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Morningstar

Plug Power Inc PLUG Stock Quote

Morningstar Rating
| Rating as of

NASDAQ: PLUG

Last close prices updated as of Jan 30, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 15.71
  • Sector Industrials
  • Industry Electrical Equipment & Parts
  • Investment Style Mid Growth
  • Day Range 15.30  –  16.08
  • Year Range 11.49  –  32.05
  • Market Cap 9.1574 Bil
  • Volume / Avg 14.5 Mil /  16.8 Mil
  • Price / Sales 14.13
  • Price / Book 2.17
  • Forward Div Yield —
  • Trailing Div Yield —

Morningstar‘s Stock Analysis PLUG

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Plug Power's 2022 Results Disappoint, but Our Focus Is on 2023 Margin Inflection; Shares Attractive

Brett Castelli Equity Analyst

Analyst Note

| Brett Castelli |

On Jan. 25, Plug Power held its annual guidance call and released preliminary revenue results for 2022. While Plug reiterated 2023 guidance, it expects 2022 revenue to come in roughly 20% below prior expectations. We maintain our $23 fair value estimate as we view the 2022 revenue miss as one-time and not indicative of a long-term trend. We view the shares as attractive for investors looking to capitalize on the growth potential of hydrogen, albeit with elevated volatility (Very High Uncertainty Rating). Our no-moat rating is unchanged.

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Key Statistics PLUG

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Company Profile PLUG

Business Description

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.

Contact
968 Albany Shaker Road
Latham, NY, 12110
Sector Industrials
Industry Electrical Equipment & Parts
Employees 2,449

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FAQs for Plug Power Inc Stock

No. PLUG does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PLUG’s market cap is 9.16 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PLUG’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PLUG’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PLUG’s historical performance against its industry peers and the overall market.