Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.200
-0.030 (-1.35%)
At close: Dec 5, 2025, 4:00 PM EST
2.190
-0.010 (-0.45%)
After-hours: Dec 5, 2025, 7:59 PM EST
Plug Power Stock Forecast
Stock Price Forecast
According to 13 professional analysts, the 12-month price target for Plug Power stock ranges from a low of $0.50 to a high of $7.00. The average analyst price target of $2.15 forecasts a -2.27% decrease in the stock price over the next year.
Price Target: $2.15 (-2.27%)
Analyst Consensus: Hold
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 8 | 8 | 7 | 7 | 8 | 7 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 16 | 15 | 15 | 16 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2.5 | Hold | Maintains | $2.5 | +13.64% | Nov 20, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $3.5 → $2.5 | Hold | Maintains | $3.5 → $2.5 | +13.64% | Nov 17, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $2.5 | Hold | Maintains | $1.25 → $2.5 | +13.64% | Nov 11, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $1.8 → $3.5 | Hold | Maintains | $1.8 → $3.5 | +59.09% | Oct 13, 2025 |
| Clear Street | Clear Street | Strong Buy → Hold Downgrades $3.5 | Strong Buy → Hold | Downgrades | $3.5 | +59.09% | Oct 8, 2025 |
Financial Forecast
Revenue This Year
715.95M
from 628.81M
Increased by 13.86%
Revenue Next Year
873.41M
from 715.95M
Increased by 21.99%
EPS This Year
-0.79
from -2.68
EPS Next Year
-0.31
from -0.79
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 751.8M | 973.2M | ||||
| Avg | 716.0M | 873.4M | ||||
| Low | 678.5M | 767.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 19.6% | 35.9% | ||||
| Avg | 13.9% | 22.0% | ||||
| Low | 7.9% | 7.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.58 | -0.24 | ||||
| Avg | -0.79 | -0.31 | ||||
| Low | -0.88 | -0.44 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| 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.