Stocktoria
PLUG POWER INC PLUG
PLUG POWER INC (PLUG) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $709.9M at a -229.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.66 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-19 | Wells Fargo | Equal-Weight (main) |
| 2026-05-13 | Susquehanna | Neutral (main) |
| 2026-05-12 | Canaccord Genuity | Hold (main) |
| 2026-05-12 | B. Riley Securities | Buy (main) |
| 2026-05-12 | TD Cowen | Hold (main) |
| 2026-05-12 | BMO Capital | Underperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.308 |
| Retained earnings / assets | -3.17 |
| EBIT / assets | -0.566 |
| Equity / liabilities | 0.631 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| PLUG | PLUG POWER INC | 4/9 | -11.45 | — | +12.9% |
| EAF | GRAFTECH INTERNATIONAL LTD | 3/9 | -1.65 | — | -6.4% |
| FCEL | FUELCELL ENERGY INC | 3/9 | -1.59 | — | +41% |
| GRFXY | Graphex Group Ltd | 5/9 | -1.83 | — | -88.8% |
| SCIA | SCI Engineered Materials, Inc. | 4/9 | 9.03 | 18.3 | -14.3% |
| NPWR | NET Power Inc. | 1/9 | -17.29 | — | — |
| BE | Bloom Energy Corp | 3/9 | 2.02 | — | +37.3% |
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.
FAQ
Is PLUG financially healthy?
PLUG POWER INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does PLUG pay a dividend?
No, PLUG POWER INC does not currently pay a dividend.
How profitable is PLUG?
In FY2025, PLUG POWER INC had a net margin of -229.8% and a return on equity of -162.6%.
What is the analyst price target for PLUG?
The average Wall-Street price target for PLUG POWER INC is $3.62, about 57.9% above the recent price, from 16 analysts (consensus: hold).
Is PLUG a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on PLUG POWER INC: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.