Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.110
-0.030 (-2.63%)
At close: Jun 20, 2025, 4:00 PM
1.115
+0.005 (0.45%)
After-hours: Jun 20, 2025, 7:59 PM EDT
Plug Power Stock Forecast
Stock Price Forecast
The 16 analysts that cover Plug Power stock have a consensus rating of "Hold" and an average price target of $1.76, which forecasts a 58.56% increase in the stock price over the next year. The lowest target is $0.5 and the highest is $4.
Price Target: $1.76 (+58.56%)
Analyst Consensus: Hold
* Price targets were last updated on May 20, 2025.
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 | -18.92% | May 20, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $1.25 → $0.5 | Sell | Maintains | $1.25 → $0.5 | -54.95% | May 19, 2025 |
| Piper Sandler | Piper Sandler | Sell Maintains $1.1 → $0.8 | Sell | Maintains | $1.1 → $0.8 | -27.93% | May 14, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | -9.91% | May 14, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $1 | Hold | Maintains | $1.25 → $1 | -9.91% | May 13, 2025 |
Financial Forecast
Revenue This Year
740.30M
from 628.81M
Increased by 17.73%
Revenue Next Year
933.87M
from 740.30M
Increased by 26.15%
EPS This Year
-0.61
from -2.68
EPS Next Year
-0.39
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 | 740.3M | 933.9M | 1.2B | ||
| Low | 686.0M | 781.5M | 984.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.9% | 54.7% | 69.1% | ||
| Avg | 17.7% | 26.1% | 30.5% | ||
| Low | 9.1% | 5.6% | 5.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.43 | -0.21 | -0.16 | ||
| Avg | -0.61 | -0.39 | -0.30 | ||
| Low | -0.71 | -0.54 | -0.56 |
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.