Comments
Loading...

Plug Power Analyst Ratings

PLUGNASDAQ
Logo brought to you by Benzinga Data
$1.17
-0.05-4.10%
Pre-Market: 6:22 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$12.00
Lowest Price Target1
$1.00
Consensus Price Target1
$4.01

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 120.80% upside for Plug Power Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
4
2
1
Nov 24
1
1
Jan
4
2
3
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
UBS
Morgan Stanley
Canaccord Genuity
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Plug Power

Buy NowGet Alert
03/25/2025Buy Now156.41%HC Wainwright & Co.
Amit Dayal48%
$3 → $3ReiteratesBuy → BuyGet Alert
03/24/2025Buy Now156.41%HC Wainwright & Co.
Amit Dayal48%
$3 → $3ReiteratesBuy → BuyGet Alert
03/21/2025Buy Now49.57%UBS
Manav Gupta53%
$2.5 → $1.75MaintainsNeutralGet Alert
03/06/2025Buy Now36.75%Morgan Stanley
Arthur Sitbon64%
$1.75 → $1.6MaintainsUnderweightGet Alert
03/05/2025Buy Now6.84%Canaccord Genuity
George Gianarikas44%
$2 → $1.25MaintainsHoldGet Alert
03/05/2025Buy Now28.21%Truist Securities
Jordan Levy34%
$2 → $1.5MaintainsHoldGet Alert
03/05/2025Buy Now156.41%B. Riley Securities
Ryan Pfingst37%
$4 → $3MaintainsBuyGet Alert
03/05/2025Buy Now-5.98%Piper Sandler
Kashy Harrison40%
$1.4 → $1.1MaintainsUnderweightGet Alert
03/05/2025Buy Now53.85%Susquehanna
Biju Perincheril46%
$2.5 → $1.8MaintainsNeutralGet Alert
03/05/2025Buy Now19.66%BMO Capital
Ameet Thakkar40%
$1.6 → $1.4MaintainsUnderperformGet Alert
03/05/2025Buy Now156.41%HC Wainwright & Co.
Amit Dayal48%
$5 → $3MaintainsBuyGet Alert
01/27/2025Buy Now-14.53%Seaport Global
Tom Curran35%
→ $1DowngradeNeutral → SellGet Alert
01/16/2025Buy Now113.68%Susquehanna
Biju Perincheril46%
$2 → $2.5MaintainsNeutralGet Alert
11/18/2024Buy Now327.35%HC Wainwright & Co.
Amit Dayal48%
$18 → $5MaintainsBuyGet Alert
11/15/2024Buy Now70.94%Canaccord Genuity
George Gianarikas44%
$2.25 → $2MaintainsHoldGet Alert
11/14/2024Buy Now156.41%Craig-Hallum
Eric Stine38%
$4 → $3MaintainsBuyGet Alert
11/14/2024Buy Now70.94%Wells Fargo
Michael Blum69%
$3 → $2MaintainsEqual-WeightGet Alert
11/14/2024Buy Now19.66%Piper Sandler
Kashy Harrison40%
$1.6 → $1.4MaintainsUnderweightGet Alert
11/14/2024Buy NowBTIG
Gregory Lewis69%
DowngradeBuy → NeutralGet Alert
11/13/2024Buy Now241.88%Evercore ISI Group
James West63%
$5 → $4MaintainsOutperformGet Alert
11/13/2024Buy Now92.31%Canaccord Genuity
George Gianarikas44%
$2.5 → $2.25MaintainsHoldGet Alert
11/13/2024Buy Now1438.46%HC Wainwright & Co.
Amit Dayal48%
$18 → $18ReiteratesBuy → BuyGet Alert
10/03/2024Buy Now70.94%Jefferies
Dushyant Ailani32%
$2.2 → $2MaintainsHoldGet Alert
08/12/2024Buy Now113.68%RBC Capital
Chris Dendrinos30%
$3.5 → $2.5MaintainsSector PerformGet Alert
08/12/2024Buy Now70.94%Susquehanna
Biju Perincheril46%
$3 → $2MaintainsNeutralGet Alert
08/12/2024Buy Now70.94%Truist Securities
Jordan Levy34%
$3 → $2MaintainsHoldGet Alert
08/12/2024Buy Now113.68%Canaccord Genuity
George Gianarikas44%
$3 → $2.5MaintainsHoldGet Alert
08/09/2024Buy Now241.88%Craig-Hallum
Eric Stine38%
$5 → $4MaintainsBuyGet Alert
08/09/2024Buy Now156.41%Wells Fargo
Michael Blum69%
$4 → $3MaintainsEqual-WeightGet Alert
07/22/2024Buy Now105.13%Piper Sandler
Kashy Harrison40%
$2.5 → $2.4MaintainsUnderweightGet Alert
05/14/2024Buy Now1438.46%HC Wainwright & Co.
Amit Dayal48%
$18 → $18ReiteratesBuy → BuyGet Alert
05/13/2024Buy Now156.41%Canaccord Genuity
George Gianarikas44%
$4 → $3MaintainsHoldGet Alert
05/10/2024Buy Now327.35%TD Cowen
Jeffrey Osborne31%
$7 → $5MaintainsBuyGet Alert
05/10/2024Buy Now113.68%Morgan Stanley
Arthur Sitbon64%
$3 → $2.5MaintainsUnderweightGet Alert
05/10/2024Buy Now113.68%Piper Sandler
Kashy Harrison40%
$2.9 → $2.5MaintainsUnderweightGet Alert
05/10/2024Buy Now156.41%Susquehanna
Biju Perincheril46%
$3.5 → $3MaintainsNeutralGet Alert
04/05/2024Buy Now70.94%Citigroup
Vikram Bagri36%
$3.25 → $2DowngradeNeutral → SellGet Alert
03/05/2024Buy Now626.5%HSBC
Samantha Hoh42%
$9 → $8.5MaintainsBuyGet Alert
03/05/2024Buy Now147.86%Piper Sandler
Kashy Harrison40%
$2.8 → $2.9MaintainsUnderweightGet Alert
03/04/2024Buy Now412.82%Evercore ISI Group
James West63%
$9 → $6MaintainsOutperformGet Alert
03/04/2024Buy Now327.35%Craig-Hallum
Eric Stine38%
$6 → $5MaintainsBuyGet Alert
03/04/2024Buy Now241.88%Canaccord Genuity
George Gianarikas44%
$5 → $4MaintainsHoldGet Alert
02/28/2024Buy Now241.88%Truist Securities
Jordan Levy34%
$3 → $4MaintainsHoldGet Alert
02/06/2024Buy Now305.98%UBS
Manav Gupta53%
→ $4.75DowngradeBuy → NeutralGet Alert
02/06/2024Buy Now284.62%Redburn Atlantic
Skye Landon1%
→ $4.5Initiates → NeutralGet Alert
02/06/2024Buy NowSeaport Global
Tom Curran35%
DowngradeBuy → NeutralGet Alert
01/31/2024Buy Now669.23%Roth MKM
Craig Irwin36%
$4.5 → $9UpgradeNeutral → BuyGet Alert
01/24/2024Buy Now199.15%Susquehanna
Biju Perincheril46%
$4.5 → $3.5MaintainsNeutralGet Alert
01/24/2024Buy Now199.15%RBC Capital
Chris Dendrinos30%
$5 → $3.5MaintainsSector PerformGet Alert
01/24/2024Buy Now139.32%Piper Sandler
Kashy Harrison40%
$2.3 → $2.8MaintainsUnderweightGet Alert
01/24/2024Buy Now583.76%B. Riley Securities
Christopher Souther35%
$18 → $8MaintainsBuyGet Alert
01/24/2024Buy Now284.62%Roth MKM
Craig Irwin36%
$4 → $4.5MaintainsNeutralGet Alert
01/24/2024Buy Now113.68%BMO Capital
Ameet Thakkar40%
$3.5 → $2.5DowngradeMarket Perform → UnderperformGet Alert
01/23/2024Buy Now156.41%Truist Securities
Jordan Levy34%
$6 → $3MaintainsHoldGet Alert
01/11/2024Buy NowSusquehanna
Biju Perincheril46%
DowngradePositive → NeutralGet Alert
12/22/2023Buy Now840.17%Craig-Hallum
Eric Stine38%
→ $11ReiteratesBuy → BuyGet Alert
12/19/2023Buy Now96.58%Piper Sandler
Kashy Harrison40%
$6.5 → $2.3DowngradeNeutral → UnderweightGet Alert
12/06/2023Buy Now156.41%Morgan Stanley
Arthur Sitbon64%
$3.5 → $3DowngradeEqual-Weight → UnderweightGet Alert
11/16/2023Buy Now327.35%Citigroup
Vikram Bagri36%
$12.5 → $5DowngradeBuy → NeutralGet Alert
11/14/2023Buy Now327.35%UBS
Manav Gupta53%
$15.5 → $5MaintainsBuyGet Alert
11/14/2023Buy Now412.82%Johnson Rice
Martin Malloy37%
→ $6DowngradeBuy → HoldGet Alert
11/14/2023Buy Now241.88%Wells Fargo
Michael Blum69%
$7 → $4MaintainsEqual-WeightGet Alert
11/13/2023Buy Now199.15%Morgan Stanley
Andrew Percoco39%
$9 → $3.5MaintainsEqual-WeightGet Alert
11/10/2023Buy Now220.51%BMO Capital
Ameet Thakkar40%
$8 → $3.75MaintainsMarket PerformGet Alert
11/10/2023Buy Now412.82%Jefferies
Sam Burwell8%
→ $6DowngradeBuy → HoldGet Alert
11/10/2023Buy Now498.29%Northland Capital Markets
Abhishek Sinha15%
→ $7DowngradeOutperform → Market PerformGet Alert
11/10/2023Buy NowOppenheimer
Colin Rusch54%
DowngradeOutperform → PerformGet Alert
11/10/2023Buy Now412.82%JP Morgan
Paul Coster68%
$10 → $6DowngradeOverweight → NeutralGet Alert
11/10/2023Buy Now412.82%Truist Securities
Jordan Levy34%
$8 → $6MaintainsHoldGet Alert
11/10/2023Buy Now669.23%Susquehanna
Biju Perincheril46%
$13 → $9MaintainsPositiveGet Alert
11/10/2023Buy Now327.35%RBC Capital
Chris Dendrinos30%
$12 → $5DowngradeOutperform → Sector PerformGet Alert
10/17/2023Buy Now669.23%Morgan Stanley
Andrew Percoco39%
$10 → $9MaintainsEqual-WeightGet Alert
10/16/2023Buy Now2207.69%HC Wainwright & Co.
Amit Dayal48%
$78 → $27MaintainsBuyGet Alert
10/12/2023Buy Now1011.11%Susquehanna
Biju Perincheril46%
$14 → $13MaintainsPositiveGet Alert
10/10/2023Buy Now968.38%Citigroup
Vikram Bagri36%
$13 → $12.5MaintainsBuyGet Alert
10/05/2023Buy Now925.64%JP Morgan
Bill Peterson43%
$14 → $12MaintainsOverweightGet Alert
10/02/2023Buy Now583.76%Truist Securities
Jordan Levy34%
$9 → $8MaintainsHoldGet Alert
09/25/2023Buy Now840.17%HSBC
Samantha Hoh42%
→ $11Initiates → BuyGet Alert
08/31/2023Buy Now754.7%Morgan Stanley
Andrew Percoco39%
$15 → $10MaintainsEqual-WeightGet Alert
08/24/2023Buy Now583.76%BMO Capital
Ameet Thakkar40%
$10.25 → $8MaintainsMarket PerformGet Alert
08/14/2023Buy Now1096.58%Susquehanna
Biju Perincheril46%
$15 → $14MaintainsPositiveGet Alert
08/11/2023Buy Now754.7%Truist Securities
Jordan Levy34%
$12 → $10MaintainsHoldGet Alert
08/10/2023Buy Now776.07%BMO Capital
Ameet Thakkar40%
$11 → $10.25MaintainsMarket PerformGet Alert
08/10/2023Buy Now541.03%Roth MKM
Craig Irwin36%
$13 → $7.5DowngradeBuy → NeutralGet Alert
08/10/2023Buy Now6566.67%HC Wainwright & Co.
Amit Dayal48%
→ $78ReiteratesBuy → BuyGet Alert
07/17/2023Buy Now1182.05%Morgan Stanley
Andrew Percoco39%
$15 → $15ReiteratesEqual-Weight → Equal-WeightGet Alert
07/14/2023Buy Now1780.34%Northland Capital Markets
Abhishek Sinha15%
→ $22UpgradeMarket Perform → OutperformGet Alert
07/12/2023Buy Now925.64%RBC Capital
Chris Dendrinos30%
→ $12ReiteratesOutperform → OutperformGet Alert
07/06/2023Buy Now1011.11%Citigroup
Vikram Bagri36%
→ $13Initiates → BuyGet Alert
07/05/2023Buy Now1011.11%Citigroup
Vikram Bagri36%
→ $13Initiates → BuyGet Alert
06/15/2023Buy Now925.64%Truist Securities
Jordan Levy34%
$9 → $12MaintainsHoldGet Alert
06/15/2023Buy Now925.64%RBC Capital
Chris Dendrinos30%
→ $12ReiteratesOutperform → OutperformGet Alert
05/30/2023Buy Now6566.67%HC Wainwright & Co.
Amit Dayal48%
→ $78ReiteratesBuy → BuyGet Alert
05/22/2023Buy Now583.76%Piper Sandler
Kashy Harrison40%
$10 → $8MaintainsNeutralGet Alert
05/11/2023Buy Now1011.11%Northland Capital Markets
Abhishek Sinha15%
$25 → $13MaintainsMarket PerformGet Alert
05/11/2023Buy Now669.23%Truist Securities
Jordan Levy34%
$11 → $9MaintainsHoldGet Alert
05/10/2023Buy Now1694.87%Oppenheimer
Colin Rusch54%
$31 → $21MaintainsOutperformGet Alert
05/10/2023Buy Now925.64%RBC Capital
Chris Dendrinos30%
$17 → $12MaintainsOutperformGet Alert
05/10/2023Buy Now754.7%Canaccord Genuity
George Gianarikas44%
$15 → $10MaintainsHoldGet Alert
05/10/2023Buy Now541.03%BMO Capital
Ameet Thakkar40%
$10 → $7.5MaintainsMarket PerformGet 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 March 25, 2025. The analyst firm set a price target for $3.00 expecting PLUG to rise to within 12 months (a possible 156.41% upside). 36 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 January 27, 2025 when Seaport Global changed their price target from N/A to $1 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 March 25, 2025 so you should expect the next rating to be made available sometime around March 25, 2026.

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 $3.00 to $3.00. The current price Plug Power (PLUG) is trading at is $1.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch