Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.090
-0.030 (-1.42%)
At close: Sep 18, 2026, 4:00 PM EDT
2.060
-0.030 (-1.44%)
After-hours: Sep 18, 2026, 7:59 PM EDT

Plug Power Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Plug Power stock has a consensus rating of "Hold" and an average price target of $3.55. The average 1-year stock price forecast is 69.86% higher than the current stock price, while the lowest is $0.75 (-64.11%) and the highest is $7.00 (+234.93%).

Price Target: $3.55 (+69.86%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$0.75$3.55$3.50$7.00
Change-64.11%+69.86%+67.46%+234.93%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy555555
Buy000000
Hold121212121212
Sell000000
Strong Sell333333
Total202020202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
UBS
No rating
UBS
Hold
Reiterates
$4
HoldReiterates$4+91.39%Sep 16, 2026
Wolfe Research
Wolfe Research
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 12, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$3.5$5
BuyReiterates$3.5$5+139.23%Aug 12, 2026
Citi
Citi
Sell
Maintains
$0.75
SellMaintains$0.75-64.11%Aug 12, 2026
Unknown Analyst
Oppenheimer
No rating
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
818.51M
from 709.92M
Increased by 15.30%
Revenue Next Year
967.79M
from 818.51M
Increased by 18.24%
EPS This Year
-0.27
from -0.85
EPS Next Year
-0.15
from -0.27
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
502.34M701.44M891.34M628.81M709.92M818.51M
Revenue Growth
-39.63%27.07%-29.45%12.90%15.30%
Operating Income
-415.92M-657.86M-1.06B-1.12B-719.76M-296.89M
Net Income
-459.97M-724.01M-1.37B-2.10B-1.63B-575.48M
EPS
-----0.85-0.27
Free Cash Flow
-----647.00M-367.27M
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High849.1M
Avg818.5M
Low804.0M

Revenue Growth

Revenue Growth202620272028
High
19.6%
Avg
15.3%
Low
13.3%

EPS Forecast

EPS202620272028
High-0.22
Avg-0.27
Low-0.42

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-