PLUGPLUGIndustrials · Electrical Equipment & Parts

PLUG Stock Forecast: Plug Power, Inc. Price Predictions for 2026-2027

Last close, 11 Aug 2026
$2.22
+4.98% on the day

The 20 Wall Street analysts covering Plug Power, Inc. hold a median 12-month price target of $3.5 — +58.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 43 of 100 as at 11 Aug 2026 — in the lower half.

Market cap
$3.1B
Ticker Nerd rank
43 / 100
Median analyst target
$3.50
Analysts covering
20
Total return, dividends reinvested
1W
+2.5%
1M
−0.7%
YTD
+12.4%
1Y
+40.2%
From 52W high
−46.5%
From 52W low
+57.1%
$1.41
$4.14
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PLUG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Plug Power, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 11 Aug 2026
43 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
98
Growth
96
Revisions
53
Momentum
48
Volatility
34
Size
30
Quality
30
Value
28
Issuance
17

Accruals (98): Reported profit is backed by cash, and the company is not expanding recklessly.

Issuance (17): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs trader with fifteen years in markets.

Wall Street

PLUG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PLUG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.00$2.00$4.00$6.00$8.00Oct 25Jan 26Apr 26Jul 26PLUGHigh $7.00Median $3.50Low $0.75

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says20 analysts
5 Buy12 Hold3 Sell
Low $0.75Median $3.50High $7.00

The green dot is the last close — the median target sits +58.0% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
10 July 2026SusquehannaMaintainsNeutral$3.75$2.50
10 July 2026SusquehannaMaintainsNeutral
9 July 2026Morgan StanleyMaintainsUnderweight$1.50$1.65
9 July 2026Morgan StanleyMaintainsUnderweight
19 May 2026Wells FargoMaintainsEqual-Weight
13 May 2026SusquehannaMaintainsNeutral
12 May 2026B. Riley SecuritiesMaintainsBuy
12 May 2026BMO CapitalMaintainsUnderperform
12 May 2026Canaccord GenuityMaintainsHold
12 May 2026TD CowenMaintainsHold
29 Apr 2026Clear StreetMaintainsBuy
9 Apr 2026SusquehannaMaintainsNeutral
9 Mar 2026JefferiesMaintainsHold
4 Mar 2026Wells FargoMaintainsEqual-Weight
3 Mar 2026HC Wainwright & Co.ReiteratesBuy
9 Jan 2026TD CowenDowngradeHold
31 Dec 2025Clear StreetUpgradeBuy
20 Nov 2025Canaccord GenuityMaintainsHold
17 Nov 2025SusquehannaMaintainsNeutral
11 Nov 2025Canaccord GenuityMaintainsHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PLUG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

PLUG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
2
Analysts cutting
3
Fundamentals

Plug Power, Inc. (PLUG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−1.6×

Cheaper than 84% of US stocks

Price / sales
4.2×

Cheaper than 31% of US stocks

Price / book
4.1×

Cheaper than 27% of US stocks

EV / EBITDA
−7.8×

Cheaper than 82% of US stocks

Growth & margins
Revenue growth (YoY)
2.5%

Higher than 33% of US stocks

Earnings growth (YoY)
22.3%

Higher than 62% of US stocks

Gross margin
−13.2%

Higher than 4% of US stocks

Operating margin
−24.9%

Higher than 21% of US stocks

Net margin
−220.6%

Higher than 2% of US stocks

Returns & dividend
Return on equity
−145.0%

Higher than 9% of US stocks

Return on assets
−12.2%

Higher than 25% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

PLUG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelElectrical Equipment & Parts
CompanyMarket capTKN rank
PLUGPlug Power, Inc.$3.1B
43
ATKRAtkore, Inc.$3.2B
97
HAYWHayward Holdings, Inc.$3.3B
84
PLPCPreformed Line Products Co.$2.4B
93
AMPXAmprius Technologies, Inc.$1.8B
63
FCELFuelCell Energy, Inc.$1.5B
46
ENREnergizer Holdings, Inc.$1.5B
49

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Plug Power, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PLUG news & analysis

Plug Power Just Cut Its Losses in Half. Is It Time to Buy the Hydrogen Stock?

The Motley Fool · 12 Aug 2026positive

Plug Power reported rising revenue and falling costs, achieving a breakeven gross margin in the second quarter. The company cut its losses by half.

Why it matters — This marks a significant step toward profitability for Plug Power, as achieving breakeven gross margin indicates improving operational efficiency and cost management.

Why Plug Power Stock Popped Today

The Motley Fool · 12 Aug 2026positive

Plug Power's stock rose after the company reported that cost cuts are improving its margins and that it remains on track to generate positive EBITDA in the fourth quarter.

Why it matters — PLUG watchers would care because improving margins and a path to positive EBITDA indicate meaningful progress in the company's financial turnaround.

PLUG Q2 Earnings Call Centers on Margins and Higher Growth

Zacks Investment Research · 11 Aug 2026positive

On its Q2 earnings call, Plug Power raised its 2026 revenue growth guidance to 15-16% and reaffirmed its target of positive EBITDAS in Q4, citing improving margins and declining cash use.

Why it matters — PLUG watchers would care because the company is signaling improved financial performance through higher growth guidance, better margins, and reduced cash burn.

Plug Power Reports $178 Million in Revenue and Raises Its 2026 Guidance. Here's What PLUG Investors Need to Know.

The Motley Fool · 11 Aug 2026positive

Plug Power reported second-quarter earnings on Aug. 10 with $178 million in revenue and raised its 2026 guidance. Revenue gains and cost cuts are pushing the company toward profitability.

Why it matters — PLUG watchers would care because the company is showing progress toward profitability through rising revenue, cost reductions, and an upgraded 2026 outlook.

Plug Power Jumps 10% on Margin Turnaround, Raised 2026 Guidance; FuelCell, Bloom Energy Climb

24/7 Wall Street · 11 Aug 2026positive

Plug Power's stock rose 10% to $2.32 Tuesday morning after the hydrogen fuel cell maker reported Q2 2026 results Monday after the market close. The article also notes gains for FuelCell and Bloom Energy.

Why it matters — Plug Power watchers would care because the share price move follows the company's release of its latest quarterly results.

FAQ

Frequently asked questions about PLUG stock

What is the PLUG stock price forecast for 2026-2027?

The 20 Wall Street analysts covering Plug Power, Inc. have a median 12-month price target of $3.5, with estimates ranging from $0.75 to $7. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PLUG stock a buy right now?

Of the 20 analysts covering Plug Power, Inc., 5 rate it a Buy, 12 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Plug Power, Inc. 43 out of 100 across roughly 4,600 US stocks as at 11 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PLUG?

As at 11 Aug 2026, Plug Power, Inc. ranks 43 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (98 of 100).

Will PLUG stock go up?

No one can know that. What the data says: the median 12-month target from 20 analysts implies +58.0% from the last close, and Ticker Nerd's factor model ranks Plug Power, Inc. 43 out of 100 as at 11 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PLUG stock forecast for 2030?

No analyst covering Plug Power, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PLUG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $0.75 to $7 over the next 12 months.

How has PLUG stock performed over the past year?

Plug Power, Inc. returned +40.2% over the 12 months to 11 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Plug Power, Inc. do?

Plug Power Inc. is a hydrogen and fuel cell solutions company focused on building an integrated clean hydrogen ecosystem for industrial and commercial customers.

What is the latest news on PLUG?

The most recent item we track (The Motley Fool, 12 Aug 2026): "Plug Power Just Cut Its Losses in Half. Is It Time to Buy the Hydrogen Stock?". Plug Power reported rising revenue and falling costs, achieving a breakeven gross margin in the second quarter. The company cut its losses by half.

Company

About Plug Power, Inc.

Plug Power Inc. is a hydrogen and fuel cell solutions company focused on building an integrated clean hydrogen ecosystem for industrial and commercial customers. Plug Power develops products and services for hydrogen production, liquefaction, storage, delivery, dispensing, and energy generation, supporting applications across material handling, e-mobility, stationary power, and industrial operations. Its portfolio includes fuel cell systems for electric forklifts and other material handling equipment, hydrogen fueling infrastructure, electrolyzers for on-site clean hydrogen production, and maintenance and service offerings. The company serves sectors such as logistics, manufacturing, data centers, utilities, and refueling infrastructure, where reliable low-emission power and hydrogen supply are important operational needs. Plug Power’s role in the market is centered on providing end-to-end hydrogen solutions that connect production with use across multiple industries.

CEO Mr. Jose Luis Crespo · 2,344 employees · United States · https://www.plugpower.com