Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.220
+0.251 (25.88%)
At close: Jun 9, 2025, 4:00 PM
1.230
+0.010 (0.82%)
After-hours: Jun 9, 2025, 7:59 PM EDT
Plug Power Stock Forecast
Stock Price Forecast
According to 15 professional analysts, the 12-month price target for Plug Power stock ranges from a low of $0.50 to a high of $4.00. The average analyst price target of $1.76 forecasts a 44.26% increase in the stock price over the next year.
Price Target: $1.76 (+44.26%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 9 | 8 | 8 | 8 | 8 |
| Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Strong Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Total | 19 | 19 | 18 | 17 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $1.7 → $0.9 | Hold | Maintains | $1.7 → $0.9 | -26.23% | May 20, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $1.25 → $0.5 | Sell | Maintains | $1.25 → $0.5 | -59.02% | May 19, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $1.1 → $0.8 | Sell | Maintains | $1.1 → $0.8 | -34.43% | May 14, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | -18.03% | May 14, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $1 | Hold | Maintains | $1.25 → $1 | -18.03% | May 13, 2025 |
Financial Forecast
Revenue This Year
738.28M
from 628.81M
Increased by 17.41%
Revenue Next Year
920.12M
from 738.28M
Increased by 24.63%
EPS This Year
-0.61
from -2.68
EPS Next Year
-0.42
from -0.61
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 842.2M | 1.1B | 1.6B | ||
| Avg | 738.3M | 920.1M | 1.2B | ||
| Low | 677.4M | 722.6M | 826.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.9% | 55.1% | 71.6% | ||
| Avg | 17.4% | 24.6% | 27.8% | ||
| Low | 7.7% | -2.1% | -10.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.40 | -0.25 | -0.16 | ||
| Avg | -0.61 | -0.42 | -0.31 | ||
| 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.