NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $46.59
  • Forecasted Upside: 59.71 %
  • Number of Analysts: 20
  • Breakdown:
  • 1 Sell Ratings
  • 7 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$29.17
▼ -0.68 (-2.28%)
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

Average Price Target: $46.59
▲ +59.71% Upside Potential
This price target is based on 20 analysts offering 12 month price targets for Plug Power in the last 3 months. The average price target is $46.59, with a high forecast of $80.00 and a low forecast of $23.00. The average price target represents a 59.71% upside from the last price of $29.17.

Buy

The current consensus among 20 polled 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
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 5 hold ratings
  • 1 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 7 hold ratings
  • 1 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 7 hold ratings
  • 1 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/28/2021Morgan StanleyBoost Price TargetEqual Weight$35.00 ➝ $36.00High
5/27/2021BTIG ResearchInitiated CoverageBuy$40.00High
5/24/2021BarclaysLower Price TargetUnderweight$29.00 ➝ $24.00Medium
5/18/2021Piper SandlerLower Price TargetNeutral ➝ Neutral$42.00 ➝ $32.00High
5/17/2021B. RileyLower Price TargetBuy$70.00 ➝ $50.00Medium
5/17/2021OppenheimerReiterated RatingBuyLow
5/17/2021BarclaysLower Price TargetPositive ➝ Underweight$28.00 ➝ $24.00Low
4/26/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$30.00N/A
4/19/2021Evercore ISIInitiated CoverageOutperform$42.00Medium
4/19/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$30.00Medium
4/19/2021Morgan StanleyReiterated RatingOverweight ➝ Equal Weight$35.00High
4/12/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$35.00High
4/6/2021Piper SandlerLower Price Target$48.00 ➝ $42.00Low
3/30/2021Northcoast ResearchInitiated CoverageNeutralHigh
3/30/2021JPMorgan Chase & Co.Lower Price TargetOverweight$61.00 ➝ $51.00High
3/23/2021Truist SecuritiesReiterated RatingBuy ➝ Hold$65.00 ➝ $42.00Medium
3/17/2021Truist FinancialDowngradeBuy ➝ HoldHigh
3/17/2021Craig HallumLower Price TargetBuy$88.00 ➝ $49.00High
3/17/2021Truist SecuritiesLower Price TargetBuy ➝ Hold$65.00 ➝ $42.00High
3/17/2021TruistDowngradeBuy ➝ HoldHigh
3/8/2021BarclaysReiterated RatingEqual Weight ➝ Underweight$21.00 ➝ $29.00N/A
3/2/2021BarclaysDowngradeEqual Weight ➝ Underweight$21.00 ➝ $29.00Medium
3/1/2021Roth CapitalReiterated RatingBuy$65.00Low
3/1/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$65.00Low
2/26/2021CowenReiterated RatingOutperform$82.00 ➝ $75.00High
2/26/2021CowenLower Price TargetOutperform$82.00 ➝ $75.00High
2/26/2021Piper SandlerLower Price TargetNeutral$66.00 ➝ $48.00High
2/3/2021Sanford C. BernsteinInitiated CoverageOutperform$75.00High
1/28/2021B. RileyBoost Price Target$79.00 ➝ $83.00Low
1/28/2021TruistBoost Price Target$60.00 ➝ $80.00Low
1/27/2021JPMorgan Chase & Co.Boost Price TargetNeutral$60.00 ➝ $70.00High
1/27/2021Piper SandlerInitiated CoverageNeutral$66.00Medium
1/14/2021JPMorgan Chase & Co.Initiated CoverageNeutral$60.00Low
1/12/2021TruistInitiated CoverageBuy$60.00High
1/7/2021Canaccord GenuityBoost Price TargetBuy$25.00 ➝ $48.00High
1/7/2021B. RileyBoost Price TargetBuy$24.00 ➝ $52.00N/A
1/7/2021CowenBoost Price TargetOutperform$35.00 ➝ $50.00N/A
12/21/2020Morgan StanleyBoost Price TargetOverweight$14.50 ➝ $38.00High
11/30/2020Roth CapitalBoost Price TargetBuy$22.00 ➝ $30.00High
11/12/2020Canaccord GenuityBoost Price TargetBuy$13.00 ➝ $25.00High
11/10/2020Roth CapitalBoost Price TargetBuy$14.00 ➝ $22.00Low
11/10/2020Craig HallumBoost Price TargetBuy$14.00 ➝ $26.00Low
11/10/2020OppenheimerBoost Price TargetOutperform$13.00 ➝ $23.00Low
11/10/2020HC WainwrightBoost Price TargetBuy$14.00 ➝ $30.00High
11/10/2020B. RileyBoost Price TargetBuy$18.00 ➝ $24.00High
10/27/2020B. RileyBoost Price Target$13.00 ➝ $18.00Low
9/28/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$14.00High
9/25/2020BarclaysBoost Price TargetEqual Weight$12.00 ➝ $13.00High
9/18/2020Morgan StanleyBoost Price TargetEqual Weight$9.50 ➝ $10.25High
8/18/2020Odeon Capital GroupInitiated CoverageBuyMedium
8/14/2020Morgan StanleyBoost Price TargetEqual Weight$8.50 ➝ $9.50Low
7/16/2020HC WainwrightReiterated RatingBuy$14.00Medium
7/9/2020BarclaysDowngradeOverweight ➝ Equal Weight$10.00High
6/24/2020B. RileyBoost Price TargetBuy$7.00 ➝ $8.00High
6/24/2020Roth CapitalBoost Price Target$6.00 ➝ $12.00High
6/24/2020Canaccord GenuityBoost Price TargetBuy$7.00 ➝ $8.50High
6/24/2020HC WainwrightBoost Price TargetBuy$6.00 ➝ $14.00High
6/17/2020Morgan StanleyBoost Price TargetEqual Weight$5.75 ➝ $6.00Low
6/12/2020B. RileyInitiated CoverageBuy$7.00Medium
6/4/2020BarclaysInitiated CoverageOverweight$7.00High
5/14/2020OppenheimerReiterated RatingBuy$6.00High
5/8/2020HC WainwrightReiterated RatingBuy$6.00High
5/5/2020Morgan StanleyBoost Price TargetEqual Weight$5.50 ➝ $5.75Low
4/15/2020Morgan StanleyBoost Price TargetEqual Weight$4.50 ➝ $5.50Low
3/10/2020HC WainwrightReiterated RatingBuy$4.00 ➝ $6.00Medium
3/6/2020Canaccord GenuityBoost Price TargetBuy$5.00 ➝ $7.00Low
3/6/2020OppenheimerBoost Price TargetOutperform$3.00 ➝ $6.00Low
11/25/2019B. RileyReiterated RatingBuy$3.50 ➝ $6.00High
11/11/2019Roth CapitalUpgradeNeutral ➝ Buy$3.00 ➝ $6.00High
9/26/2019B. RileySet Price TargetBuy$3.50High
9/18/2019HC WainwrightSet Price TargetBuy$4.00Low
9/17/2019CowenSet Price TargetBuy$3.00Low
8/7/2019HC WainwrightReiterated RatingBuy$4.00High
3/14/2019B. RileyReiterated RatingBuy$3.50High
3/8/2019B. RileySet Price TargetBuy$4.00High
1/30/2019Roth CapitalUpgradeSell ➝ Neutral$1.30Low
1/10/2019HC WainwrightReiterated RatingBuy$4.00Medium
11/9/2018HC WainwrightSet Price TargetBuy$4.00High
10/16/2018CowenSet Price TargetBuy$3.00Low
10/16/2018HC WainwrightSet Price TargetBuy$4.00Medium
8/23/2018CIBCInitiated CoverageOutperform ➝ Outperform$2.50Low
8/23/2018OppenheimerInitiated CoverageOutperform$2.50Low
8/22/2018B. RileySet Price TargetBuy$4.00Medium
8/10/2018B. RileySet Price TargetBuy$4.00Low
8/10/2018HC WainwrightSet Price TargetBuy$4.00Medium
6/6/2018B. RileySet Price TargetBuy$4.00Low
5/29/2018B. RileySet Price TargetBuy$4.00High
5/10/2018B. RileySet Price TargetBuy$4.00Low
5/10/2018HC WainwrightSet Price TargetBuy$4.00Medium
3/8/2018B. RileyReiterated RatingBuyMedium
3/8/2018HC WainwrightSet Price TargetBuy$4.00Medium
3/7/2018Canaccord GenuitySet Price TargetBuy$5.00Medium
2/9/2018B. RileySet Price TargetBuy$4.00High
2/9/2018HC WainwrightSet Price TargetBuy$4.00High
12/7/2017B. RileyReiterated RatingBuy$3.50Low
12/7/2017HC WainwrightReiterated RatingBuy$4.00Medium
12/1/2017Canaccord GenuityInitiated CoverageBuy$5.00High
11/9/2017HC WainwrightReiterated RatingBuy$4.00N/A
11/9/2017B. RileyReiterated RatingBuy$3.50N/A
11/1/2017B. RileyReiterated RatingBuyN/A
10/31/2017(FBRC)Reiterated RatingBuyN/A
10/17/2017CowenReiterated RatingBuy$3.00N/A
10/6/2017Craig HallumBoost Price TargetBuy$3.00 ➝ $4.00N/A
9/17/2017CowenReiterated RatingBuy$3.00High
8/10/2017CowenSet Price TargetBuy$3.00High
8/9/2017HC WainwrightSet Price TargetBuy$4.00Medium
7/25/2017(FBRC)Reiterated RatingOutperform ➝ Outperform$3.00 ➝ $3.50High
7/24/2017HC WainwrightReiterated RatingBuy$4.00Medium
7/24/2017Rodman & RenshawReiterated RatingBuy$4.00Low
7/23/2017Roth CapitalReiterated RatingSell$1.30Medium
7/10/2017CowenSet Price TargetBuy$3.00Low
5/17/2017Roth CapitalDowngradeNeutral ➝ Sell$2.25 ➝ $1.30High
5/10/2017(FBRC)Set Price TargetOutperform$3.00Low
5/3/2017(FBRC)Reiterated RatingOutperform$3.00High
4/18/2017(FBRC)Reiterated RatingOutperform$3.00Medium
4/8/2017Roth CapitalSet Price TargetHold$2.00High
4/6/2017CowenSet Price TargetBuy$1.75 ➝ $3.00High
4/6/2017HC WainwrightSet Price TargetBuy$4.00High
4/6/2017(FBRC)Boost Price TargetOutperform ➝ Outperform$2.50 ➝ $3.00High
4/6/2017Rodman & RenshawBoost Price TargetBuy ➝ Buy$3.00 ➝ $4.00High
3/11/2017CowenReiterated RatingOutperform$1.75N/A
2/28/2017Morgan StanleyLower Price TargetEqual Weight$3.00 ➝ $1.50N/A
2/27/2017(FBRC)Reiterated RatingOutperform$2.50N/A
2/9/2017(FBRC)Reiterated RatingBuyN/A
12/6/2016HC WainwrightReiterated RatingBuyN/A
12/6/2016Rodman & RenshawInitiated CoverageBuy$3.00N/A
12/1/2016Roth CapitalReiterated RatingNeutral$1.75 ➝ $1.40N/A
11/20/2016(FBRC)Reiterated RatingOutperform$2.50N/A
8/15/2016Roth CapitalBoost Price TargetNeutral$1.75 ➝ $2.00N/A
8/8/2016(FBRC)Reiterated RatingOutperform$3.00N/A
7/20/2016(FBRC)Reiterated RatingOutperform$3.00N/A
7/12/2016(FBRC)Reiterated RatingBuy$3.00N/A
(Data available from 6/21/2016 forward)
Plug Power logo
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.
Read More

Today's Range

Now: $29.17
Low: $28.72
High: $30.33

50 Day Range

MA: $27.87
Low: $20.07
High: $33.49

52 Week Range

Now: $29.17
Low: $5.35
High: $75.49

Volume

21,267,100 shs

Average Volume

39,021,105 shs

Market Capitalization

$16.58 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.41

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, BTIG Research, Canaccord Genuity, Cowen Inc, Craig Hallum, Evercore ISI, HC Wainwright, JPMorgan Chase & Co., Morgan Stanley, Northcoast Research, Odeon Capital Group LLC, Oppenheimer Holdings Inc., Piper Sandler, Roth Capital, Sanford C. Bernstein, TheStreet, Truist, Truist Financial Co., Truist Securities, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for PLUG.

What is the current price target for Plug Power?

17 Wall Street analysts have set twelve-month price targets for Plug Power in the last year. Their average twelve-month price target is $46.59, suggesting a possible upside of 59.7%. Truist has the highest price target set, predicting PLUG will reach $80.00 in the next twelve months. Oppenheimer Holdings Inc. has the lowest price target set, forecasting a price of $23.00 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 1 sell rating, 7 hold ratings and 12 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?

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.