Plug Power Stock Price Target and Analyst Ratings (NASDAQ:PLUG)

Analyst Price Target for PLUG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$39.09

▼ -41.54% Downside Potential

This price target is based on 12 analysts offering 12 month price targets for Plug Power in the last 3 months. The average price target is $39.09, with a high forecast of $60.00 and a low forecast of $13.00. The average price target represents a -41.54% upside from the last price of $66.87.

Buy

The current consensus among 12 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
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

8/3/2019

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

11/1/2019

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

1/30/2020

0 strong buy ratings
7 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

4/29/2020

0 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

7/28/2020

0 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

10/26/2020

0 strong buy ratings
8 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/25/2020

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

1/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
1/14/2021	JPMorgan Chase & Co.	Initiated Coverage	Neutral	$60.00	Low	i
1/12/2021	Truist	Initiated Coverage	Buy	$60.00	High	i
1/7/2021	Canaccord Genuity	Boost Price Target	Buy	$25.00 ➝ $48.00	High	i
1/7/2021	B. Riley	Boost Price Target	Buy	$24.00 ➝ $52.00	N/A	i
1/7/2021	Cowen	Boost Price Target	Outperform	$35.00 ➝ $50.00	N/A	i
12/21/2020	Morgan Stanley	Boost Price Target	Overweight	$14.50 ➝ $38.00	High	i
11/30/2020	Roth Capital	Boost Price Target	Buy	$22.00 ➝ $30.00	High	i
11/12/2020	Canaccord Genuity	Boost Price Target	Buy	$13.00 ➝ $25.00	High	i
11/10/2020	Roth Capital	Boost Price Target	Buy	$14.00 ➝ $22.00	Low	i
11/10/2020	Craig Hallum	Boost Price Target	Buy	$14.00 ➝ $26.00	Low	i
11/10/2020	Oppenheimer	Boost Price Target	Outperform	$13.00 ➝ $23.00	Low	i Rating by Colin Rusch at Oppenheimer Holdings Inc.
11/10/2020	HC Wainwright	Boost Price Target	Buy	$14.00 ➝ $30.00	High	i Rating by A. Dayal at HC Wainwright
11/10/2020	B. Riley	Boost Price Target	Buy	$18.00 ➝ $24.00	High	i Rating by Christopher Souther at B. Riley
10/27/2020	B. Riley	Boost Price Target		$13.00 ➝ $18.00	Low	i Rating by Christopher Souther at B. Riley
9/28/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$14.00	High	i
9/25/2020	Barclays	Boost Price Target	Equal Weight	$12.00 ➝ $13.00	High	i Rating by Moses Sutton at Barclays PLC
9/18/2020	Morgan Stanley	Boost Price Target	Equal Weight	$9.50 ➝ $10.25	High	i
8/18/2020	Odeon Capital Group	Initiated Coverage	Buy		Medium	i
8/14/2020	Morgan Stanley	Boost Price Target	Equal Weight	$8.50 ➝ $9.50	Low	i
7/16/2020	HC Wainwright	Reiterated Rating	Buy	$14.00	Medium	i
7/9/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$10.00	High	i Rating by Moses Sutton at Barclays PLC
6/24/2020	B. Riley	Boost Price Target	Buy	$7.00 ➝ $8.00	High	i Rating by C. Souther at B. Riley
6/24/2020	Roth Capital	Boost Price Target		$6.00 ➝ $12.00	High	i
6/24/2020	Canaccord Genuity	Boost Price Target	Buy	$7.00 ➝ $8.50	High	i
6/24/2020	HC Wainwright	Boost Price Target	Buy	$6.00 ➝ $14.00	High	i
6/17/2020	Morgan Stanley	Boost Price Target	Equal Weight	$5.75 ➝ $6.00	Low	i
6/12/2020	B. Riley	Initiated Coverage	Buy	$7.00	Medium	i Rating by C. Souther at B. Riley
6/4/2020	Barclays	Initiated Coverage	Overweight	$7.00	High	i
5/14/2020	Oppenheimer	Reiterated Rating	Buy	$6.00	High	i
5/8/2020	HC Wainwright	Reiterated Rating	Buy	$6.00	High	i
5/5/2020	Morgan Stanley	Boost Price Target	Equal Weight	$5.50 ➝ $5.75	Low	i
4/15/2020	Morgan Stanley	Boost Price Target	Equal Weight	$4.50 ➝ $5.50	Low	i
3/10/2020	HC Wainwright	Reiterated Rating	Buy	$4.00 ➝ $6.00	Medium	i Rating by Amit Dayal at HC Wainwright
3/6/2020	Canaccord Genuity	Boost Price Target	Buy	$5.00 ➝ $7.00	Low	i
3/6/2020	Oppenheimer	Boost Price Target	Outperform	$3.00 ➝ $6.00	Low	i
11/25/2019	B. Riley	Reiterated Rating	Buy	$3.50 ➝ $6.00	High	i Rating by Christopher Van Horn at B. Riley
11/11/2019	Roth Capital	Upgrade	Neutral ➝ Buy	$3.00 ➝ $6.00	High	i Rating by C. Irwin at Roth Capital
9/26/2019	B. Riley	Set Price Target	Buy	$3.50	High	i Rating by Christopher Van Horn at B. Riley
9/18/2019	HC Wainwright	Set Price Target	Buy	$4.00	Low	i Rating by Amit Dayal at HC Wainwright
9/17/2019	Cowen	Set Price Target	Buy	$3.00	Low	i Rating by Jeff Osborne at Cowen Inc
8/7/2019	HC Wainwright	Reiterated Rating	Buy	$4.00	High	i
3/14/2019	B. Riley	Reiterated Rating	Buy	$3.50	High	i Rating by Carter Driscoll at B. Riley
3/8/2019	B. Riley	Set Price Target	Buy	$4.00	High	i Rating by Carter Driscoll at B. Riley
1/30/2019	Roth Capital	Upgrade	Sell ➝ Neutral	$1.30	Low	i Rating by C. Irwin at Roth Capital
1/10/2019	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
11/9/2018	HC Wainwright	Set Price Target	Buy	$4.00	High	i Rating by Amit Dayal at HC Wainwright
10/16/2018	Cowen	Set Price Target	Buy	$3.00	Low	i Rating by Jeff Osborne at Cowen Inc
10/16/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
8/23/2018	CIBC	Initiated Coverage	Outperform ➝ Outperform	$2.50	Low	i
8/23/2018	Oppenheimer	Initiated Coverage	Outperform	$2.50	Low	i
8/22/2018	B. Riley	Set Price Target	Buy	$4.00	Medium	i Rating by Carter Driscoll at B. Riley
8/10/2018	B. Riley	Set Price Target	Buy	$4.00	Low	i Rating by Carter Driscoll at B. Riley
8/10/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
6/6/2018	B. Riley	Set Price Target	Buy	$4.00	Low	i Rating by Carter Driscoll at B. Riley
5/29/2018	B. Riley	Set Price Target	Buy	$4.00	High	i Rating by Carter Driscoll at B. Riley
5/10/2018	B. Riley	Set Price Target	Buy	$4.00	Low	i Rating by Carter Driscoll at B. Riley
5/10/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
3/8/2018	B. Riley	Reiterated Rating	Buy		Medium	i Rating by Carter Driscoll at B. Riley
3/8/2018	HC Wainwright	Set Price Target	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
3/7/2018	Canaccord Genuity	Set Price Target	Buy	$5.00	Medium	i Rating by Chip Moore at Canaccord Genuity
2/9/2018	B. Riley	Set Price Target	Buy	$4.00	High	i Rating by Carter Driscoll at B. Riley
2/9/2018	HC Wainwright	Set Price Target	Buy	$4.00	High	i Rating by Amit Dayal at HC Wainwright
12/7/2017	B. Riley	Reiterated Rating	Buy	$3.50	Low	i Rating by C. Driscoll at B. Riley
12/7/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
12/1/2017	Canaccord Genuity	Initiated Coverage	Buy	$5.00	High	i
11/9/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	N/A	i Rating by Amit Dayal at HC Wainwright
11/9/2017	B. Riley	Reiterated Rating	Buy	$3.50	N/A	i Rating by C. Driscoll at B. Riley
11/1/2017	B. Riley	Reiterated Rating	Buy		N/A	i Rating by C. Driscoll at B. Riley
10/31/2017	(FBRC)	Reiterated Rating	Buy		N/A	i Rating by Carter Driscoll at (FBRC)
10/17/2017	Cowen	Reiterated Rating	Buy	$3.00	N/A	i Rating by Jeff Osborne at Cowen Inc
10/6/2017	Craig Hallum	Boost Price Target	Buy	$3.00 ➝ $4.00	N/A	i
9/17/2017	Cowen	Reiterated Rating	Buy	$3.00	High	i Rating by Jeff Osborne at Cowen Inc
8/10/2017	Cowen	Set Price Target	Buy	$3.00	High	i Rating by Jeff Osborne at Cowen Inc
8/9/2017	HC Wainwright	Set Price Target	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
7/25/2017	(FBRC)	Reiterated Rating	Outperform ➝ Outperform	$3.00 ➝ $3.50	High	i Rating by Carter Driscoll at (FBRC)
7/24/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium	i Rating by Amit Dayal at HC Wainwright
7/24/2017	Rodman & Renshaw	Reiterated Rating	Buy	$4.00	Low	i
7/23/2017	Roth Capital	Reiterated Rating	Sell	$1.30	Medium	i Rating by C. Irwin at Roth Capital
7/10/2017	Cowen	Set Price Target	Buy	$3.00	Low	i Rating by Jeff Osborne at Cowen Inc
5/17/2017	Roth Capital	Downgrade	Neutral ➝ Sell	$2.25 ➝ $1.30	High	i Rating by Craig Irwin at Roth Capital
5/10/2017	(FBRC)	Set Price Target	Outperform	$3.00	Low	i Rating by Carter Driscoll at (FBRC)
5/3/2017	(FBRC)	Reiterated Rating	Outperform	$3.00	High	i Rating by Carter Driscoll at (FBRC)
4/18/2017	(FBRC)	Reiterated Rating	Outperform	$3.00	Medium	i Rating by Carter Driscoll at (FBRC)
4/8/2017	Roth Capital	Set Price Target	Hold	$2.00	High	i Rating by Craig Irwin at Roth Capital
4/6/2017	Cowen	Set Price Target	Buy	$1.75 ➝ $3.00	High	i Rating by Jeff Osborne at Cowen Inc
4/6/2017	HC Wainwright	Set Price Target	Buy	$4.00	High	i Rating by Amit Dayal at HC Wainwright
4/6/2017	(FBRC)	Boost Price Target	Outperform ➝ Outperform	$2.50 ➝ $3.00	High	i
4/6/2017	Rodman & Renshaw	Boost Price Target	Buy ➝ Buy	$3.00 ➝ $4.00	High	i
3/11/2017	Cowen	Reiterated Rating	Outperform	$1.75	N/A	i
2/28/2017	Morgan Stanley	Lower Price Target	Equal Weight	$3.00 ➝ $1.50	N/A	i
2/27/2017	(FBRC)	Reiterated Rating	Outperform	$2.50	N/A	i
2/9/2017	(FBRC)	Reiterated Rating	Buy		N/A	i
12/6/2016	HC Wainwright	Reiterated Rating	Buy		N/A	i Rating by A. Dayal at HC Wainwright
12/6/2016	Rodman & Renshaw	Initiated Coverage	Buy	$3.00	N/A	i
12/1/2016	Roth Capital	Reiterated Rating	Neutral	$1.75 ➝ $1.40	N/A	i
11/20/2016	(FBRC)	Reiterated Rating	Outperform	$2.50	N/A	i Rating by Carter Driscoll at (FBRC)
8/15/2016	Roth Capital	Boost Price Target	Neutral	$1.75 ➝ $2.00	N/A	i Rating by Craig Irwin at Roth Capital
8/8/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)
7/20/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)
7/12/2016	(FBRC)	Reiterated Rating	Buy	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)
6/9/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)
5/13/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)
5/10/2016	Roth Capital	Reiterated Rating	Neutral	$2.00	N/A	i Rating by Craig Irwin at Roth Capital
3/14/2016	Roth Capital	Boost Price Target	Neutral	$1.80 ➝ $2.00	N/A	i Rating by Matt Koranda at Roth Capital
3/13/2016	(FBRC)	Reiterated Rating	Outperform		N/A	i Rating by Carter Driscoll at (FBRC)
2/3/2016	Roth Capital	Reiterated Rating	Neutral	$1.80	N/A	i Rating by Matt Koranda at Roth Capital
1/28/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A	i Rating by Carter Driscoll at (FBRC)

(Data available from 1/25/2016 forward)

Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen 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 hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing maintenance and service program for GenDrive and GenSure fuel cells, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides 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, a turn-key solution for transitioning to fuel cell power; and ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans. The company offers its products to retail-distribution and manufacturing businesses through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Today's Range

Now: $66.87

$61.96

$67.02

50 Day Range

MA: $40.09

$24.75

$69.50

52 Week Range

Now: $66.87

$2.53

$73.90

Volume

40,373,200 shs

Average Volume

71,115,047 shs

Market Capitalization

$27.79 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.81

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: B. Riley, Barclays PLC, Canaccord Genuity, Cowen Inc, Craig Hallum, HC Wainwright, JPMorgan Chase & Co., Morgan Stanley, Odeon Capital Group LLC, Oppenheimer Holdings Inc., Roth Capital, Truist, and Zacks Investment Research.

What is the current price target for Plug Power?

11 Wall Street analysts have set twelve-month price targets for Plug Power in the last year. Their average twelve-month price target is $39.09, suggesting a possible downside of 41.5%. JPMorgan Chase & Co. has the highest price target set, predicting PLUG will reach $60.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $13.00 for Plug Power in the next year.

What is the current consensus analyst rating for Plug Power?

Plug Power currently has 2 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.

What other companies compete with Plug Power?

Other companies that are similar to Plug Power include Ballard Power Systems, Woodward, Bloom Energy, ITM Power, GrafTech International, Hollysys Automation Technologies, Thermon Group, Ideal Power, SCI Engineered Materials, China Carbon Graphite Group, China Power Equipment and Oryx Technology.

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.

NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

Analyst Price Target for PLUG

Past Monthly Recommendations

Latest Recommendations

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?