Plug Power Analyst Price Targets - Benzinga

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Plug Power Inc

PLUGNASDAQ

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$1.91

0.052.69%

At close: Sep 29, 5:00 PM EST

$1.93

0.021.05%

After Hours: 7:59 PM EST

Overview News Earnings Forecast EventsPrice TargetsFinancials Sentiment Ownership Compare Options Stock Report

Plug Power Analyst Price Targets

Wall Street analyst price targets and consensus rating for Plug Power (PLUG).

Price Target Range — 12 Quarters

Analyst Consensus — 23 Analysts

8Buy

10Hold

5Sell

Consensus RatingBuy# Analysts23Avg. Consensus PT$4Upside to Avg. PT+85.5%

Rating Trend — Last 9 Months

Recent Analyst Actions

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Sep 29, 2026	HC Wainwright & Co.	Amit Dayal	Maintained	Buy	$7
Aug 12, 2026	Roth Capital	Craig Irwin	PT Raise	Buy	$4→$5
Aug 11, 2026	HC Wainwright & Co.	Amit Dayal	Maintained	Buy	$7
Jul 10, 2026	Susquehanna	Biju Perincheril	PT Cut	Neutral	$4→$3
Jul 9, 2026	Morgan Stanley	Arthur Sitbon	PT Raise	Underweight	$2→$2
May 19, 2026	Wells Fargo	Michael Blum	PT Raise	Equal-Weight	$2→$3
May 13, 2026	Susquehanna	Biju Perincheril	PT Raise	Neutral	$3→$4
May 12, 2026	Canaccord Genuity	George Gianarikas	PT Raise	Hold	$3→$4
May 12, 2026	B. Riley Securities	Ryan Pfingst	PT Raise	Buy	$3→$5
May 12, 2026	TD Cowen	Jeff Osborne	PT Raise	Hold	$2→$3
May 12, 2026	BMO Capital	Ameet Thakkar	PT Raise	Underperform	$1→$1
Apr 29, 2026	Clear Street	Tim Moore	PT Raise	Buy	$3→$4
Apr 9, 2026	Susquehanna	Biju Perincheril	PT Raise	Neutral	$3→$3
Mar 9, 2026	Jefferies	Julien Dumoulin-Smith	PT Cut	Hold	$2→$2
Mar 4, 2026	Wells Fargo	Michael Blum	PT Raise	Equal-Weight	$2→$2
Mar 3, 2026	HC Wainwright & Co.	Amit Dayal	Maintained	Buy	$7
Jan 9, 2026	TD Cowen	Jeffrey Osborne	Downgrade	Buy→Hold	$4→$2
Dec 31, 2025	Clear Street	Tim Moore	Upgrade	Hold→Buy	$4→$3
Nov 20, 2025	Canaccord Genuity	George Gianarikas	Maintained	Hold	$3
Nov 17, 2025	Susquehanna	Biju Perincheril	PT Cut	Neutral	$4→$3

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Analyst Ratings News

PRO
HC Wainwright & Co. Reiterates Buy on Plug Power, Maintains $7 Price Target

HC Wainwright & Co. analyst Amit Dayal reiterates Plug Power (NASDAQ:PLUG) with a Buy and maintains $7 price target.

Benzinga Newsdesk

PRO
Roth Capital Reiterates Buy on Plug Power, Raises Price Target to $5

Roth Capital analyst Craig Irwin reiterates Plug Power (NASDAQ:PLUG) with a Buy and raises the price target from $3.5 to $5.

Benzinga Newsdesk

Plug Power Nears Gross Margin Breakeven; Material Handling 'Continues to Be a Bright Spot'

PLUG stock rose in early trading after reporting Q2 results, with strong fuel cell demand and cost reduction leading to breakeven GM.

Priya Nigam

PRO
HC Wainwright & Co. Reiterates Buy on Plug Power, Maintains $7 Price Target

HC Wainwright & Co. analyst Amit Dayal reiterates Plug Power (NASDAQ:PLUG) with a Buy and maintains $7 price target.

Benzinga Newsdesk

PRO
Susquehanna Maintains Neutral on Plug Power, Lowers Price Target to $2.5

Susquehanna analyst Biju Perincheril maintains Plug Power (NASDAQ:PLUG) with a Neutral and lowers the price target from $3.75 to $2.5.

Benzinga Newsdesk

PRO
Morgan Stanley Maintains Underweight on Plug Power, Raises Price Target to $1.65

Morgan Stanley analyst Arthur Sitbon maintains Plug Power (NASDAQ:PLUG) with a Underweight and raises the price target from $1.5 to $1.65.

Benzinga Newsdesk