Comments
Loading...

Plug Power

PLUGNASDAQ
$2.53
0.010.60%
Pre-Market: 5:42 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$35.00
Lowest Price Target1
$2.00
Consensus Price Target1
$7.82

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Plug Power (NASDAQ:PLUG) Stock, Analyst Ratings, Price Targets, Forecasts

Plug Power Inc has a consensus price target of $7.82 based on the ratings of 30 analysts. The high is $35 issued by Morgan Stanley on January 10, 2023. The low is $2 issued by Citigroup on April 5, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Canaccord Genuity, and TD Cowen on May 14, 2024, May 13, 2024, and May 10, 2024, respectively. With an average price target of $8.67 between HC Wainwright & Co., Canaccord Genuity, and TD Cowen, there's an implied 242.56% upside for Plug Power Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
2
Jan
3
Feb
1
1
Mar
1
Apr
1
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Canaccord Genuity
TD Cowen
Morgan Stanley
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Plug Power

Buy NowGet Alert
05/14/2024Buy Now611.46%HC Wainwright & Co.
Amit Dayal
→ $18ReiteratesBuy → BuyGet Alert
05/13/2024Buy Now18.58%Canaccord Genuity
George Gianarikas
$4 → $3MaintainsHoldGet Alert
05/10/2024Buy Now97.63%TD Cowen
Jeffrey Osborne
$7 → $5MaintainsBuyGet Alert
05/10/2024Buy Now-1.19%Morgan Stanley
Arthur Sitbon
$3 → $2.5MaintainsUnderweightGet Alert
05/10/2024Buy Now-1.19%Piper Sandler
Kashy Harrison
$2.9 → $2.5MaintainsUnderweightGet Alert
05/10/2024Buy Now18.58%Susquehanna
Biju Perincheril
$3.5 → $3MaintainsNeutralGet Alert
04/05/2024Buy Now-20.95%Citigroup
Vikram Bagri
$3.25 → $2DowngradeNeutral → SellGet Alert
03/05/2024Buy Now235.97%HSBC
Samantha Hoh
$9 → $8.5MaintainsBuyGet Alert
03/05/2024Buy Now14.62%Piper Sandler
Kashy Harrison
$2.8 → $2.9MaintainsUnderweightGet Alert
03/04/2024Buy Now137.15%Evercore ISI Group
James West
$9 → $6MaintainsOutperformGet Alert
03/04/2024Buy Now97.63%Craig-Hallum
Eric Stine
$6 → $5MaintainsBuyGet Alert
03/04/2024Buy Now58.1%Canaccord Genuity
George Gianarikas
$5 → $4MaintainsHoldGet Alert
02/28/2024Buy Now58.1%Truist Securities
Jordan Levy
$3 → $4MaintainsHoldGet Alert
02/06/2024Buy Now87.75%UBS
Manav Gupta
→ $4.75DowngradeBuy → NeutralGet Alert
02/06/2024Buy Now77.87%Redburn Atlantic
Skye Landon
→ $4.5Initiates → NeutralGet Alert
02/06/2024Buy NowSeaport Global
Tom Curran
DowngradeBuy → NeutralGet Alert
01/31/2024Buy Now255.73%Roth MKM
Craig Irwin
$4.5 → $9UpgradeNeutral → BuyGet Alert
01/24/2024Buy Now38.34%Susquehanna
Biju Perincheril
$4.5 → $3.5MaintainsNeutralGet Alert
01/24/2024Buy Now38.34%RBC Capital
Chris Dendrinos
$5 → $3.5MaintainsSector PerformGet Alert
01/24/2024Buy Now10.67%Piper Sandler
Kashy Harrison
$2.3 → $2.8MaintainsUnderweightGet Alert
01/24/2024Buy Now216.21%B. Riley Securities
Christopher Souther
$18 → $8MaintainsBuyGet Alert
01/24/2024Buy Now77.87%Roth MKM
Craig Irwin
$4 → $4.5MaintainsNeutralGet Alert
01/24/2024Buy Now-1.19%BMO Capital
Ameet Thakkar
$3.5 → $2.5DowngradeMarket Perform → UnderperformGet Alert
01/23/2024Buy Now18.58%Truist Securities
Jordan Levy
$6 → $3MaintainsHoldGet Alert
01/11/2024Buy NowSusquehanna
Biju Perincheril
DowngradePositive → NeutralGet Alert
12/22/2023Buy Now334.78%Craig-Hallum
Eric Stine
→ $11ReiteratesBuy → BuyGet Alert
12/19/2023Buy Now-9.09%Piper Sandler
Kashy Harrison
$6.5 → $2.3DowngradeNeutral → UnderweightGet Alert
12/06/2023Buy Now18.58%Morgan Stanley
Arthur Sitbon
$3.5 → $3DowngradeEqual-Weight → UnderweightGet Alert
11/16/2023Buy Now97.63%Citigroup
Vikram Bagri
$12.5 → $5DowngradeBuy → NeutralGet Alert
11/14/2023Buy Now97.63%UBS
Manav Gupta
$15.5 → $5MaintainsBuyGet Alert
11/14/2023Buy Now137.15%Johnson Rice
Martin Malloy
→ $6DowngradeBuy → HoldGet Alert
11/14/2023Buy Now58.1%Wells Fargo
Michael Blum
$7 → $4MaintainsEqual-WeightGet Alert
11/13/2023Buy Now38.34%Morgan Stanley
Andrew Percoco
$9 → $3.5MaintainsEqual-WeightGet Alert
11/10/2023Buy Now48.22%BMO Capital
Ameet Thakkar
$8 → $3.75MaintainsMarket PerformGet Alert
11/10/2023Buy Now137.15%Jefferies
Sam Burwell
→ $6DowngradeBuy → HoldGet Alert
11/10/2023Buy Now176.68%Northland Capital Markets
Abhishek Sinha
→ $7DowngradeOutperform → Market PerformGet Alert
11/10/2023Buy NowOppenheimer
Colin Rusch
DowngradeOutperform → PerformGet Alert
11/10/2023Buy Now137.15%JP Morgan
Paul Coster
$10 → $6DowngradeOverweight → NeutralGet Alert
11/10/2023Buy Now137.15%Truist Securities
Jordan Levy
$8 → $6MaintainsHoldGet Alert
11/10/2023Buy Now255.73%Susquehanna
Biju Perincheril
$13 → $9MaintainsPositiveGet Alert
11/10/2023Buy Now97.63%RBC Capital
Chris Dendrinos
$12 → $5DowngradeOutperform → Sector PerformGet Alert
10/17/2023Buy Now255.73%Morgan Stanley
Andrew Percoco
$10 → $9MaintainsEqual-WeightGet Alert
10/16/2023Buy Now967.19%HC Wainwright & Co.
Amit Dayal
$78 → $27MaintainsBuyGet Alert
10/12/2023Buy Now413.83%Susquehanna
Biju Perincheril
$14 → $13MaintainsPositiveGet Alert
10/10/2023Buy Now394.07%Citigroup
Vikram Bagri
$13 → $12.5MaintainsBuyGet Alert
10/05/2023Buy Now374.31%JP Morgan
Bill Peterson
$14 → $12MaintainsOverweightGet Alert
10/02/2023Buy Now216.21%Truist Securities
Jordan Levy
$9 → $8MaintainsHoldGet Alert
09/25/2023Buy Now334.78%HSBC
Samantha Hoh
→ $11Initiates → BuyGet Alert
08/31/2023Buy Now295.26%Morgan Stanley
Andrew Percoco
$15 → $10MaintainsEqual-WeightGet Alert
08/24/2023Buy Now216.21%BMO Capital
Ameet Thakkar
$10.25 → $8MaintainsMarket PerformGet Alert
08/14/2023Buy Now453.36%Susquehanna
Biju Perincheril
$15 → $14MaintainsPositiveGet Alert
08/11/2023Buy Now295.26%Truist Securities
Jordan Levy
$12 → $10MaintainsHoldGet Alert
08/10/2023Buy Now305.14%BMO Capital
Ameet Thakkar
$11 → $10.25MaintainsMarket PerformGet Alert
08/10/2023Buy Now196.44%Roth MKM
Craig Irwin
$13 → $7.5DowngradeBuy → NeutralGet Alert
08/10/2023Buy Now2983%HC Wainwright & Co.
Amit Dayal
→ $78ReiteratesBuy → BuyGet Alert
07/17/2023Buy Now492.89%Morgan Stanley
Andrew Percoco
$15 → $15ReiteratesEqual-Weight → Equal-WeightGet Alert
07/14/2023Buy Now769.57%Northland Capital Markets
Abhishek Sinha
→ $22UpgradeMarket Perform → OutperformGet Alert
07/12/2023Buy Now374.31%RBC Capital
Chris Dendrinos
→ $12ReiteratesOutperform → OutperformGet Alert
07/06/2023Buy Now413.83%Citigroup
Vikram Bagri
→ $13Initiates → BuyGet Alert
07/05/2023Buy Now413.83%Citigroup
Vikram Bagri
→ $13Initiates → BuyGet Alert
06/15/2023Buy Now374.31%Truist Securities
Jordan Levy
$9 → $12MaintainsHoldGet Alert
06/15/2023Buy Now374.31%RBC Capital
Chris Dendrinos
→ $12ReiteratesOutperform → OutperformGet Alert
05/30/2023Buy Now2983%HC Wainwright & Co.
Amit Dayal
→ $78ReiteratesBuy → BuyGet Alert
05/22/2023Buy Now216.21%Piper Sandler
Kashy Harrison
$10 → $8MaintainsNeutralGet Alert
05/11/2023Buy Now413.83%Northland Capital Markets
Abhishek Sinha
$25 → $13MaintainsMarket PerformGet Alert
05/11/2023Buy Now255.73%Truist Securities
Jordan Levy
$11 → $9MaintainsHoldGet Alert
05/10/2023Buy Now730.04%Oppenheimer
Colin Rusch
$31 → $21MaintainsOutperformGet Alert
05/10/2023Buy Now374.31%RBC Capital
Chris Dendrinos
$17 → $12MaintainsOutperformGet Alert
05/10/2023Buy Now295.26%Canaccord Genuity
George Gianarikas
$15 → $10MaintainsHoldGet Alert
05/10/2023Buy Now196.44%BMO Capital
Ameet Thakkar
$10 → $7.5MaintainsMarket PerformGet Alert
05/10/2023Buy Now295.26%Piper Sandler
Kashy Harrison
$12 → $10MaintainsNeutralGet Alert
05/10/2023Buy Now492.89%Susquehanna
Biju Perincheril
$22 → $15MaintainsPositiveGet Alert
05/09/2023Buy Now334.78%Truist Securities
Jordan Levy
$16 → $11MaintainsHoldGet Alert
05/01/2023Buy Now690.51%JP Morgan
Bill Peterson
$23 → $20MaintainsOverweightGet Alert
04/21/2023Buy Now848.62%UBS
Manav Gupta
$26 → $24MaintainsBuyGet Alert
04/18/2023Buy NowKeybanc
Sophie Karp
DowngradeOverweight → Sector WeightGet Alert
04/17/2023Buy Now374.31%Piper Sandler
Kashy Harrison
$17 → $12MaintainsNeutralGet Alert
04/03/2023Buy Now492.89%Morgan Stanley
Andrew Percoco
$35 → $15DowngradeOverweight → Equal-WeightGet Alert
03/06/2023Buy Now690.51%Citigroup
PJ Juvekar
$21 → $20MaintainsBuyGet Alert
03/02/2023Buy Now809.09%JP Morgan
Bill Peterson
$24 → $23MaintainsOverweightGet Alert
03/02/2023Buy Now492.89%BMO Capital
Ameet Thakkar
$18 → $15MaintainsMarket PerformGet Alert
03/02/2023Buy Now571.94%RBC Capital
Chris Dendrinos
$20 → $17MaintainsOutperformGet Alert
03/02/2023Buy Now888.14%Keybanc
Sophie Karp
$31 → $25MaintainsOverweightGet Alert
02/23/2023Buy Now690.51%RBC Capital
Chris Dendrinos
→ $20Reiterates → OutperformGet Alert
01/26/2023Buy Now848.62%JP Morgan
Bill Peterson
$28 → $24MaintainsOverweightGet Alert
01/17/2023Buy Now1125.3%Keybanc
Sophie Karp
$32 → $31MaintainsOverweightGet Alert
01/10/2023Buy Now1283.4%Morgan Stanley
Stephen Byrd
$48 → $35MaintainsOverweightGet Alert
01/06/2023Buy Now413.83%Wells Fargo
Michael Blum
$18 → $13MaintainsEqual-WeightGet Alert
12/14/2022Buy Now927.67%UBS
Manav Gupta
→ $26Initiates → BuyGet Alert
11/10/2022Buy Now690.51%Citigroup
PJ Juvekar
$28 → $20MaintainsBuyGet Alert
11/09/2022Buy Now611.46%BMO Capital
Ameet Thakkar
$22 → $18MaintainsMarket PerformGet Alert
11/09/2022Buy Now690.51%RBC Capital
Joseph Spak
$24 → $20MaintainsOutperformGet Alert
10/21/2022Buy Now532.41%Canaccord Genuity
George Gianarikas
→ $16Assumes → HoldGet Alert
10/21/2022Buy Now730.04%Wells Fargo
Michael Blum
$29 → $21MaintainsEqual-WeightGet Alert
10/20/2022Buy Now1125.3%B. Riley Securities
Christopher Souther
$32 → $31MaintainsBuyGet Alert
10/20/2022Buy Now1797.23%Morgan Stanley
Stephen Byrd
$53 → $48MaintainsOverweightGet Alert
10/20/2022Buy Now848.62%RBC Capital
Joseph Spak
$29 → $24MaintainsOutperformGet Alert
10/19/2022Buy Now1006.72%Jefferies
Sam Burwell
→ $28Initiates → BuyGet Alert
10/17/2022Buy Now927.67%BMO Capital
Ameet Thakkar
$31 → $26MaintainsMarket PerformGet Alert
10/13/2022Buy Now1006.72%JP Morgan
Bill Peterson
$32 → $28MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Plug Power (PLUG) stock?

A

The latest price target for Plug Power (NASDAQ:PLUG) was reported by HC Wainwright & Co. on May 14, 2024. The analyst firm set a price target for $18.00 expecting PLUG to rise to within 12 months (a possible 611.46% upside). 55 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Plug Power (PLUG)?

A

The latest analyst rating for Plug Power (NASDAQ:PLUG) was provided by HC Wainwright & Co., and Plug Power reiterated their buy rating.

Q

When was the last upgrade for Plug Power (PLUG)?

A

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.

Q

When was the last downgrade for Plug Power (PLUG)?

A

The last downgrade for Plug Power Inc happened on April 5, 2024 when Citigroup changed their price target from $3.25 to $2 for Plug Power Inc.

Q

When is the next analyst rating going to be posted or updated for Plug Power (PLUG)?

A

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 May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.

Q

Is the Analyst Rating Plug Power (PLUG) correct?

A

While ratings are subjective and will change, the latest Plug Power (PLUG) rating was a reiterated with a price target of $18.00 to $18.00. The current price Plug Power (PLUG) is trading at is $2.53, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch