THE INVESTOR'S DESK
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MARKET CLOSED

PLUG

Plug Power Inc
$1.89-0.01 ▼ -0.53%Oct 5, 4:00 PM ET
OptionsPaper trade
Target price—Cash flow is negative
Crowd score35/100Crowd-driven · 0 confirming
Sentiment+0.10FinBERT, −1 to +1
Mentions · 24h6▲ +281.8% vs 7-day avg

Price × crowd

1M3M1Y5Y
1.61.8Jul 25, 2026Aug 25, 2026Sep 25, 2026

Why this score

2 sources

Each part compares today with this ticker's own last 60 trading days. The centre line is normal.

  • Attention 35%+0.9σ
  • Opinion 35%no data yet—
  • Breadth 15%no data yet—
  • Momentum 15%+0.8σ
Wikipedia +0.9σHeadlines −0.3σ
Sources confirming
0
Driven by
The crowd (no big news)
Consensus
100% one side

Herd behaviour

score, last year
060100NovJanMarMayJulSep
Hype gap+1.2σCrowd and news are roughly in step.
Fades in1.3 daysBursts of attention halve quickly: fads come and go.
Talk vs pricemove −1.1σToday's price move compared with the last 60 days.
StreaknoneTrading days in a row at a score of 60 or more.

What the crowd is saying

24h
  • Butt+0.0764% of mentions
  • Com0.0021% of mentions
  • Dif wn+0.5814% of mentions
All narratives on Crowd →

Valuation

drag to change
Target priceDCF—No positive value at these assumptions.
FILINGS TO 2026-06-30

Discounted cash flow. Valued on free cash flow: what the business generates for everyone who funds it.Free cash flow is negative, so a DCF can't give a value yet. Drag the margin to see what it would take.

6.65%
Fades to terminal growth by year 10 · starts at 6.65%
-119.3%
Share of revenue left as cash · starts at -119.30%
13.1%
What all investors demand each year · starts at 13.13%
2.50%
Forever, after year 10 · starts at 2.50%
How the value adds up
10 years of free cash flow, today's value−$6.1B
+Everything after year 10−$3.9B
Business value (EV)−$10.0B
+Cash and investments$162M
−Debt and minority interests$6M
Owners' value−$9.9B
÷Shares1.40B
Per share—
If the rates were different
WACC ↓ g →1.5%2.0%2.5%3.0%3.5%
12.1%-7-8-8-8-9
12.6%-7-7-7-8-8
13.1%-7-7-7-7-8
13.6%-6-7-7-7-7
14.1%-6-6-6-7-7
Rows: WACC. Columns: terminal growth. Centre = your settings. Green = above today's price.
The 10-year projection
Year12345678910
Growth6.6%6.2%5.7%5.3%4.8%4.3%3.9%3.4%3.0%2.5%
Revenue$794M$843M$891M$938M$983M$1.0B$1.1B$1.1B$1.1B$1.2B
Free cash flow−$947M−$1.0B−$1.1B−$1.1B−$1.2B−$1.2B−$1.3B−$1.3B−$1.4B−$1.4B
Worth today−$837M−$785M−$734M−$683M−$633M−$584M−$536M−$490M−$446M−$404M
Where the starting numbers come from
Revenue, last 12 months
$744M
Revenue growth: 3-yr avg / last yr
0.4% / 12.9%
FCF margin: last 12 mo / 3-yr median
-69.9% / -168.7%
Risk-free rate
5.28%
Beta (Finnhub, adjusted toward 1)
1.75
Stock premium over Treasuries
4.5%
Cost of equity = rf + β × premium
13.1%
Cost of debt (before tax)
11.3%
Tax rate
21.0%
Equity share of funding
100%

Free cash flow = operating cash flow − capital spending − stock-based pay + after-tax interest. Growth starts at the average of the 3-year and last-year rates; the margin is the average of the last 12 months and the 3-year median.

SEC EDGAR XBRL · Risk-free: 10-year Treasury, 2026-10-02 · Beta: Finnhub, adjusted toward 1 · short_term_investments not reported on the latest balance sheet; treated as 0 · debt_long not reported on the latest balance sheet; treated as 0 · debt_current not reported on the latest balance sheet; treated as 0 · debt_short not reported on the latest balance sheet; treated as 0

Key stats

Market cap$2.7B
P/E (TTM)—
Gross margin-18.6%
Operating margin-175.6%
52-week range$1.70 – $4.58
Avg volume (10 days)45.8M
Beta2.12

From Finnhub, updated a few times a day.