Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.220
-0.150 (-6.33%)
At close: Oct 22, 2024, 4:00 PM
2.200
-0.020 (-0.90%)
Pre-market: Oct 23, 2024, 7:04 AM EDT
Plug Power Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for Plug Power stock have an average target of 4.99, with a low estimate of 2.00 and a high estimate of 18. The average target predicts an increase of 124.77% from the current stock price of 2.22.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Plug Power stock from 26 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Hold | 14 | 14 | 14 | 14 | 14 | 15 |
Sell | 3 | 3 | 3 | 3 | 3 | 3 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 26 | 26 | 26 | 26 | 26 | 26 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Hold Maintains $2.2 → $2 | Hold | Maintains | $2.2 → $2 | -9.91% | Oct 3, 2024 |
RBC Capital | RBC Capital | Hold Maintains $3.5 → $2.5 | Hold | Maintains | $3.5 → $2.5 | +12.61% | Aug 12, 2024 |
Susquehanna | Susquehanna | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -9.91% | Aug 12, 2024 |
Truist Securities | Truist Securities | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -9.91% | Aug 12, 2024 |
Canaccord Genuity | Canaccord Genuity | Hold Maintains $3 → $2.5 | Hold | Maintains | $3 → $2.5 | +12.61% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
845.64M
from 891.34M
Decreased by -5.13%
Revenue Next Year
1.24B
from 845.64M
Increased by 46.28%
EPS This Year
-1.20
from -2.30
EPS Next Year
-0.57
from -1.20
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 945.8M | 1.6B | 2.3B | ||
Avg | 845.6M | 1.2B | 1.7B | ||
Low | 663.1M | 756.6M | 923.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.1% | 92.8% | 87.9% | ||
Avg | -5.1% | 46.3% | 37.5% | ||
Low | -25.6% | -10.5% | -25.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.99 | -0.29 | -0.16 | ||
Avg | -1.20 | -0.57 | -0.37 | ||
Low | -1.33 | -0.91 | -0.75 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.