Plug Power Inc. (PLUG)
Industrials · NCM
Price as at 30 Sept 2026, 23:39 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Plug Power Inc. trades at $1.94, which is 55% above the $0.88 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 21 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
PLUG earnings and analyst estimates
Recommendation mix, 20 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Plug Power Inc.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PLUG passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$65.45M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$61.27M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$59.47M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$37.14M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$31.92M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in PLUG
We hold 16 disclosed trades in PLUG by members of Congress and executive-branch officials. The latest 5:
- Austin Scott · HouseSell · $1,001 - $15,000 · traded 31 Jul 2024 · disclosed 13 Aug 2025
- Daniel Goldman · HouseBuy · $15,001 - $50,000 · traded 10 Apr 2023 · disclosed 19 May 2023
- Daniel Goldman · HouseSell · $15,001 - $50,000 · traded 6 Mar 2023 · disclosed 17 Apr 2023
- Daniel Goldman · HouseBuy · $15,001 - $50,000 · traded 31 Jan 2023 · disclosed 24 Feb 2023
- Christopher L. Jacobs · HouseSell · $1,001 - $15,000 · traded 8 Nov 2022 · disclosed 12 Dec 2022
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
PLUG peers
The largest companies in the same industry (Electrical Equipment & Parts), then in the same sector.
- CYATY CONTEMPORARY AMPEREX TECHNOLOGY
- BE Bloom Energy Corporation
- NVT nVent Electric plc
- HUBB Hubbell Incorporated
- AEIS Advanced Energy Industries, Inc.
- AYI Acuity Inc.
- POWL Powell Industries, Inc.
- ENS EnerSys
Every industrials company we cover is on the Industrials hub.
Common questions
Is Plug Power Inc. (PLUG) undervalued?
Against our fair value estimate of $0.88, PLUG at $1.94 is 55% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own PLUG?
11 of the institutions we track reported a position in PLUG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its PLUG data?
Fundamentals for PLUG come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 23:39 UTC and is delayed. Our data quality score for this company is 83/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PLUG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.