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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for PLUG

Based on 11 analysts offering 12 month price targets for Plug Power Inc.
Min Forecast
$2.00-3.85%
Avg Forecast
$4.17+100.63%
Max Forecast
$18.00+765.38%

Should I buy or sell PLUG stock?

Based on 11 analysts offering ratings for Plug Power Inc.
Hold
Strong Buy
1 analysts 9.09%
Buy
2 analysts 18.18%
Hold
6 analysts 54.55%
Sell
0 analysts 0%
Strong Sell
2 analysts 18.18%

Be the first to know when Wall Street analysts revise their PLUG stock forecasts and price targets.

PLUG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-03
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-12
Craig-Hallum
Bottom 2%
2
BuyMaintains$4.00+92.31%2024-08-09
Wells Fargo
Top 10%
91
HoldMaintains$3.00+44.23%2024-08-09
Piper Sandler
Bottom 2%
2
Strong SellMaintains$2.40+15.38%2024-07-22
HC Wainwright & Co.
Bottom 1%
1
BuyReiterates$18.00+765.38%2024-05-14Find out why
TD Cowen
Bottom 2%
2
Strong BuyMaintains$5.00+140.38%2024-05-10Find out why

1 of 2

Forecast return on equity

Is PLUG forecast to generate an efficient return?
Company
-8.63%
Industry
96.91%
Market
49.42%
PLUG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PLUG forecast to generate an efficient return on assets?
Company
-5.4%
Industry
19.97%
PLUG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PLUG earnings per share forecast

What is PLUG's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
-$1.15
Avg 2 year Forecast
-$0.50
Avg 3 year Forecast
-$0.36

PLUG revenue forecast

What is PLUG's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$828.0M+20.96%
Avg 2 year Forecast
$1.2B+68.83%
Avg 3 year Forecast
$1.5B+123.51%
PLUG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PLUG revenue growth forecast

How is PLUG forecast to perform vs Electrical Equipment & Parts companies and vs the US market?
Company
30.51%
Industry
21.41%
Market
9.86%
PLUG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PLUG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PLUG vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
PLUG$2.08$4.17+100.63%Hold
ENVX$12.81$21.60+68.62%Strong Buy
ENR$31.98$35.00+9.44%Hold
BE$10.46$14.91+42.53%Buy
EOSE$3.16$5.80+83.54%Strong Buy
View Top Electrical Equipment & Part Stocks

Plug Power Stock Forecast FAQ

Is Plug Power Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: PLUG) stock is to Hold PLUG stock.

Out of 11 analysts, 1 (9.09%) are recommending PLUG as a Strong Buy, 2 (18.18%) are recommending PLUG as a Buy, 6 (54.55%) are recommending PLUG as a Hold, 0 (0%) are recommending PLUG as a Sell, and 2 (18.18%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: PLUG) Plug Power's forecast annual earnings growth rate of N/A is not forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of 38.83%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.85%.

Plug Power's earnings in 2024 is -$1,483,983,000.On average, 9 Wall Street analysts forecast PLUG's earnings for 2024 to be -$1,007,711,030, with the lowest PLUG earnings forecast at -$1,196,304,994, and the highest PLUG earnings forecast at -$589,356,137. On average, 11 Wall Street analysts forecast PLUG's earnings for 2025 to be -$441,401,357, with the lowest PLUG earnings forecast at -$589,356,137, and the highest PLUG earnings forecast at -$228,705,367.

In 2026, PLUG is forecast to generate -$314,909,697 in earnings, with the lowest earnings forecast at -$642,134,298 and the highest earnings forecast at -$26,389,081.

What is PLUG's revenue growth forecast for 2024-2026?

(NASDAQ: PLUG) Plug Power's forecast annual revenue growth rate of 30.51% is forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 21.41%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.86%.

Plug Power's revenue in 2024 is $684,486,000.On average, 9 Wall Street analysts forecast PLUG's revenue for 2024 to be $728,305,202,531, with the lowest PLUG revenue forecast at $595,161,734,515, and the highest PLUG revenue forecast at $792,955,811,460. On average, 10 Wall Street analysts forecast PLUG's revenue for 2025 to be $1,016,527,622,119, with the lowest PLUG revenue forecast at $679,079,011,300, and the highest PLUG revenue forecast at $1,278,981,983,990.

In 2026, PLUG is forecast to generate $1,345,779,784,456 in revenue, with the lowest revenue forecast at $828,881,026,358 and the highest revenue forecast at $1,936,070,094,665.

What is PLUG's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: PLUG) forecast ROA is -5.4%, which is lower than the forecast US Electrical Equipment & Parts industry average of 19.97%.

What is PLUG's Price Target?

According to 11 Wall Street analysts that have issued a 1 year PLUG price target, the average PLUG price target is $4.17, with the highest PLUG stock price forecast at $18.00 and the lowest PLUG stock price forecast at $2.00.

On average, Wall Street analysts predict that Plug Power's share price could reach $4.17 by Oct 3, 2025. The average Plug Power stock price prediction forecasts a potential upside of 100.63% from the current PLUG share price of $2.08.

What is PLUG's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: PLUG) Plug Power's current Earnings Per Share (EPS) is -$2.37. On average, analysts forecast that PLUG's EPS will be -$1.15 for 2024, with the lowest EPS forecast at -$1.36, and the highest EPS forecast at -$0.67. On average, analysts forecast that PLUG's EPS will be -$0.50 for 2025, with the lowest EPS forecast at -$0.67, and the highest EPS forecast at -$0.26. In 2026, PLUG's EPS is forecast to hit -$0.36 (min: -$0.73, max: -$0.03).

What is PLUG's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: PLUG) forecast ROE is -8.63%, which is considered weak.
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