PLUG POWER INC(PLUG)Stock Analysis
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Rank #2,672 of 2,962 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PLUG Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for PLUG POWER INC (PLUG), a Technology sector company. 13F Pro's AI-powered ranking engine scores PLUG at 25.2/100 on a 32-signal composite quality model, placing it at rank #2,672 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include balance sheet strength (2.8) and profitability (5.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 20.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), PLUG POWER INC reports quarterly revenue of $178.3M, net income of $-188.2M, free cash flow of $-100.4M. Top institutional holders of PLUG by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. PLUG trades on the Nasdaq exchange and files with the SEC under CIK 1093691. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PLUG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PLUG POWER INC directly from SEC EDGAR. PLUG POWER INC's 13F Pro composite quality score has ranged between 7 and 34 since 2021, currently 25.2 — a declining long-term trajectory across 65 quarterly and live scoring snapshots.
Revenue
Q2 2026
$178.3M
Net Income
Q2 2026
$-188.2M
Free Cash Flow
Q2 2026
$-100.4M
ROIC
Q2 2026
-44.1%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+12.9% YoYNet Income
+22.5% YoYOperating Income
+27.4% YoYEPS (Diluted)
+47.0% YoYTotal Assets
-28.0% YoYTotal Debt
Op. Cash Flow
+26.5% YoYFree Cash Flow
+36.3% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $709.9M +12.9% | $628.8M -29.5% | $891.3M +27.1% | $701.4M +39.6% | $502.3M +638.8% | $-93.2M |
| Net Income | $-1.63B +22.5% | $-2.10B -53.8% | $-1.37B -89.1% | $-724.0M -57.4% | $-460.0M +22.8% | $-596.2M |
| Operating Income | $-1.47B +27.4% | $-2.02B -50.3% | $-1.34B -97.7% | $-679.5M -55.4% | $-437.3M +25.1% | $-584.2M |
| EPS (Diluted) | $-1.42 +47.0% | $-2.68 -16.5% | $-2.30 -84.0% | $-1.25 -52.4% | $-0.82 +51.2% | $-1.68 |
| Total Assets | $2.59B -28.0% | $3.60B -26.5% | $4.90B -14.9% | $5.76B -3.1% | $5.95B +164.3% | $2.25B |
| Total Debt | — | $200.0K -97.0% | $6.6M -53.2% | $14.1M -53.7% | $30.6M -39.8% | $50.8M |
| Operating Cash Flow | $-535.8M +26.5% | $-728.6M +34.2% | $-1.11B -33.5% | $-828.6M -131.3% | $-358.2M -130.4% | $-155.5M |
| Free Cash Flow | $-647.0M +36.3% | $-1.02B +42.7% | $-1.77B -40.0% | $-1.27B -138.6% | $-530.3M -197.9% | $-178.0M |
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Top Institutional Holders of PLUG
BlackRock, Inc.
$498.7M184,032,469 shVANGUARD PORTFOLIO MANAGEMENT LLC
$179.3M66,175,149 shVANGUARD CAPITAL MANAGEMENT LLC
$170.6M62,937,084 shSTATE STREET CORP
$105.0M38,763,529 shGEODE CAPITAL MANAGEMENT, LLC
$99.1M36,557,253 shUBS Group AG
$89.8M33,127,276 shCITADEL ADVISORS LLC
$65.4M24,149,952 shTWO SIGMA INVESTMENTS, LP
$61.3M22,610,124 shD. E. Shaw & Co., Inc.
$59.5M21,943,120 shDIMENSIONAL FUND ADVISORS LP
$52.8M19,502,331 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $498.7M | 184,032,469 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $179.3M | 66,175,149 |
| VANGUARD CAPITAL MANAGEMENT LLC | $170.6M | 62,937,084 |
| STATE STREET CORP | $105.0M | 38,763,529 |
| GEODE CAPITAL MANAGEMENT, LLC | $99.1M | 36,557,253 |
| UBS Group AG | $89.8M | 33,127,276 |
| CITADEL ADVISORS LLC | $65.4M | 24,149,952 |
| TWO SIGMA INVESTMENTS, LP | $61.3M | 22,610,124 |
| D. E. Shaw & Co., Inc. | $59.5M | 21,943,120 |
| DIMENSIONAL FUND ADVISORS LP | $52.8M | 19,502,331 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is PLUG a good stock to buy?
13F Pro's AI-powered analysis of PLUG POWER INC (PLUG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PLUG are available on the PLUG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. PLUG is classified as a mid company.
Which hedge funds own PLUG?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PLUG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PLUG POWER INC's investment landscape.