Reading PLUG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PLUG free→Reading PLUG? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PLUG free→NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-06-12
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been steady, but risk is elevated, and the sector backdrop is a headwind. Peer multiples imply a price about 20% above where it trades (it looks cheap on this basis); the read is fair, but weakening. Key factors to watch include potential guidance cuts and the performance of sector bellwethers, which could impact PLUG's outlook. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $2.76. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $2.76 PLUG trades at 5× p/s — 1.5× the 4× p/s peer median. The market is re-rating it beyond its own range; our $1.85 fair value is medium-confidence here. Analysts: $1.00–$2.75. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 49% near-term growth, well above our forecast of about 16%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only expensive valuation — not the full expensive x weak x turbulent stack.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).
Over the trailing year it converted 0.35x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.09 → $-0.08 (+10.4% / 30d). 4 raised, 2 cut, 8 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 25% of analysts rate Buy.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$316.
How much price usually moves either way.
On a bad day, this stock has moved -$894.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,666.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation label changed from 'full' to 'fair'.
Valuation changed. The valuation label moved from "full" to "fair." Risk is elevated. Recent financial performance is weak. The sector backdrop is a headwind.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
No named catalysts to watch right now. Check back after the next earnings report.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PLUG yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 2, 2026, Kavita Mahtani, a Class I director of the Board of Directors (the “Board”) of Plug Power Inc. (the “Company”), and member of the Board’s Audit Committee and Strategy & Financing Committee, notified the Company of her decision to resign from the Board effective as of June 11, 2026. Ms. Mahtani has served on the Board since April 202…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
$1.00 – $2.75 (median $1.80) · 3 analysts · as of 2026-04-09
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Electrical Components & Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PLUG Plug Power, Inc. | Below typical Show detailsSector percentile: 1 of 100 | fair | elevated |
ETN Eaton Corporation | Above typical Show detailsSector percentile: 77 of 100 | full | moderate |
VRT Vertiv | Typical Show detailsSector percentile: 58 of 100 | expensive | elevated |
EMR Emerson Electric | Typical Show detailsSector percentile: 61 of 100 | fair | moderate |
BE Bloom Energy Corp. | Typical Show detailsSector percentile: 41 of 100 | expensive | high |
1 material management or governance event in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=792).
Not investment advice. As of 2026-06-12.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
The company aims to achieve positive EBITDAS by the fourth quarter of 2026.
Stated in 3 of last 3 quarters. Despite the focus on achieving positive EBITDAS by Q4 2026, the company reported a negative operating income of $109.5M in 2026-Q1. Persistent statement, limited substantive delivery so far.
“The Company remains focused on achieving positive EBITDAS in the fourth quarter of 2026.”
“Our targets remain consistent in achieving positive EBITDAS in Q4 of 2026.”
“Achieve positive EBITDAS in Q4 2026.”
The company aims to achieve positive operating income by the end of 2027.
Stated in 3 of last 3 quarters. The company reported a negative operating income of $109.5M in 2026-Q1, showing limited progress towards the goal of positive operating income by 2027. Recurring focus, narrow delivery so far.
“The Company’s ability to achieve positive operating income by the end of 2027.”
The company aims to achieve full profitability by the end of 2028.
Stated in 3 of last 3 quarters. Despite the goal of full profitability by 2028, the company reported a net income loss of $245.3M in 2026-Q1. Persistent statement, limited substantive delivery so far.
“The Company aims for overall profitability by the end of 2028.”
“Our targets remain consistent in achieving full profitability by the end of 2028.”
“Our targets remain consistent in achieving positive operating income by the end of 2027.”
“Achieve positive operating income by end of 2027.”
“Full profitability by end of 2028.”