Grufity logoGrufity logo

PLUG

13.82USD-1.14(-7.62%)Market Closed

Plug Power Inc

Market Summary

USD13.82-1.14Market Closed
-7.62%

PLUG Alerts

PLUG Stock Price

RSI Chart

Valuation

Market Cap

9.3B

Price/Earnings

-14.79

Price/Sales

15.57

Price/Cashflow

-18.02

MarketCap/EBT

-14.42

Price/Sales

Profitability

Operating Margin

-20.38%

EBT Margin

-107.97%

Return on Equity

-14.51%

Return on Assets

-10.98%

Fundamentals

Revenue

Revenue (TTM)

642.6M

Revenue Y/Y

31.06%

Revenue Q/Q

24.7%

Earnings

Earnings (TTM)

-693.5M

Earnings Y/Y

-60.08%

Earnings Q/Q

1.46%

Price Action

52 Week Range

37.08
(Low)(High)

Last 7 days

-7.2%

Last 30 days

-6.6%

Last 90 days

-49.7%

Trailing 12 Months

-59.4%

Financial Health

Current Ratio

9.1

Investor Care

Shares Dilution (1Y)

1.14%

Diluted EPS (TTM)

-1.2

Peers (Alternatives to Plug Power)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.9B
20.2B
-0.04% -5.03%
25.88
3.03
3.33% 10.78%
51.7B
19.6B
6.51% 6.17%
16.35
2.69
7.64% 40.30%
29.7B
6.0B
3.38% 0.36%
27.13
5.02
15.01% 22.03%
12.7B
4.8B
3.17% 20.63%
23.53
2.64
9.75% 49.02%
MID-CAP
9.3B
642.6M
-6.56% -59.41%
-14.79
15.57
41.57% 7.68%
7.4B
4.6B
-6.87% -74.29%
13.68
1.68
33.56% -11.49%
6.0B
4.0B
-0.30% -8.97%
15.68
1.5
15.75% 25.37%
3.3B
994.0M
4.63% -17.67%
-11.69
3.33
13.97% -139.98%
SMALL-CAP
1.3B
1.4B
18.66% -53.99%
2.6
0.9
5.79% 27.47%
991.0M
987.2M
6.44% -19.28%
11.56
1
15.41% 52.03%
594.2M
380.0M
11.74% 15.76%
22.02
1.56
30.80% 307.55%
290.2M
499.4M
26.39% 34.45%
35.14
0.58
9.55% 2239.66%
122.0M
185.6M
-4.84% -68.51%
-3.33
0.66
13.11% -4.10%
66.8M
315.3K
-9.01% 4.54%
-10.69
157.02
34.63% -49.82%

Financials for Plug Power

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue7.5%643598571502454
Cost Of Revenue7.6%844785766674565
Gross Profit-8.0%-201.64-186.65-194.49-171.31-514.66
Operating Expenses11.6%445399334266200
  S&GA Expenses14.8%336292235180139
  R&D Expenses13.1%9988756548
Earnings Before Taxes-9.7%-708.12-645.56-572.32-476.16-757.99
Net Income-10.2%-693.46-629.37-555.71-459.96-751.16
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.2%5,8595,7345,8045,9505,740
  Current Assets-6.2%3,6523,8944,1004,4494,788
    Cash Equivalents-22.5%1,7482,2562,4962,4813,372
  Inventory20.2%516430333269230
  Net PPE40.7%607431325256170
  Goodwill-1.8%23123523222072
Liabilities17.2%1,6351,3961,3281,3441,033
  Current Liabilities40.1%599428358421270
    LT Debt, Current-4.4%1141523
Shareholder's Equity-2.7%4,2244,3394,4764,6064,707
  Retained Earnings-6.3%-2,897.45-2,726.69-2,553.39-2,400.00-2,203.99
  Additional Paid-In Capital1.1%7,2457,1637,1167,0716,978
Shares Outstanding0.0%578578575--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-2.9%-531.72-516.65-451.00-358.18-347.47
  Share Based Compensation22.8%1771441107643
Cashflow From Investing-962.8%-747.25-70.31-1,048.60-1,740.89-1,037.91
Cashflow From Financing37.1%-25.30-40.23-14.833,5984,507

Risks

What is the probability of a big loss on PLUG?

100%


Probability that Plug Power stock will be more than 20% underwater in next one year

91.5%


Probability that Plug Power stock will be more than 30% underwater in next one year.

88.1%


Probability that Plug Power stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PLUG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Plug Power was unfortunately bought at previous high price.

Returns

Cumulative Returns on PLUG

35.8%


10-Year Cumulative Returns

32.4%


7-Year Cumulative Returns

42.2%


5-Year Cumulative Returns

63.7%


3-Year Cumulative Returns

What are the long-term rolling returns for PLUG?

FIve years rolling returns for Plug Power.

Which funds bought or sold PLUG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
UNCHANGED
-
1,000
4,000
-%
2022-11-23
Toroso Investments, LLC
REDUCED
-20.35
30,000
2,963,000
0.12%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-91.4
-46,577
6,000
-%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
704,000
704,000
0.03%
2022-11-22
CVA Family Office, LLC
REDUCED
-15.38
-
8,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-28.59
-33,000
311,000
0.01%
2022-11-21
Kalos Management, Inc.
-
-
-329,000
-
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
134.33
5,463,000
8,234,000
0.01%
2022-11-21
FourThought Financial, LLC
NEW
-
4,000
4,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
3,719,000
18,165,000
0.03%

1–10 of 36

Latest Funds Activity

Are funds buying PLUG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PLUG

Plug Power News

Yahoo Finance

Blackstone's credit fund reaches withdrawal limit.14 minutes ago

PLUG Fair Value

Recent SEC filings of Plug Power

View All Filings
Date Filed Form Type Document
Nov 08, 2022
10-Q
Quarterly Report
Nov 08, 2022
8-K
Current Report
Oct 21, 2022
8-K
Current Report
Oct 19, 2022
4
Insider Trading
Oct 19, 2022
4
Insider Trading
Oct 19, 2022
8-K
Current Report
Oct 19, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading

Latest Insider Trading transactions for PLUG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-17
Hoefelmann Dirk Ole
ACQUIRED
-
-
100,000
GM, Electrolyzers & Exec VP
2022-10-17
Hull Martin Daniel
ACQUIRED
-
-
35,000
Corporate Controller and CAO
2022-09-28
Conway Gerard L JR
SOLD FOR TAXES
-625,194
21.85
-28,613
Gen. Coun, Corp Sec., Exec. VP
2022-09-28
Hull Martin Daniel
SOLD FOR TAXES
-115,871
21.85
-5,303
Corporate Controller and CAO
2022-09-28
Marsh Andrew
SOLD FOR TAXES
-2,117,110
21.85
-96,893
President and CEO
2022-09-28
MIDDLETON PAUL B
SOLD FOR TAXES
-835,391
21.85
-38,233
CFO & Executive VP
2022-09-28
Schmidt Keith
SOLD FOR TAXES
-648,224
21.85
-29,667
GM New Mkts & Pres New Prd Dv
2022-09-28
Crespo Jose Luis
SOLD FOR TAXES
-653,140
21.85
-29,892
GM, MATL Handling, Key Accts
2022-09-28
Shrestha Sanjay K
SOLD FOR TAXES
-985,719
21.85
-45,113
CSO & GM, Energy Solutions
2022-09-22
Hull Martin Daniel
SOLD FOR TAXES
-67,679
25.52
-2,652
Corporate Controller and CAO

1–10 of 50

Andrew J. Marsh
2450
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.

PLUG Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenue:    
Net revenue$ 188,628$ 143,922$ 480,698$ 340,437
Cost of revenue:    
Provision for loss contracts related to service5,7277,4628,84315,641
Total cost of revenue234,691175,000594,576423,984
Gross loss(46,063)(31,078)(113,878)(83,547)
Operating expenses:    
Research and development28,10516,63472,12337,623
Selling, general and administrative85,57842,421262,420106,652
Change in fair value of contingent consideration 8,530(2,605)8,760
Total operating expenses113,68367,585331,938153,035
Operating loss(159,746)(98,663)(445,816)(236,582)
Interest income13,4294,15119,3215,664
Interest expense(9,020)(9,512)(28,871)(33,559)
Other expense, net(5,399)(50)(9,164)(318)
Realized loss on investments, net (254)(1,315)(236)
Change in fair value of equity securities(4,221)(607)(22,864)(284)
Loss on equity method investments(4,280)(1,736)(10,304)(1,736)
Loss before income taxes(169,237)(106,671)(499,013)(267,051)
Income tax expense1,52101,5300
Net loss$ (170,758)$ (106,671)$ (500,543)$ (267,051)
Net loss per share:    
Net loss per share, basic$ (0.30)$ (0.19)$ (0.87)$ (0.48)
Net loss per share, diluted$ (0.30)$ (0.19)$ (0.87)$ (0.48)
Weighted average number of common stock outstanding, basic578,043,278574,520,806578,217,636551,894,779
Weighted average number of common stock outstanding, diluted578,043,278574,520,806578,217,636551,894,779
Sales of fuel cell systems, related infrastructure and equipment    
Net revenue:    
Net revenue$ 157,985$ 115,999$ 383,065$ 262,049
Cost of revenue:    
Cost of revenue127,38189,235310,362198,122
Services performed on fuel cell systems and related infrastructure    
Net revenue:    
Net revenue8,4066,67725,46818,397
Cost of revenue:    
Cost of revenue12,61918,69738,10647,258
Power purchase agreements    
Net revenue:    
Net revenue9,5249,32130,73025,508
Cost of revenue:    
Cost of revenue35,54931,199102,19471,776
Fuel delivered to customers and related equipment    
Net revenue:    
Net revenue12,38911,55640,28933,804
Cost of revenue:    
Cost of revenue53,12927,857134,00890,331
Other    
Net revenue:    
Net revenue3243691,146679
Cost of revenue:    
Cost of revenue$ 286$ 550$ 1,063$ 856

PLUG Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,747,753$ 2,481,269
Restricted cash156,686118,633
Available-for-sale securities, at fair value (amortized cost $845,509 and allowance for credit losses of $0 at September 30, 2022 and amortized cost $1,242,933 and allowance for credit losses of $0 at December 31, 2021)819,4401,240,265
Equity securities130,121147,995
Accounts receivable95,47292,675
Inventory516,280269,163
Contract assets50,39438,637
Prepaid expenses and other current assets135,50659,888
Total current assets3,651,6524,448,525
Restricted cash650,651532,292
Property, plant, and equipment, net607,268255,623
Right of use assets related to finance leases, net49,60332,494
Right of use assets related to operating leases, net311,878212,537
Equipment related to power purchase agreements and fuel delivered to customers, net88,49072,902
Contract assets20,485120
Goodwill230,719220,436
Intangible assets, net195,647158,208
Investments in non-consolidated entities and non-marketable equity securities41,16212,892
Other assets11,2494,047
Total assets5,858,8045,950,076
Current liabilities:  
Accounts payable199,86592,307
Accrued expenses157,47979,237
Deferred revenue and other contract liabilities108,026116,377
Operating lease liabilities43,36330,822
Finance lease liabilities7,2164,718
Finance obligations53,23642,040
Current portion of long-term debt93715,252
Contingent consideration, loss accrual for service contracts, and other current liabilities29,26939,800
Total current liabilities599,391420,553
Deferred revenue and other contract liabilities81,11966,713
Operating lease liabilities245,715175,635
Finance lease liabilities35,86424,611
Finance obligations250,358211,644
Convertible senior notes, net193,592192,633
Long-term debt65,325112,794
Contingent consideration, loss accrual for service contracts, and other liabilities163,864139,797
Total liabilities1,635,2281,344,380
Stockholders' equity:  
Common stock, $0.01 par value per share; 1,500,000,000 shares authorized; Issued (including shares in treasury): 598,777,468 at September 30, 2022 and 594,729,610 at December 31, 20215,9885,947
Additional paid-in capital7,245,3967,070,710
Accumulated other comprehensive loss(35,025)(1,532)
Accumulated deficit(2,897,446)(2,396,903)
Less common stock in treasury: 18,015,881 at September 30, 2022 and 17,074,710 at December 31, 2021(95,337)(72,526)
Total stockholders' equity4,223,5764,605,696
Total liabilities and stockholders' equity$ 5,858,804$ 5,950,076