Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.245
-0.245 (-9.84%)
At close: Nov 14, 2025, 4:00 PM EST
2.090
-0.155 (-6.90%)
After-hours: Nov 14, 2025, 7:59 PM EST
Plug Power Stock Forecast
Stock Price Forecast
The 15 analysts that cover Plug Power stock have a consensus rating of "Hold" and an average price target of $2.39, which forecasts a 6.46% increase in the stock price over the next year. The lowest target is $0.50 and the highest is $7.00.
Price Target: $2.39 (+6.46%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Plug Power stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 7 | 7 | 8 | 8 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 16 | 15 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $2.5 | Hold | Maintains | $1.25 → $2.5 | +11.36% | Nov 11, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $1.8 → $3.5 | Hold | Maintains | $1.8 → $3.5 | +55.90% | Oct 13, 2025 |
| Clear Street | Clear Street | Strong Buy → Hold Downgrades $3.5 | Strong Buy → Hold | Downgrades | $3.5 | +55.90% | Oct 8, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3 → $7 | Strong Buy | Maintains | $3 → $7 | +211.80% | Oct 3, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $1 → $1.5 | Hold | Maintains | $1 → $1.5 | -33.18% | Aug 14, 2025 |
Financial Forecast
Revenue This Year
761.73M
from 628.81M
Increased by 21.14%
Revenue Next Year
959.45M
from 761.73M
Increased by 25.96%
EPS This Year
-0.61
from -2.68
EPS Next Year
-0.33
from -0.61
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.7B | 2.4B | |||
| Avg | 761.7M | 959.5M | |||
| Low | 666.4M | 781.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 165.6% | 211.7% | |||
| Avg | 21.1% | 26.0% | |||
| Low | 6.0% | 2.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.42 | -0.25 | |||
| Avg | -0.61 | -0.33 | |||
| Low | -0.68 | -0.51 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | |||
| Avg | - | - | |||
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.