NASDAQ:PLUG - Plug Power Stock Price Target and Predictions

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

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 As of 06/18/2021 01:00 AM ET

▼ -0.68 (-2.28%)

1 month | 3 months | 12 months

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Analyst Price Target for PLUG

^$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

Ratings as of

12/28/2019

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

Ratings as of

3/27/2020

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

Ratings as of

6/25/2020

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

Ratings as of

9/23/2020

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

Ratings as of

12/22/2020

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

Ratings as of

3/22/2021

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

Ratings as of

5/21/2021

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

Ratings as of

6/20/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
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 Securities	Reiterated Rating	Buy ➝ Hold	$65.00 ➝ $42.00	Medium
3/17/2021	Truist Financial	Downgrade	Buy ➝ Hold		High
3/17/2021	Craig Hallum	Lower Price Target	Buy	$88.00 ➝ $49.00	High
3/17/2021	Truist Securities	Lower Price Target	Buy ➝ Hold	$65.00 ➝ $42.00	High
3/17/2021	Truist	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	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	Initiated Coverage	Buy	$60.00	High
1/7/2021	Canaccord Genuity	Boost Price Target	Buy	$25.00 ➝ $48.00	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
11/12/2020	Canaccord Genuity	Boost Price Target	Buy	$13.00 ➝ $25.00	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	Canaccord Genuity	Boost Price Target	Buy	$7.00 ➝ $8.50	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	Canaccord Genuity	Boost Price Target	Buy	$5.00 ➝ $7.00	Low
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
3/7/2018	Canaccord Genuity	Set Price Target	Buy	$5.00	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
12/1/2017	Canaccord Genuity	Initiated Coverage	Buy	$5.00	High
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	(FBRC)	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
8/10/2017	Cowen	Set Price Target	Buy	$3.00	High
8/9/2017	HC Wainwright	Set Price Target	Buy	$4.00	Medium
7/25/2017	(FBRC)	Reiterated Rating	Outperform ➝ Outperform	$3.00 ➝ $3.50	High
7/24/2017	HC Wainwright	Reiterated Rating	Buy	$4.00	Medium
7/24/2017	Rodman & Renshaw	Reiterated Rating	Buy	$4.00	Low
7/23/2017	Roth Capital	Reiterated Rating	Sell	$1.30	Medium
7/10/2017	Cowen	Set Price Target	Buy	$3.00	Low
5/17/2017	Roth Capital	Downgrade	Neutral ➝ Sell	$2.25 ➝ $1.30	High
5/10/2017	(FBRC)	Set Price Target	Outperform	$3.00	Low
5/3/2017	(FBRC)	Reiterated Rating	Outperform	$3.00	High
4/18/2017	(FBRC)	Reiterated Rating	Outperform	$3.00	Medium
4/8/2017	Roth Capital	Set Price Target	Hold	$2.00	High
4/6/2017	Cowen	Set Price Target	Buy	$1.75 ➝ $3.00	High
4/6/2017	HC Wainwright	Set Price Target	Buy	$4.00	High
4/6/2017	(FBRC)	Boost Price Target	Outperform ➝ Outperform	$2.50 ➝ $3.00	High
4/6/2017	Rodman & Renshaw	Boost Price Target	Buy ➝ Buy	$3.00 ➝ $4.00	High
3/11/2017	Cowen	Reiterated Rating	Outperform	$1.75	N/A
2/28/2017	Morgan Stanley	Lower Price Target	Equal Weight	$3.00 ➝ $1.50	N/A
2/27/2017	(FBRC)	Reiterated Rating	Outperform	$2.50	N/A
2/9/2017	(FBRC)	Reiterated Rating	Buy		N/A
12/6/2016	HC Wainwright	Reiterated Rating	Buy		N/A
12/6/2016	Rodman & Renshaw	Initiated Coverage	Buy	$3.00	N/A
12/1/2016	Roth Capital	Reiterated Rating	Neutral	$1.75 ➝ $1.40	N/A
11/20/2016	(FBRC)	Reiterated Rating	Outperform	$2.50	N/A
8/15/2016	Roth Capital	Boost Price Target	Neutral	$1.75 ➝ $2.00	N/A
8/8/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A
7/20/2016	(FBRC)	Reiterated Rating	Outperform	$3.00	N/A
7/12/2016	(FBRC)	Reiterated Rating	Buy	$3.00	N/A

(Data available from 6/21/2016 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: $29.17

$28.72

$30.33

50 Day Range

MA: $27.87

$20.07

$33.49

52 Week Range

Now: $29.17

$5.35

$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?

Other companies that are similar to Plug Power include Woodward, Ballard Power Systems, Bloom Energy, GrafTech International, FuelCell Energy, ITM Power, Hollysys Automation Technologies, Thermon Group, Fusion Fuel Green, 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.