Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
3.655
-0.215 (-5.56%)
At close: Oct 8, 2025, 4:00 PM EDT
3.640
-0.015 (-0.41%)
After-hours: Oct 8, 2025, 5:57 PM EDT
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 $2.18, which forecasts a -40.36% decrease in the stock price over the next year. The lowest target is $0.50 and the highest is $7.00.
Price Target: $2.18 (-40.36%)
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 8 | 7 | 7 | 8 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 16 | 16 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Clear Street | Clear Street | Strong Buy → Hold Downgrades $3.5 | Strong Buy → Hold | Downgrades | $3.5 | -4.24% | Oct 8, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3 → $7 | Strong Buy | Maintains | $3 → $7 | +91.52% | Oct 3, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $1 → $1.5 | Hold | Maintains | $1 → $1.5 | -58.96% | Aug 14, 2025 |
| BMO Capital | BMO Capital | Sell Maintains $1.1 → $1 | Sell | Maintains | $1.1 → $1 | -72.64% | Aug 12, 2025 |
| Jefferies | Jefferies | Hold Maintains $0.9 → $1.6 | Hold | Maintains | $0.9 → $1.6 | -56.22% | Jul 23, 2025 |
Financial Forecast
Revenue This Year
724.22M
from 628.81M
Increased by 15.17%
Revenue Next Year
901.28M
from 724.22M
Increased by 24.45%
EPS This Year
-0.63
from -2.68
EPS Next Year
-0.35
from -0.63
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 803.4M | 1.1B | |||
| Avg | 724.2M | 901.3M | |||
| Low | 668.4M | 781.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 27.8% | 49.5% | |||
| Avg | 15.2% | 24.4% | |||
| Low | 6.3% | 8.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.53 | -0.25 | |||
| Avg | -0.63 | -0.35 | |||
| Low | -0.70 | -0.52 |
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.