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Plug Power Inc has a consensus price target of $5.14 based on the ratings of 30 analysts. The high is $20 issued by Citigroup on March 6, 2023. The low is $1.4 issued by Piper Sandler on November 14, 2024. The 3 most-recent analyst ratings were released by Susquehanna, HC Wainwright & Co., and Canaccord Genuity on January 16, 2025, November 18, 2024, and November 15, 2024, respectively. With an average price target of $3.17 between Susquehanna, HC Wainwright & Co., and Canaccord Genuity, there's an implied 54.47% upside for Plug Power Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Plug Power (NASDAQ:PLUG) was reported by Susquehanna on January 16, 2025. The analyst firm set a price target for $2.50 expecting PLUG to rise to within 12 months (a possible 21.95% upside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Plug Power (NASDAQ:PLUG) was provided by Susquehanna, and Plug Power maintained their neutral rating.
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.
The last downgrade for Plug Power Inc happened on November 14, 2024 when BTIG changed their price target from N/A to N/A for Plug Power Inc.
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 January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.
While ratings are subjective and will change, the latest Plug Power (PLUG) rating was a maintained with a price target of $2.00 to $2.50. The current price Plug Power (PLUG) is trading at is $2.05, which is within the analyst’s predicted range.
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