NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $33.10
Forecasted Upside: 13.09 %
Number of Analysts: 16
Breakdown:
0 Sell Ratings
6 Hold Ratings
10 Buy Ratings
0 Strong Buy Ratings

^$29.27 As of 08/11/2022 11:22 AM ET

▲ +0.49 (1.70%)

1 month | 3 months | 12 months

Get New Plug Power Analyst Ratings Delivered To Your Inbox

Sign-up to receive the latest news and ratings for PLUG and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for PLUG

^$33.10

▲ +13.09% Upside Potential

This price target is based on 16 analysts offering 12 month price targets for Plug Power in the last 3 months. The average price target is $33.10, with a high forecast of $50.00 and a low forecast of $19.00. The average price target represents a 13.09% upside from the last price of $29.27.

Current Consensus is Buy

The current consensus among 16 investment analysts is to buy stock in Plug Power. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
10 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/16/2021

0 strong buy ratings
11 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
14 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

8/15/2021

0 strong buy ratings
15 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

11/13/2021

0 strong buy ratings
17 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

2/11/2022

0 strong buy ratings
16 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

5/12/2022

0 strong buy ratings
13 buy ratings
5 hold ratings
1 sell ratings

Ratings as of

7/11/2022

0 strong buy ratings
10 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

8/10/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
8/11/2022	Citigroup	Boost Price Target		$20.00 ➝ $36.00	N/A
8/11/2022	Truist Financial	Boost Price Target		$21.00 ➝ $32.00	N/A
8/10/2022	BMO Capital Markets	Boost Price Target		$20.00 ➝ $29.00	Low
8/10/2022	Susquehanna Bancshares	Boost Price Target	Positive	$30.00 ➝ $35.00	Low
8/10/2022	Susquehanna	Boost Price Target	Positive	$30.00 ➝ $35.00	Low
8/10/2022	JPMorgan Chase & Co.	Boost Price Target	Overweight	$28.00 ➝ $32.00	Low
8/10/2022	KeyCorp	Boost Price Target	Overweight	$30.00 ➝ $32.00	Low
8/2/2022	Northland Securities	Initiated Coverage	Market Perform	$25.00	Low
7/21/2022	Morgan Stanley	Lower Price Target	Overweight	$43.00 ➝ $42.00	Low
7/19/2022	Piper Sandler	Boost Price Target	Neutral	$18.00 ➝ $19.00	Low
6/30/2022	KeyCorp	Reiterated Rating	Overweight	$30.00	Low
6/29/2022	JPMorgan Chase & Co.	Lower Price Target	Overweight	$32.00 ➝ $28.00	Low
6/8/2022	Piper Sandler	Initiated Coverage	Hold	$18.00	High
6/2/2022	KeyCorp	Reiterated Rating	Overweight	$40.00	Low
5/16/2022	Citigroup	Lower Price Target	NA	$20.00	N/A
5/10/2022	Craig Hallum	Lower Price Target		$49.00 ➝ $31.00	High
5/10/2022	Susquehanna	Lower Price Target		$33.00 ➝ $30.00	Medium
3/22/2022	Morgan Stanley	Lower Price Target	Overweight	$65.00 ➝ $60.00	High
3/7/2022	Canaccord Genuity Group	Lower Price Target		$25.00 ➝ $21.00	High
3/7/2022	Canaccord Genuity Group	Lower Price Target	Hold	$25.00 ➝ $21.00	High
3/2/2022	Susquehanna Bancshares	Boost Price Target	Positive	$26.00 ➝ $30.00	Low
3/2/2022	Evercore ISI	Lower Price Target	Outperform	$50.00 ➝ $46.00	Low
3/2/2022	Susquehanna	Boost Price Target	Positive	$26.00 ➝ $30.00	Low
3/2/2022	JPMorgan Chase & Co.	Lower Price Target	Overweight	$42.00 ➝ $38.00	Low
3/2/2022	Royal Bank of Canada	Lower Price Target	Outperform	$39.00 ➝ $33.00	Low
1/26/2022	Susquehanna Bancshares	Initiated Coverage	Positive	$26.00	High
1/26/2022	Susquehanna	Initiated Coverage	Positive	$26.00	High
1/24/2022	Truist Financial	Lower Price Target	Hold	$44.00 ➝ $27.00	High
1/20/2022	Canaccord Genuity Group	Lower Price Target		$38.00 ➝ $25.00	Medium
1/20/2022	Wells Fargo & Company	Lower Price Target		$40.00 ➝ $26.00	Medium
1/20/2022	Royal Bank of Canada	Lower Price Target		$43.00 ➝ $39.00	Medium
1/11/2022	Citigroup	Lower Price Target		$56.00 ➝ $37.00	Low
1/5/2022	KeyCorp	Initiated Coverage	Overweight	$40.00	High
11/19/2021	Morgan Stanley	Boost Price Target	Overweight	$43.00 ➝ $65.00	High
11/17/2021	Citigroup	Boost Price Target	Outperform ➝ Buy	$35.00 ➝ $56.00	High
11/11/2021	Truist Financial	Boost Price Target	Hold	$36.00 ➝ $44.00	Low
11/10/2021	Cowen	Boost Price Target	Outperform	$41.00 ➝ $44.00	Medium
11/10/2021	Wolfe Research	Boost Price Target	Outperform	$42.00 ➝ $46.00	Medium
11/10/2021	Royal Bank of Canada	Boost Price Target	Outperform	$40.00 ➝ $48.00	High
11/4/2021	Sumitomo Mitsui Financial Group	Initiated Coverage	Outperform	$50.00	Low
10/29/2021	Piper Sandler	Boost Price Target	Overweight	$37.00 ➝ $46.00	High
10/20/2021	Truist Financial	Boost Price Target	Hold	$29.00 ➝ $36.00	Medium
10/15/2021	Evercore ISI	Reiterated Rating	Buy	$42.00	High
10/15/2021	Piper Sandler	Boost Price Target	Overweight	$33.00 ➝ $37.00	Medium
10/15/2021	BMO Capital Markets	Boost Price Target	Positive ➝ Market Perform	$30.00 ➝ $35.00	Medium
10/15/2021	Royal Bank of Canada	Boost Price Target	Outperform	$35.00 ➝ $40.00	High
10/13/2021	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$35.00 ➝ $40.00	High
10/8/2021	Barclays	Upgrade	Underweight ➝ Equal Weight	$27.00	High
9/30/2021	BMO Capital Markets	Initiated Coverage	Market Perform	$30.00	Low
9/23/2021	Piper Sandler	Upgrade	Neutral ➝ Overweight	$33.00	Medium
8/31/2021	Wolfe Research	Initiated Coverage	Outperform	$34.00	High
8/9/2021	Truist Financial	Lower Price Target	Hold	$42.00 ➝ $29.00	High
8/6/2021	B. Riley	Lower Price Target	Buy	$51.00 ➝ $45.00	High
8/6/2021	Royal Bank of Canada	Lower Price Target	Outperform	$42.00 ➝ $35.00	High
8/6/2021	Roth Capital	Lower Price Target	Buy	$65.00 ➝ $45.00	High
7/23/2021	Citigroup	Initiated Coverage	Buy	$35.00	Medium
7/20/2021	Morgan Stanley	Lower Price Target	Equal Weight	$36.00 ➝ $35.00	High
7/15/2021	Seaport Res Ptn	Reiterated Rating	Buy		Low
7/13/2021	COKER & PALMER	Reiterated Rating	Sector Underperform		High
6/30/2021	Royal Bank of Canada	Initiated Coverage	Outperform	$42.00	Medium
6/25/2021	Evercore ISI	Reiterated Rating	Buy		High
6/24/2021	HC Wainwright	Reiterated Rating	Buy		Medium
6/23/2021	Barclays	Boost Price Target	Underweight	$24.00 ➝ $27.00	Medium
5/28/2021	Morgan Stanley	Boost Price Target	Equal Weight	$35.00 ➝ $36.00	High
5/27/2021	BTIG Research	Initiated Coverage	Buy	$40.00	High
5/24/2021	Barclays	Lower Price Target	Underweight	$29.00 ➝ $24.00	Medium
5/18/2021	Piper Sandler	Lower Price Target	Neutral ➝ Neutral	$42.00 ➝ $32.00	High
5/17/2021	B. Riley	Lower Price Target	Buy	$70.00 ➝ $50.00	Medium
5/17/2021	Oppenheimer	Reiterated Rating	Buy		Low
5/17/2021	Barclays	Lower Price Target	Positive ➝ Underweight	$28.00 ➝ $24.00	Low
4/26/2021	Wells Fargo & Company	Initiated Coverage	Equal Weight	$30.00	N/A
4/19/2021	Evercore ISI	Initiated Coverage	Outperform	$42.00	Medium
4/19/2021	Wells Fargo & Company	Initiated Coverage	Equal Weight	$30.00	Medium
4/19/2021	Morgan Stanley	Reiterated Rating	Overweight ➝ Equal Weight	$35.00	High
4/12/2021	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$35.00	High
4/6/2021	Piper Sandler	Lower Price Target		$48.00 ➝ $42.00	Low
3/30/2021	Northcoast Research	Initiated Coverage	Neutral		High
3/30/2021	JPMorgan Chase & Co.	Lower Price Target	Overweight	$61.00 ➝ $51.00	High
3/23/2021	Truist Financial	Reiterated Rating	Buy ➝ Hold	$65.00 ➝ $42.00	Medium
3/17/2021	Craig Hallum	Lower Price Target	Buy	$88.00 ➝ $49.00	High
3/17/2021	Truist Financial	Lower Price Target	Buy ➝ Hold	$65.00 ➝ $42.00	High
3/17/2021	Truist Financial	Downgrade	Buy ➝ Hold		High
3/8/2021	Barclays	Reiterated Rating	Equal Weight ➝ Underweight	$21.00 ➝ $29.00	N/A
3/2/2021	Barclays	Downgrade	Equal Weight ➝ Underweight	$21.00 ➝ $29.00	Medium
3/1/2021	Roth Capital	Reiterated Rating	Buy	$65.00	Low
3/1/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$65.00	Low
2/26/2021	Cowen	Reiterated Rating	Outperform	$82.00 ➝ $75.00	High
2/26/2021	Cowen	Lower Price Target	Outperform	$82.00 ➝ $75.00	High
2/26/2021	Piper Sandler	Lower Price Target	Neutral	$66.00 ➝ $48.00	High
2/3/2021	Sanford C. Bernstein	Initiated Coverage	Outperform	$75.00	High
1/28/2021	B. Riley	Boost Price Target		$79.00 ➝ $83.00	Low
1/28/2021	Truist Financial	Boost Price Target		$60.00 ➝ $80.00	Low
1/27/2021	JPMorgan Chase & Co.	Boost Price Target	Neutral	$60.00 ➝ $70.00	High
1/27/2021	Piper Sandler	Initiated Coverage	Neutral	$66.00	Medium
1/14/2021	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$60.00	Low
1/12/2021	Truist Financial	Initiated Coverage	Buy	$60.00	High
1/7/2021	B. Riley	Boost Price Target	Buy	$24.00 ➝ $52.00	N/A
1/7/2021	Cowen	Boost Price Target	Outperform	$35.00 ➝ $50.00	N/A
12/21/2020	Morgan Stanley	Boost Price Target	Overweight	$14.50 ➝ $38.00	High
11/30/2020	Roth Capital	Boost Price Target	Buy	$22.00 ➝ $30.00	High
11/10/2020	Roth Capital	Boost Price Target	Buy	$14.00 ➝ $22.00	Low
11/10/2020	Craig Hallum	Boost Price Target	Buy	$14.00 ➝ $26.00	Low
11/10/2020	Oppenheimer	Boost Price Target	Outperform	$13.00 ➝ $23.00	Low
11/10/2020	HC Wainwright	Boost Price Target	Buy	$14.00 ➝ $30.00	High
11/10/2020	B. Riley	Boost Price Target	Buy	$18.00 ➝ $24.00	High
10/27/2020	B. Riley	Boost Price Target		$13.00 ➝ $18.00	Low
9/28/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$14.00	High
9/25/2020	Barclays	Boost Price Target	Equal Weight	$12.00 ➝ $13.00	High
9/18/2020	Morgan Stanley	Boost Price Target	Equal Weight	$9.50 ➝ $10.25	High
8/18/2020	Odeon Capital Group	Initiated Coverage	Buy		Medium
8/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$8.50 ➝ $9.50	Low
7/16/2020	HC Wainwright	Reiterated Rating	Buy	$14.00	Medium
7/9/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$10.00	High
6/24/2020	B. Riley	Boost Price Target	Buy	$7.00 ➝ $8.00	High
6/24/2020	Roth Capital	Boost Price Target		$6.00 ➝ $12.00	High
6/24/2020	HC Wainwright	Boost Price Target	Buy	$6.00 ➝ $14.00	High
6/17/2020	Morgan Stanley	Boost Price Target	Equal Weight	$5.75 ➝ $6.00	Low
6/12/2020	B. Riley	Initiated Coverage	Buy	$7.00	Medium
6/4/2020	Barclays	Initiated Coverage	Overweight	$7.00	High
5/14/2020	Oppenheimer	Reiterated Rating	Buy	$6.00	High
5/8/2020	HC Wainwright	Reiterated Rating	Buy	$6.00	High
5/5/2020	Morgan Stanley	Boost Price Target	Equal Weight	$5.50 ➝ $5.75	Low
4/15/2020	Morgan Stanley	Boost Price Target	Equal Weight	$4.50 ➝ $5.50	Low
3/10/2020	HC Wainwright	Reiterated Rating	Buy	$4.00 ➝ $6.00	Medium
3/6/2020	Oppenheimer	Boost Price Target	Outperform	$3.00 ➝ $6.00	Low
11/25/2019	B. Riley	Reiterated Rating	Buy	$3.50 ➝ $6.00	High
11/11/2019	Roth Capital	Upgrade	Neutral ➝ Buy	$3.00 ➝ $6.00	High
9/26/2019	B. Riley	Set Price Target	Buy	$3.50	High
9/18/2019	HC Wainwright	Set Price Target	Buy	$4.00	Low
9/17/2019	Cowen	Set Price Target	Buy	$3.00	Low
8/7/2019	HC Wainwright	Reiterated Rating	Buy	$4.00	High
3/14/2019	B. Riley	Reiterated Rating	Buy	$3.50	High
3/8/2019	B. Riley	Set Price Target	Buy	$4.00	High
1/30/2019	Roth Capital	Upgrade	Sell ➝ Neutral	$1.30	Low
1/10/2019	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium
11/9/2018	HC Wainwright	Set Price Target	Buy	$4.00	High
10/16/2018	Cowen	Set Price Target	Buy	$3.00	Low
10/16/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium
8/23/2018	CIBC	Initiated Coverage	Outperform ➝ Outperform	$2.50	Low
8/23/2018	Oppenheimer	Initiated Coverage	Outperform	$2.50	Low
8/22/2018	B. Riley	Set Price Target	Buy	$4.00	Medium
8/10/2018	B. Riley	Set Price Target	Buy	$4.00	Low
8/10/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium
6/6/2018	B. Riley	Set Price Target	Buy	$4.00	Low
5/29/2018	B. Riley	Set Price Target	Buy	$4.00	High
5/10/2018	B. Riley	Set Price Target	Buy	$4.00	Low
5/10/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium
3/8/2018	B. Riley	Reiterated Rating	Buy		Medium
3/8/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium
2/9/2018	B. Riley	Set Price Target	Buy	$4.00	High
2/9/2018	HC Wainwright	Set Price Target	Buy	$4.00	High
12/7/2017	B. Riley	Reiterated Rating	Buy	$3.50	Low
12/7/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium
11/9/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	N/A
11/9/2017	B. Riley	Reiterated Rating	Buy	$3.50	N/A
11/1/2017	B. Riley	Reiterated Rating	Buy		N/A
10/31/2017	FBR & Co.	Reiterated Rating	Buy		N/A
10/17/2017	Cowen	Reiterated Rating	Buy	$3.00	N/A
10/6/2017	Craig Hallum	Boost Price Target	Buy	$3.00 ➝ $4.00	N/A
9/17/2017	Cowen	Reiterated Rating	Buy	$3.00	High

(Data available from 8/11/2017 forward)

News Sentiment Rating

0.45 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

11 very positive mentions
28 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

1/12/2022

9 very positive mentions
27 positive mentions
6 negative mentions
2 very negative mentions

Mentions as of

2/11/2022

15 very positive mentions
22 positive mentions
1 negative mentions
2 very negative mentions

Mentions as of

3/13/2022

4 very positive mentions
14 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/12/2022

13 very positive mentions
38 positive mentions
10 negative mentions
2 very negative mentions

Mentions as of

5/12/2022

11 very positive mentions
22 positive mentions
0 negative mentions
2 very negative mentions

Mentions as of

6/11/2022

4 very positive mentions
11 positive mentions
6 negative mentions
1 very negative mentions

Mentions as of

7/11/2022

18 very positive mentions
35 positive mentions
4 negative mentions
3 very negative mentions

Mentions as of

8/10/2022

Current Sentiment

Recent Stories by Sentiment

Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.

Today's Range

Now: $29.27

$28.44

$29.55

50 Day Range

MA: $18.54

$14.20

$28.78

52 Week Range

Now: $29.27

$12.70

$46.50

Volume

430,873 shs

Average Volume

23,897,436 shs

Market Capitalization

$16.92 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.78

Frequently Asked Questions

What sell-side analysts currently cover shares of Plug Power?: The following Wall Street research analysts have issued research reports on Plug Power in the last year: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., Citigroup Inc., Cowen Inc, Craig Hallum, Evercore ISI, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Northland Securities, Piper Sandler, Royal Bank of Canada, Sumitomo Mitsui Financial Group, Inc., Susquehanna, Susquehanna Bancshares, Inc., TheStreet, Truist Financial Co., Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for PLUG.
What is the current price target for Plug Power?: 20 Wall Street analysts have set twelve-month price targets for Plug Power in the last year. Their average twelve-month price target is $32.05, suggesting a possible upside of 11.4%. Sumitomo Mitsui Financial Group, Inc. has the highest price target set, predicting PLUG will reach $50.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $19.00 for Plug Power in the next year.
View the latest price targets for PLUG.
What is the current consensus analyst rating for Plug Power?: Plug Power currently has 6 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PLUG will outperform the market and that investors should add to their positions of Plug Power.
View the latest ratings for PLUG.
What other companies compete with Plug Power?: Other companies that are similar to Plug Power include Woodward, Bloom Energy, Ballard Power Systems, GrafTech International and FuelCell Energy. Learn More about companies similar to Plug Power.
How do I contact Plug Power's investor relations team?: Plug Power's physical mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker's listed phone number is (518) 782-7700 and its investor relations email address is [email protected] The official website for Plug Power is www.plugpower.com. Learn More about contacing Plug Power investor relations.

NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

Analyst Price Target for PLUG

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.45 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Plug Power?

What is the current price target for Plug Power?

What is the current consensus analyst rating for Plug Power?

What other companies compete with Plug Power?

How do I contact Plug Power's investor relations team?