Plug Power Inc. logo PLUG - Plug Power Inc.

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| PRICE TARGET: $1.80 DETAILS
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MEDIAN: $1.73
CONSENSUS: $1.80
DOWNSIDE: 17.05%

About Plug Power Inc. (https://www.plugpower.com)

Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets. The company is actively constructing an end-to-end green hydrogen ecosystem, encompassing its production, efficient storage and delivery, and subsequent energy generation for both mobile and fixed applications. Its technological portfolio includes advanced proton exchange membrane (PEM) and fuel cell systems, fuel processing capabilities, and innovative fuel cell/battery hybrid designs. Furthermore, Plug Power develops the essential infrastructure for green hydrogen generation, storage, and dispensing. Among its flagship offerings is GenDrive, a hydrogen-powered PEM fuel cell system specifically engineered for material handling electric vehicles. GenFuel provides a complete liquid hydrogen fueling solution, covering generation, storage, delivery, and dispensing. GenCare is an IoT-driven service program that ensures ongoing maintenance and on-site support for various Plug Power systems, including GenDrive, GenSure, GenFuel, and ProGen. For stationary power needs, GenSure delivers modular PEM fuel cell power, crucial for backup and grid-support in telecommunications, transportation, and utility sectors. The company also offers GenKey, an integrated, ready-to-use solution for businesses transitioning to fuel cell power. ProGen represents the core fuel cell stack and engine technology, versatile enough for mobile and stationary fuel cell systems, and serving as engines in electric delivery vans. Additionally, GenFuel Electrolyzers are optimized hydrogen generators designed for clean hydrogen production. Plug Power distributes its products through a multi-channel approach, leveraging a direct sales force, collaborations with original equipment manufacturers (OEMs), and an extensive dealer network. The firm boasts significant strategic alliances with prominent entities such as Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. Established in 1997, Plug Power Inc. maintains its corporate headquarters in Latham, New York.

Key Executives

NAME TITLE DOB SALARY
Paul Middleton Executive Vice President, CAO & Chief Financial Officer 1967 $3,339,519 USD
Dean Fullerton Chief Operating Officer 1968 $1,768,571 USD
Andrew J. Marsh Executive Chairman 1956 $1,745,653 USD
Jose Luis Crespo CEO, President & Director 1970 $1,422,583 USD
Benjamin Haycraft Chief Strategy Officer & GM of EMEA Region $1,078,555 USD
Gerard L. Conway Jr. EVice President, Chief Legal Officer, General Counsel & Corporate Secretary 1965 $559,717 USD
Bridgid Brown Chief of Staff
Meryl Fritz Manager of Marketing and Communications
Teal Vivacqua Hoyos Director of Marketing Communications

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