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Plug Power Inc.

PLUGNASDAQIndustrialsElectrical Equipment & Parts

$1.38Today:- (-)1Y −52.08%

As of Oct 23, 2026 close

Market cap
$1.92B
P/E (TTM)
-
Forward P/E
-
Dividend yield
-
52-week range
$1.34$4.33
Volume (live)
-
Avg. volume (3M)
49.27M

Plug Power Inc. (PLUG) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Plug Power Inc. stock.

Analyst Consensus Rating

Investment consensus from 17 professional research analysts

Consensus Rating

Hold
Based on 17 unique analysts
(25 total ratings in last 90 days)
High Confidence1.7:1 Buy/Sell

Average Price Target

$2.97
+115.22% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest PLUG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Ameet Thakkar
BMO Capital
SellReiterates
$1.30 → $1.00
Jason Tilchen
Canaccord Genuity
HoldMaintains
$4.00
Charles Minervino
Susquehanna
HoldReiterates
$2.50 → $1.75
David Arcaro
Morgan Stanley
SellReiterates
$1.65 → $1.20
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Chris Dendrinos
RBC Capital
HoldMaintains
$2.75 → $2.00
Eric Stine
Craig-Hallum
BuyMaintains
-
Amit Dayal
HC Wainwright
BuyMaintains
$7.00
Eric Stine
Craig-Hallum
BuyMaintains
-
Amit Dayal
HC Wainwright
BuyMaintains
$7.00
Susmita Roy
Zacks Equity Research
HoldInitiates Coverage
-
Unknown Analyst
UBS
HoldReiterates
$4.00
Jewel Saha
Zacks Equity Research
BuyInitiates Coverage
-
Tanuka De
TopStockAnalysts
BuyInitiates Coverage
-
Craig Irwin
Roth MKM
BuyReiterates
$3.50 → $5.00
Vikram Bagri
Citi
SellMaintains
$0.75
Unknown Analyst
Oppenheimer
HoldMaintains
-
Steve Fleishman
Wolfe Research
HoldMaintains
-
Jason Tilchen
Canaccord Genuity
HoldMaintains
$4.00
Vikram Bagri
Citi
SellMaintains
$0.75
Steve Fleishman
Wolfe Research
HoldMaintains
-
David Arcaro
Morgan Stanley
SellMaintains
$1.65
Gregory Lewis
BTIG
HoldMaintains
-
Ameet Thakkar
BMO Capital
SellReiterates
$1.20 → $1.30
Chris Dendrinos
RBC Capital
HoldMaintains
$2.75

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 21, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for PLUG?

The analyst consensus rating for PLUG is Hold, based on the latest ratings from 17 analysts over the last 90 days.

What is the average price target for PLUG?

The average 12-month price target for PLUG is $2.97, representing an upside of 115.2% from the Oct 23, 2026 close of $1.38.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.