Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.625
-0.025 (-1.52%)
Aug 15, 2025, 10:02 AM - Market open

Plug Power Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Plug Power stock ranges from a low of $0.50 to a high of $4.00. The average analyst price target of $1.80 forecasts a 10.77% increase in the stock price over the next year.

Price Target: $1.80 (+10.77%)
Analyst Consensus: Hold
Target Low Average Median High
Price $0.50 $1.80 $1.60 $4.00
Change -69.23% +10.77% -1.54% +146.15%

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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 443333
Buy 111111
Hold 888887
Sell 333333
Strong Sell 211111
Total 181716161615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$1$1.5
Hold Maintains $1$1.5 -7.69% Aug 14, 2025
BMO Capital
BMO Capital
Sell
Maintains
$1.1$1
Sell Maintains $1.1$1 -38.46% Aug 12, 2025
Jefferies
Jefferies
Hold
Maintains
$0.9$1.6
Hold Maintains $0.9$1.6 -1.54% Jul 23, 2025
Susquehanna
Susquehanna
Hold
Maintains
$1$1.8
Hold Maintains $1$1.8 +10.77% Jul 21, 2025
Jefferies
Jefferies
Hold
Maintains
$1.7$0.9
Hold Maintains $1.7$0.9 -44.62% May 20, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
743.43M
from 628.81M
Increased by 18.23%
Revenue Next Year
932.65M
from 743.43M
Increased by 25.45%
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
-93.24M502.34M701.44M891.34M628.81M743.43M932.65M1.21B
Revenue Growth
--39.63%27.07%-29.45%18.23%25.45%29.52%
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 743.4M 932.7M 1.2B
Low 650.9M 781.5M 891.6M

Revenue Growth

Revenue Growth 20252026202720282029
High
33.9%
54.0%
69.3%
Avg
18.2%
25.5%
29.5%
Low
3.5%
5.1%
-4.4%

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.