Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.790
-0.120 (-6.28%)
At close: Feb 27, 2026, 4:00 PM EST
1.800
+0.010 (0.56%)
After-hours: Feb 27, 2026, 7:59 PM EST
Plug Power Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Plug Power stock have an average target of 2.10, with a low estimate of 0.50 and a high estimate of 7.00. The average target predicts an increase of 17.32% from the current stock price of 1.79.
Analyst Consensus: Hold
* Price targets were last updated on Jan 9, 2026.
Analyst Ratings
The average analyst rating for Plug Power stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 7 | 8 | 7 | 6 | 7 | 7 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 15 | 16 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $4 → $2 | Strong Buy → Hold | Downgrades | $4 → $2 | +11.73% | Jan 9, 2026 |
| Clear Street | Clear Street | Hold → Strong Buy Upgrades $3.5 → $3 | Hold → Strong Buy | Upgrades | $3.5 → $3 | +67.60% | Dec 31, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2.5 | Hold | Maintains | $2.5 | +39.66% | Nov 20, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $3.5 → $2.5 | Hold | Maintains | $3.5 → $2.5 | +39.66% | Nov 17, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $2.5 | Hold | Maintains | $1.25 → $2.5 | +39.66% | Nov 11, 2025 |
Financial Forecast
Revenue This Year
757.42M
from 628.81M
Increased by 20.45%
Revenue Next Year
938.31M
from 757.42M
Increased by 23.88%
EPS This Year
-0.77
from -2.68
EPS Next Year
-0.31
from -0.77
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 1.7B | 2.4B | ||||
| Avg | 757.4M | 938.3M | ||||
| Low | 680.2M | 767.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 165.6% | 213.4% | ||||
| Avg | 20.5% | 23.9% | ||||
| Low | 8.2% | 1.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.42 | -0.24 | ||||
| Avg | -0.77 | -0.31 | ||||
| Low | -0.88 | -0.44 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | - | - | ||||
| Avg | - | - | ||||
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.