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Plug Power Analyst Ratings and Price Targets | NASDAQ:PLUG | Benzinga
Plug Power Inc has a consensus price target of $4.01 based on the ratings of 29 analysts. The high is $12 issued by JP Morgan on October 5, 2023. The low is $1 issued by Seaport Global on January 27, 2025. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and UBS on March 25, 2025, March 24, 2025, and March 21, 2025, respectively. With an average price target of $2.58 between HC Wainwright & Co., HC Wainwright & Co., and UBS, there's an implied 61.96% upside for Plug Power Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
HC Wainwright & Co.
UBS
Morgan Stanley
Canaccord Genuity
Truist Securities
1calculated from analyst ratings
Analyst Ratings for Plug Power
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/25/2025 | Buy Now | 88.09% | HC Wainwright & Co. | Amit Dayal50% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 03/24/2025 | Buy Now | 88.09% | HC Wainwright & Co. | Amit Dayal50% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 03/21/2025 | Buy Now | 9.72% | UBS | Manav Gupta53% | $2.5 → $1.75 | Maintains | Neutral | Get Alert |
| 03/06/2025 | Buy Now | 0.31% | Morgan Stanley | Arthur Sitbon61% | $1.75 → $1.6 | Maintains | Underweight | Get Alert |
| 03/05/2025 | Buy Now | -21.63% | Canaccord Genuity | George Gianarikas43% | $2 → $1.25 | Maintains | Hold | Get Alert |
| 03/05/2025 | Buy Now | -5.96% | Truist Securities | Jordan Levy34% | $2 → $1.5 | Maintains | Hold | Get Alert |
| 03/05/2025 | Buy Now | 88.09% | B. Riley Securities | Ryan Pfingst48% | $4 → $3 | Maintains | Buy | Get Alert |
| 03/05/2025 | Buy Now | -31.03% | Piper Sandler | Kashy Harrison41% | $1.4 → $1.1 | Maintains | Underweight | Get Alert |
| 03/05/2025 | Buy Now | 12.85% | Susquehanna | Biju Perincheril45% | $2.5 → $1.8 | Maintains | Neutral | Get Alert |
| 03/05/2025 | Buy Now | -12.23% | BMO Capital | Ameet Thakkar41% | $1.6 → $1.4 | Maintains | Underperform | Get Alert |
| 03/05/2025 | Buy Now | 88.09% | HC Wainwright & Co. | Amit Dayal50% | $5 → $3 | Maintains | Buy | Get Alert |
| 01/27/2025 | Buy Now | -37.3% | Seaport Global | Tom Curran34% | → $1 | Downgrade | Neutral → Sell | Get Alert |
| 01/16/2025 | Buy Now | 56.74% | Susquehanna | Biju Perincheril45% | $2 → $2.5 | Maintains | Neutral | Get Alert |
| 11/18/2024 | Buy Now | 213.48% | HC Wainwright & Co. | Amit Dayal50% | $18 → $5 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | 25.39% | Canaccord Genuity | George Gianarikas43% | $2.25 → $2 | Maintains | Hold | Get Alert |
| 11/14/2024 | Buy Now | 88.09% | Craig-Hallum | Eric Stine39% | $4 → $3 | Maintains | Buy | Get Alert |
| 11/14/2024 | Buy Now | 25.39% | Wells Fargo | Michael Blum68% | $3 → $2 | Maintains | Equal-Weight | Get Alert |
| 11/14/2024 | Buy Now | -12.23% | Piper Sandler | Kashy Harrison41% | $1.6 → $1.4 | Maintains | Underweight | Get Alert |
| 11/14/2024 | Buy Now | — | BTIG | Gregory Lewis70% | — | Downgrade | Buy → Neutral | Get Alert |
| 11/13/2024 | Buy Now | 150.78% | Evercore ISI Group | James West65% | $5 → $4 | Maintains | Outperform | Get Alert |
| 11/13/2024 | Buy Now | 41.07% | Canaccord Genuity | George Gianarikas43% | $2.5 → $2.25 | Maintains | Hold | Get Alert |
| 11/13/2024 | Buy Now | 1028.53% | HC Wainwright & Co. | Amit Dayal50% | $18 → $18 | Reiterates | Buy → Buy | Get Alert |
| 10/03/2024 | Buy Now | 25.39% | Jefferies | Dushyant Ailani32% | $2.2 → $2 | Maintains | Hold | Get Alert |
| 08/12/2024 | Buy Now | 56.74% | RBC Capital | Chris Dendrinos33% | $3.5 → $2.5 | Maintains | Sector Perform | Get Alert |
| 08/12/2024 | Buy Now | 25.39% | Susquehanna | Biju Perincheril45% | $3 → $2 | Maintains | Neutral | Get Alert |
| 08/12/2024 | Buy Now | 25.39% | Truist Securities | Jordan Levy34% | $3 → $2 | Maintains | Hold | Get Alert |
| 08/12/2024 | Buy Now | 56.74% | Canaccord Genuity | George Gianarikas43% | $3 → $2.5 | Maintains | Hold | Get Alert |
| 08/09/2024 | Buy Now | 150.78% | Craig-Hallum | Eric Stine39% | $5 → $4 | Maintains | Buy | Get Alert |
| 08/09/2024 | Buy Now | 88.09% | Wells Fargo | Michael Blum68% | $4 → $3 | Maintains | Equal-Weight | Get Alert |
| 07/22/2024 | Buy Now | 50.47% | Piper Sandler | Kashy Harrison41% | $2.5 → $2.4 | Maintains | Underweight | Get Alert |
| 05/14/2024 | Buy Now | 1028.53% | HC Wainwright & Co. | Amit Dayal50% | $18 → $18 | Reiterates | Buy → Buy | Get Alert |
| 05/13/2024 | Buy Now | 88.09% | Canaccord Genuity | George Gianarikas43% | $4 → $3 | Maintains | Hold | Get Alert |
| 05/10/2024 | Buy Now | 213.48% | TD Cowen | Jeffrey Osborne31% | $7 → $5 | Maintains | Buy | Get Alert |
| 05/10/2024 | Buy Now | 56.74% | Morgan Stanley | Arthur Sitbon61% | $3 → $2.5 | Maintains | Underweight | Get Alert |
| 05/10/2024 | Buy Now | 56.74% | Piper Sandler | Kashy Harrison41% | $2.9 → $2.5 | Maintains | Underweight | Get Alert |
| 05/10/2024 | Buy Now | 88.09% | Susquehanna | Biju Perincheril45% | $3.5 → $3 | Maintains | Neutral | Get Alert |
| 04/05/2024 | Buy Now | 25.39% | Citigroup | Vikram Bagri37% | $3.25 → $2 | Downgrade | Neutral → Sell | Get Alert |
| 03/05/2024 | Buy Now | 432.92% | HSBC | Samantha Hoh42% | $9 → $8.5 | Maintains | Buy | Get Alert |
| 03/05/2024 | Buy Now | 81.82% | Piper Sandler | Kashy Harrison41% | $2.8 → $2.9 | Maintains | Underweight | Get Alert |
| 03/04/2024 | Buy Now | 276.18% | Evercore ISI Group | James West65% | $9 → $6 | Maintains | Outperform | Get Alert |
| 03/04/2024 | Buy Now | 213.48% | Craig-Hallum | Eric Stine39% | $6 → $5 | Maintains | Buy | Get Alert |
| 03/04/2024 | Buy Now | 150.78% | Canaccord Genuity | George Gianarikas43% | $5 → $4 | Maintains | Hold | Get Alert |
| 02/28/2024 | Buy Now | 150.78% | Truist Securities | Jordan Levy34% | $3 → $4 | Maintains | Hold | Get Alert |
| 02/06/2024 | Buy Now | 197.81% | UBS | Manav Gupta53% | → $4.75 | Downgrade | Buy → Neutral | Get Alert |
| 02/06/2024 | Buy Now | 182.13% | Redburn Atlantic | Skye Landon1% | → $4.5 | Initiates | → Neutral | Get Alert |
| 02/06/2024 | Buy Now | — | Seaport Global | Tom Curran34% | — | Downgrade | Buy → Neutral | Get Alert |
| 01/31/2024 | Buy Now | 464.26% | Roth MKM | Craig Irwin37% | $4.5 → $9 | Upgrade | Neutral → Buy | Get Alert |
| 01/24/2024 | Buy Now | 119.44% | Susquehanna | Biju Perincheril45% | $4.5 → $3.5 | Maintains | Neutral | Get Alert |
| 01/24/2024 | Buy Now | 119.44% | RBC Capital | Chris Dendrinos33% | $5 → $3.5 | Maintains | Sector Perform | Get Alert |
| 01/24/2024 | Buy Now | 75.55% | Piper Sandler | Kashy Harrison41% | $2.3 → $2.8 | Maintains | Underweight | Get Alert |
| 01/24/2024 | Buy Now | 401.57% | B. Riley Securities | Christopher Souther34% | $18 → $8 | Maintains | Buy | Get Alert |
| 01/24/2024 | Buy Now | 182.13% | Roth MKM | Craig Irwin37% | $4 → $4.5 | Maintains | Neutral | Get Alert |
| 01/24/2024 | Buy Now | 56.74% | BMO Capital | Ameet Thakkar41% | $3.5 → $2.5 | Downgrade | Market Perform → Underperform | Get Alert |
| 01/23/2024 | Buy Now | 88.09% | Truist Securities | Jordan Levy34% | $6 → $3 | Maintains | Hold | Get Alert |
| 01/11/2024 | Buy Now | — | Susquehanna | Biju Perincheril45% | — | Downgrade | Positive → Neutral | Get Alert |
| 12/22/2023 | Buy Now | 589.66% | Craig-Hallum | Eric Stine39% | → $11 | Reiterates | Buy → Buy | Get Alert |
| 12/19/2023 | Buy Now | 44.2% | Piper Sandler | Kashy Harrison41% | $6.5 → $2.3 | Downgrade | Neutral → Underweight | Get Alert |
| 12/06/2023 | Buy Now | 88.09% | Morgan Stanley | Arthur Sitbon61% | $3.5 → $3 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 11/16/2023 | Buy Now | 213.48% | Citigroup | Vikram Bagri37% | $12.5 → $5 | Downgrade | Buy → Neutral | Get Alert |
| 11/14/2023 | Buy Now | 213.48% | UBS | Manav Gupta53% | $15.5 → $5 | Maintains | Buy | Get Alert |
| 11/14/2023 | Buy Now | 276.18% | Johnson Rice | Martin Malloy37% | → $6 | Downgrade | Buy → Hold | Get Alert |
| 11/14/2023 | Buy Now | 150.78% | Wells Fargo | Michael Blum68% | $7 → $4 | Maintains | Equal-Weight | Get Alert |
| 11/13/2023 | Buy Now | 119.44% | Morgan Stanley | Andrew Percoco40% | $9 → $3.5 | Maintains | Equal-Weight | Get Alert |
| 11/10/2023 | Buy Now | 135.11% | BMO Capital | Ameet Thakkar41% | $8 → $3.75 | Maintains | Market Perform | Get Alert |
| 11/10/2023 | Buy Now | 276.18% | Jefferies | Sam Burwell7% | → $6 | Downgrade | Buy → Hold | Get Alert |
| 11/10/2023 | Buy Now | 338.87% | Northland Capital Markets | Abhishek Sinha15% | → $7 | Downgrade | Outperform → Market Perform | Get Alert |
| 11/10/2023 | Buy Now | — | Oppenheimer | Colin Rusch54% | — | Downgrade | Outperform → Perform | Get Alert |
| 11/10/2023 | Buy Now | 276.18% | JP Morgan | Paul Coster68% | $10 → $6 | Downgrade | Overweight → Neutral | Get Alert |
| 11/10/2023 | Buy Now | 276.18% | Truist Securities | Jordan Levy34% | $8 → $6 | Maintains | Hold | Get Alert |
| 11/10/2023 | Buy Now | 464.26% | Susquehanna | Biju Perincheril45% | $13 → $9 | Maintains | Positive | Get Alert |
| 11/10/2023 | Buy Now | 213.48% | RBC Capital | Chris Dendrinos33% | $12 → $5 | Downgrade | Outperform → Sector Perform | Get Alert |
| 10/17/2023 | Buy Now | 464.26% | Morgan Stanley | Andrew Percoco40% | $10 → $9 | Maintains | Equal-Weight | Get Alert |
| 10/16/2023 | Buy Now | 1592.79% | HC Wainwright & Co. | Amit Dayal50% | $78 → $27 | Maintains | Buy | Get Alert |
| 10/12/2023 | Buy Now | 715.05% | Susquehanna | Biju Perincheril45% | $14 → $13 | Maintains | Positive | Get Alert |
| 10/10/2023 | Buy Now | 683.7% | Citigroup | Vikram Bagri37% | $13 → $12.5 | Maintains | Buy | Get Alert |
| 10/05/2023 | Buy Now | 652.35% | JP Morgan | Bill Peterson45% | $14 → $12 | Maintains | Overweight | Get Alert |
| 10/02/2023 | Buy Now | 401.57% | Truist Securities | Jordan Levy34% | $9 → $8 | Maintains | Hold | Get Alert |
| 09/25/2023 | Buy Now | 589.66% | HSBC | Samantha Hoh42% | → $11 | Initiates | → Buy | Get Alert |
| 08/31/2023 | Buy Now | 526.96% | Morgan Stanley | Andrew Percoco40% | $15 → $10 | Maintains | Equal-Weight | Get Alert |
| 08/24/2023 | Buy Now | 401.57% | BMO Capital | Ameet Thakkar41% | $10.25 → $8 | Maintains | Market Perform | Get Alert |
| 08/14/2023 | Buy Now | 777.74% | Susquehanna | Biju Perincheril45% | $15 → $14 | Maintains | Positive | Get Alert |
| 08/11/2023 | Buy Now | 526.96% | Truist Securities | Jordan Levy34% | $12 → $10 | Maintains | Hold | Get Alert |
| 08/10/2023 | Buy Now | 542.63% | BMO Capital | Ameet Thakkar41% | $11 → $10.25 | Maintains | Market Perform | Get Alert |
| 08/10/2023 | Buy Now | 370.22% | Roth MKM | Craig Irwin37% | $13 → $7.5 | Downgrade | Buy → Neutral | Get Alert |
| 08/10/2023 | Buy Now | 4790.28% | HC Wainwright & Co. | Amit Dayal50% | → $78 | Reiterates | Buy → Buy | Get Alert |
| 07/17/2023 | Buy Now | 840.44% | Morgan Stanley | Andrew Percoco40% | $15 → $15 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/14/2023 | Buy Now | 1279.31% | Northland Capital Markets | Abhishek Sinha15% | → $22 | Upgrade | Market Perform → Outperform | Get Alert |
| 07/12/2023 | Buy Now | 652.35% | RBC Capital | Chris Dendrinos33% | → $12 | Reiterates | Outperform → Outperform | Get Alert |
| 07/06/2023 | Buy Now | 715.05% | Citigroup | Vikram Bagri37% | → $13 | Initiates | → Buy | Get Alert |
| 07/05/2023 | Buy Now | 715.05% | Citigroup | Vikram Bagri37% | → $13 | Initiates | → Buy | Get Alert |
| 06/15/2023 | Buy Now | 652.35% | Truist Securities | Jordan Levy34% | $9 → $12 | Maintains | Hold | Get Alert |
| 06/15/2023 | Buy Now | 652.35% | RBC Capital | Chris Dendrinos33% | → $12 | Reiterates | Outperform → Outperform | Get Alert |
| 05/30/2023 | Buy Now | 4790.28% | HC Wainwright & Co. | Amit Dayal50% | → $78 | Reiterates | Buy → Buy | Get Alert |
| 05/22/2023 | Buy Now | 401.57% | Piper Sandler | Kashy Harrison41% | $10 → $8 | Maintains | Neutral | Get Alert |
| 05/11/2023 | Buy Now | 715.05% | Northland Capital Markets | Abhishek Sinha15% | $25 → $13 | Maintains | Market Perform | Get Alert |
| 05/11/2023 | Buy Now | 464.26% | Truist Securities | Jordan Levy34% | $11 → $9 | Maintains | Hold | Get Alert |
| 05/10/2023 | Buy Now | 1216.61% | Oppenheimer | Colin Rusch54% | $31 → $21 | Maintains | Outperform | Get Alert |
| 05/10/2023 | Buy Now | 652.35% | RBC Capital | Chris Dendrinos33% | $17 → $12 | Maintains | Outperform | Get Alert |
| 05/10/2023 | Buy Now | 526.96% | Canaccord Genuity | George Gianarikas43% | $15 → $10 | Maintains | Hold | Get Alert |
| 05/10/2023 | Buy Now | 370.22% | BMO Capital | Ameet Thakkar41% | $10 → $7.5 | Maintains | Market Perform | Get Alert |
FAQ
What is the target price for Plug Power (PLUG) stock?
The latest price target for Plug Power (NASDAQ:PLUG) was reported by HC Wainwright & Co. on March 25, 2025. The analyst firm set a price target for $3.00 expecting PLUG to rise to within 12 months (a possible 88.09% upside). 37 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Plug Power (PLUG)?
The latest analyst rating for Plug Power (NASDAQ:PLUG) was provided by HC Wainwright & Co., and Plug Power reiterated their buy rating.
When was the last upgrade for Plug Power (PLUG)?
The last upgrade for Plug Power Inc happened on January 31, 2024 when Roth MKM raised their price target to $9. Roth MKM previously had a neutral for Plug Power Inc.
When was the last downgrade for Plug Power (PLUG)?
The last downgrade for Plug Power Inc happened on January 27, 2025 when Seaport Global changed their price target from N/A to $1 for Plug Power Inc.
When is the next analyst rating going to be posted or updated for Plug Power (PLUG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Plug Power, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Plug Power was filed on March 25, 2025 so you should expect the next rating to be made available sometime around March 25, 2026.
Is the Analyst Rating Plug Power (PLUG) correct?
While ratings are subjective and will change, the latest Plug Power (PLUG) rating was a reiterated with a price target of $3.00 to $3.00. The current price Plug Power (PLUG) is trading at is $1.60, which is out of the analyst’s predicted range.
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