Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.530
-0.040 (-2.55%)
At close: Jul 15, 2025, 4:00 PM
1.545
+0.015 (0.98%)
After-hours: Jul 15, 2025, 5:27 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 15.03% increase in the stock price over the next year. The lowest target is $0.5 and the highest is $4.

Price Target: $1.76 (+15.03%)
Analyst Consensus: Hold
Target Low Average Median High
Price $0.50 $1.76 $1.40 $4.00
Change -67.32% +15.03% -8.50% +161.44%
* 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 Feb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy 544333
Buy 111111
Hold 988888
Sell 233333
Strong Sell 221111
Total 191817161616

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 -41.18% May 20, 2025
Morgan Stanley
Morgan Stanley
Sell
Maintains
$1.25$0.5
Sell Maintains $1.25$0.5 -67.32% May 19, 2025
Piper Sandler
Piper Sandler
Sell
Maintains
$1.1$0.8
Sell Maintains $1.1$0.8 -47.71% May 14, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$2$1
Hold Maintains $2$1 -34.64% May 14, 2025
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$1.25$1
Hold Maintains $1.25$1 -34.64% May 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
742.67M
from 628.81M
Increased by 18.11%
Revenue Next Year
930.50M
from 742.67M
Increased by 25.29%
EPS This Year
-0.60
from -2.68
EPS Next Year
-0.38
from -0.60
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
-93.24M502.34M701.44M891.34M628.81M742.67M930.50M1.24B
Revenue Growth
- - 39.63% 27.07% -29.45% 18.11% 25.29% 32.83%
EPS
-1.68-0.82-1.25-2.30-2.68-0.60-0.38-0.29
EPS Growth
- - - - - - - -
Forward PE
--------
No. Analysts
-----262514
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 842.2M 1.1B 1.6B
Avg 742.7M 930.5M 1.2B
Low 686.0M 781.5M 995.5M

Revenue Growth

Revenue Growth 20252026202720282029
High
33.9%
54.2%
69.7%
Avg
18.1%
25.3%
32.8%
Low
9.1%
5.2%
7.0%

EPS Forecast

EPS 20252026202720282029
High -0.43 -0.21 -0.15
Avg -0.60 -0.38 -0.29
Low -0.71 -0.54 -0.56

EPS Growth

EPS Growth 20252026202720282029
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.