12 Month Price Forecast For PLUG
Distance to PLUG Price Forecasts
PLUG Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 11, 2025 1:02 PM UTC
PLUG Analyst Ratings & Price Targets
Based on our analysis of 37 Wall Street analysts, PLUG has a neutral consensus with a median price target of $2.25 (ranging from $1.00 to $5.00). The overall analyst rating is Buy (6.3/10). Currently trading at $1.72, the median forecast implies a 30.8% upside. This outlook is supported by 7 Buy, 15 Hold, and 5 Sell ratings.
The most optimistic forecast comes from Amit Dayal at HC Wainwright & Co., projecting a 190.7% upside. Conversely, the most conservative target is provided by Tom Curran at Seaport Global, suggesting a 41.9% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
PLUG Analyst Consensus
PLUG Price Target Range
Latest PLUG Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for PLUG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jan 27, 2025 | Seaport Global | Tom Curran | Sell | Downgrade | $1.00 |
Jan 16, 2025 | Susquehanna | Biju Perincheril | Neutral | Maintains | $2.50 |
Nov 18, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $5.00 |
Nov 15, 2024 | Canaccord Genuity | George Gianarikas | Hold | Maintains | $2.00 |
Nov 14, 2024 | Piper Sandler | Kashy Harrison | Underweight | Maintains | $1.40 |
Nov 14, 2024 | Wells Fargo | Michael Blum | Equal-Weight | Maintains | $2.00 |
Nov 14, 2024 | BTIG | Gregory Lewis | Neutral | Downgrade | $0.00 |
Nov 14, 2024 | Craig-Hallum | Eric Stine | Buy | Maintains | $3.00 |
Nov 13, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $18.00 |
Nov 13, 2024 | Canaccord Genuity | George Gianarikas | Hold | Maintains | $2.25 |
Nov 13, 2024 | Evercore ISI Group | James West | Outperform | Maintains | $4.00 |
Oct 3, 2024 | Jefferies | Dushyant Ailani | Hold | Maintains | $2.00 |
Aug 12, 2024 | Susquehanna | Biju Perincheril | Neutral | Maintains | $2.00 |
Aug 12, 2024 | Truist Securities | Jordan Levy | Hold | Maintains | $2.00 |
Aug 12, 2024 | Canaccord Genuity | George Gianarikas | Hold | Maintains | $2.50 |
Aug 12, 2024 | RBC Capital | Chris Dendrinos | Sector Perform | Maintains | $2.50 |
Aug 9, 2024 | Wells Fargo | Michael Blum | Equal-Weight | Maintains | $3.00 |
Aug 9, 2024 | Craig-Hallum | Eric Stine | Buy | Maintains | $4.00 |
Jul 22, 2024 | Piper Sandler | Kashy Harrison | Underweight | Maintains | $2.40 |
May 14, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $18.00 |
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Plug Power Inc (PLUG) Financial Data
Plug Power Inc has a market capitalization of $1.58B with a P/E ratio of -0.7x. The company generates $659.51M in trailing twelve-month revenue with a -214.1% profit margin.
Revenue growth is -12.6% quarter-over-quarter, while maintaining an operating margin of -121.6% and return on equity of -43.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Plug Power Inc (PLUG) Company Overview
About Plug Power Inc
Develops hydrogen and fuel cell solutions.
The company generates revenue by providing a range of hydrogen and fuel cell products, including fuel cell systems for electric vehicles, stationary power solutions, and hydrogen fueling infrastructure. It sells these products through direct sales, partnerships with original equipment manufacturers, and dealer networks.
Plug Power operates internationally and is involved in multiple sectors including telecommunications, transportation, and utilities. The company was founded in 1997 and is based in Latham, New York, positioning itself as a key player in the transition to clean hydrogen energy and alternative fuels.
Company Information
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,868
CEO
Mr. Andrew J. Marsh
Country
United States
IPO Year
1999
Website
www.plugpower.comPlug Power Inc (PLUG) Latest News & Analysis
Investors should be cautious; while buying undervalued stocks can yield high returns, not all significantly decreased stocks are sound investments.
Identifying undervalued stocks can enhance returns, but caution is needed; not all declines indicate a good investment opportunity, which could lead to losses.
Plug Power (PLUG) shares fell 12.7% in January 2025, continuing a downward trend after a 53% decline in 2024, as reported by S&P Global Market Intelligence.
Plug Power's continued stock decline signals worsening investor confidence, potential cash flow issues, and challenges in the hydrogen market, impacting future performance and investment strategies.
Plug Power stock is near its all-time low, down over 8% this year and 58% in the past 12 months, with a current market cap of approximately $1.69 billion.
Plug Power's significant stock decline signals potential instability in the new energy sector, affecting investor confidence and market sentiment towards similar companies.
Plug Power (PLUG) closed at $1.86, unchanged from the previous trading session.
Plug Power's stagnant stock price indicates potential market uncertainty or lack of investor confidence, impacting future investment decisions and market sentiment.
Analysts project Plug Power (PLUG) will increase sales by approximately 36% in 2025, according to Wall Street consensus estimates.
Anticipated 36% sales growth for Plug Power in 2025 signals strong market confidence, potentially driving stock value and attracting more investment in the hydrogen sector.
Is Plug Power Stock a Buy Now?
14 days agoPlug Power (PLUG) is focusing on expanding its hydrogen fuel cell technology to establish a leadership position in the hydrogen ecosystem as demand for renewable fuels grows.
Plug Power's focus on hydrogen fuel cells positions it for growth in the renewable energy sector, potentially enhancing its market share and attracting investment amid increasing demand for sustainable solutions.
Frequently Asked Questions About PLUG Stock
What is Plug Power Inc's (PLUG) stock forecast for 2025?
Based on our analysis of 37 Wall Street analysts, Plug Power Inc (PLUG) has a median price target of $2.25. The highest price target is $5.00 and the lowest is $1.00.
Is PLUG stock a good investment in 2025?
According to current analyst ratings, PLUG has 7 Buy ratings, 15 Hold ratings, and 5 Sell ratings. The stock is currently trading at $1.72. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for PLUG stock?
Wall Street analysts predict PLUG stock could reach $2.25 in the next 12 months. This represents a 30.8% increase from the current price of $1.72. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Plug Power Inc's business model?
The company generates revenue by providing a range of hydrogen and fuel cell products, including fuel cell systems for electric vehicles, stationary power solutions, and hydrogen fueling infrastructure. It sells these products through direct sales, partnerships with original equipment manufacturers, and dealer networks.
What is the highest forecasted price for PLUG Plug Power Inc?
The highest price target for PLUG is $5.00 from Amit Dayal at HC Wainwright & Co., which represents a 190.7% increase from the current price of $1.72.
What is the lowest forecasted price for PLUG Plug Power Inc?
The lowest price target for PLUG is $1.00 from Tom Curran at Seaport Global, which represents a -41.9% decrease from the current price of $1.72.
What is the overall PLUG consensus from analysts for Plug Power Inc?
The overall analyst consensus for PLUG is neutral. Out of 37 Wall Street analysts, 7 rate it as Buy, 15 as Hold, and 5 as Sell, with a median price target of $2.25.
How accurate are PLUG stock price projections?
Stock price projections, including those for Plug Power Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.