Plug Power Inc
NASDAQ:PLUG

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Plug Power Inc
NASDAQ:PLUG
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Price: 2.51 USD 20.1% Market Closed
Market Cap: 2.2B USD
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Wall Street
Price Targets

PLUG Price Targets Summary
Plug Power Inc

Wall Street analysts forecast PLUG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PLUG is 4.25 USD with a low forecast of 1.52 USD and a high forecast of 18.9 USD.

Lowest
Price Target
1.52 USD
40% Downside
Average
Price Target
4.25 USD
69% Upside
Highest
Price Target
18.9 USD
653% Upside

PLUG Last Price Targets
Plug Power Inc

The latest public price target was made on Aug 12, 2024 by George Gianarikas from Canaccord Genuity , who expects PLUG stock to drop by 0% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
George Gianarikas
Canaccord Genuity
2.5 USD
Downside 0%
2 months ago
Aug 12, 2024
Plug Power price target lowered to $2.50 from $3 at Canaccord
TheFly
Jordan Levy
Truist Financial
2 USD
Downside 20%
2 months ago
Aug 12, 2024
Plug Power price target lowered to $2 from $3 at Truist
TheFly
Ameet Thakkar
BMO Capital
1.8 USD
Downside 28%
2 months ago
Aug 9, 2024
Plug Power (PLUG) PT Lowered to $1.80 at BMO Capital
StreetInsider
Ameet Thakkar
BMO Capital
2.25 USD
Downside 10%
3 months ago
Jul 19, 2024
BMO Capital Reiterates Underperform Rating on Plug Power (PLUG), 'liquidity situation appears more perilous than even we though'
StreetInsider
Manav Gupta
UBS
2.75 USD
Upside 10%
4 months ago
Jul 2, 2024
Plug Power (PLUG) PT Lowered to $2.75 at UBS
StreetInsider
Chris Dendrinos
RBC Capital
3.5 USD
Upside 39%
5 months ago
May 14, 2024
RBC Capital Comments on Plug Power (PLUG) DOE Conditional Commitment Loan
StreetInsider
Ameet Thakkar
BMO Capital
2.5 USD
Downside 0%
5 months ago
May 14, 2024
BMO Capital Reiterates Underperform Rating on Plug Power (PLUG)
StreetInsider
Kashy Harrison
Piper Sandler
2.5 USD
Downside 0%
5 months ago
May 10, 2024
Plug Power (PLUG) PT Lowered to $2.50 at Piper Sandler
StreetInsider
Kashy Harrison
Piper Sandler
2.9 USD
Upside 16%
8 months ago
Mar 5, 2024
Plug Power May Be Plagued By Another Challenging Year - Analyst Forecasts Negative Fuel Margins In FY24
Benzinga
Jordan Levy
Truist Financial
4 USD
Upside 59%
8 months ago
Feb 28, 2024
Plug Power's Challenges Remain Despite Strength In Fuel Margins: Analyst
Benzinga
Jordan Levy
Truist Financial
3 USD
Upside 20%
9 months ago
Jan 23, 2024
Plug Power's Long-Term Visibility Worries This Analyst - Forecast Halved
Benzinga
Biju Perincheril
Susquehanna
4.5 USD
Upside 79%
9 months ago
Jan 11, 2024
Analyst Cautions On Plug Power And SunPower, Flags Financing Concerns, Slow Recovery
Benzinga
Kashy Harrison
Piper Sandler
2.3 USD
Downside 8%
10 months ago
Dec 19, 2023
Why Plug Power Stock Is Losing Charge Premarket
Benzinga
Arthur Sitbon
Morgan Stanley
3 USD
Upside 20%
10 months ago
Dec 6, 2023
Plug Power 'Plagued' But A Rival Hydrogen OEM Stock Shows Promise: Morgan Stanley
Benzinga
Andrew Percoco
Morgan Stanley
15 USD
Upside 498%
1 year ago
Aug 10, 2023
Plug Power's Margin Improvement 'Is Proving Elusive': Analysts Deep Dive Into Q2 Print
Benzinga
Chris Dendrinos
RBC Capital
12 USD
Upside 378%
1 year ago
Aug 10, 2023
Plug Power's Margin Improvement 'Is Proving Elusive': Analysts Deep Dive Into Q2 Print
Benzinga
Colin Rusch
Oppenheimer
21 USD
Upside 737%
1 year ago
Aug 10, 2023
Plug Power's Margin Improvement 'Is Proving Elusive': Analysts Deep Dive Into Q2 Print
Benzinga
Abhishek Sinha
Northland Securities
22 USD
Upside 776%
1 year ago
Jul 14, 2023
This Plug Power Analyst Expects Break-Even Margins By This Year End: Here's Why
Benzinga
Biju Perincheril
Susquehanna
15 USD
Upside 498%
1 year ago
May 10, 2023
Project Delays To Drag Margins For Plug Power, Analyst Cautions
Benzinga
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George Gianarikas
Canaccord Genuity
Price Target 2.5 USD
Upside/Downside 0%
View Source
Jordan Levy
Truist Financial
Price Target 2 USD
Upside/Downside 20%
View Source
Ameet Thakkar
BMO Capital
Price Target 1.8 USD
Upside/Downside 28%
View Source
Ameet Thakkar
BMO Capital
Price Target 2.25 USD
Upside/Downside 10%
View Source
Manav Gupta
UBS
Price Target 2.75 USD
Upside/Downside 10%
View Source
Chris Dendrinos
RBC Capital
Price Target 3.5 USD
Upside/Downside 39%
View Source
Ameet Thakkar
BMO Capital
Price Target 2.5 USD
Upside/Downside 0%
View Source
Kashy Harrison
Piper Sandler
Price Target 2.5 USD
Upside/Downside 0%
View Source
Kashy Harrison
Piper Sandler
Price Target 2.9 USD
Upside/Downside 16%
View Source
Jordan Levy
Truist Financial
Price Target 4 USD
Upside/Downside 59%
View Source
Jordan Levy
Truist Financial
Price Target 3 USD
Upside/Downside 20%
View Source
Biju Perincheril
Susquehanna
Price Target 4.5 USD
Upside/Downside 79%
View Source
Kashy Harrison
Piper Sandler
Price Target 2.3 USD
Upside/Downside 8%
View Source
Arthur Sitbon
Morgan Stanley
Price Target 3 USD
Upside/Downside 20%
View Source
Andrew Percoco
Morgan Stanley
Price Target 15 USD
Upside/Downside 498%
View Source
Chris Dendrinos
RBC Capital
Price Target 12 USD
Upside/Downside 378%
View Source
Colin Rusch
Oppenheimer
Price Target 21 USD
Upside/Downside 737%
View Source
Abhishek Sinha
Northland Securities
Price Target 22 USD
Upside/Downside 776%
View Source
Biju Perincheril
Susquehanna
Price Target 15 USD
Upside/Downside 498%
View Source
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Revenue
Forecast

Revenue Estimate
Plug Power Inc

For the last 8 years the compound annual growth rate for Plug Power Inc's revenue is 31%. The projected CAGR for the next 3 years is 24%.

31%
Past Growth
24%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Plug Power Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
13%
Average Beat

Net Income
Forecast

Net Income Estimate
Plug Power Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-72%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PLUG's stock price target?
Price Target
4.25 USD

According to Wall Street analysts, the average 1-year price target for PLUG is 4.25 USD with a low forecast of 1.52 USD and a high forecast of 18.9 USD.

What is Plug Power Inc's Revenue forecast?
Projected CAGR
24%

For the last 8 years the compound annual growth rate for Plug Power Inc's revenue is 31%. The projected CAGR for the next 3 years is 24%.

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