Insider buying last 90 days
No open-market insider purchases were filed for PLUG in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every PLUG insider filing, plotted on the chart in Gekko.Open PLUG in Gekko
NASDAQ: PLUG
Plug Power (PLUG) Stock Analysis & Forecast
Oct 12 close
$1.62−0.06 (−3.6%)
Gekko Brief
AI summaryOct 12 closePlug Power's stock has been under pressure this week amid a COO resignation and a sector-wide hydrogen selloff, with shares touching a new 52-week low near $1.69 to $1.71 before closing at $1.62. The Louisiana hydrogen plant and a new legal inquiry drew attention as investors pushed for concrete contracts rather than announcements, even as the company signed a 280 MW electrolyzer deal for the ENDOR project in Denmark with Arcadia eFuels, with revenue still pending a building permit. Separate commentary contrasted Plug Power's green hydrogen ecosystem and logistics partnerships, including with Walmart, against peers like Eos Energy Enterprises.
The close of $1.62 sits below both the 50-day average of $2.08 and the 200-day average of $2.45, with the 50-day also below the 200-day, reflecting a one-month return of -22.9% and a one-year return of -57.1%. The GekkoIndex reads 74.8, placing the stock in the Buying zone. Price sits 37.9% below Gekko Fair Value of $2.61.
Earnings are due 9 November 2026, 27 days out and inside a typical 20-trading-day hold; the prior quarter beat estimates with EPS of -$0.07 versus -$0.08 expected, producing a 1.8% reaction. No insider, Congress, or unusual options activity appears in the current window. Seasonally, the next 20 trading days have averaged -3.1% over 5 years, rising in 1 of them. Analyst consensus across 13 firms includes 3 buy, 7 hold, and 3 sell ratings, with a consensus target of $3.54.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Plug Power price vs fair value
Close $1.62200-day averageGekko Fair Value $2.61
Plug Power quick facts
- Market cap
- $2.26B
- P/E ratio
- —
- Forward P/E
- 13.1
- EPS, TTM
- −$1.31
- Revenue, TTM
- $744.1M
- Profit margin
- -220.6%
- Dividend yield
- —
- Beta
- 2.29
- Volume
- 51.45M avg 47.13M
- 1-year return
- −57.1%
- Typical daily move
- ±5.6%
- Typical 20-day move
- ±18.1%
- 50-day average
- $2.08
- 200-day average
- $2.45
- Next earnings
- Nov 9
- Shares outstanding
- 1.40B
Plug Power swing-trade checklist
Plug Power scores 2 supportive, 0 mixed and 3 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive0 mixed3 headwinds
- Trendheadwind
Below 50 and 200-day
Close $1.62 is below the 50-day ($2.08) and 200-day ($2.45) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
74.8, Buying
Reading 74.8 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
37.9% below
Price is 37.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 28 days
Reports on Nov 9, 2026, 28 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−3.1% on average
From this point in the calendar, the next 20 trading days averaged −3.1% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Plug Power stock chart and price history
Plug Power closed at $1.62 on Oct 12, 2026, −57.1% over the past year, inside a 52-week range of $1.58 to $4.33.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −22.9%
- 3 months
- −28.6%
- 6 months
- −41.5%
- 1 year
- −57.1%
The full PLUG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PLUG in Gekko
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About Plug Power
Plug Power builds hydrogen fuel cell systems and related equipment for customers moving goods, running vehicles, or keeping facilities powered. It is particularly known for GenDrive, a hydrogen-fueled system built for electric vehicles used in material handling, part of a broader push to supply clean hydrogen power from generation through to end use.
The company works across the full hydrogen supply chain, producing, storing, delivering and converting the fuel into usable energy for both moving and fixed equipment. Its product line includes GenFuel for liquid hydrogen fueling, GenSure for backup and grid-support power in telecom, transport and utilities, GenCare for maintenance and support, GenKey as a packaged fuel cell solution, ProGen for fuel cell stacks and engines, and electrolyzers for hydrogen generation. Sales run through a direct team, OEM partnerships and a dealer network, with alliances including Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems and Universal Hydrogen Co.
Founded in 1997 and headquartered in Latham, New York, Plug Power operates in North America and internationally. Its shares are listed on the NASDAQ under the ticker PLUG.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Website
- plugpower.com
Plug Power GekkoIndex: the smart money zone
Plug Power’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 74.8, in the Buying zone, up 7.3 points over five sessions.
74.8Buying
Up 7.3 points over five sessions, from the Accumulation zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 48 | +6.1% | +13.2% | ||
| Accumulation | 294 | −1.0% | +0.9% | ||
| Neutral | 315 | +0.9% | +0.2% | ||
| Distribution | 20 | +4.4% | +2.5% | ||
| Selling | 5 | Too few readings yet | |||
Average PLUG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the PLUG price, zone by zone.Track PLUG in Gekko
Is Plug Power stock overvalued? Gekko Fair Value
Plug Power trades 37.9% below Gekko Fair Value of $2.61, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Plug Power shares are worth, recalculated every trading day.
$2.61
Gekko Fair Value, Oct 10, 2026
37.9% Undervalued
At the end of Aug 2026 the price was 30.5% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open PLUG in Gekko
Plug Power insider and Congress trading
No open-market insider purchases were filed for Plug Power, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in PLUG were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for PLUG, plotted on the chart in Gekko.Open PLUG in Gekko
Buybacks
Plug Power has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $122K
- As a share of market cap
- 0.01%
From company filings.
Hedge funds and billionaires quarter ended Mar 31
2of the funds Gekko tracks hold PLUG.
0added2opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Plug Power earnings: next date and track record
Plug Power reports on Nov 9, 2026 (28 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Nov 9, 2026
28 days away
- EPS estimate
- −$0.07
- Revenue estimate
- $197.2M
4 of 8reports beat the EPS estimate
±6.8%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 10, 2026 AI summary
- What they said
- Plug Power reported a materially improved Q2 2026 performance with revenue of $178 million (up ~9% sequentially) and a gross margin near breakeven (-0.9%), a ~30 percentage-point improvement year-over-year. Management attributed improvements to its Quantum Leap restructuring, better plant utilization in hydrogen, improved service margins (27%), equipment margin gains, tariff recoveries and cost discipline that reduced OpEx ~50% y/y to $62 million. Net cash usage improved to $61 million (a ~58% reduction sequentially). Management raised full-year revenue growth guidance to 15–16% (from prior 13–15%) and reiterated its target of positive EBITDA in Q4 2026, with operating-income-positive in Q4 2027 and overall profitability in 2028. The company reported progress on its electrolyzer/hydrogen pipeline (Europe, UK, Australia, Spain JV with Acciona), material-handling repowering/refresh opportunities, and near-term asset monetization ($47M received post-quarter and ~$30–35M expected).
- Guidance
- Raised full-year revenue growth guidance to 15%–16% (off 2025). Expect some Q3 growth with majority of volume in Q4 2026. Target: positive EBITDA in Q4 2026. Reiterated prior guidance: operating-income positive in Q4 2027 and overall profitability in 2028. Run-rate OpEx ~ $75M/quarter. Asset monetization proceeds: $47M received post-quarter and $30–35M visibility short-term.
- Risks flagged
- Key risks called out or implied: timing and conversion risk of FEED-to-FID for large electrolyzer/hydrogen projects (timelines are fluid); regulatory / government reviews (e.g., Texas data center moratorium) that could affect asset monetization; dependence on execution to realize equipment orders concentrated in second half/Q4; macro and project-level uncertainties; remaining cash burn until profitability; exposure to convertibles and need for continued access to capital or asset sales.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 10, 2026 | −$0.07 est −$0.08 | $178.3M est $169.1M | +1.8% |
| May 11, 2026 | −$0.18 est −$0.10 | $163.5M est $139.9M | +14.1% |
| Mar 2, 2026 | −$0.06 est −$0.11 | $225.2M est $217.4M | +24.6% |
| Nov 10, 2025 | −$0.12 est −$0.13 | $177.1M est $217.4M | −4.5% |
| Aug 11, 2025 | −$0.16 est −$0.15 | $174.0M est $201.0M | +2.0% |
| May 12, 2025 | −$0.20 est −$0.33 | $133.7M est $131.8M | −5.7% |
| Mar 3, 2025 | −$0.41 est −$0.23 | $191.5M est $171.1M | +0.6% |
| Nov 12, 2024 | −$0.25 est −$0.24 | $173.7M est $274.1M | −1.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Plug Power stock forecast and analyst price targets
Analysts’ average 12-month price target for Plug Power is $3.54, +118.3% from the last close, from 13 firms rating the stock in the last 90 days.
$3.54consensus 12-month target, +118.3% from the last close
Now $1.62Avg $3.54
Low $0.75High $7
Each firm’s latest rating in the last 90 days: 13 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 30 | H.C. Wainwright | $7 | +332.1% |
| Sep 29 | H.C. Wainwright | $7 | +332.1% |
| Sep 29 | Craig-Hallum | — | — |
| Sep 16 | UBS | $4 | +146.9% |
| Aug 12 | Roth MKM | $5 | +208.6% |
+13.2%average 20-day move after past Buying readings
−3.1%average move over the next 20 trading days in the last 5 years
±5.6%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Plug Power seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Plug Power averaged −3.1% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.1% | 3 of 5 |
| Next 10 trading days | −3.7% | 2 of 5 |
| Next 15 trading days | −1.9% | 1 of 5 |
| Next 20 trading days | −3.1% | 1 of 5 |
| Next 30 trading days | −13.4% | 1 of 5 |
For scale, PLUG’s typical 20-trading-day move in either direction is about 18.1%.
Plug Power market cap and key statistics
Plug Power’s market cap is $2.26B and revenue of $744.1M over the last twelve months.
Valuation
- Market cap
- $2.26B
- Forward P/E
- 13.1
- EPS, TTM
- −$1.31
- Gekko Fair Value
- $2.61
Trading
- Volume
- 51.45M
- Avg volume, 20 days
- 47.13M
- 52-week high
- $4.33
- 52-week low
- $1.58
- Shares outstanding
- 1.40B
Financials
- Revenue, TTM
- $744.1M
- Profit margin
- -220.6%
- Return on equity
- -145%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 2.29
- Typical daily move
- ±5.6%
- Typical 20-day move
- ±18.1%
Plug Power stock news this week
Coverage of Plug Power this week reads negative: 3 positive, 1 neutral and 12 negative headlines.
- Eos Energy Enterprises vs. Plug Power: Which Energy Storage Pioneer Is a Better Buy in 2026?The Motley Fool, Oct 12
- Can Hydrogen Momentum Keep Plug Power (NASDAQ:PLUG) Surging?Kalkine Media, Oct 12
- Plug Power's Louisiana Hydrogen Plant Takes Centre Stage as Sector-Wide Selling Presses the Stockad-hoc-news.de, Oct 11
- Plug Power (PLUG) Stock Sinks As Market Gains: Here's WhyYahoo! Finance Canada, Oct 9
- Plug Power Inc. stock underperforms Friday when compared to competitorsMarketWatch, Oct 9
- Plug Power's Danish Order Book Is Signed, but the Revenue Waits on a Building PermitAD HOC NEWS, Oct 9
Plug Power peers
Plug Power’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| VRTVertiv | Accumulation | 10.4% below |
| BEBloom Energy | Neutral | 0.3% above |
| TERTeradyne | Neutral | 3.3% above |
| FLEXFlex | Neutral | 1.5% above |
| SANMSanmina | Neutral | 4.0% above |
| AEISAdvanced Energy Industries | Neutral | 8.2% below |
A peer links to its own page where one exists.
Plug Power stock FAQ
What is Plug Power’s market cap?
Plug Power’s market cap is $2.26B at the Oct 12, 2026 close of $1.62, with 1.40B shares outstanding.
What is the Plug Power stock forecast?
The consensus analyst 12-month price target for Plug Power is $3.54, +118.3% from the last close. Of the 13 firms that rated the stock in the last 90 days, 3 rate it a buy, 7 a hold and 3 a sell. Gekko doesn’t publish price predictions of its own.
Is Plug Power stock overvalued or undervalued?
On Gekko’s estimate Plug Power is undervalued: the Oct 12, 2026 close of $1.62 is 37.9% below Gekko Fair Value of $2.61. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Plug Power report earnings next?
Plug Power is expected to report on Nov 9, 2026 (28 days away). Analysts expect earnings of −$0.07 per share on revenue of $197.2M. Plug Power beat the earnings estimate in 4 of its last 8 reports, moving 6.8% on average across the report.
What is Plug Power’s 52-week high and low?
Plug Power’s 52-week high is $4.33 and its 52-week low is $1.58; it closed at $1.62 on Oct 12, 2026, −57.1% over the past year. Over the last five years the shares peaked at $46.50 on Nov 22, 2021.
Is Plug Power stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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