Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
3.030
-0.050 (-1.62%)
At close: Apr 28, 2026, 4:00 PM EDT
3.030
0.00 (0.00%)
After-hours: Apr 28, 2026, 6:50 PM EDT
Plug Power Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Plug Power stock have an average target of 2.27, with a low estimate of 0.50 and a high estimate of 7.00. The average target predicts a decrease of -25.08% from the current stock price of 3.03.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Plug Power stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 6 | 7 | 7 | 7 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $2.5 → $2.75 | Hold | Maintains | $2.5 → $2.75 | -9.24% | Apr 9, 2026 |
| Jefferies | Jefferies | Hold Maintains $2 → $1.8 | Hold | Maintains | $2 → $1.8 | -40.59% | Mar 9, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $1.5 → $2 | Hold | Maintains | $1.5 → $2 | -33.99% | Mar 4, 2026 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +131.02% | Mar 3, 2026 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $4 → $2 | Strong Buy → Hold | Downgrades | $4 → $2 | -33.99% | Jan 9, 2026 |
Financial Forecast
Revenue This Year
899.23M
from 709.92M
Increased by 26.67%
Revenue Next Year
972.02M
from 899.23M
Increased by 8.09%
EPS This Year
-0.31
from -1.42
EPS Next Year
-0.21
from -0.31
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 2.4B | 1.2B | ||||||
| Avg | 899.2M | 972.0M | ||||||
| Low | 767.8M | 836.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 234.4% | 28.4% | ||||||
| Avg | 26.7% | 8.1% | ||||||
| Low | 8.1% | -6.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | -0.20 | -0.05 | ||||||
| Avg | -0.31 | -0.21 | ||||||
| Low | -0.56 | -0.45 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| 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.