Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
0.7947
-0.0484 (-5.74%)
At close: May 5, 2025, 4:00 PM
0.7986
+0.0039 (0.49%)
Pre-market: May 6, 2025, 9:14 AM EDT
Plug Power Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Plug Power stock have an average target of 2.19, with a low estimate of 0.75 and a high estimate of 5.00. The average target predicts an increase of 175.58% from the current stock price of 0.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Plug Power stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 9 | 9 | 8 | 8 | 8 |
| Sell | 3 | 2 | 2 | 3 | 3 | 3 |
| Strong Sell | 1 | 2 | 2 | 2 | 1 | 1 |
| Total | 21 | 19 | 19 | 18 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $1.8 → $1.25 | Hold | Maintains | $1.8 → $1.25 | +57.29% | Apr 14, 2025 |
| Seaport Global | Seaport Global | Strong Sell Maintains $1 → $0.75 | Strong Sell | Maintains | $1 → $0.75 | -5.62% | Apr 8, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +277.50% | Mar 25, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +277.50% | Mar 24, 2025 |
| UBS | UBS | Hold Maintains $2.5 → $1.75 | Hold | Maintains | $2.5 → $1.75 | +120.21% | Mar 21, 2025 |
Financial Forecast
Revenue This Year
794.78M
from 628.81M
Increased by 26.39%
Revenue Next Year
996.98M
from 794.78M
Increased by 25.44%
EPS This Year
-0.64
from -2.68
EPS Next Year
-0.43
from -0.64
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 | 1.6B | ||
| Avg | 794.8M | 997.0M | 1.2B | ||
| Low | 641.9M | 695.9M | 867.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 165.6% | 198.7% | 59.7% | ||
| Avg | 26.4% | 25.4% | 20.8% | ||
| Low | 2.1% | -12.4% | -13.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.40 | -0.25 | -0.16 | ||
| Avg | -0.64 | -0.43 | -0.33 | ||
| Low | -0.91 | -0.76 | -0.76 |
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.