$2.4399
0.0599[2.52%]
At close: Apr 26
$2.4399
0[0.00%]
After Hours: 7:59PM EDT
Plug Power
(NASDAQ:PLUG)Plug Power Stock (NASDAQ:PLUG), Analyst Ratings, Price Targets, Predictions
Plug Power Inc has a consensus price target of $8.32, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, HSBC, and Piper Sandler on April 5, 2024, March 5, 2024, and March 5, 2024. With an average price target of $4.47 between Citigroup, HSBC, and Piper Sandler, there's an implied 83.07% upside for Plug Power Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
HSBC
Piper Sandler
Evercore ISI Group
Craig-Hallum
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Plug Power
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/05/2024 | PLUG | Buy Now | Plug Power | $2.44 | -18.03% | Citigroup | Vikram Bagri | $3.25 → $2 | Downgrade | Neutral → Sell | Get Alert |
| 03/05/2024 | PLUG | Buy Now | Plug Power | $2.44 | 248.37% | HSBC | Samantha Hoh | $9 → $8.5 | Maintains | Buy | Get Alert |
| 03/05/2024 | PLUG | Buy Now | Plug Power | $2.44 | 18.86% | Piper Sandler | Kashy Harrison | $2.8 → $2.9 | Maintains | Underweight | Get Alert |
| 03/04/2024 | PLUG | Buy Now | Plug Power | $2.44 | 145.91% | Evercore ISI Group | James West | $9 → $6 | Maintains | Outperform | Get Alert |
| 03/04/2024 | PLUG | Buy Now | Plug Power | $2.44 | 104.93% | Craig-Hallum | Eric Stine | $6 → $5 | Maintains | Buy | Get Alert |
| 03/04/2024 | PLUG | Buy Now | Plug Power | $2.44 | 63.94% | Canaccord Genuity | George Gianarikas | $5 → $4 | Maintains | Hold | Get Alert |
| 02/28/2024 | PLUG | Buy Now | Plug Power | $2.44 | 63.94% | Truist Securities | Jordan Levy | $3 → $4 | Maintains | Hold | Get Alert |
| 02/06/2024 | PLUG | Buy Now | Plug Power | $2.44 | 94.68% | UBS | Manav Gupta | → $4.75 | Downgrade | Buy → Neutral | Get Alert |
| 02/06/2024 | PLUG | Buy Now | Plug Power | $2.44 | 84.43% | Redburn Atlantic | Skye Landon | → $4.5 | Initiates | → Neutral | Get Alert |
| 02/06/2024 | PLUG | Buy Now | Plug Power | $2.44 | — | Seaport Global | Tom Curran | — | Downgrade | Buy → Neutral | Get Alert |
| 01/31/2024 | PLUG | Buy Now | Plug Power | $2.44 | 268.87% | Roth MKM | Craig Irwin | $4.5 → $9 | Upgrade | Neutral → Buy | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 43.45% | Susquehanna | Biju Perincheril | $4.5 → $3.5 | Maintains | Neutral | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 43.45% | RBC Capital | Chris Dendrinos | $5 → $3.5 | Maintains | Sector Perform | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 14.76% | Piper Sandler | Kashy Harrison | $2.3 → $2.8 | Maintains | Underweight | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 227.88% | B. Riley Securities | Christopher Souther | $18 → $8 | Maintains | Buy | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 84.43% | Roth MKM | Craig Irwin | $4 → $4.5 | Maintains | Neutral | Get Alert |
| 01/24/2024 | PLUG | Buy Now | Plug Power | $2.44 | 2.46% | BMO Capital | Ameet Thakkar | $3.5 → $2.5 | Downgrade | Market Perform → Underperform | Get Alert |
| 01/23/2024 | PLUG | Buy Now | Plug Power | $2.44 | 22.96% | Truist Securities | Jordan Levy | $6 → $3 | Maintains | Hold | Get Alert |
| 01/11/2024 | PLUG | Buy Now | Plug Power | $2.44 | — | Susquehanna | Biju Perincheril | — | Downgrade | Positive → Neutral | Get Alert |
FAQ
What is the target price for Plug Power (PLUG)?
The latest price target for Plug Power (NASDAQ: PLUG) was reported by Citigroup on April 5, 2024. The analyst firm set a price target for $2.00 expecting PLUG to fall to within 12 months (a possible -18.03% downside). 68 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Plug Power (PLUG)?
The latest analyst rating for Plug Power (NASDAQ: PLUG) was provided by Citigroup, and Plug Power downgraded their sell rating.
When was the last upgrade for Plug Power (PLUG)?
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.
When was the last downgrade for Plug Power (PLUG)?
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.
When is the next analyst rating going to be posted or updated for Plug Power (PLUG)?
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 April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.
Is the Analyst Rating Plug Power (PLUG) correct?
While ratings are subjective and will change, the latest Plug Power (PLUG) rating was a downgraded with a price target of $3.25 to $2.00. The current price Plug Power (PLUG) is trading at is $2.44, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.