Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.540
0.00 (0.00%)
At close: Mar 25, 2025, 4:00 PM
1.550
+0.010 (0.65%)
After-hours: Mar 25, 2025, 5:47 PM EST

Plug Power Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Plug Power stock have an average target of 2.23, with a low estimate of 1.00 and a high estimate of 5.00. The average target predicts an increase of 44.81% from the current stock price of 1.54.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.00 $2.23 $2.00 $5.00
Change -35.06% +44.81% +29.87% +224.68%

Analyst Ratings

The average analyst rating for Plug Power stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 666554
Buy 211111
Hold 151010998
Sell 333223
Strong Sell 111222
Total 272121191918

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +94.81% Mar 25, 2025
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +94.81% Mar 24, 2025
UBS
UBS
Hold
Maintains
$2.5$1.75
Hold Maintains $2.5$1.75 +13.64% Mar 21, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$1.75$1.6
Sell Maintains $1.75$1.6 +3.90% Mar 6, 2025
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$2$1.25
Hold Maintains $2$1.25 -18.83% Mar 5, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
907.73M
from 628.81M
Increased by 44.36%
Revenue Next Year
1.19B
from 907.73M
Increased by 31.32%
EPS This Year
-0.64
from -2.68
EPS Next Year
-0.43
from -0.64
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
-93.24M502.34M701.44M891.34M628.81M907.73M1.19B1.48B
Revenue Growth
--39.63%27.07%-29.45%44.36%31.32%24.41%
EPS
-1.68-0.82-1.25-2.30-2.68-0.64-0.43-0.16
EPS Growth
--------
Forward PE
--------
No. Analysts -----28237
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 1.2B 1.7B 1.9B
Avg 907.7M 1.2B 1.5B
Low 662.3M 801.4M 1.1B

Revenue Growth

Revenue Growth 20252026202720282029
High
88.0%
89.6%
56.0%
Avg
44.4%
31.3%
24.4%
Low
5.3%
-11.7%
-7.3%

EPS Forecast

EPS 20252026202720282029
High -0.40 -0.26 0.32
Avg -0.64 -0.43 -0.16
Low -0.81 -0.72 -0.44

EPS Growth

EPS Growth 20252026202720282029
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.