Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.140
-0.030 (-1.38%)
Jul 20, 2026, 3:12 PM EDT - Market open
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 65.89% higher than the current stock price, while the lowest is $0.75 (-64.95%) and the highest is $7.00 (+227.10%).
Price Target: $3.55 (+65.89%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 13 | 12 | 12 | 12 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Total | 21 | 20 | 20 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 14, 2026 |
| Susquehanna | Susquehanna | Hold Maintains $3.75 → $2.5 | Hold | Maintains | $3.75 → $2.5 | +16.82% | Jul 10, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Reiterates $1.5 → $1.65 | Sell | Reiterates | $1.5 → $1.65 | -22.90% | Jul 9, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $1 → $4 | Hold | Maintains | $1 → $4 | +86.92% | Jun 25, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $7 | Buy | Maintains | $7 | +227.10% | May 20, 2026 |
Financial Forecast
Revenue This Year
813.59M
from 709.92M
Increased by 14.60%
Revenue Next Year
962.39M
from 813.59M
Increased by 18.29%
EPS This Year
-0.30
from -0.85
EPS Next Year
-0.16
from -0.30
EPS and Forward PE are based on non-GAAP adjusted numbers.