The latest price target for Plug Power (NASDAQ:PLUG) was reported by Canaccord Genuity on March 5, 2025. The analyst firm set a price target for $1.25 expecting PLUG to fall to within 12 months (a possible -24.24% downside). 33 analyst firms have reported ratings in the last year.

The latest analyst rating for Plug Power (NASDAQ:PLUG) was provided by Canaccord Genuity, and Plug Power maintained their hold 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 January 27, 2025 when Seaport Global changed their price target from N/A to $1 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 March 5, 2025 so you should expect the next rating to be made available sometime around March 5, 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 $1.25. The current price Plug Power (PLUG) is trading at is $1.65, which is out of the analyst’s predicted range.