NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

  • 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
▲ +0.49 (1.70%)

This chart shows the closing price for PLUG by one month, three months, or twelve months.

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Analyst Price Target for PLUG

Analyst Price Target is $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.

This chart shows the closing price for PLUG for the last year in relation to the current analyst high, average, and low pricetarget.

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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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/16/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 14 buy ratings
  • 5 hold ratings
  • 1 sell ratings
8/15/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 6 hold ratings
  • 1 sell ratings
11/13/2021
  • 0 strong buy ratings
  • 17 buy ratings
  • 6 hold ratings
  • 1 sell ratings
2/11/2022
  • 0 strong buy ratings
  • 16 buy ratings
  • 5 hold ratings
  • 1 sell ratings
5/12/2022
  • 0 strong buy ratings
  • 13 buy ratings
  • 5 hold ratings
  • 1 sell ratings
7/11/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/10/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/11/2022CitigroupBoost Price Target$20.00 ➝ $36.00N/A
8/11/2022Truist FinancialBoost Price Target$21.00 ➝ $32.00N/A
8/10/2022BMO Capital MarketsBoost Price Target$20.00 ➝ $29.00Low
8/10/2022Susquehanna BancsharesBoost Price TargetPositive$30.00 ➝ $35.00Low
8/10/2022SusquehannaBoost Price TargetPositive$30.00 ➝ $35.00Low
8/10/2022JPMorgan Chase & Co.Boost Price TargetOverweight$28.00 ➝ $32.00Low
8/10/2022KeyCorpBoost Price TargetOverweight$30.00 ➝ $32.00Low
8/2/2022Northland SecuritiesInitiated CoverageMarket Perform$25.00Low
7/21/2022Morgan StanleyLower Price TargetOverweight$43.00 ➝ $42.00Low
7/19/2022Piper SandlerBoost Price TargetNeutral$18.00 ➝ $19.00Low
6/30/2022KeyCorpReiterated RatingOverweight$30.00Low
6/29/2022JPMorgan Chase & Co.Lower Price TargetOverweight$32.00 ➝ $28.00Low
6/8/2022Piper SandlerInitiated CoverageHold$18.00High
6/2/2022KeyCorpReiterated RatingOverweight$40.00Low
5/16/2022CitigroupLower Price TargetNA$20.00N/A
5/10/2022Craig HallumLower Price Target$49.00 ➝ $31.00High
5/10/2022SusquehannaLower Price Target$33.00 ➝ $30.00Medium
3/22/2022Morgan StanleyLower Price TargetOverweight$65.00 ➝ $60.00High
3/7/2022Canaccord Genuity GroupLower Price Target$25.00 ➝ $21.00High
3/7/2022Canaccord Genuity GroupLower Price TargetHold$25.00 ➝ $21.00High
3/2/2022Susquehanna BancsharesBoost Price TargetPositive$26.00 ➝ $30.00Low
3/2/2022Evercore ISILower Price TargetOutperform$50.00 ➝ $46.00Low
3/2/2022SusquehannaBoost Price TargetPositive$26.00 ➝ $30.00Low
3/2/2022JPMorgan Chase & Co.Lower Price TargetOverweight$42.00 ➝ $38.00Low
3/2/2022Royal Bank of CanadaLower Price TargetOutperform$39.00 ➝ $33.00Low
1/26/2022Susquehanna BancsharesInitiated CoveragePositive$26.00High
1/26/2022SusquehannaInitiated CoveragePositive$26.00High
1/24/2022Truist FinancialLower Price TargetHold$44.00 ➝ $27.00High
1/20/2022Canaccord Genuity GroupLower Price Target$38.00 ➝ $25.00Medium
1/20/2022Wells Fargo & CompanyLower Price Target$40.00 ➝ $26.00Medium
1/20/2022Royal Bank of CanadaLower Price Target$43.00 ➝ $39.00Medium
1/11/2022CitigroupLower Price Target$56.00 ➝ $37.00Low
1/5/2022KeyCorpInitiated CoverageOverweight$40.00High
11/19/2021Morgan StanleyBoost Price TargetOverweight$43.00 ➝ $65.00High
11/17/2021CitigroupBoost Price TargetOutperform ➝ Buy$35.00 ➝ $56.00High
11/11/2021Truist FinancialBoost Price TargetHold$36.00 ➝ $44.00Low
11/10/2021CowenBoost Price TargetOutperform$41.00 ➝ $44.00Medium
11/10/2021Wolfe ResearchBoost Price TargetOutperform$42.00 ➝ $46.00Medium
11/10/2021Royal Bank of CanadaBoost Price TargetOutperform$40.00 ➝ $48.00High
11/4/2021Sumitomo Mitsui Financial GroupInitiated CoverageOutperform$50.00Low
10/29/2021Piper SandlerBoost Price TargetOverweight$37.00 ➝ $46.00High
10/20/2021Truist FinancialBoost Price TargetHold$29.00 ➝ $36.00Medium
10/15/2021Evercore ISIReiterated RatingBuy$42.00High
10/15/2021Piper SandlerBoost Price TargetOverweight$33.00 ➝ $37.00Medium
10/15/2021BMO Capital MarketsBoost Price TargetPositive ➝ Market Perform$30.00 ➝ $35.00Medium
10/15/2021Royal Bank of CanadaBoost Price TargetOutperform$35.00 ➝ $40.00High
10/13/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$35.00 ➝ $40.00High
10/8/2021BarclaysUpgradeUnderweight ➝ Equal Weight$27.00High
9/30/2021BMO Capital MarketsInitiated CoverageMarket Perform$30.00Low
9/23/2021Piper SandlerUpgradeNeutral ➝ Overweight$33.00Medium
8/31/2021Wolfe ResearchInitiated CoverageOutperform$34.00High
8/9/2021Truist FinancialLower Price TargetHold$42.00 ➝ $29.00High
8/6/2021B. RileyLower Price TargetBuy$51.00 ➝ $45.00High
8/6/2021Royal Bank of CanadaLower Price TargetOutperform$42.00 ➝ $35.00High
8/6/2021Roth CapitalLower Price TargetBuy$65.00 ➝ $45.00High
7/23/2021CitigroupInitiated CoverageBuy$35.00Medium
7/20/2021Morgan StanleyLower Price TargetEqual Weight$36.00 ➝ $35.00High
7/15/2021Seaport Res PtnReiterated RatingBuyLow
7/13/2021COKER & PALMERReiterated RatingSector UnderperformHigh
6/30/2021Royal Bank of CanadaInitiated CoverageOutperform$42.00Medium
6/25/2021Evercore ISIReiterated RatingBuyHigh
6/24/2021HC WainwrightReiterated RatingBuyMedium
6/23/2021BarclaysBoost Price TargetUnderweight$24.00 ➝ $27.00Medium
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 FinancialReiterated RatingBuy ➝ Hold$65.00 ➝ $42.00Medium
3/17/2021Craig HallumLower Price TargetBuy$88.00 ➝ $49.00High
3/17/2021Truist FinancialLower Price TargetBuy ➝ Hold$65.00 ➝ $42.00High
3/17/2021Truist FinancialDowngradeBuy ➝ 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
1/28/2021Truist FinancialBoost 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
1/12/2021Truist FinancialInitiated CoverageBuy$60.00High
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
11/10/2020Roth 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
6/24/2020HC 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
3/6/2020OppenheimerBoost 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
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
11/9/2017HC WainwrightReiterated RatingBuy$4.00N/A
11/9/2017B. RileyReiterated RatingBuy$3.50N/A
11/1/2017B. RileyReiterated RatingBuyN/A
10/31/2017FBR & Co.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
(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

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
1/12/2022
  • 9 very positive mentions
  • 27 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
2/11/2022
  • 15 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
3/13/2022
  • 4 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/12/2022
  • 13 very positive mentions
  • 38 positive mentions
  • 10 negative mentions
  • 2 very negative mentions
5/12/2022
  • 11 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
6/11/2022
  • 4 very positive mentions
  • 11 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
7/11/2022
  • 18 very positive mentions
  • 35 positive mentions
  • 4 negative mentions
  • 3 very negative mentions
8/10/2022

Current Sentiment

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

Recent Stories by Sentiment

Plug Power logo
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.
Read More

Today's Range

Now: $29.27
Low: $28.44
High: $29.55

50 Day Range

MA: $18.54
Low: $14.20
High: $28.78

52 Week Range

Now: $29.27
Low: $12.70
High: $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?

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.