Plug Power Inc.
PLUGIndustrialsNASDAQElectrical Equipment & Parts · Last scanned Oct 26, 2026
Scan Results
Daily timeframePart of the industrials sector, Plug Power Inc. (PLUG) is listed under Electrical Equipment & Parts. The $1.93B market capitalization puts PLUG squarely in small-cap range for its industry. 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.
Market Cap
$1.93B
Beta
2.29
P/E (TTM)
—
P/E (Fwd)
-9.30
EPS (TTM)
$-1.31
EPS (Fwd)
$-0.15
ROE
-145.0%
ROA
-12.2%
Cash
$172.1M
Total Debt
$1.04B
Free CF
-$247.1M
52W Change
-53.4%
Annual Financials
Cash vs Debt
Where PLUG stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, PLUG finished 46.06% below its 150-day moving average ($2.54) and 43.85% below its 200-day moving average ($2.44). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is PLUG overbought or oversold?
At the October 20, 2026 close, PLUG's RSI(14) was 11.4, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Plug Power Inc. carries $1.04B in total debt against $172.1M in cash reserves — debt is roughly 6.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$247.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -145.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been relatively flat, moving from $701.4M (2022) to $709.9M (2025).
With a beta above 1.5, PLUG tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PLUG.