Plug Power Inc vs Raytheon Technologies Corp — how do they compare? Plug Power Inc trades at $2.23 (market cap $2.98B), while Raytheon Technologies Corp trades at $194.88 (market cap $260.81B). The key difference: Raytheon Technologies Corp is far larger — about 87.5× Plug Power Inc's market cap, and Raytheon Technologies Corp pays a 1.51% dividend while Plug Power Inc pays none. Which is the better fit depends on your goals.
| PLUG | RTX | |
|---|---|---|
Market Cap | $2.98B | $260.81B |
Sector | Industrials | Industrials |
52-Week High | $4.14 | $212.16 |
52-Week Low | $1.40 | $149.17 |
Enterprise Value | $3.77B | $292.93B |
Dividend Yield | — | 1.51% |
Signals from Pluang's Aura AI — not financial advice
Plug Power (PLUG) trades at $2.27, up 5.58% on the day, but remains in a bearish technical trend with oversold RSI readings. The company shows persistent unprofitability with a -227.13% net margin and negative cash flows, though recent earnings have beaten estimates in two of the last three quarters. Positive developments include a 50-megawatt electrolyzer order in Australia and strategic asset sales aimed at boosting liquidity by over $275 million, providing some operational momentum amid financial challenges.
The outlook remains high-risk due to deep losses and cash burn, but analyst consensus is cautiously optimistic with a $2.92 price target (28% upside). Investment opportunity hinges on successful turnaround execution and hydrogen demand growth, while key risks include continued dilution, competitive pressure, and reliance on financing to fund operations. The stock's depressed valuation reflects significant skepticism, leaving room for volatility on news flow.
RTX trades at $194.44, up 0.48% on the day, with a bullish technical signal from moving averages. The company reported strong earnings beats in recent quarters, with Q1 2026 EPS of $1.78 surpassing the $1.51 estimate. Revenue growth accelerated to $88.6B in 2025, and operating cash flow improved significantly to $10.57B. Recent contract wins, including a $515 million U.S. Navy radar award (PRNewsWire, June 3, 2026), underscore robust defense demand.
The outlook is positive, driven by multi-year defense agreements and expanding profit margins, though elevated debt levels and geopolitical risks pose challenges. Analyst consensus is strongly bullish with 18 buy ratings and no sells, supporting upside potential amid solid fundamental momentum.
Trailing returns across standard periods
Latest headlines on both assets
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Read more on PLUG →Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufactures and to the defense market as a prime and subprime contractor.
Read more on RTX →