Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.540
-0.030 (-1.17%)
At close: Jun 26, 2026, 4:00 PM EDT
2.559
+0.019 (0.76%)
After-hours: Jun 26, 2026, 7:59 PM EDT
Plug Power Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Plug Power stock have an average target of 3.46, with a low estimate of 1.20 and a high estimate of 7.00. The average target predicts an increase of 36.22% from the current stock price of 2.54.
Analyst Consensus: Hold
* Price targets were last updated on May 20, 2026.
Analyst Ratings
The average analyst rating for Plug Power stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 13 | 13 | 12 | 12 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Total | 21 | 21 | 20 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 3, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $7 | Buy | Maintains | $7 | +175.59% | May 20, 2026 |
| Wells Fargo | Wells Fargo | Hold Reiterates $2 → $2.5 | Hold | Reiterates | $2 → $2.5 | -1.57% | May 19, 2026 |
| Susquehanna | Susquehanna | Hold Maintains $2.75 → $3.75 | Hold | Maintains | $2.75 → $3.75 | +47.64% | May 13, 2026 |
| BMO Capital | BMO Capital | Sell Maintains $1 → $1.2 | Sell | Maintains | $1 → $1.2 | -52.76% | May 12, 2026 |
Financial Forecast
Revenue This Year
813.38M
from 709.92M
Increased by 14.57%
Revenue Next Year
964.56M
from 813.38M
Increased by 18.59%
EPS This Year
-0.29
from -0.85
EPS Next Year
-0.16
from -0.29
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 832.2M | 1.1B | |
| Avg | 813.4M | 964.6M | |
| Low | 803.0M | 900.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 17.2% | 35.3% | |
| Avg | 14.6% | 18.6% | |
| Low | 13.1% | 10.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | -0.29 | -0.16 | |
| Low | - | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| 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.