Plug Power Inc. (PLUG) Stock Analysis
Last updated Oct 27, 2026
Health Check
Last analyzed Oct 23, 2026
- Financial Health 15
- Profitability 20
- Business Quality 50
- Balance Sheet 20
- Cash Flow 25
Why this rating?
Health 26/100 — Avoid
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
Plug Power Inc. (PLUG) is a Electrical Equipment & Parts company in the Industrials sector. Compound Radar rates Plug Power Inc. 26/100 (Avoid) due to solid business quality, steady revenue growth, and elevated leverage.
Investment profile
- Quality Moderate
- Growth Moderate
- Balance Sheet Stretched
Financial highlights
Valuation
- Forward P/E -9.44
- PEG 0.84
- EV/Revenue 3.74
Profitability
- Revenue Growth 2.5%
- Gross Margin -24.7%
- Operating Margin -24.9%
- Net Margin -220.6%
- ROE -145.0%
Financial strength
- Cash $172.09M
- Debt $1.04B
- Net Cash $-864.86M
- Free Cash Flow $-661.48M
- Current Ratio 2.32
Similar companies
Peers in Electrical Equipment & Parts, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Vertiv Holdings Co Electrical Equipment & Parts VRT$208.56 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Hayward Holdings, Inc. Electrical Equipment & Parts HAYW$13.03 67 Health 67 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- nVent Electric plc Electrical Equipment & Parts NVT$134.53 65 Health 65 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Advanced Energy Industries, Inc. Electrical Equipment & Parts AEIS$232.90 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Forgent Power Solutions, Inc. Electrical Equipment & Parts FPS$26.99 62 Health 62 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Energizer Holdings, Inc. Electrical Equipment & Parts ENR$22.72 48 Health 48 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Bloom Energy Corporation Electrical Equipment & Parts BE$218.50 45 Health 45 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Ballard Power Systems Inc. Electrical Equipment & Parts BLDP$1.43 44 Health 44 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Plug Power Inc. (PLUG).