PLUG Stock Forecast 2025-2026
Distance to PLUG Price Targets
PLUG Price Momentum
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Latest PLUG Stock Price Targets & Analyst Predictions
Based on our analysis of 38 Wall Street analysts, PLUG has a neutral consensus with a median price target of $1.88 (ranging from $0.75 to $5.00). The overall analyst rating is Buy (6.3/10). Currently trading at $0.85, the median forecast implies a 120.6% 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 488.2% upside. Conversely, the most conservative target is provided by Tom Curran at Seaport Global, suggesting a 11.8% 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 Ratings
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 |
|---|---|---|---|---|---|
| Apr 14, 2025 | Susquehanna | Biju Perincheril | Neutral | Maintains | $1.25 |
| Apr 8, 2025 | Seaport Global | Tom Curran | Sell | Maintains | $0.75 |
| Mar 25, 2025 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $3.00 |
| Mar 24, 2025 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $3.00 |
| Mar 21, 2025 | UBS | Manav Gupta | Neutral | Maintains | $1.75 |
| Mar 6, 2025 | Morgan Stanley | Arthur Sitbon | Underweight | Maintains | $1.60 |
| Mar 5, 2025 | BMO Capital | Ameet Thakkar | Underperform | Maintains | $1.40 |
| Mar 5, 2025 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $3.00 |
| Mar 5, 2025 | Piper Sandler | Kashy Harrison | Underweight | Maintains | $1.10 |
| Mar 5, 2025 | Susquehanna | Biju Perincheril | Neutral | Maintains | $1.80 |
| Mar 5, 2025 | B. Riley Securities | Ryan Pfingst | Buy | Maintains | $3.00 |
| Mar 5, 2025 | Truist Securities | Jordan Levy | Hold | Maintains | $1.50 |
| Mar 5, 2025 | Canaccord Genuity | George Gianarikas | Hold | Maintains | $1.25 |
| 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 | Craig-Hallum | Eric Stine | Buy | Maintains | $3.00 |
| Nov 14, 2024 | Piper Sandler | Kashy Harrison | Underweight | Maintains | $1.40 |
| Nov 14, 2024 | Wells Fargo | Michael Blum | Equal-Weight | Maintains | $2.00 |
Plug Power Inc. (PLUG) Competitors
The following stocks are similar to Plug Power based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Plug Power Inc. (PLUG) Financial Data
Plug Power Inc. has a market capitalization of $816.89M with a P/E ratio of -0.3x. The company generates $628.81M in trailing twelve-month revenue with a -99.4% profit margin.
Revenue growth is -13.8% quarter-over-quarter, while maintaining an operating margin of -212.9% and return on equity of -89.5%.
Valuation Metrics
Growth & Margins
Financial Health
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Plug Power Inc. (PLUG) Business Model
About Plug Power Inc.
Develops hydrogen fuel cell systems for energy.
Plug Power Inc. generates revenue through the commercialization of its hydrogen fuel cell systems, which replace conventional batteries in various applications such as material handling, electric vehicles, and stationary power generation. By targeting multiple industries, the company capitalizes on the growing demand for clean energy solutions.
Founded in 1997 and based in Latham, New York, Plug Power Inc. is crucial to the transition to renewable energy. As global markets increasingly prioritize sustainability and emissions reduction, the company's advanced technologies position it as a leader in the alternative energy sector.
Company Information
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,224
CEO
Mr. Andrew J. Marsh
Country
United States
IPO Year
1999
Website
www.plugpower.comPlug Power Inc. (PLUG) Latest News & Analysis
Latest News
Nuclear power stocks declined on Monday: Oklo down 6.3%, Constellation Energy down 6.5%, and Nano Nuclear Energy down 10.8% by 10:45 a.m. ET.
Nuclear power stocks declining indicates investor concerns about sector performance, potentially signaling reduced confidence in future growth or profitability in the nuclear energy market.
Plug Power (PLUG) experienced significant growth during the pandemic due to its expansion in hydrogen fuel cells and electrolyzers, making it a popular stock at that time.
Plug Power's past growth indicates strong market potential for hydrogen technology, but recent declines may signal volatility, affecting investor confidence and future valuations.
Olin's St. Gabriel facility has enhanced sustainability and profitability through hydrogen capture, with US hydrogen capacity now at 40 TPD.
Olin's hydrogen capture innovation boosts sustainability and profitability, signaling growth potential and operational efficiency, which could enhance shareholder value and attract environmentally-focused investments.
Zacks.com users have shown increased interest in Plug Power (PLUG), highlighting the importance of monitoring factors that could influence the stock's performance.
Increased attention from Zacks.com users suggests heightened interest in Plug Power, potentially influencing stock performance and investor sentiment.
Olin Corporation's joint venture with Plug Power, Hidrogenii, has commissioned a 15 TPD hydrogen liquefaction plant in St. Gabriel, boosting US hydrogen capacity to 40 TPD.
Olin's new hydrogen liquefaction plant enhances sustainability and boosts production capacity, potentially increasing profitability and attracting environmentally-focused investors.
Plug Power's stock has plummeted from a high of $75.45 in January 2021 to $1, reducing its market cap from $42.21 billion to $960 million, resulting in a loss of over $41 billion for investors.
Plug Power's drastic stock drop signals a loss of investor confidence and raises concerns about its financial health, impacting future investment decisions and market perceptions.
Frequently Asked Questions About PLUG Stock
What is Plug Power Inc.'s (PLUG) stock forecast for 2025?
Based on our analysis of 38 Wall Street analysts, Plug Power Inc. (PLUG) has a median price target of $1.88. The highest price target is $5.00 and the lowest is $0.75.
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 $0.85. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for PLUG stock?
Wall Street analysts predict PLUG stock could reach $1.88 in the next 12 months. This represents a 120.6% increase from the current price of $0.85. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Plug Power Inc.'s business model?
Plug Power Inc. generates revenue through the commercialization of its hydrogen fuel cell systems, which replace conventional batteries in various applications such as material handling, electric vehicles, and stationary power generation. By targeting multiple industries, the company capitalizes on the growing demand for clean energy solutions.
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 488.2% increase from the current price of $0.85.
What is the lowest forecasted price for PLUG Plug Power Inc.?
The lowest price target for PLUG is $0.75 from Tom Curran at Seaport Global, which represents a -11.8% decrease from the current price of $0.85.
What is the overall PLUG consensus from analysts for Plug Power Inc.?
The overall analyst consensus for PLUG is neutral. Out of 38 Wall Street analysts, 7 rate it as Buy, 15 as Hold, and 5 as Sell, with a median price target of $1.88.
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.
Important 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.