Plug Power (PLUG) Stock Forecast, Price Target & Predictions
PLUG Stock Forecast
Plug Power stock forecast is as follows: an average price target of $22.53 (represents a 1043.65% upside from PLUG’s last price of $1.97) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
PLUG Price Target
PLUG Analyst Ratings
Buy
Plug Power Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 13, 2024 | Ameet Thakkar | BMO Capital | $1.60 | $1.97 | -18.78% | -18.78% |
Nov 12, 2024 | George Giankarikas | Canaccord Genuity | $2.25 | $1.91 | 17.80% | 14.21% |
Nov 12, 2024 | Gregory Lewis | BTIG | $5.00 | $2.52 | 98.81% | 153.81% |
Aug 12, 2024 | Jordan Levy | Truist Financial | $2.00 | $1.99 | 0.51% | 1.52% |
Aug 12, 2024 | George Gianarikas | Canaccord Genuity | $2.50 | $1.97 | 26.90% | 26.90% |
Aug 09, 2024 | Ameet Thakkar | BMO Capital | $1.80 | $1.99 | -9.32% | -8.63% |
Jul 19, 2024 | Ameet Thakkar | BMO Capital | $2.25 | $2.52 | -10.54% | 14.21% |
Jul 02, 2024 | Manav Gupta | UBS | $2.75 | $2.31 | 19.31% | 39.59% |
May 14, 2024 | Ameet Thakkar | BMO Capital | $2.50 | $3.76 | -33.51% | 26.90% |
May 14, 2024 | Chris Dendrinos | RBC Capital | $3.50 | $3.75 | -6.79% | 77.66% |
10
Plug Power Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 3 | 3 | 17 |
Avg Price Target | $2.95 | $2.95 | $2.84 |
Last Closing Price | $1.97 | $1.97 | $1.97 |
Upside/Downside | 49.75% | 49.75% | 44.16% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 12, 2024 | Oppenheimer | Perform | Perform | Hold |
Nov 12, 2024 | BTIG | Buy | Buy | Hold |
Aug 09, 2024 | BMO Capital | Underperform | Underperform | Hold |
Jul 22, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
Jul 22, 2024 | Susquehanna | Buy | Buy | Hold |
Jul 19, 2024 | Piper Sandler | Underweight | Underweight | Hold |
Jul 19, 2024 | BMO Capital | Underperform | Underperform | Hold |
Jul 02, 2024 | UBS | Neutral | Neutral | Hold |
Jun 21, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Jun 05, 2024 | BMO Capital | Underperform | Underperform | Hold |
10
Plug Power Financial Forecast
Plug Power Revenue Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $143.35M | $120.26M | - | $198.71M | $260.18M | $210.29M | $220.74M | $188.63M | $151.27M | $140.80M | $161.91M | $143.92M | $124.56M | $71.96M | $-309.11M | $106.99M |
Avg Forecast | $745.53M | $571.83M | $497.76M | $486.97M | $502.00M | $420.64M | $339.17M | $318.94M | $381.85M | $302.34M | $255.50M | $228.71M | $319.90M | $207.25M | $184.54M | $157.34M | $235.22M | $219.57M | $237.72M | $205.48M | $281.21M | $243.14M | $159.04M | $144.83M | $157.65M | $144.78M | $111.64M | $71.49M | $87.19M | $106.53M |
High Forecast | $745.53M | $571.83M | $497.76M | $486.97M | $502.00M | $420.64M | $339.17M | $318.94M | $381.85M | $302.34M | $255.50M | $228.71M | $319.90M | $219.97M | $184.54M | $157.66M | $240.37M | $224.49M | $237.72M | $205.48M | $281.21M | $243.14M | $159.04M | $144.83M | $157.65M | $144.78M | $111.64M | $71.49M | $87.19M | $106.53M |
Low Forecast | $745.53M | $571.83M | $497.76M | $486.97M | $502.00M | $420.64M | $339.17M | $318.94M | $381.85M | $302.34M | $255.50M | $228.71M | $319.90M | $195.59M | $184.54M | $157.02M | $232.24M | $214.65M | $237.72M | $205.48M | $281.21M | $243.14M | $159.04M | $144.83M | $157.65M | $144.78M | $111.64M | $71.49M | $87.19M | $106.53M |
# Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 15 | 7 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 6 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.76% | - | 0.91% | 1.09% | 1.02% | 0.78% | 0.78% | 0.95% | 0.97% | 1.03% | 0.99% | 1.12% | 1.01% | -3.55% | 1.00% |
Forecast
Plug Power EBITDA Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 15 | 7 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 6 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-212.63M | $-262.31M | - | $-273.97M | $-233.84M | $-177.66M | $-177.18M | $-142.13M | $-139.24M | $-131.76M | $-187.41M | $-94.77M | $-84.79M | $-42.60M | $-493.49M | $-24.63M |
Avg Forecast | $-266.87M | $-204.69M | $-178.18M | $-174.31M | $-179.69M | $-150.57M | $-121.41M | $-114.17M | $-136.68M | $-108.22M | $-91.46M | $-81.87M | $-114.51M | $-74.19M | $-66.06M | $-119.97M | $-84.20M | $-78.60M | $-85.09M | $-109.06M | $-5.17B | $-87.03M | $-56.93M | $-99.15M | $-56.43M | $-51.83M | $-53.30M | $-25.59M | $-31.21M | $-38.13M |
High Forecast | $-266.87M | $-204.69M | $-178.18M | $-174.31M | $-179.69M | $-150.57M | $-121.41M | $-114.17M | $-136.68M | $-108.22M | $-91.46M | $-81.87M | $-114.51M | $-70.01M | $-66.06M | $-95.97M | $-83.13M | $-76.83M | $-85.09M | $-87.25M | $-4.14B | $-87.03M | $-56.93M | $-79.32M | $-56.43M | $-51.83M | $-42.64M | $-25.59M | $-31.21M | $-38.13M |
Low Forecast | $-266.87M | $-204.69M | $-178.18M | $-174.31M | $-179.69M | $-150.57M | $-121.41M | $-114.17M | $-136.68M | $-108.22M | $-91.46M | $-81.87M | $-114.51M | $-78.74M | $-66.06M | $-143.96M | $-86.04M | $-80.36M | $-85.09M | $-130.87M | $-6.20B | $-87.03M | $-56.93M | $-118.98M | $-56.43M | $-51.83M | $-63.96M | $-25.59M | $-31.21M | $-38.13M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.22% | 2.19% | - | 3.49% | 2.75% | 1.63% | 0.03% | 1.63% | 2.45% | 1.33% | 3.32% | 1.83% | 1.59% | 1.66% | 15.81% | 0.65% |
Forecast
Plug Power Net Income Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 15 | 7 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 6 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-262.33M | $-295.78M | - | $-283.48M | $-236.40M | $-206.56M | $-223.47M | $-170.76M | $-173.30M | $-156.49M | $-192.91M | $-106.67M | $-99.63M | $-60.75M | $-510.64M | $-39.38M |
Avg Forecast | $-2.58M | $-27.30M | $-43.77M | $-51.28M | $-67.28M | $-72.48M | $-74.01M | $-85.10M | $-90.57M | $-102.28M | $-110.86M | $-117.39M | $-144.16M | $-178.94M | $-227.06M | $-133.89M | $-270.96M | $-224.97M | $-196.24M | $-121.71M | $-5.35B | $-176.49M | $-152.14M | $-110.65M | $-84.49M | $-60.75M | $-62.63M | $-62.10M | $-53.79M | $-49.37M |
High Forecast | $-2.58M | $-27.30M | $-43.77M | $-51.28M | $-67.28M | $-72.48M | $-74.01M | $-85.10M | $-90.57M | $-102.28M | $-110.86M | $-117.39M | $-144.16M | $-156.57M | $-227.06M | $-107.11M | $-159.68M | $-224.97M | $-196.24M | $-97.37M | $-4.28B | $-176.49M | $-152.14M | $-88.52M | $-84.49M | $-60.75M | $-50.10M | $-62.10M | $-53.79M | $-49.37M |
Low Forecast | $-2.58M | $-27.30M | $-43.77M | $-51.28M | $-67.28M | $-72.48M | $-74.01M | $-85.10M | $-90.57M | $-102.28M | $-110.86M | $-117.39M | $-144.16M | $-238.58M | $-227.06M | $-160.66M | $-416.12M | $-224.97M | $-196.24M | $-146.06M | $-6.42B | $-176.49M | $-152.14M | $-132.78M | $-84.49M | $-60.75M | $-75.15M | $-62.10M | $-53.79M | $-49.37M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 2.21% | - | 1.26% | 1.20% | 1.70% | 0.04% | 0.97% | 1.14% | 1.41% | 2.28% | 1.76% | 1.59% | 0.98% | 9.49% | 0.80% |
Forecast
Plug Power SG&A Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 15 | 7 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 6 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $85.14M | $77.96M | - | $105.45M | $101.15M | $104.02M | $101.51M | $85.58M | $95.95M | $80.89M | $73.20M | $42.42M | $38.65M | $25.58M | $32.40M | $14.28M |
Avg Forecast | $117.48M | $90.11M | $78.44M | $76.74M | $79.11M | $66.28M | $53.45M | $50.26M | $60.17M | $47.64M | $40.26M | $36.04M | $50.41M | $32.66M | $29.08M | $69.21M | $37.07M | $34.60M | $37.46M | $62.91M | $44.31M | $38.31M | $25.06M | $57.19M | $24.84M | $22.81M | $24.30M | $11.27M | $13.74M | $16.79M |
High Forecast | $117.48M | $90.11M | $78.44M | $76.74M | $79.11M | $66.28M | $53.45M | $50.26M | $60.17M | $47.64M | $40.26M | $36.04M | $50.41M | $34.66M | $29.08M | $83.05M | $37.88M | $35.38M | $37.46M | $75.50M | $44.31M | $38.31M | $25.06M | $68.63M | $24.84M | $22.81M | $29.15M | $11.27M | $13.74M | $16.79M |
Low Forecast | $117.48M | $90.11M | $78.44M | $76.74M | $79.11M | $66.28M | $53.45M | $50.26M | $60.17M | $47.64M | $40.26M | $36.04M | $50.41M | $30.82M | $29.08M | $55.36M | $36.60M | $33.82M | $37.46M | $50.33M | $44.31M | $38.31M | $25.06M | $45.76M | $24.84M | $22.81M | $19.44M | $11.27M | $13.74M | $16.79M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.93% | 1.13% | - | 3.05% | 2.70% | 1.65% | 2.29% | 2.23% | 3.83% | 1.41% | 2.95% | 1.86% | 1.59% | 2.27% | 2.36% | 0.85% |
Forecast
Plug Power EPS Forecast
Quarter
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 15 | 7 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 6 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.36 | $-0.46 | - | $-0.47 | $-0.00 | $-0.35 | $-0.40 | $-0.30 | $-0.30 | $-0.27 | $-0.33 | $-0.19 | $-0.18 | $-0.12 | $-1.20 | $-0.11 |
Avg Forecast | $-0.00 | $-0.04 | $-0.06 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.12 | $-0.12 | $-0.14 | $-0.15 | $-0.16 | $-0.20 | $-0.24 | $-0.31 | $-0.33 | $-0.37 | $-0.31 | $-0.27 | $-0.27 | $-0.25 | $-0.24 | $-0.21 | $-0.16 | $-0.11 | $-0.08 | $-0.07 | $-0.08 | $-0.07 | $-0.07 |
High Forecast | $-0.00 | $-0.04 | $-0.06 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.12 | $-0.12 | $-0.14 | $-0.15 | $-0.16 | $-0.20 | $-0.21 | $-0.31 | $-0.33 | $-0.22 | $-0.31 | $-0.27 | $-0.27 | $-0.25 | $-0.24 | $-0.21 | $-0.16 | $-0.11 | $-0.08 | $-0.07 | $-0.08 | $-0.07 | $-0.07 |
Low Forecast | $-0.00 | $-0.04 | $-0.06 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.12 | $-0.12 | $-0.14 | $-0.15 | $-0.16 | $-0.20 | $-0.32 | $-0.31 | $-0.33 | $-0.56 | $-0.31 | $-0.27 | $-0.27 | $-0.25 | $-0.24 | $-0.21 | $-0.16 | $-0.11 | $-0.08 | $-0.07 | $-0.08 | $-0.07 | $-0.07 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.40% | - | 1.54% | 0.00% | 1.32% | 1.62% | 1.25% | 1.45% | 1.73% | 2.88% | 2.30% | 2.58% | 1.42% | 16.44% | 1.64% |
Forecast
Plug Power Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PLUG | Plug Power | $1.97 | $22.53 | 1043.65% | Buy |
MVST | Microvast | $0.80 | $8.00 | 900.00% | Buy |
FREY | FREYR Battery | $2.10 | $19.00 | 804.76% | Buy |
EOSE | Eos Energy Enterprises | $2.31 | $6.00 | 159.74% | Buy |
DFLI | Dragonfly Energy | $0.51 | $1.32 | 158.82% | Buy |
ENVX | Enovix | $8.75 | $21.17 | 141.94% | Buy |
BE | Bloom Energy | $13.60 | $20.93 | 53.90% | Buy |
FCEL | FuelCell Energy | $5.96 | $3.07 | -48.49% | Hold |