
Total Cash ($ Bil)	0.1	0.2	0.1
Enterprise Value ($ Bil)	3.7	3.0	3.7
Valuation Ratios
P/S TTM	4.2	2.7	3.0
P/EBIT TTM	-1.5	-0.8	-2.0
P/E TTM	-1.4	-0.8	-2.0
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4
P/EBIT TTM (Sector)	11.7	10.2	10.2
P/E TTM (Sector)	15.9	13.8	14.2

	PLUG	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.7
Rev Chg Q	21.4%	6.9%
Rev Chg LTM	-1.7%	5.6%
Rev Chg 3Y Avg	7.8%	5.3%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.9
CFO LTM ($ Bil)	-0.6
Net Inc LTM ($ Bil)	-2.0
Op Mgn LTM	-134.7%	18.8%
CFO/Rev LTM	-89.7%	20.4%
Net Inc Mgn	-292.8%	12.9%
VALUATION	MODERATE
P/S	4.2	3.2
P/CFO	-4.7	15.4
P/FCF	-3.5	20.3
P/E	-1.4	23.8
STABILITY	FAIR
Debt/Equity	0.35	0.21
Cash/Assets	0.04	0.07

AI Generated Analysis | Feedback

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PLUG Stock

Return (1M):

Factor Drivers of Stock Movement

The 80.8% change in PLUG stock from 8/6/2025 to 11/5/2025 was primarily driven by a 105.6% change in the company's P/S Multiple.

	8062025	11052025	Change
Stock Price ($)	1.46	2.64	80.82%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	642.22	672.84	4.77%
P/S Multiple	2.15	4.42	105.60%
Shares Outstanding (Mil)	945.77	1126.63	-19.12%
Cumulative Contribution			74.21%

LTM = Last Twelve Months as of date shown

The 240.4% change in PLUG stock from 5/7/2025 to 11/5/2025 was primarily driven by a 297.1% change in the company's P/S Multiple.

	5072025	11052025	Change
Stock Price ($)	0.78	2.64	240.43%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	628.81	672.84	7.00%
P/S Multiple	1.11	4.42	297.11%
Shares Outstanding (Mil)	902.62	1126.63	-24.82%
Cumulative Contribution			219.46%

LTM = Last Twelve Months as of date shown

The 4.8% change in PLUG stock from 11/5/2024 to 11/5/2025 was primarily driven by a 63.0% change in the company's P/S Multiple.

	11052024	11052025	Change
Stock Price ($)	2.52	2.64	4.76%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	684.49	672.84	-1.70%
P/S Multiple	2.71	4.42	62.95%
Shares Outstanding (Mil)	736.85	1126.63	-52.90%
Cumulative Contribution			-24.55%

LTM = Last Twelve Months as of date shown

The -82.2% change in PLUG stock from 11/6/2022 to 11/5/2025 was primarily driven by a -94.9% change in the company's Shares Outstanding (Mil).

	11062022	11052025	Change
Stock Price ($)	14.79	2.64	-82.15%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	597.90	672.84	12.53%
P/S Multiple	14.30	4.42	-69.09%
Shares Outstanding (Mil)	578.04	1126.63	-94.90%
Cumulative Contribution			-98.23%

LTM = Last Twelve Months as of date shown

Why The Stock Moved

AI Generated Analysis | Feedback

Here are the key points highlighting why Plug Power's stock moved by 76% from approximately July 31, 2025, to today:

1. Strong Q2 2025 Financial Performance and Improved Gross Margins: Plug Power announced a 21% year-over-year revenue increase in its Q2 2025 results, reaching $174 million. The company also demonstrated a significant improvement in its gross margin, moving from negative 92% in the prior year to negative 31%, and stated a goal of achieving gross margin neutrality by the fourth quarter of 2025.

2. Securing a $1.66 Billion Department of Energy Loan Guarantee: Plug Power received a conditional commitment for a substantial $1.66 billion loan guarantee from the U.S. Department of Energy. This funding is designated for the development, construction, and ownership of up to six green hydrogen production facilities across the United States.

3. Expansion of Strategic Partnerships and Project Deployments: The company entered into significant new agreements, including a binding supply agreement with Allied Biofuels FE LLC for up to 2 gigawatts of its GenEco PEM electrolyzer systems for a sustainable aviation fuel and green diesel project in Uzbekistan. Additionally, Plug Power formed a strategic partnership with Edgewood Renewables to develop a renewable fuel facility in North Las Vegas, Nevada.

4. Extension of Key Hydrogen Supply Agreement: Plug Power extended a multi-year enhanced supply agreement through 2030 with a major U.S.-based industrial gas company. This extension aims to secure reliable hydrogen supply while immediately reducing costs and improving cash flows for Plug Power.

5. Positive Analyst Rating Upgrades and Price Target Increases: During this period, several financial analysts issued more optimistic ratings and raised their price targets for Plug Power stock. For instance, TD Cowen raised its price target to $4.50 from $3.00 with a "Buy" rating, and HSBC Global Res upgraded the stock to a "strong-buy" rating with a $4.40 price objective.

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Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
PLUG Return	973%	-17%	-56%	-64%	-53%	24%	-16%
Peers Return	10%	11%	-28%	63%	67%	28%	208%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	110%
Monthly Win Rates [3]
PLUG Win Rate	83%	42%	33%	33%	33%	60%
Peers Win Rate	47%	52%	37%	47%	63%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
PLUG Max Drawdown	-13%	-41%	-59%	-72%	-64%	-67%
Peers Max Drawdown	-40%	-10%	-50%	-19%	-13%	-29%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: POWL, VICR, AZZ, ENR, ADSE. See PLUG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/5/2025 (YTD)

How Low Can It Go

Unique Key	Event	PLUG	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-95.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	2039.8%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-51.7%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	107.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	99 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-67.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	211.9%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	328 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-84.8%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	556.2%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	4145 days	1480 days

Compare to POWL, VICR, AZZ, ENR, ADSE

In The Past

Plug Power's stock fell -95.3% during the 2022 Inflation Shock from a high on 1/26/2021. A -95.3% loss requires a 2039.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Plug Power (PLUG)

Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the mobility, material handling, and stationary power markets in North America and internationally. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing internet of things-based maintenance and service program for GenDrive and GenSure fuel cells, GenFuel hydrogen storage and dispensing products, and ProGen engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzer, a hydrogen generator optimized for clean hydrogen production. The company offers its products to retail distribution and manufacturing businesses through a direct product sales force, original equipment manufacturers, and dealer networks. It has a strategic partnership with Airbus SE to decarbonize air travel and airport operations with green hydrogen; and Fortescue Future Industries to manufacture electrolyzer technology in Australia. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

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Better Bets than Plug Power (PLUG)

	PLUG	Better Performance than PLUG
Metric	Value	Industry (Electrical Components & Equipm)
Rev Chg LTM	-1.7%	ETN (8.2%), EMR (4.8%), VRT (28.8%), AME (3.7%), BE (44.5%)
Rev Chg 3Y Avg	7.8%	ETN (9.7%), EMR (24.9%), VRT (21.4%), BE (21.8%), NVT (9.7%)
Op Mgn LTM	-134.7%	ETN (19.0%), EMR (18.8%), VRT (18.0%), AME (26.2%), ROK (15.5%)
CFO/Rev LTM	-89.7%	ETN (15.4%), EMR (17.8%), VRT (16.1%), AME (24.7%), ROK (18.9%)
FCF/Rev LTM	-121.8%	ETN (12.5%), EMR (15.4%), VRT (14.1%), AME (22.9%), ROK (16.4%)
Total Yield	-66.2%	ETN (2.9%), EMR (4.0%), VRT (1.5%), AME (3.8%), ROK (3.8%)

	PLUG	Better Performance than PLUG
Metric	Value	Sector (Industrials)
Rev Chg LTM	-1.7%	GE (17.7%), RTX (8.8%), UBER (18.2%), GEV (9.4%), BA (10.2%)
Rev Chg 3Y Avg	7.8%	GE (15.7%), RTX (9.4%), UBER (19.6%), BA (10.1%), ETN (9.7%)
Op Mgn LTM	-134.7%	GE (20.5%), CAT (18.2%), RTX (10.3%), UBER (9.2%), GEV (3.7%)
CFO/Rev LTM	-89.7%	GE (17.2%), CAT (18.0%), RTX (9.3%), UBER (18.1%), GEV (9.1%)
FCF/Rev LTM	-121.8%	GE (14.7%), CAT (12.3%), RTX (5.5%), UBER (17.5%), GEV (6.6%)
Total Yield	-66.2%	GE (2.5%), CAT (4.5%), RTX (4.3%), UBER (8.6%), GEV (1.3%)

	PLUG	Better Performance than PLUG
Metric	Value	All Other Sectors
Rev Chg LTM	-1.7%	NVDA (71.6%), AAPL (6.0%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%)
Rev Chg 3Y Avg	7.8%	NVDA (92.0%), MSFT (13.2%), GOOGL (11.0%), AMZN (11.3%), AVGO (24.0%)
Op Mgn LTM	-134.7%	NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), GOOGL (32.2%), AMZN (11.4%)
CFO/Rev LTM	-89.7%	NVDA (46.6%), AAPL (26.6%), MSFT (50.0%), GOOGL (39.3%), AMZN (18.1%)
FCF/Rev LTM	-121.8%	NVDA (43.6%), AAPL (23.5%), MSFT (26.6%), GOOGL (19.1%), AMZN (2.0%)
Total Yield	-66.2%	NVDA (1.8%), AAPL (2.8%), MSFT (3.4%), GOOGL (3.9%), AMZN (2.7%)

		Best Bets In Industrials Sector
	PLUG	GATX	VRSK	PAYX	ADT	AME	NDSN	TDG	PCTY	FTV	VRRM
What You Pay
P/E	-1.5	17.5	32.4	25.3	10.4	31.1	28.9	38.1	35.9	27.6	71.1
P/EBIT	-1.5	8.4	22.1	18.4	5.2	24.7	19.6	18.5	25.8	13.4	21.1
What You Get
Rev Chg Q	21.4%	8.4%	5.9%	10.2%	4.4%	10.8%	12.1%	9.3%	12.5%	2.3%	16.1%
Rev Chg LTM	-1.7%	10.7%	7.3%	5.6%	6.3%	3.7%	4.5%	12.8%	13.3%	27.9%	8.5%
Rev Chg 3Y Avg	7.8%	10.3%	13.4%	6.5%	3.4%	5.9%	3.6%	18.2%	21.4%	9.4%	9.1%
FCF/Rev 3Y Avg	-175.6%	39.2%	33.2%	31.6%	24.7%	23.2%	21.5%	20.8%	21.5%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Plug Power Stock Fell 32% in a Month, What Now?	Return
2	Day 9 of Gains Streak for Plug Power Stock with 88% Return (vs. 24% YTD) [9/22/2025]	Notification
3	Day 8 of Gains Streak for Plug Power Stock with 55% Return (vs. 2.3% YTD) [9/21/2025]	Notification
4	Day 7 of Gains Streak for Plug Power Stock with 49% Return (vs. -1.4% YTD) [9/18/2025]	Notification
5	Plug Power (PLUG) Revenue Comparison	Financials
6	Plug Power (PLUG) Operating Income Comparison	Financials
7	Plug Power (PLUG) Net Income Comparison	Financials
8	Plug Power (PLUG) Operating Cash Flow Comparison	Financials
9	Plug Power (PLUG) Debt Comparison	Financials
10	Plug Power (PLUG) Tax Expense Comparison	Financials
11	ARTICLES
12	What’s Happening With PLUG Stock?		October 10th, 2025
13	PLUG Stock Up 88% after 9-Day Win Streak		September 23rd, 2025
14	PLUG Stock Up 55% after 8-Day Win Streak		September 22nd, 2025
15	PLUG Stock Up 49% after 7-Day Win Streak		September 19th, 2025
16	Why Is Plug Power Stock Riding High?		September 18th, 2025

	Title
0	DASHBOARDS
1	Plug Power Stock Fell 32% in a Month, What Now?
2	Day 9 of Gains Streak for Plug Power Stock with 88% Return (vs. 24% YTD) [9/22/2025]
3	Day 8 of Gains Streak for Plug Power Stock with 55% Return (vs. 2.3% YTD) [9/21/2025]
4	Day 7 of Gains Streak for Plug Power Stock with 49% Return (vs. -1.4% YTD) [9/18/2025]
5	Plug Power (PLUG) Revenue Comparison
6	Plug Power (PLUG) Operating Income Comparison
7	Plug Power (PLUG) Net Income Comparison
8	Plug Power (PLUG) Operating Cash Flow Comparison
9	Plug Power (PLUG) Debt Comparison
10	Plug Power (PLUG) Tax Expense Comparison
11	ARTICLES
12	What’s Happening With PLUG Stock?
13	PLUG Stock Up 88% after 9-Day Win Streak
14	PLUG Stock Up 55% after 8-Day Win Streak
15	PLUG Stock Up 49% after 7-Day Win Streak
16	Why Is Plug Power Stock Riding High?

Trade Ideas

Select past ideas related to PLUG. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
GEO_10312025_Dip_Buyer_FCFYield	10312025	GEO	GEO	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-0.9%	-0.9%	-3.5%
RUN_10312025_Short_Squeeze	10312025	RUN	Sunrun	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-0.8%	-0.8%	-8.2%
PLPC_10312025_Quality_Momentum_RoomToRun_10%	10312025	PLPC	Preformed Line Products	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-0.1%	-0.1%	-0.6%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper	10172025	VRSK	Verisk Analytics	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.9%	-7.9%	-10.5%
CARR_10102025_Dip_Buyer_ValueBuy	10102025	CARR	Carrier Global	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	0.7%	0.7%	-0.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
GEO_10312025_Dip_Buyer_FCFYield	10312025	GEO	GEO	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-0.9%	-0.9%	-3.5%
RUN_10312025_Short_Squeeze	10312025	RUN	Sunrun	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-0.8%	-0.8%	-8.2%
PLPC_10312025_Quality_Momentum_RoomToRun_10%	10312025	PLPC	Preformed Line Products	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-0.1%	-0.1%	-0.6%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper	10172025	VRSK	Verisk Analytics	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.9%	-7.9%	-10.5%
CARR_10102025_Dip_Buyer_ValueBuy	10102025	CARR	Carrier Global	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	0.7%	0.7%	-0.8%

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KW	Kennedy-Wilson	1.4	31.4%	2.7%
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VCYT	Veracyte	3.6	30.0%	16.3%
DAWN	Day One Biopharmaceuticals	0.9	29.8%	-27.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.4	-63.1%	47.6%
SOC	Sable Offshore	0.5	-57.2%	-75.2%
FMC	FMC	1.7	-54.0%	-71.3%
BHVN	Biohaven	0.9	-53.9%	-77.7%
DD	DuPont de Nemours	16.6	-51.8%	-47.2%
ALVO	Alvotech	1.4	-38.2%	-63.1%
WOLF	Wolfspeed	3.2	-36.7%
SVV	Savers Value Village	1.3	-35.2%	-16.1%
NWL	Newell Brands	1.3	-34.7%	-66.5%
APLS	Apellis Pharmaceuticals	2.5	-33.6%	-37.5%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	3.5	216.4%	113.9%
INBX	Inhibrx Biosciences	1.3	145.6%	434.2%
TERN	Terns Pharmaceuticals	1.7	127.7%	228.3%
VTYX	Ventyx Biosciences	0.6	126.1%	311.0%
PUMP	ProPetro	1.1	99.3%	16.2%
VICR	Vicor	4.3	95.1%	96.4%
REPL	Replimune	0.8	84.5%	-29.1%
SNDK	SanDisk	31.4	79.0%
CSIQ	Canadian Solar	1.7	73.3%	124.8%
ATXS	Astria Therapeutics	0.7	68.9%	41.2%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	0.5	-70.6%	-75.2%
FMC	FMC	1.7	-57.1%	-71.3%
QURE	uniQure	1.4	-55.0%	47.6%
DD	DuPont de Nemours	16.6	-49.8%	-47.2%
FI	Fiserv	35.3	-49.5%	-68.8%
LRN	Stride	3.1	-48.6%	-30.8%
ONDS	Ondas	0.9	-45.9%	134.4%
BHVN	Biohaven	0.9	-44.5%	-77.7%
LAC	Lithium Americas	1.0	-44.3%	55.2%
ALVO	Alvotech	1.4	-43.5%	-63.1%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
SLDP	Solid Power	1.5	51.6%	350.3%
LMND	Lemonade	5.8	34.2%	114.6%
RIGL	Rigel Pharmaceuticals	0.7	33.4%	125.0%
TDC	Teradata	2.6	32.6%	-11.8%
KW	Kennedy-Wilson	1.4	31.2%	2.7%
SEDG	SolarEdge Technologies	2.4	28.9%	201.6%
VCYT	Veracyte	3.6	27.5%	16.3%
AIP	Arteris	0.6	26.1%	52.4%
DAWN	Day One Biopharmaceuticals	0.9	25.2%	-27.9%
ALGT	Allegiant Travel	1.3	25.1%	-22.9%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
BHVN	Biohaven	0.9	-40.2%	-77.7%
TREX	Trex	3.5	-31.1%	-53.0%
SLNO	Soleno Therapeutics	2.4	-26.6%	4.3%
PRGO	Perrigo	2.1	-25.2%	-39.3%
WWW	Wolverine World Wide	1.4	-24.3%	-23.1%
PINS	Pinterest	17.4	-21.8%	-11.2%
ACMR	ACM Research	2.0	-19.9%	106.2%
RPD	Rapid7	0.9	-19.9%	-64.6%
INNV	InnovAge	0.5	-17.6%	1.5%
SUPN	Supernus Pharmaceuticals	2.6	-17.4%	30.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	126.8%	228.3%
SLDP	Solid Power	1.5	54.2%	350.3%
CSIQ	Canadian Solar	1.7	42.3%	124.8%
CSTL	Castle Biosciences	1.0	41.4%	26.0%
MTSR	Metsera	7.5	36.7%	71379900.0%
GH	Guardant Health	11.8	31.5%	211.1%
KW	Kennedy-Wilson	1.4	31.4%	2.7%
TDC	Teradata	2.6	30.5%	-11.8%
VCYT	Veracyte	3.6	30.0%	16.3%
DAWN	Day One Biopharmaceuticals	0.9	29.8%	-27.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.4	-63.1%	47.6%
SOC	Sable Offshore	0.5	-57.2%	-75.2%
FMC	FMC	1.7	-54.0%	-71.3%
BHVN	Biohaven	0.9	-53.9%	-77.7%
DD	DuPont de Nemours	16.6	-51.8%	-47.2%
ALVO	Alvotech	1.4	-38.2%	-63.1%
WOLF	Wolfspeed	3.2	-36.7%
SVV	Savers Value Village	1.3	-35.2%	-16.1%
NWL	Newell Brands	1.3	-34.7%	-66.5%
APLS	Apellis Pharmaceuticals	2.5	-33.6%	-37.5%

Peer Comparisons for Plug Power

Financials

	PLUG	POWL	VICR	AZZ	ENR	ADSE	Median
Name	Plug Pow.	Powell I.	Vicor	AZZ	Energizer	ADS-TEC .
Mkt Price	2.64	395.77	94.88	103.62	24.08	10.07	59.48
Mkt Cap	3.0	4.8	4.2	3.1	1.7	-	3.1
Rev LTM	673	1,081	442	1,595	2,926	-	1,081
Op Inc LTM	-906	211	75	237	447	-	211
FCF LTM	-819	81	117	407	158	-	117
FCF 3Y Avg	-1,321	130	55	241	261	-	130
CFO LTM	-604	101	134	504	254	-	134
CFO 3Y Avg	-852	141	83	337	339	-	141

Growth & Margins

	PLUG	POWL	VICR	AZZ	ENR	ADSE	Median
Name	Plug Pow.	Powell I.	Vicor	AZZ	Energizer	ADS-TEC .
Rev Chg LTM	-1.7%	14.3%	24.2%	1.6%	1.1%	-	1.6%
Rev Chg 3Y Avg	7.8%	30.0%	6.0%	25.6%	-1.1%	-	7.8%
Rev Chg Q	21.4%	-0.7%	18.5%	2.0%	3.4%	-	3.4%
QoQ Delta Rev Chg LTM	4.8%	-0.2%	4.1%	0.5%	0.8%	-	0.8%
Op Mgn LTM	-134.7%	19.5%	17.1%	14.9%	15.3%	-	15.3%
Op Mgn 3Y Avg	-129.5%	14.1%	11.4%	14.5%	13.8%	-	13.8%
QoQ Delta Op Mgn LTM	19.2%	0.3%	3.0%	-0.0%	3.9%	-	3.0%
CFO/Rev LTM	-89.7%	9.3%	30.3%	31.6%	8.7%	-	9.3%
CFO/Rev 3Y Avg	-113.6%	16.5%	20.2%	21.6%	11.6%	-	16.5%
FCF/Rev LTM	-121.8%	7.5%	26.6%	25.5%	5.4%	-	7.5%
FCF/Rev 3Y Avg	-175.6%	15.4%	13.2%	15.4%	8.9%	-	13.2%

Valuation

	PLUG	POWL	VICR	AZZ	ENR	ADSE	Median
Name	Plug Pow.	Powell I.	Vicor	AZZ	Energizer	ADS-TEC .
Mkt Cap	3.0	4.8	4.2	3.1	1.7	-	3.1
P/S	4.4	4.4	9.6	2.0	0.6	-	4.4
P/EBIT	-1.5	22.7	56.3	6.5	3.9	-	6.5
P/E	-1.5	27.2	51.6	9.9	6.8	-	9.9
P/CFO	-4.9	47.4	31.7	6.2	6.7	-	6.7
Total Yield	-66.2%	3.8%	1.9%	10.4%	19.8%	-	3.8%
Dividend Yield	0.0%	0.1%	0.0%	0.4%	5.1%	-	0.1%
FCF Yield 3Y Avg	-53.7%	10.4%	2.5%	11.2%	12.8%	-	10.4%
D/E	0.3	0.0	0.0	0.2	2.0	-	0.2
Net D/E	0.3	-0.1	-0.1	0.2	1.9	-	0.2

Returns

	PLUG	POWL	VICR	AZZ	ENR	ADSE	Median
Name	Plug Pow.	Powell I.	Vicor	AZZ	Energizer	ADS-TEC .
1M Rtn	-36.1%	27.0%	89.9%	-2.9%	-0.3%	-11.4%	-1.6%
3M Rtn	80.8%	73.7%	105.7%	-4.3%	-18.1%	-11.9%	34.7%
6M Rtn	240.4%	126.6%	130.8%	17.6%	12.4%	-24.7%	72.1%
12M Rtn	4.8%	34.9%	80.6%	31.7%	-24.1%	-28.6%	18.2%
3Y Rtn	-82.2%	1,487.1%	95.8%	168.5%	-7.1%	100.3%	98.1%
1M Excs Rtn	-33.0%	25.1%	93.9%	-2.4%	-4.2%	-13.5%	-3.3%
3M Excs Rtn	67.6%	62.4%	99.0%	-12.0%	-23.5%	-13.6%	25.2%
6M Excs Rtn	219.7%	106.0%	110.1%	-3.1%	-8.2%	-45.4%	51.4%
12M Excs Rtn	7.7%	23.6%	87.4%	16.7%	-41.2%	-47.1%	12.2%
3Y Excs Rtn	-159.0%	1,487.5%	23.1%	91.0%	-82.0%	5.9%	14.5%

Comparison Analyses

	Title
0	Plug Power vs. Intra-Cellular Therapies: With Return Forecast Of 95%, Intra-Cellular Therapies Is A Better Bet
1	Plug Power vs. Doximity: With Return Forecast Of 48%, Doximity Is A Better Bet
2	Plug Power vs. Texas Pacific Land: With Return Forecast Of 20%-25%, Both Seem Like Good Bets
3	Plug Power vs. Dave & Buster's Entertainment: With Return Forecast Of 12%, Plug Power Is A Better Bet
4	Plug Power vs. AMN Healthcare Services: With Return Forecast Of 12%, Plug Power Is A Better Bet
5	Plug Power vs. Shoals Technologies: Both Seem Similar Bets
6	Plug Power vs. AZZ: Both Seem Similar Bets
7	Plug Power vs. Energizer: Both Seem Similar Bets
8	Plug Power vs. Vicor: Both Seem Similar Bets
9	Plug Power vs. Powell Industries: With Return Forecast Of 61%, Powell Industries Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/11/2025	3/3/2025	2/29/2024	3/1/2023	3/1/2022	5/14/2021	3/10/2020
Key Financials
Total Revenue	673	629	891	701	502	-93	230
EBITDA	-1,852	-1,976	-1,260	-633	-410	-551	-35
Operating Income	-906	-1,078	-1,044	-658	-416	-577	-48
Net Income	-1,970	-2,105	-1,369	-724	-460	-596	-84
EPS	-2.31	-2.68	-2.30	-1.25	-0.82	-1.68	-0.36
Growth Rates
Total Revenue Growth	-1.7%	-29.5%	27.1%	39.6%	638.8%	-140.5%	32.0%
EBITDA Growth	-36.1%	-56.9%	-99.2%	-54.4%	25.7%	-1455.6%	40.6%
Operating Income Growth	20.0%	-3.3%	-58.7%	-58.2%	27.9%	-1111.0%	37.7%
Net Income Growth	-32.8%	-53.8%	-89.1%	-57.4%	22.8%	-611.9%	2.2%
Margins
EBITDA Margin	-275.3%	-314.3%	-141.4%	-90.2%	-81.5%	-	-15.4%
Operating Income Margin	-134.7%	-171.5%	-117.1%	-93.8%	-82.8%	-	-20.7%
Net Income Margin	-292.8%	-334.7%	-153.6%	-103.2%	-91.6%	-	-36.4%
Cash & Debt
Total Cash	141	206	135	2,158	3,870	448	152
Total Debt	992	1,079	969	899	810	560	527
Net Debt / (Cash)	851	873	834	-1,260	-3,059	112	374
Cash Flows
Net Cash from Operations	-604	-729	-1,107	-829	-358	-155	-53
Free Cash from Operations	-819	-1,063	-1,803	-1,292	-551	-206	-68
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	4

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/11/2025	5/12/2025	3/3/2025	11/12/2024	8/8/2024	5/9/2024	2/29/2024	11/9/2023	8/9/2023	5/9/2023	3/1/2023	11/8/2022
Key Financials Quarterly
Total Revenue	174	134	191	174	143	120	222	199	260	210	221	189
Ebitda	-198	-171	-1,303	-180	-230	-263	-612	-255	-210	-182	-198	-146
Operating Income	-154	-172	-369	-211	-235	-262	-364	-271	-209	-200	-209	-160
Net Income	-227	-197	-1,335	-211	-262	-296	-642	-283	-236	-207	-223	-171
EPS	-0.20	-0.21	-1.65	-0.25	-0.36	-0.46	-1.08	-0.47	-0.40	-0.35	-0.38	-0.30
Key Financials TTM
Total Revenue TTM	673	642	629	660	684	801	891	890	880	771	701	643
Ebitda TTM	-1,852	-1,885	-1,976	-1,286	-1,361	-1,340	-1,260	-846	-736	-675	-633	-628
Operating Income TTM	-906	-988	-1,078	-1,073	-1,133	-1,106	-1,044	-889	-778	-721	-658	-637
Net Income TTM	-1,970	-2,006	-2,105	-1,412	-1,484	-1,458	-1,369	-950	-837	-774	-724	-693
Growth Rates Quarterly
Total Revenue Growth	21.4%	11.2%	-13.8%	-12.6%	-44.9%	-42.8%	0.6%	5.3%	72.0%	49.3%	36.3%	31.1%
EBITDA Growth	14.1%	34.9%	-112.8%	29.5%	-9.9%	-44.1%	-209.5%	-74.5%	-41.6%	-30.1%	-2.5%	-61.5%
Operating Income Growth	34.8%	34.4%	-1.3%	22.0%	-12.8%	-31.2%	-74.0%	-69.7%	-37.2%	-46.3%	-11.3%	-77.2%
Net Income Growth	13.4%	33.5%	-107.9%	25.5%	-11.0%	-43.2%	-187.5%	-66.0%	-36.4%	-32.0%	-15.8%	-60.1%
Margins Quarterly
EBITDA Margin	-113.8%	-128.1%	-680.4%	-103.7%	-160.8%	-218.6%	-275.6%	-128.6%	-80.6%	-86.8%	-89.6%	-77.6%
Operating Income Margin	-88.3%	-128.7%	-192.8%	-121.6%	-164.2%	-218.1%	-164.0%	-136.4%	-80.2%	-95.1%	-94.9%	-84.7%
Net Income Margin	-130.5%	-147.1%	-697.5%	-121.5%	-183.0%	-245.9%	-289.2%	-142.7%	-90.9%	-98.2%	-101.2%	-90.5%
Cash & Debt
Total Cash	141	296	206	94	62	173	135	567	1,085	1,643	2,158	2,697
Total Debt	992	987	1,079	929	916	950	969	973	971	922	899	896
Net Debt / (Cash)	851	691	873	835	854	777	834	406	-114	-721	-1,260	-1,802
Cash Flows Quarterly
FCF from Operations	-192	-106	-131	-175	-255	-168	-243	-239	-348	-277	-307	-117
Cash Flows TTM
FCF from Operations TTM	-604	-666	-729	-840	-904	-997	-1,107	-1,170	-1,049	-896	-829	-532
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-6.5%	-7.5%	-16.2%	-9.4%	-10.7%	-12.5%	-18.0%	-13.9%	-11.7%	-12.4%	-14.3%	-12.2%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-9.6%	-10.7%	-11.8%	-11.9%	-12.9%	-13.1%	-12.8%	-11.5%	-11.0%	-11.2%	-11.3%	-11.9%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Sales of cryogenic equipment and liquefiers	232	88	8
Sales of hydrogen infrastructure	184	142	135	-43	19
Sales of fuel cell systems	181	208	225	-55	131
Sales of electolyzers	83	28	17	4
Fuel delivered to customers and related equipment	66	57	47	-16	29
Power Purchase Agreements	64	47	35	27	26
Services performed on fuel cell systems and related infrastructure	39	35	27	-10	25
Sales of engineered equipment	32	93	8
Other	11	3	1	0	0
Total	891	701	502	-93	230

Price Behavior

Price Behavior

Market Price	$2.64
Market Cap ($ Bil)	3.0
First Trading Date	10/29/1999
Distance from 52W High	-36.1%
	50 Days	200 Days
DMA Price	$2.57	$1.68
DMA Trend	up	up
Distance from DMA	2.7%	56.9%
	3M	1YR
Volatility	125.7%	118.7%
Downside Capture	99.06	190.24
Upside Capture	373.27	163.80
Correlation (SPY)	32.0%	24.7%

PLUG Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	3.95	3.94	3.36	3.18	1.45	1.93
Up Beta	4.35	3.71	2.99	1.62	0.59	1.10
Down Beta	6.85	7.70	7.14	6.31	2.40	1.79
Up Capture	309%	475%	374%	725%	238%	1405%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	9	22	30	58	109	313
Down Capture	152%	3%	35%	175%	130%	111%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	13	21	33	67	135	419

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of PLUG With Other Asset Classes (Last 1Y)
	PLUG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	34.7%	15.8%	20.3%	44.6%	1.0%	-2.3%	44.1%
Annualized Volatility	119.8%	19.2%	19.5%	19.9%	16.3%	18.0%	37.0%
Sharpe Ratio	0.78	0.63	0.82	1.74	-0.12	-0.28	0.78
Correlation With Other Assets		17.2%	24.2%	3.9%	12.9%	20.9%	12.6%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of PLUG With Other Asset Classes (Last 5Y)
	PLUG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-29.2%	17.1%	17.3%	15.8%	13.5%	7.1%	50.1%
Annualized Volatility	97.4%	17.4%	17.1%	15.6%	18.9%	19.1%	49.2%
Sharpe Ratio	0.09	0.81	0.83	0.81	0.59	0.28	0.77
Correlation With Other Assets		32.9%	37.5%	8.8%	10.8%	34.8%	22.7%

Based On 10-Year Data

		Comparison of PLUG With Other Asset Classes (Last 10Y)
	PLUG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	1.0%	12.9%	14.4%	12.7%	5.1%	5.1%	78.7%
Annualized Volatility	87.8%	19.9%	18.0%	14.7%	17.7%	20.9%	56.2%
Sharpe Ratio	0.40	0.58	0.69	0.71	0.22	0.21	0.96
Correlation With Other Assets		31.7%	35.5%	6.9%	16.6%	29.5%	14.4%

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	331,367,320
Short Interest: % Change Since 9302025	-13.6%
Average Daily Volume	224,838,715
Days-to-Cover Short Interest	1.47
Basic Shares Quantity	1,126,627,283
Short % of Basic Shares	29.4%

Returns Analyses

	Title
0	Plug Power Stock Fell 32% in a Month, What Now?
1	Plug Power Stock Return Comparison

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
8/11/2025	-2.5%	5.1%	-8.9%
5/12/2025	-10.2%	-12.7%	52.7%
3/3/2025	8.0%	14.0%	-12.7%
11/12/2024	-4.0%	0.0%	25.6%
8/8/2024	0.0%	-2.9%	-22.6%
3/1/2024	10.2%	10.5%	-2.5%
11/9/2023	-40.5%	-29.5%	-31.0%
8/9/2023	-15.8%	-20.2%	-26.0%
...
SUMMARY STATS
# Positive	9	14	13
# Negative	14	9	10
Median Positive	10.2%	12.2%	17.0%
Median Negative	-5.7%	-12.8%	-14.3%
Max Positive	17.6%	24.3%	61.6%
Max Negative	-40.5%	-29.5%	-31.0%

	Forward Returns
8/11/2025	-2.5%	5.1%	-8.9%
5/12/2025	-10.2%	-12.7%	52.7%
3/3/2025	8.0%	14.0%	-12.7%
11/12/2024	-4.0%	0.0%	25.6%
8/8/2024	0.0%	-2.9%	-22.6%
3/1/2024	10.2%	10.5%	-2.5%
11/9/2023	-40.5%	-29.5%	-31.0%
8/9/2023	-15.8%	-20.2%	-26.0%
5/9/2023	-13.8%	-15.5%	2.8%
1/25/2023	-5.9%	8.2%	-13.2%
11/8/2022	-1.4%	18.6%	-7.0%
8/9/2022	16.7%	18.3%	18.0%
5/9/2022	-5.5%	-12.8%	11.5%
1/19/2022	-8.1%	-13.6%	4.7%
11/9/2021	-1.3%	5.9%	-15.5%
8/5/2021	-0.4%	1.6%	1.5%
5/10/2021	17.6%	24.3%	61.6%
1/26/2021	11.4%	-2.8%	-23.7%
11/9/2020	7.7%	24.2%	52.4%
8/6/2020	15.0%	13.9%	23.8%
5/7/2020	4.8%	-1.4%	17.0%
1/30/2020	-1.2%	2.2%	7.4%
11/7/2019	-6.7%	18.6%	10.5%
SUMMARY STATS
# Positive	9	14	13
# Negative	14	9	10
Median Positive	10.2%	12.2%	17.0%
Median Negative	-5.7%	-12.8%	-14.3%
Max Positive	17.6%	24.3%	61.6%
Max Negative	-40.5%	-29.5%	-31.0%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8112025	10-Q 6/30/2025
3312025	5122025	10-Q 3/31/2025
12312024	3032025	10-K 12/31/2024
9302024	11122024	10-Q 9/30/2024
6302024	8082024	10-Q 6/30/2024
3312024	5092024	10-Q 3/31/2024
12312023	2292024	10-K 12/31/2023
9302023	11092023	10-Q 9/30/2023
6302023	8092023	10-Q 6/30/2023
3312023	5092023	10-Q 3/31/2023
12312022	3012023	10-K 12/31/2022
9302022	11082022	10-Q 9/30/2022
6302022	8092022	10-Q 6/30/2022
3312022	5092022	10-Q 3/31/2022
12312021	3012022	10-K 12/31/2021
9302021	11092021	10-Q 9/30/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Crespo Jose Luis	Chief Revenue Officer	6132025	Sell	1.32	37,300	49,236	356,442	Form
1	MIDDLETON PAUL B	See Remarks	6092025	Buy	1.03	650,000	672,035	2,644,782	Form
2	MIDDLETON PAUL B	CFO & Executive VP	5192025	Buy	0.72	350,000	250,390	1,365,029	Form
3	MCNAMEE GEORGE C		11052024	Sell	2.09	10,000	20,916	1,432,290	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Plug Power (PLUG)

Market Price (11/6/2025): $2.52 | Market Cap: $2.8 BilSector: Industrials | Industry: Electrical Components & Equipment

Plug Power (PLUG)

Market Price (11/6/2025): $2.52Market Cap: $2.8 BilSector: IndustrialsIndustry: Electrical Components & Equipment

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Market Price (11/6/2025): $2.52 | Market Cap: $2.8 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

Market Price (11/6/2025): $2.52
Market Cap: $2.8 Bil
Sector: Industrials
Industry: Electrical Components & Equipment