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NASDAQ: PLUG
Plug Power Inc Stock Forecast, Predictions & Price Target

Analyst price target for PLUG

Based on 12 analysts offering 12 month price targets for Plug Power Inc.
Min Forecast
$13.00+10.92%
Avg Forecast
$22.42+91.27%
Max Forecast
$35.00+198.63%

Should I buy or sell PLUG stock?

Based on 12 analysts offering ratings for Plug Power Inc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
2 analysts 16.67%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PLUG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 8%
93
Strong BuyMaintains$20.00+70.65%2023-03-06Find out why
JP Morgan
Bottom 13%
13
Strong BuyMaintains$23.00+96.25%2023-03-02
BMO Capital
Bottom 15%
15
HoldMaintains$15.00+27.99%2023-03-02
RBC Capital
Bottom 33%
33
BuyMaintains$17.00+45.05%2023-03-02
KeyBanc
Top 22%
79
Strong BuyMaintains$25.00+113.31%2023-03-02Find out why
Morgan Stanley
Top 8%
93
Strong BuyMaintains$35.00+198.63%2023-01-10
Wells Fargo
Top 5%
96
HoldMaintains$13.00+10.92%2023-01-06
UBS
Bottom 12%
12
Strong BuyInitiates Coverage On$26.00+121.84%2022-12-14Find out why
RBC Capital
Bottom 1%
1
BuyMaintains$20.00+70.65%2022-11-09
Canaccord Genuity
Bottom 13%
13
HoldAssumes$16.00+36.52%2022-10-21Find out why

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PLUG vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
PLUG$11.72$22.42+91.27%Strong Buy
NVT$42.94$46.00+7.13%Buy
AYI$182.73$194.75+6.58%Strong Buy
VRT$14.31$17.14+19.80%Strong Buy
BE$19.93$28.30+42.00%Buy

Plug Power Stock Forecast FAQ

Is Plug Power Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: PLUG) stock is to Strong Buy PLUG stock.

Out of 12 analysts, 7 (58.33%) are recommending PLUG as a Strong Buy, 2 (16.67%) are recommending PLUG as a Buy, 3 (25%) are recommending PLUG as a Hold, 0 (0%) are recommending PLUG as a Sell, and 0 (0%) are recommending PLUG as a Strong Sell.

If you're new to stock investing, here's how to buy Plug Power stock.

What is PLUG's Price Target?

According to 12 Wall Street analysts that have issued a 1 year PLUG price target, the average PLUG price target is $22.42, with the highest PLUG stock price forecast at $35.00 and the lowest PLUG stock price forecast at $13.00.

On average, Wall Street analysts predict that Plug Power's share price could reach $22.42 by Mar 6, 2024. The average Plug Power stock price prediction forecasts a potential upside of 91.27% from the current PLUG share price of $11.72.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.