Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Plug Power Inc Market Cap
From what 27 stock analysts predict, the share price for Plug Power Inc (PLUG) might increase by 8.8% in the next year. This is based on a 12-month average estimation for PLUG. Price targets go from $1.4 to $5. The majority of stock analysts believe PLUG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
PLUG is a stock in Industrials which has been forecasted to be worth $2.73095 as an average. On the higher end, the forecast price is $5 USD by Chris Dendrinos from RBC Capital and on the lower end PLUG is forecasted to be $1.4 by Kashy Harrison from Piper Sandler.
These are the latest 20 analyst ratings of PLUG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Amit Dayal HC Wainwright & Co. | Buy | $5 | Maintains | Nov 18, 2024 |
| George Gianarikas Canaccord Genuity | Hold | $2 | Maintains | Nov 15, 2024 |
| Eric Stine Craig-Hallum | Buy | $3 | Maintains | Nov 14, 2024 |
| Kashy Harrison Piper Sandler | Underweight | $1.4 | Maintains | Nov 14, 2024 |
| Gregory Lewis BTIG | Neutral | Downgrade | Nov 14, 2024 | |
| Michael Blum Wells Fargo | Equal-Weight | $2 | Maintains | Nov 14, 2024 |
| George Gianarikas Canaccord Genuity | Hold | $2.25 | Maintains | Nov 13, 2024 |
| Amit Dayal HC Wainwright & Co. | Buy | $18 | Reiterates | Nov 13, 2024 |
| James West Evercore ISI Group | Outperform | $4 | Maintains | Nov 13, 2024 |
| Dushyant Ailani Jefferies | Hold | $2 | Maintains | Oct 3, 2024 |
| Biju Perincheril Susquehanna | Neutral | $2 | Maintains | Aug 12, 2024 |
| Chris Dendrinos RBC Capital | Sector Perform | $2.5 | Maintains | Aug 12, 2024 |
| George Gianarikas Canaccord Genuity | Hold | $2.5 | Maintains | Aug 12, 2024 |
| Jordan Levy Truist Securities | Hold | $2 | Maintains | Aug 12, 2024 |
| Michael Blum Wells Fargo | Equal-Weight | $3 | Maintains | Aug 9, 2024 |
| Eric Stine Craig-Hallum | Buy | $4 | Maintains | Aug 9, 2024 |
| Kashy Harrison Piper Sandler | Underweight | $2.4 | Maintains | Jul 22, 2024 |
| Amit Dayal HC Wainwright & Co. | Buy | $18 | Reiterates | May 14, 2024 |
| George Gianarikas Canaccord Genuity | Hold | $3 | Maintains | May 13, 2024 |
| Biju Perincheril Susquehanna | Neutral | $3 | Maintains | May 10, 2024 |
When did it IPO
1999
Staff Count
3,868
Country
United States
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. Andrew J. Marsh
Market Cap
$2.29B
In 2023, PLUG generated $891.3M in revenue, which was a increase of 27.07% from the previous year. This can be seen as a signal that PLUG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 09 Dec 2024
Sentiment - NEUTRAL
Source - Benzinga
Summary - The hydrogen industry, including Plug Power Inc (PLUG), awaits the Treasury's final guidance on the Inflation Reduction Act's 45V Production Tax Credit.
Why It Matters - The release of final guidance on the 45V Production Tax Credit could significantly impact Plug Power's financial outlook and the hydrogen industry's growth prospects, affecting investor sentiment and stock performance.
Thu, 05 Dec 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Plug Power (PLUG) is currently attracting significant attention from Zacks.com users, indicating increased interest and potential analysis regarding its future performance.
Why It Matters - Increased interest in Plug Power suggests potential volatility and opportunity, impacting stock performance and investment strategies.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - The Motley Fool
Summary - The hydrogen energy company is facing financial pressure due to increasing losses.
Why It Matters - Rising losses indicate financial instability, potentially leading to decreased investor confidence and lower stock prices for the hydrogen energy company.
Mon, 02 Dec 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Plug Power (PLUG) stock has not rebounded in 2024 despite market gains, facing increasing challenges with its balance sheet.
Why It Matters - Plug Power's stock underperformance amid a market surge signals potential financial instability, impacting investor confidence and future growth prospects.
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Plug Power Inc. will participate in the Jefferies Renewables & Clean Energy Conference on December 4, 2024, at 11:00 AM ET, featuring CRO Jose Luis Crespo.
Why It Matters - Plug Power's participation in a major clean energy conference highlights its strategic initiatives and potential growth, signaling opportunities in the renewable energy sector for investors.
Mon, 02 Dec 2024
Sentiment - POSITIVE
Source - MarketBeat
Summary - From 2025, electricity demand is expected to rise due to AI growth, strong economic forecasts, and weather-related factors, signaling a potential investment opportunity in energy sectors.
Why It Matters - Rising electricity demand from AI, economic growth, and climate factors signals potential investment opportunities in energy sectors and infrastructure, impacting utilities and tech companies.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
