The latest price target for Plug Power (NASDAQ:PLUG) was reported by Roth Capital on August 12, 2026. The analyst firm set a price target for $5.00 expecting PLUG to rise to within 12 months (a possible 118.58% upside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Plug Power (NASDAQ:PLUG) was provided by Roth Capital, and Plug Power reiterated their buy rating.

The last upgrade for Plug Power Inc happened on December 31, 2025 when Clear Street raised their price target to $3. Clear Street previously had a hold for Plug Power Inc.

The last downgrade for Plug Power Inc happened on January 9, 2026 when TD Cowen changed their price target from $4 to $2 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 August 12, 2026 so you should expect the next rating to be made available sometime around August 12, 2027.

While ratings are subjective and will change, the latest Plug Power (PLUG) rating was a reiterated with a price target of $3.50 to $5.00. The current price Plug Power (PLUG) is trading at is $2.29, which is out of the analyst’s predicted range.