Plug Power Inc. (PLUG) Stock Forecast
Data as of Jul 31, 2026Industrials · Current price $2.04 (-2.15%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 9, 2026 | Charles Minervino | Susquehanna | $2.75 | +34.8% |
| Mar 9, 2026 | Julian Dumoulin-Smith | Jefferies | $1.80 | -11.8% |
| Mar 3, 2026 | Ameet Thakkar | BMO Capital | $1.00 | -51.0% |
| Oct 16, 2025 | David Arcaro | Morgan Stanley | $1.50 | -26.5% |
| Aug 14, 2025 | Michael Blum | Wells Fargo | $1.50 | -26.5% |
| Nov 15, 2024 | Dushyant Ailani | Jefferies | $1.90 | -6.9% |
| Nov 14, 2024 | Christopher Van Horn | B.Riley Financial | $2.00 | -2.0% |
| Nov 13, 2024 | Ameet Thakkar | BMO Capital | $1.60 | -21.6% |
| Nov 12, 2024 | George Giankarikas | Canaccord Genuity | $2.25 | +10.3% |
| Nov 12, 2024 | Gregory Lewis | BTIG | $2.50 | +22.5% |
| Aug 12, 2024 | Jordan Levy | Truist Financial | $2.00 | -2.0% |
| Aug 12, 2024 | George Gianarikas | Canaccord Genuity | $2.50 | +22.5% |
| Aug 9, 2024 | Ameet Thakkar | BMO Capital | $1.80 | -11.8% |
| Jul 19, 2024 | Ameet Thakkar | BMO Capital | $2.25 | +10.3% |
| Jul 2, 2024 | Manav Gupta | UBS | $2.75 | +34.8% |
| May 14, 2024 | Ameet Thakkar | BMO Capital | $2.50 | +22.5% |
| May 14, 2024 | Chris Dendrinos | RBC Capital | $3.50 | +71.6% |
| May 10, 2024 | Kashy Harrison | Piper Sandler | $2.50 | +22.5% |
| Mar 5, 2024 | Kashy Harrison | Piper Sandler | $2.90 | +42.1% |
| Feb 28, 2024 | Jordan Levy | Truist Financial | $4.00 | +96.1% |
Top Analysts Covering PLUG
PLUG vs Sector & Market
| Metric | PLUG | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.92 | 2.40 | 2.42 |
| Analyst Count | 13 | 8 | 19 |
| Target Upside | -14.1% | +109.1% | +18.0% |
| P/E Ratio | -2.15 | 36.68 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $795M | $805M | $813M | 13 |
| 2027-12-31 | $873M | $953M | $1.07B | 12 |
| 2028-12-31 | $1.16B | $1.16B | $1.17B | 9 |
| 2029-03-31 | $167M | $199M | $230M | 4 |
| 2029-06-30 | $185M | $221M | $254M | 4 |
| 2029-09-30 | $324M | $387M | $446M | 7 |
| 2029-12-31 | $389M | $465M | $536M | 4 |
| 2030-03-31 | $194M | $231M | $266M | 4 |
| 2030-06-30 | $216M | $259M | $298M | 5 |
| 2030-09-30 | $402M | $481M | $553M | 8 |
| 2030-12-31 | $489M | $584M | $673M | 4 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $-0.36 | $-0.31 | $-0.21 | 9 |
| 2027-12-31 | $-0.28 | $-0.20 | $-0.15 | 8 |
| 2028-12-31 | $-0.26 | $-0.15 | $-0.10 | 5 |
| 2029-03-31 | $-0.13 | $-0.11 | $-0.09 | 4 |
| 2029-06-30 | $-0.13 | $-0.11 | $-0.09 | 3 |
| 2029-09-30 | $-0.08 | $-0.07 | $-0.06 | 3 |
| 2029-12-31 | $-0.06 | $-0.05 | $-0.04 | 4 |
| 2030-03-31 | $-0.12 | $-0.10 | $-0.08 | 2 |
| 2030-06-30 | $-0.11 | $-0.10 | $-0.08 | 2 |
| 2030-09-30 | $-0.06 | $-0.05 | $-0.04 | 2 |
| 2030-12-31 | $-0.03 | $-0.02 | $-0.02 | 2 |
Frequently Asked Questions
What is the analyst consensus for PLUG?
The consensus among 13 analysts covering Plug Power Inc. (PLUG) is Hold with an average price target of $1.80.
What is the highest price target for PLUG?
The highest price target for PLUG is $49.00, set by Eric Stine at Craig-Hallum on 2021-06-22.
What is the lowest price target for PLUG?
The lowest price target for PLUG is $1.00, set by Ameet Thakkar at BMO Capital on 2026-03-03.
How many analysts cover PLUG?
13 analysts have issued ratings for Plug Power Inc. in the past 12 months.
Is PLUG a buy or sell right now?
Based on 13 analyst ratings, PLUG has a consensus rating of Hold (2.92/5) with a -14.1% upside to the consensus target of $1.80.
What are the earnings estimates for PLUG?
Analysts estimate PLUG will report EPS of $-0.31 for the period ending 2026-12-31, with revenue estimated at $805M.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.