PLUG Stock Summary and Trading Ideas (Plug Power | NASDAQ:PLUG)

Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

Plug Power trades on the NASDAQ stock market under the symbol PLUG.

As of August 31, 2026, PLUG stock price declined to $2.16 with 33,272,408 million shares trading.

PLUG has a beta of 1.65, meaning it tends to be more sensitive to market movements. PLUG has a correlation of 0.05 to the broad based SPY ETF.

PLUG has a market cap of $3.02 billion. This is considered a Mid Cap stock.

Last quarter Plug Power reported $178 million in Revenue and -$.07 earnings per share. This beat revenue expectation by $9 million and exceeded earnings estimates by $.01.

In the last 3 years, PLUG traded as high as $8.98 and as low as $.69.

The top ETF exchange traded funds that PLUG belongs to (by Net Assets): VTI, IWM, VB, ICLN, VBK.

PLUG has outperformed the market in the last year with a return of +32.5%, while the SPY ETF gained +19.4%. However, in the most recent history, PLUG shares have underperformed the stock market with its stock returning -47.6% in the last 3 month period and -6.9% for the last 2 week period, while SPY has returned +1.9% and -1.2%, respectively.

PLUG support price is $2.10 and resistance is $2.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLUG shares will trade within this expected range on the day.